Category Archives: Democracy

George Soros Donates $18 Billion

George Soros recently made a single surprise donation worth $18 billion making it the single largest donation ever to be made by a private citizen for charity. The donation which was announced last week makes the Open Society Foundation the second largest charity organization in the United States besides Melinda & Gates Foundation. It also brings all his donations to the society to a whopping $32 billion. Soros was used to donating approximately $8 million annually, but he surprised many this year when the announcement came that he had donated $18 billion.

George Soros is a Hungarian American entrepreneur cum philanthropist who has been working closely with non-governmental organizations to promote democracy and equality in the United States and around the world. Soros is also one of the richest individuals in the United States, and his wealth is estimated at $23 billion. George Soros began his Charity work way back in 1989 when he started sponsoring black students from South Africa. Besides that, he has also offered thousands of scholarships to Hungarian students to study in the West.

George Soros is also the founder and main financier of the Central European University in Budapest. He established the institution to promote critical thinking in social sciences. The University is composed of students from across the world. They are fully or partially financed by the institution. Soros has always had the desire to ensure that no student who wants to pursue their further education denied that chance. Other than his passion for education, Soros is also a champion for democracy and has demonstrated that by sponsoring several U.S presidential candidates in the Democratic party including the most recent, Hillary Clinton.

His support for the Democratic Party has earned him critics from the Republicans who have accused him of several issues including seeking favors from the government. Open Society which was founded in 1979 has since donated over $14 billion to charity and civil rights organizations across the world. The society has received its fair share of the back clash in some countries who accuse Soros of working with non-governmental organizations to overthrow sitting governments. However, that has never been the case. Soros main objective is to see that all human beings around the world are treated equally.

In the recent years, Open Society Foundation has been working close home mainly sponsoring gay and lesbian groups which seem to be discriminated by the federal government regarding funding. According to the Forbes Magazine, The Open Society Foundation is one of largest financiers of most of the gay and lesbian activities in United States. Officials say that Soros, 87 intends to leave a vast majority of his wealth to the charity organizations.

In general, George Soros has spent almost all his life helping people. His foundation operates in more than 100 countries. His main objective is to promote human rights, combat authoritarianism as well as offer support to marginalized communities and groups such as refugees and the LGBT community. Open Society Foundation Spokesperson, Laura Silber said that Soros had changed the lives of millions of people around the world.

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The Support Of George Soros To The Non-Profit Organizations

George Soros put himself on the map of the world through the significant role he has played in the scene of philanthropists. The concept that he put into practice was meant to create transformation in the community and create avenues for the human rights and democracy in the society. Most of the agendas run by the organization called Open Society Foundation are under his care. He is the person behind all the operation in the agency. Soros made a considerable donation to the body worth $18 billion. It was termed as the massive contribution ever made by any team in the private segment.

Open Society Foundation is the top foundation fighting for the equality in the community in the United States. The organization has managed to open various auxiliary braches on other parts of the world. The body has played its role in the field for not less than 30 years. Several accomplishments have recorded through its mission. The level of its services has been registered in more than 120 states across the globe. The agenda of the organization in boosting level of democracy and equality has come with many challenges. One of the primary challenges is the resistance from opposing institution. The excellent leadership and foundation set by Soros have helped the body handled all the problem successfully. Open Society Foundation earned praises by from humanitarian organizations after supporting the third world nation which had the cases of Ebola. The agency boosted the operations of health facilities through provision of the required services and via the financial aid. The other development scheme that Open Society Foundation formed part of the team steering it was the Roma art and culture. The core reason for supporting was to promote the progress of improvement in the region. The approximate amount that Soros has invested in the Open Society Foundation ever since its inception is around $800 to $900 million within a single year. 2017 was the termed to be the period that he made substantial donation worth$18 billion.

The factor that has contributed to the success of the Open Society Foundation is the excellent team of leaders running its operation. George Soros has been the primary person who delegates responsibilities and checking all corners of the management. He has placed in the system of the institution a perfect link that has enabled the smooth flow of communication. The step has led to the excellent coordination of services particular entailing the programs of the organization. The management of the Open Society Foundation has also stretched its limits in providing scholarship to some of the university students in the United States. He supports a lot of the students in the Republic of South Africa in the year 1979. The reason for doing so was to rescue them from the incidents of the apartheid. Soros has also funded the visit of Communist Hungary by a team of diplomats to enhance good relations with the West. The effort he has placed in the transformation sector has gained right support from many nations including the United States. Soros together with his team also fought against racism and LGBTI.

George Soros has made core contribution in fostering democracy and human rights in the society.

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