Philanthropy

George Soros Uses Open Society Foundations to Eradicate Poverty in the Society

One of the leading organizations that promote human, civil and migrant rights is the Open Society Foundations. This may be in fact, the leading philanthropic organization that America has ever had in history. It has 37 branches across different states. Although other foundations like the Gates Foundation spends a higher amount of money in various projects, Open Society Foundations has managed to garner a larger footprint in the world through the various offices it has in Africa. Open Society Foundation’s budget is approximately $ 930 million every year. This budget is on the higher side compared to other organization’s funds.

Leadership

Open Society Foundation’s budget is usually determined by George Soros, the founder and head cheerleader of the organization. George Soros joined charity years back when he flee Hungary during the Nazi Regime. Following his skills in economics and financial markets, Soros has been committed to expanding the services of the organization across different sectors. Soros who invested in business and politics is currently worth billions. His net worth is approximately $ 26 billion. Part of his income is channeled to Open Society Foundations. Visit Project Syndicate to learn more about George.

Contribution

Soros is a famous philanthropist and investor. He is a renowned activist for humanity too. Through the large organization, he supports education reforms, freedom of speech, sexual orientation, migration and cultural differences. Open Society Foundations spotlights some of the issues that contribute to societal injustices. Under the leadership of George Soros, the Open Society Foundations has delved into a different direction focused on expanding its map in the long run. Soros has been the lead champion in fostering reforms through the Open Society Foundations. Visit this site to know more at opensocietyfoundations.org.

Ferguson Protest

The Ferguson protest followed the shooting of a teenager called Michael Brown amidst a protest. Brown was unarmed during the shootout. The jury did not charge the officer who murdered Brown. Although there was a justice department investigation to oversee the case proceedings, the court did not charge the officer. This resulted in the widespread protest of people in the neighborhood of Missouri. According to the protestors, this was a racial card against the affected individuals. With the expenses that come with various protests, there was a question of who funds the entire process on different days of the week. It was none other than the wealthy billionaire, George Soros. He was moved by the passion for finding justice for the affected family and friends of Michael Brown. Since the beginning of the protests, George Soros has been the primary donor.

Conclusion

Soros was born in 1930. He is an American with roots from Hungary. Soros was born during the Nazi Regime, and he was raised at a time when the Nazi assassinated Jews, disabled and people from different cultures. His father protected the family by presenting falsified documents. Soros left Hungary for London. He pursued studies from the London School of Economics then left for America and established businesses.

New Secretary of Education’s Philanthropy Comes Under Critical Spotlight

The DeVos family is one of the most prominent politically active families in the country. They donate a lot of money to the conservative political causes they support. First and foremost is school choice. That recently resulted in President Trump nominating Betsy DeVos to serve as Secretary of Education. According to their political opponents, they use their donations just to advance their political agenda. Recently MLive took a closer look at the family’s history of contributions. They found that the family’s charitable giving dwarfs the money they do donate to outright charities that work directly to improve the lives of recipients. Also, the article found, the couple are famous for donating without attaching conditions to how the money must spent. There are exceptions, but only when the couple insists on something that makes the difference. For instance, they contributed to the Spectrum Health Foundation to recruit one of the country’s top childhood cancer doctors. That resulted in an improvement rate for children treated for neuroblastoma at the Helen DeVos’ Children’s Hospital.

 

The family does donate a lot of money to education, especially to schools. They financed their own charter high school, the West Michigan Aviation Academy. Its graduation rate is 86%. Out of the graduating class, 15 were licensed pilots. It stands on the ground of Gerald R. Ford International Airport. They also help the school’s annual fundraiser succeed with guests not seen at a typical high school rally: former President George W. Bush and Apollo astronauts. 40% of the student body are minorities. One-third of them qualify as economically deprived. 40% are minorities. The DeVos family also supports the Potter House Christian School in Grand Rapids. That is where they first became inspired to support education directly and politically through bringing about school choice. And Betsy DeVos has served as a mentor to students at the school.

 

They also support civic organizations, the arts and churches, including the popular Chicago church Willow Creek. Forbes magazine estimates they have donated a total of $139 million total over the years.

 

Dick DeVos is the son of Richard DeVos, the co-founder of Amway. He began his business career packing boxes of Amway products at his childhood home. He became an official employee at the company in 1974. In 1984 he became a vice-president in charge of expanding the company’s operations to other countries. During his time, he increased foreign profits of the company from just 5% to 50%. He spent time in charge of the Orlando Magic, then went on to serve as president of Amway, succeeding his father. He left that position to handle his own private business, the Windquest Group. He owns various businesses, including the Green Machine, which converts waste heat into electricity. In 2006 he ran for governor of Michigan, but lost the general election.

 

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