The article discusses the Trump administration's recent efforts to investigate George Soros's Open Society Foundations, a major liberal-leaning philanthropic organization, amid accusations of fomenting political violence, which Soros and his allies deny as unfounded and politically motivated. The piece explores Soros's background, his influence in Democratic fundraising, and the political context of the targeting, including Trump's broader campaign against perceived left-wing infrastructure.
The DOJ has directed prosecutors in at least seven states to prepare investigations into the Open Society Foundations, funded by George Soros, with potential charges including terrorism, arson, wire fraud, and racketeering, amid political tensions and accusations from top officials.
The Open Society Foundations, funded by George Soros, criticized the Trump administration for allegedly planning politically motivated investigations against them, including potential charges like racketeering and terrorism, amid Trump's efforts to target his political opponents and liberal groups.
Open Society Foundations, led by George Soros, announced a $400 million commitment over eight years to support green economic development in six middle-income countries. This marks the first major initiative following a significant internal reorganization. The funding aims to create sustainable jobs and shift towards clean energy, addressing issues like pollution, green infrastructure, and workforce upskilling. The restructuring, driven by Alex Soros, included layoffs and strategic changes to better align with global challenges like climate change and authoritarianism.
Binaifer Nowrojee has been appointed as the new president of Open Society Foundations, succeeding Mark Malloch-Brown who will step down in June 2024. Nowrojee, currently the vice president of Programs, brings over three decades of experience in human rights and international law to her new role. George Soros, founder of OSF, expressed confidence in Nowrojee's global leadership, while Malloch-Brown praised the organization's transformation under his leadership. Nowrojee's appointment reflects a significant milestone for OSF as it continues its mission to promote human rights and open society on a global scale.
Open Society Foundations (OSF) has announced plans to launch the Roma Foundation for Europe, an independent foundation dedicated to supporting Europe's Roma communities. OSF has pledged €100 million ($107 million) for the new foundation, which will be based in Brussels and led by Zeljko Jovanovic, director of OSF's Roma Initiatives Office. The foundation aims to address the discrimination and economic exclusion faced by the Roma community, focusing on skills development for employment in the digital economy and the green transition. OSF will continue to support existing organizations working with the Roma community, and the new foundation aims to expend the entire pledge by 2030.
The Open Society Foundations (OSF), founded by billionaire philanthropist George Soros, are planning to significantly reduce their work in Europe and lay off much of their staff on the continent, according to an internal email and employees. The proposed cuts, which have not been directly communicated to grantees, would mark a departure from OSF's longstanding support for civil society and human rights in Europe. The decision comes as OSF adopts a new operating model under the leadership of George Soros' son, Alex Soros. Grantees express concern about the potential withdrawal of support for human rights and democracy in Europe, and fear that it may create opportunities for conservative social movements to gain ground.
The Open Society Foundations, founded by billionaire George Soros, is planning to reduce or end its work within the European Union and shift its focus to other parts of the world. The organization, which supports causes such as freedom of expression and accountable government, has not yet specified how or where its funds will be reallocated. The decision has raised questions in Hungary, where some argue that it contradicts the foundation's mission to support democracy. However, the foundation will continue to support certain civil society programs in Europe, including those benefiting Roma communities.
Open Society Foundations, the charity founded by billionaire George Soros, plans to withdraw or terminate large parts of its work within the European Union as it shifts focus to other parts of the world, according to an internal email. The decision is part of a strategic shift that aims to allocate resources to make a significant impact in other regions. The foundation will continue to support civil society groups across Europe, including those working on EU external affairs, while maintaining support for European Roma communities. The organization will also continue to fund programs in Europe through national foundations.
Open Society Foundations, the philanthropic network founded by billionaire George Soros, is laying off at least 40% of its staff, amounting to hundreds of job cuts. The organization, which currently employs around 800 people globally, announced "significant changes" to its operating model in an effort to become more nimble. The move comes after Soros handed control of the foundation to his son Alexander, who expressed plans to chart a new course while maintaining his father's liberal values. Open Society has disbursed over $19 billion in grants since its inception and has been influential in promoting democratization, education, public health, and the arts.
Billionaire George Soros has handed over control of his charitable foundation and political action committee to his son Alexander Soros. Alexander Soros is now the chair of the Open Society Foundations and has stated that he is "more political" than his father, and expects to embrace different causes with the foundation, particularly voting rights and abortion rights. George Soros has given $32 billion to his Open Society Foundations, which was founded in 1979 with the goal of working for justice, democratic governance, and human rights worldwide.
Billionaire philanthropist George Soros has confirmed that he is handing control of his $25 billion empire to his son Alex, who was named chair of the Open Society Foundations in December. Alex hinted at a significant financial role for the Soros organization in the U.S. elections next year and voiced concerns about a potential return of former President Donald Trump. George Soros, who has been one of the U.S. Democratic Party’s largest donors, said that Alex has "earned" his trust.
Billionaire George Soros has decided to hand control of his $25bn philanthropic and financial empire to his son, Alexander. Soros, a major backer of liberal and democratic causes, had previously said he did not want his Open Society Foundations (OSF) to be taken over by one of his five children. However, he has now changed his mind and said his 37-year-old son, known as Alex, has "earned it". Alex plans to continue donating family money to left-leaning political candidates in the US and broaden the foundation's priorities to include voting and abortion rights as well as gender equity.
Billionaire philanthropist George Soros has handed over the running of his $25bn financial and charitable empire to his son Alex. The family's wealth has been directed to support democracy-building in dozens of countries. Alex, a 37-year-old history graduate, is the second-youngest of his five children. He took over at the Open Society Foundations (OSF) as chairman in December and is also in charge of his father's "super PAC" a US mechanism to direct funds to political parties. The OSF now spends about $1.5bn a year backing liberal causes, educational organisations and human rights in more than 120 countries.
Billionaire investor and philanthropist George Soros is reportedly ceding control of his $25 billion empire to his younger son, Alexander Soros, who is broadening his father's "liberal aims" and embracing different causes including voting and abortion rights, as well as gender equity. Alex aims to keep using the family's wealth to back left-leaning U.S. politicians and recently met with Biden administration officials, Senate Majority Leader Chuck Schumer, and heads of state to push for issues related to the family foundation. The appointment passes over George Soros' elder son Jonathan Soros, 52, a lawyer with a background in finance.
