There has been a turning of the tide in the political world over the past decade. From the high-class and proficient Presidency of Barak Obama to whatever it is that we have going on in D.C. with President Trump, things have changed. Throughout those years there has been some consistency, however, and it comes by way of George Soros. Soros is a billionaire hedge fund manager who is as well known for his work on the financial markets as he is for his work in philanthropy. In the waning months of 2017, Soros decided to take a massive step forward in order to shift his philanthropy/financial market ratio even more. George Soros made headlines around the world when it was revealed that he had donated nearly $18 billion of his own personal fortune to charity.
What sets George Soros apart from some of the other wealthiest men and women on Earth has been his willingness to take a political stand. Soros is a folk hero to the progressive crowd thanks to his massive campaign contributions over the past 20+ years to progressive candidates. Soros has steadfastly worked to oppose some of the most destructive decisions that have plagued this country including the Iraq war and the election campaign of Donald Trump. By doing this, Soros has become enemy #1 to conservative media pundits and they were more than willing to slam Soros’ for his recent philanthropic outreach.
The demonization of philanthropy has been an ongoing issue for progressive donors. No matter how well-intentioned, no progressive will ever pass the conservative purity test and so it was with George Soros. When news broke that Soros had shifted the bulk of wealth to charity, the hysteria emanating from the Murdoch and Koch fueled media giants was almost deafening. One figure even likened George Soros to Darth Vader by saying that the massive fortune shift was made in order to craft a ‘personal progressive Death Star’.
Despite all of the hyperbole and offensive, personal attacks, George Soros continues to take a stand for what he believes in — particularly by way of his philanthropy. George Soros founded the Open Society Foundations in the ’70s as an outlet to try and change the world for the better. Through the OSF, Soros endeavored to create a foundation that could hand out grants to grassroots foundations around the globe. His goal was simple: to blur the lines between our artificial borders in pursuit of a humanitarian focus.
Since its inception, the Open Society Foundations has helped people on every continent. From the persecuted Roma people in Europe to African Americans suffering during Apartheid, the OSF has been there to help out. In 2017, the Open Society Foundations racked up an operating cost of nearly $1 billion through all of their work. Now, with an extra $18 billion in the bank it looks like the Open Society Foundations will be positioned to work hard for long time. It seems that no matter how loudly Soros is shouted down by the right, he just keeps on helping.
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