George Soros, Record Breaking Philanthropic Donation

According to a Fortune magazine article written in the “Leadership/Philanthropy” section, billionaire George Soros has given a large percentage of his entire net worth to Open Society. Open Society was founded by Soros in 1979, its main goal is to provide resources to help fight injustices in connection with discrimination and suppression of democratic freedoms. Soros is known for his donations to democratic causes, namely supporting Hillary Clinton in her bid to become President of the United States. George Soros was not dismayed by the results, he took immediate action to continue the fight to keep democracy functioning for the people. Following the election, Soros donated $10 million to further the scale of accountability for hate crimes. His single donation is one for the history books. In regards to philanthropic giving, it makes Open Society one of the single largest nonprofits in the world today.

Open Society in its 38 years has been facilitating grants to different regions in the world, totaling over $14 billion. In 2017 alone, Open Society has a $940 million budget. As far as George Soros sees it the global ingredient to continue fighting against economic injustices, human rights and democracies is to provide funding. On his website, Soros explains why he uses the bulk of his wealth for philanthropy. In fact, supporting democracies around the world has always been high on his list to assist humanity. He states that he’s been fortunate enough to have financial success, “This allows me to take a stand on controversial issues: In fact, it obliges me to do so because others cannot.”

At 87, George Soros shows no signs of slowing down. He remains active in hedge fund investing and continues to monitor the changes in the structure of the changing political flow in Washington, DC. On its Twitter feed, Open Society announced the donation by George Soros. And also on the page, readers can learn more about the foundation’s global efforts to protect citizens in worldwide regions. When Forbes magazine recently released its annual list of the 400 wealthiest individuals, Soros was entered as having a net worth of $23 billion.

For George Soros and Open Society there’s no such thing as “good enough.” Every since Soros decided to start his philanthropic organization, the nonprofit foundation has been steadily growing since its inception. Initially, Soros began his philanthropic work in South Africa. After making a great deal of money in his investing, Soros decided that he had enough money and it was time to assist others. The Open Society seeks to help citizens in impoverished regions that have been deprived of basic human rights or denied democratic choices. As the years have gone by, Open Society has evolved and now helps those involved in any type of struggle, such as gay rights and racial injustices. In 1969, Soros started building his fortune as a hedge fund manager, with his own business, Soros Fund Management. That business is now privately run by his family members. and Follow him

George Soros’s Role In Politics and Society

According to the Forbes magazine in November 2017, George Soros’s net worth is at $23 billion. He is the 20th on the Forbes list of 400 wealthiest Americans. The billionaire made his fortune in 1992 by betting against the overrated British pound. He is the notable philanthropist in the world. He has spent million dollars to support organizations and individuals who are fighting for accountability by their governments, freedom of expression  the promotion of equality in the society.

Soros’s philanthropic activities

He has achieved this by using his Open Society Foundations. The foundation has its offices in London, New York, Brussels, and Budapest. He has also provided tuition fee for thousands of promising students who have been denied their right to education basing on their race.

Having been born in Hungary in 1930, during the Nazi occupation, he experienced racial discrimination firsthand. He witnessed over 500,000 Jews massacred. His family survived the ordeal because they had forged identity documents that concealed their real backgrounds. They helped others to survive by assisting them to access those documents.

According to the Open Society Foundations, George Soros began his active charitable activities in 1979 by giving scholarships to blacks in South Africa who were enduring the apartheid regime. He also facilitated the open exchange of information in Communist Hungary by funding academic visits in the conflicting areas.

George Soros has provided $18 billion funding to his Open Society Foundations. This is according to the New York Times, 17/10/2017. It is the biggest investment made to a single foundation by a private donor. This move has made the Open Society Foundation to be the third biggest charitable organization in the US. It follows the Bill and Melinda Gates Foundation.

In 2014, the foundation also funded treatment centers for Ebola, funded the Roma art& culture and also helped fight hate crimes by donating $10 million after the divisive, closely contested 2016 presidential elections in the US.

His role in Politics

Soros has been the significant financier of the democrats for a while. In 2016 for example, he funded Hillary Clinton’s presidential campaigns. He also financed groups in 2004 with a view of blocking the re-election of President Bush, because he was not happy with America’s military activity in Iraq.

The organization supports human rights democracy in more than 120 countries worldwide. It aims at building liberal and vibrant democracies around the world. The organization has also put the focus on the United States by initiating programs that cater for the minority groups such as the immigrants, gays, and lesbians and also address the abuses caused by the police.

Fighting the most intractable problems remains the most outstanding ideal in George Soros’s philanthropic lifestyle. He emphasizes on the need of tackling losing causes.

George Soros is a symbol of liberalism. He is admired from all corners of the world especially by the nationalists who want to democratize their countries, create accountability in governance and also foster for the respect of human rights. and Follow him

How Thor Halvorssen and the Human Rights Foundation have Championed for Human Rights

Thor Halvorssen has maintained his deep commitment to fighting for human rights in regions or countries where such rights are deprived. As such, his involvement in the global human rights politics has positioned him at the middle of multiple international conflicts. However, this situation has propelled him into one of the most perplexing and polarizing human activists of this generation.

The Human Rights Foundation has managed to steer campaigns to free political prisoners, fight oppressive regimes, as well as invite journalists and dissents to its annual forum, the Oslo Freedom Forum. Mr Halvorssen has assisted the foundation in combating left-wing populist totalitarianism in Latin nations. Most of the foundation’s money, energy and activities are channeled to its annual forum in Oslo, which also hosts the Nobel Peace Prize awards and Oslo Peace Accords.

Thor Halvorssen represents an ideological throwback to the past days of the anti-Soviet freedom movement, which consisted of various aspects of right as well as the left anti-Communist. His involvement in the championing for human rights began during the Venezuelan political divide. However, the moment that his father was imprisoned in Caracas marked his defining moment. As such, he mounted a campaign that involved Amnesty International and other human rights entities, which led to the successful release of his father from custody.

Thor Halvorssen

Thor Halvorssen is a prominent human rights activist with Venezuelan and Norwegian origins. He descends from a family of parents with entrenched history in public affairs. As such, his mother is a relative of Cristobal Mendoza and Simon Bolivar, the first Venezuelan presidents. On the other hand, Thor’s father previously served as the anti-Narcotic Affairs Ambassador. Thor Halvorssen has made human rights activism part of his routine. This has played a role in rebuking or fighting against various threats to humanity such as human trafficking, dictatorship, and slavery.

Apart from founding and steering the Human Rights Foundation, he has served in other key roles such as being the CEO and executive director of the Foundation for Individual Rights in Education. His tenure in FIRE led to the formation of coalitions, which brought together libertarian and conservative advocacy organizations like the Eagle Forum, Heritage Foundation, and Feminists for Free Expression. He is also a patron of various organizations such as On Own Feet and Czech-based Children’s Peace Movement. In addition, he has aired his opinions on numerous media platforms such as The Nation, Time Magazine, The New York Times, and The Nation.