The impact that the George Soros transfer made to Open Society Foundation

George Soros gave out a massive transfer that has never been given out by any single donor. George a billionaire fund manager and a principal democratic donor donated $18 million to the open society foundation. The donation has been made some years back, but it was discovered this year. The donor is what had transformed the open society to become the second most significant philanthropic organization around the United States. The donation has benefited Mr. Soros to overcoming the conservative critics that are taking place in politics. Open society was founded by Mr. Soros more than 30 years ago, with the goal that it will be able to promote democracy the human right of the people in more than 20 countries.

In recent years, open society has had the opportunity of making their intentions known in the United States, and they have invested in programs that were concerned in the protection of the gays and the lesbians. Also, those programs that were involved with the abuses the police were using on human beings. The organization helped so much when there was the Ebola breakout in the founding of the treatment centers. After the 2106 election, there were cases of the hate crimes that were suspected of taking place so Mr. Soros committed $10 million so that it would help in the prevention of the crimes. Mr. Soros said that they had to do something so that they would prevent what was to take place due to the dark forces that had been awakened.

Mr. Soros philanthropy did not just start now, but it has been rooted from his past. When he was a boy, he lived in Nazi, but he later occupied Hungary. When the Hungary was under the rule of the communist, and that’s was in 1947. In the same year he left to London, he didn’t stay there for long he later moved to the united stated where his success story started on Wall Street. In 1992, he bet against the British pound with $1 million, the trade that gave him the nickname that his mostly referred with as the man who broke the England bank. The nickname was after his aggressiveness pushed the selling of the currency to the devalued pound. That’s what lead to his fortune, and he started in the funding of the projects.

Mr. Soros has become one of the donors to Democrats. He is in the same rank as Mrs. Clinton. During the election that happened last, Mr. Soros gave the PACs millions, with the motive that they would oppose Mr. Trump and they would give their support to other democratic candidates. Also, he bet on the loss of Mr. Trump, but that led to him losing over $1 million. He is expected that he could be increasing his donation to the open society this coming year. The open society foundation has made more impact around the world in the last two decades, and even no other foundation has reached that impact that it has achieved even the ford foundation and Follow him Twitter.com.

 

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