The Open Society Foundations is an extensive network that connects organizations, funds, and groups from all around the world, helping them achieve their goals and allowing them to connect. The global philanthropic network was founded by world-known investor and philantropist George Soros in the April of 1993.
Geoge Soros put a start to his work in philanthropy before establishing the Open Society Foundations. His first large work in philanthropy was in 1979 when he started providing black South Africans with scholarships under apartheid. After that, Geoge Soros was actively involved for about a decade in promoting the open exchange of ideas of science and art ideas among else in what was then a Communist Hungary.
The efforts were in the 70s, and they aimed to promote freedom of speech, forward thinking, and a change in national mindset. George Soros has founded and funded the establishments of a vast number of universities and academies across Europe such as the Central European University which was erected after the fall of the Berlin Wall. Next, George Soros started expanding his efforts and swiftly moved into Africa, Latin America, the United States of America, and Asia.
George Soros became one of the most influential supporters of marginalized groups such as the Roma people in Europe, member of the LGBTI community, sex workers, drug addicts, refugees, and other minorities around the world. The Open Society Foundations support organizations that take care of marginalized groups. The network also promotes education, business development in youth, and democratic views.
The name of the Open Society Foundations was inspired by the philosophical notion of an open society. The term was widely popularized by philosopher Kal Popper, though he did not coin the phrase or the notion. However, Karl Popper expanded upon it in his book titled The Open Society and Its Enemies. George Soros read the book and became familiar with the work of Karl Popper during his years of studying at London School of Economics. That made a lasting impression on him and directed his life into philanthropy.
After he started doing business and opened his Soros Fund Management hedge fund in 1970 on Wal Street, George Soros started amassing his now massive fortune. He directs a large part of his profits to his Open Society Foundations making it unnecessary for the network to rely on investors. In 2017, George Soros reached the accumulative contribution of 32 billion dollars. That is the second largest contribution made to an organization by a single individual.
George Soros is an active supporter of a vast number of academies and academic institution around the world. He funds his own establishments as well as other institutions. Some of the organizations that have been enjoying his generosity are the Institute of New Economic Thinking, Global Witness, the European Council of Foreign Relations, as well as the Internation Crisis Group among a variety of others.
The goal of George Soros is to bring society closer to an open society and take it away from discrimination, judgment, segregation, violence, and racism.
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