Soros Foundation Pledges $220 Million Towards Racial Equality
The Open Society Foundations, the philanthropic group founded by George Soros, announced Monday that it would pledge $220 million towards initiatives focusing on racial equality in the United States.
The investment will transform the efforts of political and civil rights groups across the country, and comes as protests continue nationwide over the death of George Floyd while in the custody of Minneapolis police, The New York Times reported.
Of the $220 million, $150 million is allocated for groups “that helped to create and now sustain the momentum towards racial equality,” according to a press release from the Open Society Foundations. These groups include the Black Voters Matter Fund, Repairers of the Breach and political organizations like the Equal Justice Initiative. The money will be given out in five-year grants.
The remaining $70 million will be given as local grants to groups supporting changes to policing and criminal justice, according to The New York Times. The money will also be used to promote civic engagement across communities and political engagement from younger voters.
“It is inspiring and powerful to experience this transformational moment in the racial justice movement,” said Patrick Gaspard, the president of the Open Society Foundations.
For decades, our founder George Soros and we at Open Society have supported the movement against systemic racism. Today, we build on this history by announcing $220 million to build power in Black communities and promote bold new anti-racist policies. https://t.co/6G7yZsc1cm
— Open Society Foundations (@OpenSociety) July 13, 2020
“We are honored to be able to carry on the vital work of fighting for rights, dignity and equity for oppressed people,” Gaspard added.
Soros has donated billions to liberal and progressive causes throughout his later career, often supporting the efforts of marginalized people across the world, The New York Times said.
Soros survived the Nazi’s occupation of Hungary before emigrating to the United Kingdom in 1947, according to the Foundation’s website.
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact firstname.lastname@example.org
I’ve snatched myself bald headed and my feet are sore from stomping them….and I still can’t understand how a civilized population has allowed this evil to operate unimpeded for so long. This is a subhuman that helped send his own family to the Nazi gas chamber !!
He is living proof that “Money buys anything” and there is abundence of greedy people on the shelf to pick from.
These are ONLY the open groups he supports…let’s not leave out BLM and Antifa +++ In 2014 there is a quote from him “We will use the uneducater BLACKS & poor to act as soldiers” While he lives on a heavely armed estate outside of Mexico City.
Justice? We all have the RIGHT to pursue happiness, We all have equal OPPORTUNITIES to pursue it, but it’s a choice….take it or leave it. AN, yes, there are exceptions. Primerly among the generations of those remaining ignorant….(Soros’s prime targets) Look at the increaing number of minorities that have achieved fame and are an influencial part of government, science and entertainment.
The heatbreaking results of his ‘grand plan’ is that these followers have walked right back into the slavery they are protesting.