Category Archives

4 Articles

Philanthropic Leadership/George Soros

George Soros Takes Tremendous Step Toward Equality With Massive Donation to Charity

Posted by eastcoop on

There has been a widening divide in the United States over the past year that may not ever be truly healed. The 2016 Presidential Election campaign of Donald Trump, in all of its horror, may have fundamentally shifted the political climate forever. With that being said, there are still figures out there that are fighting to do the right thing in order to get the country back on track. Of those figures, George Soros remains one of the most prominent. When Donald Trump first got into the Republican Primaries, the world laughed — but Soros didn’t. George knew right away that Donald Trump represented a dangerous brand of nationalism that could cripple America, and he was right. Now, in order to do something about it, George Soros is shifting nearly $18 billion of his own wealth directly into his charitable foundation, the Open Society Foundations.

George Soros is a world-renowned philanthropist, progressive leader, and investor. He rose to fame after betting against the British pound and since then he has established himself as one of the most prominent investors in the world. As a billionaire progressive, George Soros has always been in the unique position of ensuring that his voice is heard on behalf of people who cannot speak up. This line of thinking led Soros to establish the Open Society Foundations in 1979. The Open Society Foundations was established in order to offer out grants to grassroots foundations that wanted to focus on fighting for social justice, freedom of expression, freedom of the arts and transparent government.

Over the years, the Open Society Foundations has played a major role in countries all over the world. The OSF was active in Africa during Apartheid, helping those that were oppressed. The OSF was also active in America during the march for marriage equality. Now, Soros is guiding the Open Society Foundations to become a champion for justice and equality in the era of President Trump’s disastrous administration. George Soros made a donation of $10 million after Trump was elected to the role of President and he doubled down by donating a full $18 billion over the past several years to the foundation.

The decision to shift the vast majority of his wealth to charity is probably one of the most important ones that Soros could make. By making this massive donation, Soros is telling the rest of the world that he wants the Open Society Foundations to have as loud of a voice and as far of a reach as possible. Despite the OSF’s impeccable track record of life-changing philanthropy, there are still those that are shunning Soros for his decision to make the incredible donation.

Members of the right wing of American politics have turned George Soros into the perfect villain. Whenever anything goes wrong or if anything untoward happens to a right-wing politician, George Soros is to blame. Soros has faced scrutiny his entire political career because he represents something that Republicans cannot touch: a wealthy man willing to put it all on the line for the good of the common people.

Philanthropic Leadership

George Soros: Shaping his World with his Wealth

Posted by eastcoop on

George Soros is undoubtedly one of the greatest investors of the 21st century. He has evolved from a little boy on the stuffy streets of Budapest, Hungary, hiding from the Nazis to the confident, erudite investor of the 21st century, predicting the trends of markets around the world and making megabucks while doing it.

George Soros has been the target of a smear campaign linking him to a conspiracy to enforce neoliberal hegemony. His attackers have accused him of funding violent protests in Czech, Ukraine, and Georgia. Prominent among these attacks is from Glenn Beck, Fox commentator. Beck falsely insinuates that Soros instigated coups abroad while also implying that he plans to accomplish one in the United States. Beck and many more people accused him of being a Neo-Nazi and supporting the Nazi cause during the Second World War. Contrary to these insinuations, Soros is a survivor of Nazi brutality.

Born as a Jew in Budapest in 1930, George Soros is a survivor of the Holocaust. As the Nazis made a desperate attempt to destroy the Jewish community in Hungary, 14year old George Soros was a messenger for the Jewish Council, a conservative group made of ancient and terrified Jewish men. The Jewish Council thought that if the Jewish community was calm and subservient, and followed the Gestapo’s every command, they might survive. Soros was sent to alert Jews on to report to various collection points around the city. Instead, the young Soros, prompted by his canny father, urged defiance. He survived the war, alongside his father and other family members because his father disguised the family’s Jewish identity with forged documents.

Read more: Beck’s Dangerous Campaign

After the war, Communist dictatorships soon replaced Nazi brutality. He witnessed the emergence of Soviet domination in Eastern Europe and grew up to hate communism with a passion on He later migrated to England and studied at the London School of Economics, where he discovered his penchant for financial markets. His first opportunity to dominate the financial world came in 1956 when he took a job on Wall Street. His father who was an anti-Communist eventually joined him.

Soros has never looked back since then. He is one of the 50 richest men in the world and has used his wealth to promote great causes. He has made billions of dollars forecasting the rise and fall stocks and currencies around the world. Soros is also one of the most popular philanthropists in the world, funding anti-Communist, pro-democratic, and Pro-liberal causes across the world. He is known to give support, through his Open Society Foundations, to democracy movements in many countries. Apart from fighting communism in Europe, he contributed immensely to the presidential campaigns of John Kerry and Barack Obama.

Despite being an immigrant, he has risen beyond his harsh childhood and made himself one of the richest people in the world. Soros made and still makes his billions in the unscrupulous world of stock and currency speculation. He does it with a passion and dexterity that is unrivaled.

Philanthropic Leadership

Russia Bans George Soros Funded Charities

Posted by eastcoop on

The Russian government has banned two charities founded by billionaire investor George Soros, report. The official reason given by Russia’s General Prosecutor’s Office is that the charities – the Open Society Foundation and the Open Society Institute Assistance Foundation – represent a threat to the “foundations of the constitutional system” of the Russian Federation and also the “security of the state.”

CNBC also reported that after the announcement more than 50 books related to the charities were burned in a college in northern Russia, according to Russian news reports. College libraries in the republic of Komi were raided and 53 books associated to the George Soros foundations were seized.

An additional 427 other books were also seized in order to be shredded, according to reports.

Some believe that this action is retribution against Soros because he urged leaders of the West to increase their aid to Ukraine, which has been subject to Russian aggression. Soros called for the West to contribute up to $50 billion to Ukraine in an effort to stop Russian inroads into the country.

Soros has been a target of the Russian government because his foundations actively finance opposition groups in the country. He is seen as a “puppet master” fostering revolutions of former Soviet states by the current Russian government.

The Open Society released a statement saying that despite the Russian government’s claims they have helped to protect the rights of all Russians and strengthen the Russian rule of law. They also regret that the current actions have hindered them in their support of “Russian civil society.”

In a separate statement Soros declared this action as a “temporary aberration” and that “the aspirations of the Russian people for a better future” will ultimately win out.

THe Open Society Foundations were founded by Soros in 1979 and are currently active in 70 countries around the world. In 2013 they closed their offices in Russia but has continued to fund many civil society organization in the country.

The Soros funded charities have been added to a list of “undesirable organizations” by the Russian government in an attempt to stop foreign governments for meddling in the affairs of Russia to secure their national security.

On its website The Open Society states that its mission is to “build vibrant and tolerant” societies around the world where the presiding government is open to the “participation of all people.” They also strive to create civil societies that “ keep government power in check.”

Philanthropic Leadership

Impacting the World: Bruce Levenson

Posted by eastcoop on

Perhaps he’s best known for his ownership of a prominent NBA team, but Bruce Levenson also has some substantial acumen as a prominent philanthropist. In fact, Bruce Levenson and Karen Levenson provided donations which became the seed money for The Center for Philanthropy and Nonprofit Leadership at the University of Maryland. They’ve donated subsequently, and the center has continued to grow. In fact, recently a dormitory was constructed so that students could pursue philanthropic aims and remain on campus as well. Also, twelve graduate students were sent to work for several NGOs in India. Those NGOs were focused on the disabled, on wildlife preservation, and on youth outreach. That’s all according to a recent PR Newswire article on the subject. Also according to that article, The Center has some aspects to it which make its impact exceptionally profound, and somewhat perpetual. Every semester, courses stemming from The Center raise some ten thousand dollars. That’s twenty thousand dollars a year. This money is then given to nonprofit organizations who deserve it. The Center has received national attention, and is considered among the top facilities educating students in philanthropy by the nation’s capital. In fact, several prominent philanthropic nonprofit organizations regularly recruit from The Center; among them the Marriott Foundation and the Smithsonian. Karen and Bruce are both very pleased with the program, and well they should be. It betters not just the local community, or the country, but the world itself. Perhaps this is a reason Karen Levenson said it was their “most profound” philanthropic project.