George Soros: Supporting Groups to Change the World

George Soros is considered to be the contemporary history’s most influential person. He has an incredible amount of wealth coming from his business empire, and he gives out billions of dollars to groups and organizations who are members of the Open Society Foundations. George Soros founded the Open Society Foundations in hopes that it will help create a world where everyone is considered equal, and everyone will be given basic human rights. The experiences of George Soros during the Second World War in the hands of the Nazis have molded him to be the compassionate person today who wanted to extend his arms for those people who are in dire need. Read more at Washington Times.

George Soros was born in Hungary, and as a child, he have learned the harsh lessons in life. His family had to hide all day in order not to be detected by Nazi soldiers. They have Jewish ethnicity, and once the Nazi soldiers have found out their whereabouts, they will be sent to the concentration camp without question. After the war, George Soros decided to move to London to study, and after he graduated, he eventually moved to the United States and started being an investor and a businessman. Majority of his wealth came from a hedge fund that he founded, and the income that he was receiving from it was invested in a lot of corporations and stocks, which have raised his total wealth. He has the talent and skill in trading and handling finances, no wonder how George Soros became rich in a short period of time.

Read more: https://www.project-syndicate.org/columnist/george-soros

Today, George Soros is focusing more on how he can help the people. He thought that he already have everything that he needs – he have a lot of money, and he can buy almost everything, so instead of keeping all the money for himself, he decided to give lots of it to charities, groups, and organizations that he support. One of the groups that he funded recently was those who are involved in the Ferguson Protests. It was reported that George Soros gave away $33 million to support these groups who are fighting for the rights of African-Americans. It stemmed down from the murder of Michael Brown by a police officer, and as the outcry from the people spread throughout the nation, groups supported by George Soros started to host a rally. Other groups coming from different parts of the United States have seen the movement, and by using the funds that they have in their arsenal, they mobilized their members and headed to Ferguson to join the protest. Buses of activists came into Ferguson to seek justice for the victim. George Soros wanted to show the world that with unity, people could overcome any obstacle, and justice could be served if everyone would stand for it. Know more on cnbc.com about George Soros.

Dick DeVos Shed Some Light on Dick and Betsy Foundation Donations; the Report Exudes Generosity

Dick and Mrs. Betsy are legendary philanthropists world over. Through the internationally revered Dick and Betsy DeVos Family Foundation, the couple is believed to donate handsomely to various causes. The Betsy DeVos appointment for the U.S Education Secretary prompted the couple to reveal what entails their giving.

 

Education Donations

 

A report hosted on the foundation’s website showed that $11.6 million went to charitable organizations in 2015. Campaign donations totaled $5.3 million in the last five years. The couple is passionate about good education for all children. It is no wonder that most of their giving goes to support education causes. This giving amounted to more than $3 million in 2015. Another 3% percent went to organizations that promote reforms in the education sector. Dick DeVos remarked that the donations are an evidence of their quest for equal educational rights. Over the years, they came to a realization that the existing education system sidelined kids from poor neighborhoods. They have since launched several platforms that fight for these rights. The breakdown for the year 2013 donation towards schools showed that $50,000 went to Compass College of Cinematic Arts. About $100,000 to Ferris State University and $25,000 to Detroit Charter School Company New Urban Learning. Alma mater Northwood University benefitted from a $200,000 donation. Potter’s House received three hundred and one thousand dollars while West Michigan Aviation Academy received $350,000. Rehoboth Christian School were beneficiaries of $50,000.

 

Other Donations

 

After Education, Arts & Culture came second in the couple’s priority list. Their concern was in the management of the art community. They believe that the future of arts depends on today’s management. Of their total charitable giving in 2015, $2.4 million went to arts organizations. According to the record, 16 percent went to the local communities and others. Leadership and development received 13 percent and public policy 12 percent. Nearly 5 percent was awarded to health and human resource while 4 percent went to churches. The remarkable thing about the couple’s donations is that it has no strings attached. According to Dick DeVos, their giving is purely meant to help the intended people directly.

 

About Dick DeVos

 

Dick DeVos is presently the President and chair of the Grand Rapids-based Windquest Group. He has held this post since the year 2002. Prior, Dick DeVos was the Amway Global CEO. He was also the NBA’s Orlando Magic’s President cum general director.