In September of 2016 the Open Society Foundation was gifted $500 million by George Soros, billionaire hedge fund manager and philanthropist to be allocated towards the largest refugee crisis caused by escalated military conflicts since World War II. These funds are being earmarked as a means to help countries trying to handle the enormous inflow of refugees and migrants fleeing from persecution and the ravages of military actions in their home countries.
Mr. Soros stated in an announcement in a Wall Street Journal op-ed that his goal was to provide opportunities by investments. His hope is to show the world that private capital can play a constructive role in society by providing in this case the means and opportunities for migrants and refuges to achieve fundamental human rights, dignity, and the rule of law. Read more on Snopes about George Soros
While individual grants are possible Mr. Soros specified that he was interested in many different types of organizational models. With grants available for multiple entities ranging from established companies, to business start-ups, to social impact organizations.
All of these many goals have a special place with George Soros as he was a refugee himself having fled Hungary in 1947 after his own Jewish family had survived WWII by concealing their backgrounds, and helping others do the same. Years later Mr. Soros recalled that; instead of submitting to our fate, we resisted and not only did we prevail but we were able to help others. Read more about George’s life story at biography.com
Upon leaving Hungary Mr. Soros went to London attending the London School of Economics where he acquired much of his philosophy about life through the teachings of Philosopher Karl Popper. Who stated that “societies can only flourish when they allow for democratic governance, freedom of expression, and respect for individual rights” an approach that became the core philosophy of the “Open Society Foundations” the non-profit group that Mr. Soros founded in 1979.
Throughout his career Mr. Soros has supported these principles and personally funded these initiatives in multiple countries in the world. He continues to support multiple organizations through his Open Society Foundation always representing the members of society that have the least ability to support themselves.
Read more: http://www.forbes.com/profile/george-soros/