George Soros’ Foundation to spend $220 million in racial justice initiative

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Discussion posted by: David McNamara

Open Society Foundations, a philanthropic group founded by George Soros, announced Monday that it would be giving $220 million to the racial justice effort amid the death of George Floyd. Astead Herndon of The New York Times wrote that the donation “will immediately reshape the landscape of Black political and civil rights organizations,” putting Open Society Foundations “near the forefront of the protest movement.” Executive director of Open Society said that “the success of this movement, the largest in U.S. history, will be measured over years, not weeks, and we cannot say that Black lives matter and not make a multi-year commitment to a strategy set by and centering Black leaders and organizations who changed America’s sense of what is possible.”