The Amazing Acts of Philanthropy

One of the notable philanthropists globally is George Soros whose acts of promoting the welfare of others and donation of money to good causes has helped many people. The multi-billionaire donated over $32 billion of his personal belongings to the Open Society Foundation that operates all over the world. He founded the Central European University located in Budapest which is the best institution for the study of social sciences in the European region.The Open Society Foundation has helped and provided support to not only individuals but also organizations in the world fighting for their rights and freedom of expression, justice and equality in the societies and accountable government. Moreover, the philanthropic organization has covered college and university costs for numerous students who would have otherwise not attended school.

The donations mostly go to people who have been discriminated in the society for who they are. Mr. Soros has also offered his support to the Roma groups in Europe and other discriminated people like sex workers, drug abusers as well as LGBTI people.His philanthropic actions are owed to the fact that he was also discriminated while he was growing up. He was born in 1930 in Hungary. His Jewish family lived through and survived the Nazi occupation between 1994 and 1995 where more than half a million Hungarian Jews perished. His family survived by forging false identity documents that lied about their background. After the war, George Soros moved to London where he worked as a railway porter during the day and a nightclub waiter during the night. He used the money he received from the jobs to finance his studies at the London School of Economics.

He then migrated to the United States and ventured into finance and investments. He founded his very own hedge fund in 1970 that made him one of the best investors in the United States history. He used his profits from the business to establish the Open Society Foundation which consists of foundation and projects in over 100 nations. In 1979 he gave scholarships to black South Africans during the apartheid regime. He encouraged the exchange of ideas for communists in Hungary by funding independent groups and their travel to the west. He then established the Central European University after the fall of the Berlin War and then expanded his philanthropic activities to other parts of the world including Latin America, Asia, and Africa after the end of the Cold War.

Apart from funding his own foundations, he has also donated money other independent organizations including the International Crisis Group, the Institute for New Economic Thinking and the Global Witness. Soros has also played important social and political roles in a few countries. He donated money to the Democratic Party and to causes like Black Lives Matter. He pushes for just societies and accountable governments through the Open Society Foundation. Mr. Soros helped the Warsaw Pact and former USSR areas after the Berlin Wall had fallen to advice the societies on the importance of democracy. His foundation in conjunction with politicians has also eliminated dictatorial regimes.