Open Society Foundations (OSF)

Open Society Foundations (OSF)

Open Society Institute (logo).jpg
Founded April 1993; 24 years ago
Founder George Soros
Location
Key people
George Soros, Chairman
Christopher Stone, President
Jonathan Soros, Global Advisory Board Member
Endowment $19,590,570,302[1]
Website opensocietyfoundations.org

Open Society Foundations (OSF), formerly the Open Society Institute, is an international grantmaking network founded by business magnate George Soros.[2] Open Society Foundations financially support civil society groups around the world, with a stated aim of advancing justice, education, public health and independent media.[3][4]

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The OSF has branches in 37 countries,[5] encompassing a group of country and regional foundations, such as the Open Society Initiative for West Africa, and the Open Society Initiative for Southern Africa; its headquarters are in New York, New York.

Since its founding in 1993, OSF has reported expenditures of over $11 billion.[6] The group’s name is inspired by Karl Popper‘s 1945 book The Open Society and Its Enemies.[7]

History

On May 28, 1984, Soros signed a contract between the Soros Foundation (New York) and the Hungarian Academy of Sciences, the founding document of the Soros Foundation Budapest.[8] This was followed by several foundations in the region to help countries move away from communism.[9]

In 1991 the foundation merged with the Fondation pour une Entraide Intellectuelle Européenne, an affiliate of the Congress for Cultural Freedom, created in 1966 to imbue ‘non-conformist’ Eastern European scientists with anti-totalitarian and capitalist ideas.[10]

Open Society Institute was created in the United States in 1993 to support the Soros foundations in Central and Eastern Europe and the former Soviet Union.[5]

In August 2010, it started using the name of Open Society Foundations (OSF) to better reflect its role as a funder for civil society groups around the world.[11]

Soros believes there can be no absolute answers to political questions because the same principle of reflexivity applies as in financial markets.[12]

In 2012, Christopher Stone joined the OSF as the second president. He replaced Aryeh Neier, who served as president from 1993 to 2012.[13] Stone announced in September 2017 that he was stepping down as president.[14]

In 2016, the OSF was reportedly the target of a cyber security breach. Documents and information reportedly belonging to the OSF were published by a Web site. The cyber security breach has been described as sharing similarities with Russian-linked cyberattacks that targeted other institutions, such as the Democratic National Committee.[15]

In 2017, it was reported that Soros had transferred $18 billion to the Foundation.[16]

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On July 1, 2016, DCLeaks released the emails of four-star General Philip Breedlove, the former NATO supreme commander in Europe. The emails allegedly show that Breedlove sought to overcome President Barack Obama‘s reluctance to escalate military tensions with Russia over the war in Ukraine in 2014.[11][12]

On August 12, 2016, DCLeaks released roughly 300 emails from Republican targets, including the 2016 campaign staff of Arizona Senator John McCain, South Carolina Senator Lindsey Graham, and 2012 presidential candidate and former Minnesota Representative Michele Bachmann.[9] The release included 18 emails from the Illinois Republican Party.[13]

On August 12, 2016, DCLeaks released information about more than 200 Democratic lawmakers, including their personal cellphone numbers.[5]

On August 15, 2016, DCLeaks released 2,576 files predominately related to George SorosOpen Society Foundation. The leak included the Foundation’s internal work plans, strategies, priorities and other worldwide activities by Soros

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