George Soros

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George Soros (1930-) is an extremely wealthy investor, Chairman of Soros Fund Management, LLC, who makes large sums available both for philanthropy and charity, as well as American progressive politics. He disburses through both a personal foundation and the Open Society Institute, which he chairs.

He is often characterized as the driving force of many American organizations on the left, although he has denied some contributions. FrontPage Magazine, the publication of the David Horowitz Freedom Center, claims that J Street, a liberal pro-Israel group, was founded and funded by Soros, but,[1] the organization denies his involvement, says he is welcome to contribute, and its financial disclosure statement reveals no contributions from him. [2]

Media relations

While he was accused of funding in MediaMatters, he denied he had done so until October 2010, and his name had not appeared in any the organization's financial disclosures.
Despite repeated assertions to the contrary by various Fox News commentators, I have not to date been a funder of Media Matters. However, in view of recent evidence suggesting that the incendiary rhetoric of Fox News hosts may incite violence, I have now decided to support the organization. Media Matters is one of the few groups that attempts to hold Fox News accountable for the false and misleading information they so often broadcast. I am supporting Media Matters in an effort to more widely publicize the challenge Fox News poses to civil and informed discourse in our democracy.[3]

To set up an initiative called Impact of Government, he gave $1.8 million dollars to National Public Radio, to hire 100 reporters at 50 of their stations. The project is intended to bring greater transparency and accountability to the workings of state capitals across the country." with a mission of building tolerant democracies whose governments are accountable to their citizens," calls it a response to the decline in news coverage of state legislatures. Vivian Schiller, NPR president and CEO, praised the gift. She was one of the two executives who authorized the firing of NPR commentator Juan Williams for remarks during a paid appearance on Fox News. [4]

Soros, as mentioned in the MediaMatters coverage, dislikes Fox News. It is not known if the Impact of Government grant had any effect on Williams' status, but conservative news watcher L. Brent Bozell III, of the Media Research Center, claims it does, telling Fox, "His investment has paid off well. This is Orwellian stuff."[4]

Advocacy organizations

He, the Open Society Institute, and his son Jonathan Soros gave nearly $6.2 million to MoveOn.org over a period of six months, beginning in September 2003.[5]


When FrontPage Magazine, the publication of the David Horowitz Freedom Center, claimed that J Street was founded and funded by Soros,[1] the organization denied his involvement, says he is welcome to contribute, and its financial disclosure statement revealed no contributions from him. [2] The Washington Times, however, reported, in September 2010, that it had obtained tax reports for Soros and two of his children, showing "$245,000 to J Street from one Manhattan address in New York during the fiscal year from July 1, 2008 to June 30, 2009. The contributions represent a third of the group's revenue from U.S. sources during the period. Nearly half of J Street's revenue during the timeframe — a total of $811,697 — however, came from a single donor in Happy Valley, Hong Kong, named Consolacion Esdicul."[6]

References