Category Archives: Philanthropy

George Soros and his philanthropic activities

Besides being a very successful person in business and finance, Soros is known for his philanthropic gestures on politifact.com. His first proverbial test of the philanthropy was in 1979, but it was just a small one. After his first test of being a philanthropist, he took it seriously five years later when he launched the Open Society Foundations in his country of birth. The name Open Society Foundation (OSF) was influenced by the concepts that Karl Popper advanced as a philosopher. Karl Popper is a philosopher that he was introduced to when he was studying for his graduate studies at the London School of Economics.

The reason for George Soros venturing into philanthropy was mainly because of the concept that Karl Popper advanced. The concept was to find a way which citizens could hold their governments accountable. His ideas advocated for having vibrant and tolerant democracies. A close look at his organization, the Open Society Foundation, it is very evident that he supports these concepts that Karl Popper advanced. The Open Society Foundation on http://www.theatlantic.com/magazine/archive/1997/02/the-capitalist-threat/376773/ is involved and supports several organizations around the world that are directly or indirectly involved with matters that are related to politics.

Despite him starting being seriously involved with philanthropy in 1984, it is not until 1987 that he began giving out large sums of money. In 1987 alone, he spent about $3 million on philanthropic activities and kept increasing the amount each year. George Soros On politico is quoted saying that in 1992, he spent over $300 million on his Open Society Foundation. Between 1987 and 1992, his established a series of foundations mainly in Eastern Europe and Central Asia. Today, his presence as a philanthropist is felt in more than 100 countries. His philanthropic activities and extraordinary wealth have made him get a massive attention from many powerful political leaders.

The Soros Fund Management had become successful by 1993, and George Soros decided to establish the Soros Foundation network which was based in New York. He named the organization Open Society Institute. The Open Society Institute has a presence in several countries around the world. However, it is primarily focused on putting more money into American based organizations. In one of his books, “Open Society: Reforming Global Capitalism,” Soros has explained what open society means on bloomberg.com. Using his words, he says Open Society is one in which there is freedom, democracy, a rule of law, social justice, human rights, and social responsibility. These are the reasons he gives for his philanthropic advances.

Soros appointed Aryeh Neier to serve as president of Open Society Institute. He was entrusted with the task of championing the agendas of OSI. The reason for appointing Aryeh Neier was because of his involvement with Students for Democrats in the early 1960s. The SDS shared the same ideologies with Open Society Institution and had aspired to overthrow America’s democratic institutions and reconfigure the government. He also worked for America Civil Liberties Union (ACLU) for fifteen years and 12 years he was the director of Human Rights Watch.

Sources
http://www.georgesoros.com/
http://www.discoverthenetworks.org/individualProfile.asp?indid=977
http://www.thefamouspeople.com/profiles/george-soros-1510.php

Unfolding the DeVos Philanthropy

DeVos is amongst the richest of all the clans in Michigan, its huge accounts matched only by its giant-sized charity. Richard heads the family and is probably the one who carved a path of philanthropy for himself and his children. Giving away about 50 million US dollars for the establishment of a hospital for children is just one of the many examples that Mr. and Mrs. DeVos have set together. 

The couple is also famous for their generous funding of the schools, especially those which sport a religious edge. A charity organization, which they named after themselves, is operated privately by the couple and has made quite a name for itself by funding institutions like Potter’s House and the academy of Aviation in the region, one of the very few institutions that refuse to charge tuition from their students.

Dick DeVos, the proud son of the proud father, also holds great interest in charity works, operating a similar charity organization with his wife. Currently holding the seat of President at the company of Amway, Dick DeVos began his career at the very same company, holding a degree from Northwood and attempting, although without success, to live up to Harvard. The hitch, however, seemed not to have affected him, for Dick still managed to conduct business successfully, escalating him to his present astounding worth of about 5 billion US dollars. Click here for a complete biography of Dick DeVos. 
One of the greatest things that I find about the family of DeVos is that every single person has had separate influential contributions. Betsy (wife of Dick DeVos), for instance, has her own history of political influence in the circle of Republicans. Dick DeVos, probably influenced by his wife’s ambitions and for the love of Michigan that matches none, stood up in the Michigan elections, hoping to win the post of governor. He, however, did not succeed in this regard. 

Glad to see the Grand Rapids area make another “best of” list! Thank you all for your role in making our city great.

Posted by Dick DeVos on Friday, March 11, 2016

Another very different and yet highly respectable aspect of DeVos is that no member of the family announces his or her works to the world. The charity goes mild on the media and the family does not make an effort to advertise the good things they do. This only speaks out for the honesty of the clan and that the ideology behind all they do is simply love. 
Click on the following link to learn more about Dick DeVos’ charitable giving: http://www.dbdvfoundation.org