George Soros’ Open Society Foundation has announced that they will be distributing $220 million dollars to Black protest groups such as Black Voters Matter, Circle for Justice Innovations, Repairers of the Breach and the Equal Justice Initiative. It is not unusual for Soros to give money to groups like BLM. In 2016 he gave them $650,000 and during the last riots in Ferguson, Soros allegedly gave them $33 million to keep the riots alive.
The bulk of the money, $150 million will be paid out in five year grants to organizations such as BLM and the balance of $70 million will go to much more immediate programs. (riots?) This could be interesting since there is a lot of scrutiny of BLM and where they have spent the bulk of the money they have taken in, including travel and consulting fees.
MSN reported:
Open Society Foundation, the philanthropic organization founded by billionaire George Soros, is investing $220 million in emerging organizations and leaders building power in Black communities across the U.S.
The largest share for the investment, $150 million, will be through a set of five-year grants to Black-led organizations focused on racial equality, the organization announced Monday.
“It is inspiring and powerful to experience this transformational moment in the racial justice movement,” Open Society Foundations’ President Patrick Gaspard said in a statement. “We are honored to be able to carry on the vital work of fighting for rights, dignity, and equity for oppressed people the world over started by our founder and chair, George Soros.”
Some of the organizations receiving the grants are fighting for expanding voting rights, while others are fighting for police reform. Recipients of this set of investments include Black Voters Matter, Circle for Justice Innovations, Repairers of the Breach and the Equal Justice Initiative, according to Open Society Foundations.
In addition to the five-year grants, Open Society Foundations said it is also making a series of investments totaling $70 million in “more immediate efforts to advance racial justice.”