Monday, July 13, 2020

George Soros donates $220 million to fight against racial injustice

George Soros’s foundation, Open Society announced Monday that it is investing $220 million into the push for racial justice. 

The largest portion, $150 million, will be given in five-year grants to various civil rights and racial equality groups like Black Voters Matter and the Equal Justice Initiative, according to the foundation

The remaining $70 million will be divvied up among local initiatives that support the progression toward racial equality. Some of the money will be used to fund young people participating in internships and civic engagement, as well as "efforts to fight voter suppression and disinformation," according to the announcement. 

"It is inspiring and powerful to experience this transformational moment in the racial justice movement," said Open Society Foundations President Patrick Gaspard 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."

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