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Because it is a nonprofit, the Sixteen Thirty Fund is not required to disclose its donors, even though it spends significant amounts on politics. [2] Billionaires George Soros and Pierre Omidyar have disclosed multi-million donations to the group. The Sixteen Thirty Fund supports Democratic lawmakers and candidates and criticizes Republicans.
It was founded by George Soros in 1995, and opened in 1996 as a department of the Central European University. [2] Originally called simply Open Society Archives (OSA), in 2015 it was renamed Vera and Donald Blinken Open Society Archives after receiving a major donation from the couple. [ 3 ]
George Soros [a] (born György Schwartz; August 12, 1930) [1] [2] is an American [b] investor and philanthropist. [7] [8] As of October 2023, he had a net worth of US$6.7 billion, [9] [10] having donated more than $32 billion to the Open Society Foundations, [11] of which $15 billion has already been distributed, representing 64% of his original fortune.
George Soros, a hedge-fund billionaire who's backed progressive causes with millions in donations, is a Hungarian Jew who's frequently the subject of right-wing conspiracy theories.
18 ultra-wealthy Americans including Abigail Disney published an open letter asking presidential candidates to support a moderate wealth tax.
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Open Society Foundations (OSF), formerly the Open Society Institute, is a US-based grantmaking network founded by business magnate George Soros. [2] Open Society Foundations financially supports civil society groups around the world, with the stated aim of advancing justice, education, public health and independent media.