![]() The changes at the Open Society Foundations are a painful but necessary adjustment, its leaders say, because that march has halted. Soros watched the world march in fits and starts toward the vision of open, pluralistic democracy that he has embraced since he was a young Hungarian Holocaust survivor studying philosophy. Soros himself was a refugee from communism.įor years, Mr. Others supporting refugees were similarly surprised given the worldwide needs of the refugee population and the fact that Mr. Grant recipients in public health said they were stunned to be told during a global pandemic that they would be losing funding. The foundation set aside an enormous $400 million for what amounted to severance payments to organizations around the world, and more than 150 foundation employees took buyouts as part of the restructuring. Many of the nonprofit groups that relied on support from Open Society were getting what were called “tie-off grants,” a final year or so of funding to ease the blow of getting cut off. What that actually meant in practice only became clear amid a flurry of phone calls between concerned nonprofit leaders and foundation staff in the days that followed. So, the email said, “the nature of many partnerships will shift.” The left-leaning foundation - started by the billionaire investor George Soros and today the second-largest private charitable foundation in the United States - was beginning a transformation, as officials there refer to their restructuring plan. ![]() The mass email that went out to Open Society Foundations’ grant recipients in the United States in March began with an upbeat note about “how resistance is translating into real progress.” ![]()
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