George Soros Philanthropy Has Focused On Democracy and the Disadvantaged

When George Soros was a six-year-old child growing up Budapest, Hungry, his father Teodoro Schwartz changed his family’s name to Soros. It means “will soar” in the constructed European language of Esperanto. The elder Soros couldn’t have chosen a better name for his young son who would grow up and “soar” to spectacular financial success.

Today, George Soros is worth an estimated $25.2 billion making him one of the 30 wealthiest men in the world. He became a naturalized American citizen in 1961. He established his first hedge fund in 1969 which provided the money he needed to establish the Soros Fund Management. This group of funds was eventually rebranded as the Quantum Fund.

At age 86, George Soros is one of the most well-known men in America and globally, not merely for his wealth, but more so for his unrelenting investment in political causes and social issues. These causes tend to dovetail with the agenda of the Democratic Party in the United States. This has made him a frequent political target in some circles, especially those that tend to favor the Republican Party in the U.S. and other decidedly right-leaning forces around the world.

Soros himself, however, says he is only following his vision for creating the kind of world he would like to live in – a world where the people on the bottom of the economic ladder have just as much opportunity to get ahead as those already at the top. Soros has been an ardent supporter of anti-racial discrimination programs, and he has given powerful support to minorities and immigrant groups worldwide.

George Soros established the Open Society Foundations.

Soros has directed his philanthropic attention on an international scale, donating an estimated $13 billion over the past 30 years to nonprofits organization that defend human rights, shape democratic institutions in Eastern Europe and increase health care and education programs around the globe.

During the 2016 Presidential campaign in the U.S., Soros was a heavy backer of Hillary Clinton whom he has known for more than 25 years. But Soros’ political philanthropy in America went well beyond the top of the Democratic ticket. For example, he made significant donations to small, local contests in key locations around the country, including an effort to help candidates of minority status win seats in District Attorney Races.

Learn more: http://www.biography.com/people/george-soros-20926527

From supporting homeless shelters and food shelf programs, to funding campaigns that raise awareness about racial discrimination and bias, George Soros has been a relentless force coming to the aid of people who tend to be powerless in society, or need protection from noxious agents that prey upon the disadvantaged.

Learn more about his profile at Forbes.com.

Why Betsy Devos Is The Right Choice For Secretary Of Education

Personal life

Betsy DeVos was born in 1959 to Edgar Prince in Holland, Michigan. She is the present Secretary of Education in Donald Trump’s government. Apart from being a politician, Betsy is also philanthropist and a business lady. Her father, Edgar Prince, is a billionaire and owner of an automobile parts dealer based in their home town.

Betsy attended Holland Christian High School. She is an alumnus of Calvin College in Grand Rapids, Michigan from where she graduated with a Bachelor’s degree in Business Administration and Political Science. Her interest in politics started while in college.

DeVos is a devout Christian and is a member of the Christian Reformed church in North America. She is also a fellow and elder in Mars Hill Bible Church in Grand Rapids. She has also regularly given donations to her former school, Holland Christian High.

Related article: http://www.mlive.com/news/grand-rapids/index.ssf/2017/01/dick_and_betsy_devos_lift_the.html

Politics

Betsy is a longtime member of the Republican Party. She is popular for her activism in the education sector, which I think led to President Trump entrusting her with the education docket. From 1992 through 1997, she served as a Republican Committeewoman for Michigan. Additionally, she chaired the Michigan branch of the Republican Party between 1996 and 2000, reclaiming the post in 2003 via re-election.

The DeVos’ have for long used their financial muscle to support Republican candidates in past elections. They were on the forefront in Bush’s reelection campaign in 2004, and also donated significant amounts of money towards the campaign. Betsy served as Finance Chairman for the National Republican Senatorial committee under Bush’s presidency.

Advocacy in Education

I cannot go without acknowledging the efforts that Betsy DeVos and her family have put in the education sector in this country. In 2000, they sponsored an initiative that would have amended Michigan’s constitution to allow the public to fund private and religious education centers. The proposal was, however, defeated with over 60% voting against.

The family did not give up on their efforts to improve the education sector even after their petition was shot down. They founded the Great Lakes Education Project, an education reforms activists that endorses pro-reform legislation and conducts awareness campaigns to advocate for reforms.

While I have just mentioned a few of the initiatives Betsy has taken to support education, I think that her nomination to the cabinet will put her even in a stronger position to push for the reforms that our education sectors needs so urgently.

Philanthropy

Betsy and her husband started a charity foundation which they serve as chairs. The foundation is renowned for supporting school choice in their home state. The charity also donates money to Education Freedom Fund, an organization that avails scholarships to children from less fortunate backgrounds.

Follow Betsy on Twitter.