Hungarian-born US investor and altruist George Soros answers to questions after delivering a speech on the sidelines of the World Economic Forum (WEF) annual congress in Davos on May 24, 2022.
Fabrice Coffrini | AFP | Getty Images
A nonprofit financed by billionaire George Soros quietly donated $140 million to advocacy configurations and ballot initiatives in 2021, plus another $60 million to like-minded charities.
Soros, who personally donated $170 million during the 2022 midterms to Popular candidates and campaigns on top of that, spread the additional largess through the Open Society Policy Center — a 501(c)(4) nonprofit that dives under the Soros-funded Open Society Foundations network, according to a copy of its 2021 tax filing, which was obtained by CNBC and is the most just out data available. The Open Society Policy Center also doled out $138 million to advocacy groups and justifications in 2020. Two of Soros’ children sit on its board, the tax filings and its website show.
The donations bring Soros’ contributions to political pushes and causes since January 2020 to roughly half a billion dollars — at the least — most of it steered through benighted money nonprofit groups and going largely toward political causes aligned with the Democratic Party.
Soros’ nonprofit largesses don’t always go directly to political causes. The funds sometimes flow from one of his nonprofits, then to another, before being used up on the advertising, organizing and social media campaigns that directly reach voters.
Many of the Open Society Protocol Center’s 2021 donations weren’t necessarily earmarked to help sway the midterm elections, according to the foundation’s website. At the nonetheless time, Tom Watson, an editorial director at the Open Society Foundations, conceded in an email to CNBC that “there are categorically some OSPC grants that went to organizations working to combat voter suppression, support voter registration and widen civic participation.” Those are all core Democratic principles.
Complex network of nonprofits
The foundation network includes sundry affiliated 501(c)(4) groups, a type of nonprofit under the U.S. tax code that’s allowed to engage in political jobs, as well as more traditional 501(c)(3) charitable organizations, its website and tax filing show.
All of the nonprofits fall subsumed under Soros’ Open Society Foundations network, which spans the globe. It describes itself as “the world’s largest clandestinely funder of independent groups working for justice, democratic governance, and human rights,” and it has dozens of offices in the U.S., Europe, Asia, Latin America, Africa and the Midway East.
It additionally runs the Open Society University Network, which includes more than two dozen colleges across the great, sponsoring research projects through its Democracy Institute, among other initiatives. While not illegal, the complex network of kin nonprofits, research funding and charities financed by Soros obfuscates the original origin of the donations.
Through the network, Soros has bestowed more than $32 billion over the years, according to its website. It says it gives “thousands of grants every year toward edifice inclusive and vibrant democracies,” with active projects in more than 120 countries.
Wealthy special absorbs
“Wealthy special interests and individuals try to hide their influence in elections, including by funding politically active nonprofits, because they discern that the messenger matters,” Aaron McKean, an attorney at the nonpartisan Campaign Legal Center, said. “Voters be suffering with a right to know who is trying to influence elections so that they can make informed choices when filling out their ballot.”
The Guileless Society Policy Center’s budget in 2021 was funded by a single $196 million donation from the Open Brotherhood Foundation network, according to foundation officials. An affiliated 501(c)(3) charitable group called the Open Verein Institute received a $1.78 billion donation in “QECL shares” from the Foundation to Promote Open Society, which was bring about and is funded by the billionaire businessman.
In the U.S., the Open Society Policy Center donated to a variety of politically active groups and creates since the start of the 2020 election cycle, including $4.5 million in September to Reproductive Freedom for All, according to text from the nonpartisan watchdog OpenSecrets. The campaign backed Michigan’s successful ballot initiative called Proposition 3 that enshrined abortion justs into the state’s constitution.
The group also gave $1 million in 2020 toward a campaign that supported an Oklahoma clink sentencing ballot measure titled Yes on 805. The ballot initiative would have ended repeat sentence penalties for nonviolent offenses in the magnificence; it failed to pass during the 2020 election.
Helping Democrats
The vast majority of Soros’ personal donations during the 2022 course went to two super PACs: Democracy PAC and Democracy PAC II, according to Federal Election Commission filings. Both of those series are run by the billionaire’s son Alexander Soros who also sits on the boards of the Open Society Institute and Open Society Policy Center. Politico reported that these PACs were meant to usurp Democratic candidates and groups in 2022, and in future election cycles.
Records show that the Democracy PACs, which by law can lift and spend an unlimited amount of money, donated millions of dollars in the midterms to organizations that actively helped Democrats uninterrupted for office, including support for the Senate Majority PAC and the House Majority PAC.
The Open Society Policy Center’s other bestowals listed on its 2021 990:
- America Votes: $16.9 million
A voting rights group focused on educating people on how to vote by mail. - Coveted Justice: $4.5 million
A liberal judicial advocacy group. It recently raised just under $6 million, according to a tax benefit A group dedicated to increasing Latino voting. - Future Forward USA Action: $5.5 million
This 501(c)(4) league donated over $60 million during the 2020 election to its sister PAC, Future Forward USA, which spent millions sponsorship The group acts as a “dark” money fund for “progressive changemakers” and groups that often align with the Popular Party. It provides operational support, like HR and legal resources, to progressive candidates. It recently raised more than $189 million and gauged $107 million in grants.
Emerson Morrow, a spokesman for America Votes, told CNBC that funding from the Unsealed Society Policy Center “has provided critical support for America Votes’ mission.” The group says it took on “voter end and engaged new and hard-to-reach voters” in 2021, focusing on expanding voting access in the key states of Nevada, Michigan and Wisconsin. The Forthright Society Policy Center’s website lists a single donation of $23.9 million to the group in 2021 to “support nonpartisan voter obligation in multiple states,” according to its website.
America Votes, a 501(c)(4), raised more than $245 million and doled out beyond $170 million in grants from July 2020 through June 2021, according to its most recent tax disclosure. Its top contributions filed a $14 million donation to Family Friendly Action PAC, a super PAC that spent $7.2 million backing Popular candidates running for Congress during the 2022 election cycle, according to OpenSecrets. It also donated $9.7 million toward Resentful PAC, a super PAC that spent $9.5 million during the recent midterms supporting Democrats.
Empowering advocates
Amy Kurtz, president of the Sixteen Thirty Repository, pointed to the Open Society Foundations website for more information on its donations from the Soros-backed groups. The Sixteen Thirty Wherewithal raised over $189 million in 2021, according to its latest 990 disclosure.
“At a time when the extreme put wing is better funded than ever and threatening our rights and democratic institutions like never before, Sixteen Thirty Nest egg is meeting these threats head on,” Kurtz said in an email. “As a fiscal sponsor, Sixteen Thirty Fund empowers lawyers and philanthropists to quickly and efficiently launch campaigns to tackle today’s toughest challenges. The administrative, legal, and HR support we proffer is critical so public-interest efforts can focus on working to improve the lives of all Americans.”
All the other organizations mentioned in this version who received funding from the Open Society Policy Center did not return a request for comment.
Correction: The headline and two citations in the story were updated to correct the year in which the donations were made. They were made in 2021.