Open Society Foundations Shifts Focus to Combat Inequality

The Open Society Foundations (OSF), founded by billionaire investor George Soros, is undergoing a significant transformation in its approach to philanthropy, specifically in addressing inequality. Based in New York, OSF has long been a major supporter of human rights organizations worldwide. Recently, it has shifted its focus to combating inequality, reflecting a broader commitment to rethinking its initiatives amid changing global dynamics.

According to Leonard Benardo, senior vice president at OSF, this new direction stems from a recognition that inequality undermines democratic institutions. He stated, “It’s about paying attention to how inequality is a deep, deep corrosive instrument to democracy.” This evolution follows a period of internal restructuring and leadership transition, with Alex Soros, George’s son, assuming leadership in late 2022.

The foundations have emphasized their ongoing support for the human rights sector while introducing innovative funding strategies. They now offer long-term, unrestricted financial support through what they term “network grants.” A new initiative aims to protect human rights defenders, particularly those advocating against environmental degradation. Benardo noted the foundations view themselves as a “political philanthropy,” which means actively engaging in power dynamics.

Historically, OSF has faced criticism from powerful political figures and right-wing movements. Recently, former President Donald Trump targeted the organization, alleging it funded violence during protests in the United States. OSF responded to these accusations by labeling them as “outrageous and false,” asserting that their mission is to promote human rights, justice, and democracy globally.

Benardo pointed out the shifting tides of democracy, particularly in post-Soviet states, where progress seemingly reversed with the rise of authoritarian regimes. “It’s forced us to grapple with the limits of what we can achieve and the ways in which we go about it,” he said. OSF has also stated an increase in support for African nations and the Global South, although specific funding figures were not disclosed. In 2023, OSF reported granting $125.5 million through its Africa programs.

The foundations are currently assessing their future programming in Europe but have asserted they have not abandoned the continent. Emily Tamkin, author of “The Influence of Soros,” noted that OSF has previously shifted its focus away from Europe, particularly after Central European countries joined the European Union in 2004. She remarked, “It would be new in that they’re pulling away from Europe at a time when the values that they have sought to promote in Europe are on pretty clearly shaky ground.”

Despite the criticisms, many organizations receiving OSF funding appreciate its flexible support, which often exceeds that of other donors. Following staff reductions from 1,700 to 500, OSF has maintained its commitment to providing expertise and resources to its partners. The reorganization coincides with a broader context of reduced U.S. foreign aid funding, particularly under the Trump administration.

Brian Kagoro, managing director for OSF, stated the foundations are not looking to fill the gaps left by reduced funding but are focusing on building alternatives rooted in local and regional economies, especially in Africa. This approach includes new programs targeting critical minerals and peace-building initiatives over the next five years in Kenya, Nigeria, and Senegal.

Kagoro emphasized a departure from traditional electoral cycles, recognizing that youth-led movements are advocating for open, inclusive societies without necessarily engaging in political parties. “It was clear to us that the classical idea of democracy is not what people were fighting for,” he said.

In line with this reorientation, OSF has launched new calls for proposals in its African program areas, receiving interest from numerous organizations new to OSF. This reflects a growing desire for innovative solutions to pressing social issues, reinforcing OSF’s commitment to fostering diverse ideas and critical discourse in an increasingly polarized world.