Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

George Soros’ $18 billion gift to Open Society Foundations could boost impact investments



The hedge-fund billionaire and a global advocate has transferred $18 billion in assets to his long-time philanthropy.

With the gift, to be distributed over several years, the foundation becomes the second largest U.S. philanthropy, behind the Bill & Melinda Gates Foundation. Open Society already spends close to $1 billion a year to promote democracy and human rights in more than 120 countries.

Worth watching: The Soros Economic Development Fund, which has made more than $130 million in program-related investments into commercial enterprises that advance the foundation’s economic inclusion goals.

Among its investments: the first fund of Leapfrog Investments, the frontier-market financial-services investor that has raised more than $1 billion across multiple funds; Aspada Investments, an Indian early-stage venture capital firm that focuses healthcare, education, agriculture and financial services; and Media Development Investment Fund, which invests in independent media in countries often hostile to a free press.

You might also like...