5/9/06

Soros pumps millions into global change

Billionaire financier George Soros, of the Open Society Institute, will address the 57th annual Council on Foundations conference. The council is a trade association for more than 2,000 philanthropic programs worldwide.

According to an event program, Soros is scheduled to speak on "the innovative ways that the Open Society Institute is changing lives across the globe." Soros "will share how creative grantmaking and partnerships can effect change that is far-reaching and sustaining," the program states.

According to its Internet site, the Open Society Institute aims to shape public policy to promote democratic governance, human rights and economic, legal and social reform. It oversees a network of nearly 30 national foundations, most in Eastern Europe.

The institute was founded in 1994 by Soros, 75, the controversial liberal activist who two years ago donated $24 million to various political groups in a failed attempt to derail President Bush's re-election.

[Excerpt of article by Eric Heyl, The Pittsburgh Tribune-Review]

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