On July 13, 2020, OSF, in support of the Black Lives Matter movement and its allies, pledged to donate $220 million into initiatives designed to help “build power in Black communities, promote bold new anti-racist policies in U.S. cities, and help first-time activists stay engaged.” The pledge earmarked $150 million in five-year grants for black-led “racial justice” organizations, and $70 million for a range of initiatives such as helping city governments reform policing and criminal justice by implementing a new approach to public safety that includes “moving beyond the culture of criminalization and incarceration.” “This is the time for urgent and bold action to address racial injustice in America,” said OSF deputy chair Alex Soros, George Soros’s son. “These investments will empower proven leaders in the Black community to reimagine policing, end mass incarceration, and eliminate the barriers to opportunity that have been the source of inequity for too long.” Tom Perriello, executive director of Open Society-U.S., said: “The success of this movement, the largest in U.S. history, will be measured over years, not weeks, and we cannot say that Black lives matter and not make a multi-year commitment to a strategy set by and centering Black leaders and organizations who changed America’s sense of what is possible.”