From Open Society Foundations <[email protected]>
Subject Our New Investment in Racial Justice
Date July 13, 2020 8:38 PM
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Why Open Society is pledging $220 million to building Black power

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© Demetrius Freeman/NYTimes/Redux
I’ve attended countless protests against police violence throughout my life. But never before have I seen anything like the surge of citizen activism that has swept across the United States in the wake of the murder of George Floyd, Breonna Taylor, Ahmaud Arbery and so many other victims of police brutality and racial violence.

Witnessing people from all walks of life—of all ages, religions, colors, and creeds—marching together for Black lives and racial justice has been profoundly moving, and I’ve never been more hopeful about our collective ability to push this deeply imperfect union closer to its ideals.

I joined the Open Society Foundations because of George Soros’s deep commitment to racial justice ([link removed]) . I am humbled now as president of the Open Society Foundations to help implement his vision and continue his work. Today, we are investing $220 million ([link removed]) in response to the burst of energy we have witnessed from this extraordinary movement, in hopes of nurturing it and ensuring that it endures long after the media spotlight has moved on.

Further, because we know this work is a marathon and not a sprint, Open Society is providing five-year grants to each of these organizations, so they can think big and plan for the long-term.

Patrick Gaspard
President, Open Society Foundations
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