Ron Arnold's Left Tracking Library

 

Open Society Institute
and Soros Foundations Network

OPEN SOCIETY INSTITUTE & Soros Foundations Network
501(c)(3) Private Operating Foundation
400 W 59TH St 
New York,  NY  10019

Telephone: (212) 548-0600 
Fax:
1-212-548-4605  

Website: http://www.soros.org/
2007 Assets:
$1,484,154,992
2007 Income:
$299,605,694
EIN:
13-7029285
Founded 1993

Exempt since
November 1994

The Open Society Institute is mapped on Muckety.

Self-Description:
The Open Society Institute works to build vibrant and tolerant democracies whose governments are accountable to their citizens. To achieve its mission, OSI seeks to shape public policies that assure greater fairness in political, legal, and economic systems and safeguard fundamental rights. On a local level, OSI implements a range of initiatives to advance justice, education, public health, and independent media. At the same time, OSI builds alliances across borders and continents on issues such as corruption and freedom of information. OSI places a high priority on protecting and improving the lives of people in marginalized communities.

Actual: A global network of dozens of Soros entities that have paid millions to overthrow governments in the Soviet Union, Serbia, Georgia, and the United States. The American agenda of Soros foundations has little system and is more a hodge-podge of Soros' personal interests, which tend to be leftist provocations more than steady programs. His personal attitudes about America are very negative and he regards capitalism to be the major threat to the world, as he once regarded communism to be. Soros makes no secret of his beliefs: he has written several books including "The Bubble of American Supremacy" and "Reforming Global Capitalism." The man who made it big because of America and capitalism now hates both and seeks to destroy them.
Soros foundations consist of national foundations in 29 countries, foundations in Kosovo and Montenegro, and two regional foundations, the Open Society Initiative for Southern Africa (OSISA) and the Open Society Initiative for West Africa (OSIWA). OSISA and OSIWA, make grants in a total of 27 African countries. In 2003, Soros said that removing President George W. Bush from office was one of his main priorities. During the 2004 campaign, he donated $23 million to various groups dedicated to defeating the president.

Origin of the Wealth: George Soros is the founder of one of the first offshore hedge funds, the Quantum Fund, through which he accumulated vast wealth. Extreme leverage is a George Soros character trait. Most readers of the financial pages know about the spectacularly leveraged coup that earned him a billion dollars overnight in a giant gamble in 1992: He bet $10 billion—most of it borrowed money—that by selling enough sterling short he could force the Bank of England to devalue the British pound and make a killing.

Soros, with a keen grasp of money and politics, had calculated that bankers in the European Exchange Rate Mechanism (EERM), pegged to the German mark, would refuse to uphold the overvalued pound because at the time Germany had its own problems paying for reunification. They did refuse, so Britain pulled out of the EERM and tried to prop up its sinking currency by itself. Prime Minister John Major and Chancellor of the Exchequer Norman Lamont spent billions of the government’s foreign reserves buying back pounds, trying desperately to shore up the value of sterling in the face of the daunting speculative tsunami that Soros started.

They ran out of foreign reserves. The pound crashed. On a day known thereafter as Black Wednesday, September 16, 1992, British subjects woke up to find their money worth about 20 percent less than the day before when compared to American dollars, German marks or even French francs. Soros’ daring short position paid off—big.
Had he lost that bet, nobody would know his name today.

Almost nobody outside the financial markets knew his name then, or how he got the clout to pull it off, but the investment world knew it very well. In 1967, George Soros had been an arbitrage trader at a small New York City investment bank—just another drone—when he talked his employers into letting him start an offshore fund called First Eagle, long positions only, with $250,000 of his own money and $6 million of other peoples’. It went well, and two years later he launched Double Eagle, a hedge fund that would later become the Quantum Fund. He was 39.

His hedge fund was registered in Curaçao in the Netherlands Antilles, a Caribbean tax haven beyond U.S. regulation. All of its investors were also beyond U.S. regulation: very rich non-U.S. citizens, mostly European. Soros, who stayed in New York, was only its "investment advisor" collecting a management fee and a 15% incentive fee.
Like most hedge funds, Quantum specialized in high risk, short term speculation on stocks, bonds, commodities, currencies, stock options and derivatives, taking long and short positions and large leveraged positions. Soros took huge risks, spending mostly borrowed money and selling stocks the fund did not yet own. His success was astonishing: throughout the dismal bear markets of the 1970s, when most investors lost money, Quantum was profitable every year, sometimes paying double-digit returns.
In 1981, Institutional Investor magazine put him on the cover as "the world’s greatest money manager."

The name of his fund came from quantum physics, especially the indeterminacy principle of Werner Heisenberg. Soros liked "Quantum" as a symbol of the impossibility of accurately determining the future movement of markets as well as subatomic particles. He had developed his own theory that individual biases (e.g., the trend-following habits of speculators) introduce disequilibrium into an economy, so conventional "efficient market" theory doesn’t work. Soros extends his theory to just about everything, giving it the clunky name "reflexivity."

In finance, he uses it to explain "boom-bust cycles." He goes further, arguing that when any social enterprise begins to rise, whether a market, a business, a movement, or a nation, the biases of individuals (investors, executives, movement leaders, or statesmen) create instability. They build a bandwagon effect, overvaluing or overreaching, which creates an artificial "bubble" that eventually bursts.
Soros has attributed his hedge fund success—including the Bank of England episode—to his reflexivity theory. Others call it luck.

But there were thorns in the hedge: critics called him a "bandit" for his Southeast Asian currency raids. Others accused him of calculated hit-and-run tactics: quietly buying into a market—gold, for example, as he did in 1993—deliberately leaking his "secret," watching the bandwagon stampede drive the price up, then bailing out before the bubble bursts.

Quantum had only one losing year in its first two decades and George Soros got very rich. Even though he failed to predict the stock market crash of ’87 and took a $300 million hit, Quantum was actually up 14 percent for the calendar year—and his personal compensation of $75 million made him the second-highest-paid man on Wall Street.
1993, it earned him $1.1 billion. George Soros was the top earner on Wall Street, making more than the gross national product of 42 nations. He was no longer just a drone on the cusp of fame.

The money brought access and influence through his charities. From then on, he mixed with chiefs of state as if he were one of them. He even leveraged heads of state: in that same year he told a packed press conference in Romania that he had snubbed an invitation from the country’s president, Ion Iliescu, "for lack of time." He raced to the airport where his rented jet took him to the next country. He dined with the heads of Moldova and Bulgaria in a single day and told his travel companion, journalist Michael Lewis: "You see, I have one president for breakfast and another for dinner."

With tongue only slightly in cheek, he told Lewis of the influence his philanthropy had bought him in the former Soviet Union, "The Soviet Empire is now known as the Soros Empire." Yet this same man was known to have his chauffeur wait at the curb in Washington while he dashed in to the National Gallery of Art to admire a Vermeer, then get to the next appointment right on time.

- from Freezing in the Dark: Money, Power, Politics and
The Vast Left Wing Conspiracy
by Ron Arnold

George Soros's relationships are mapped on Muckety.

Soros playing God with public policy:
Criminal Justice: Soros personally believes
that the American criminal justice system is racist, and that prison is an inappropriate punishment for most lawbreakers. For example: (a) OSI has established a “U.S. Justice Fund” to “diminish the role of prisons ... and to pave the way for the creation of a larger system of public health and social supports.” (b) In a related measure, the Institute created an “After Prison Initiative” focusing on “supporting the successful reentry of prisoners to their communities.” (c) OSI helps finance the Sentencing Project, which claims that prison sentencing patterns are racially discriminatory, and advocates in favor of granting voting rights to convicted felons. (d) OSI funds the Southern Center for Human Rights, which recruits lawyers to represent death row inmates and aims to reduce America’s alleged over-reliance on incarceration. (e) The Institute supports Critical Resistance, a program that impugns the “Prison Industrial Complex” for fostering the delusion that “caging and controlling people makes us safe.”

 

Open Society Institute
Officers, Trustees, Foundation Managers 2006

Name

Title

Compensation

GEORGE SOROS

Trustee Chair

$0

RICARDO CASTRO

General Counsel Secretary

$200,358

GEOFFREY CANADA

Trustee

$0

LEON BOTSTEIN

Trustee

$0

STEWART PAPERIN

Treasurer Executive Vice President

$230,000

JONATHAN SOROS

Trustee

$0

STEPHEN D GUTMANN

Assistant Treasurer Secretary

$154,485

JOAN B DUNLOP

Trustee

$12,103

DAVID J ROTHMAN

Trustee

$800

JOHN G SIMON

Trustee

$0

PHILIP LAMARCHE

Vice President /Director US Programs

$225,000

HERBERT STURZ

Trustee

$187,047

MADA ARBOLINO

Chief Financial Officer

$195,844

ARYEH NEIER

President CEO Trustee

$375,019

LANI GUINIER

Trustee

$0

THOMAS M SCANLON JR

Trustee

$0

Five Highest Paid Employees 2006

Name

Title

Compensation

YALAN TENG

Chief Information Officer

$193,559

JAMES GOLDSTON

Director-Open Society Justice Initiative

$187,220

STEPHANIE BEHRENS

Director of HR

$185,000

ROBERT KUSHEN

Director International Operations

$180,000

STEPHEN RICKARD

Director - OSI DC

$179,921

Open Society Institute Sample Grants

Grant Total: 

Number of Grants: 

 


Recipient Name
 

Amount

Year

Grant Description

DUCKS UNLIMITED
Memphis
Tennessee

$4,500

2006

 

INTERNATIONAL RESCUE COMMITTEE
New York
New York

$9,630

2006

To purchase computer equipment for the group of refuges from Andijan Uzbekistan

INTERNATIONAL RESCUE COMMITTEE
New York
New York

$25,000

2006

To provide general support

NEW SCHOOL UNIVERSITY
New York
New York

$35,000

2006

To host a two day public conference on crime and punishment in the United States

YALE UNIVERSITY
New Haven
Connecticut

$21,051

2006

 

NEW YORK UNIVERSITY
New York
New York

$6,450

2006

 

NEW YORK UNIVERSITY
New York
New York

$450,130

2006

To support the symposium entitled Hannah arendt right new

JOHNS HOPKINS UNIVERSITY
Baltimore
Maryland

$25,000

2006

To institute summer learning program for all Baltimore city Public School system student

BELL FOUNDATION
Dorchester
Massachusetts

$75,000

2006

To support the launch of its summer program for students in Baltimore city Public schools

UNITED WAY OF NEW YORK CITY
New York
New York

$20,000

2006

To support the symposium nexus between concern trated poverty ty incarceration re-entry and employment

FEDERATION OF AMERICAN SCIENTISTS
Washington
Dist Of Columbia

$25,000

2006

To support the project on government secretary

HUMAN RIGHTS WATCH
New York
New York

$9,000

2006

 

HUMAN RIGHTS WATCH
New York
New York

$50,000

2006

To support the US Programs criminal justice work

HUMAN RIGHTS WATCH
New York
New York

$100,000

2006

To support work on the human rights implication of domestic anti terrorism measures

GOVERNMENT ACCOUNTABILITY PROJECT
Washington
Dist Of Columbia

$100,000

2006

To support the science and engineering whistleblower campaign

NEW ISRAEL FUND
Washington
Dist Of Columbia

$9,000

2006

 

NEW ISRAEL FUND
Washington
Dist Of Columbia

$9,000

2006

 

EDUCATION DEVELOPMENT CENTER
Newton
Massachusetts

$200,000

2006

To Launch a youth media learning network

SUNDANCE INSTITUTE
Beverly Hills
California

$75,000

2006

To support the re design and expansion of the Sundance documentary about the W Wrongful conviction and exoneration of Darry hunt

PROTEUS FUND
Amherst
Massachusetts

$200,000

2006

To support a donor collaborative for Collaborative grantmaking in the Media policy arena

PROTEUS FUND
Amherst
Massachusetts

$250,000

2006

To provide funding for the civil marriage collaborative fund

UNION OF CONCERNED SCIENTISTS
Cambridge
Massachusetts

$200,000

2006

To provide project support for the scientific integrity program

MASSACHUSETTS INSTITUTE OF TECHNOLOGY
Cambridge
Massachusetts

$46,021

2006

To support a project entitled pubic education on the human costs of the war in Iraq

PHYSICIANS FOR HUMAN RIGHTS
Boston
Massachusetts

$50,000

2006

To support medical evaluations for individuals who have been detained by the United States

ALLIANCE FOR GLOBAL JUSTICE FOR CHIAPAS MEDIA PROJECT
Washington
Dist Of Columbia

$50,000

2006

To support the United students against sweat ships leadership development program

HEIFER PROJECT INTERNATIONAL
Little Rock
Arkansas

$7,019

2006

 

NATIONAL PARTNERSHIP FOR WOMEN AND FAMILIES
Washington
Dist Of Columbia

$225,000

2006

To provide general support

AMERICAN INSTITUTE FOR SOCIAL JUSTICE
Washington
Dist Of Columbia

$250,000

2006

General support

UNITED STATES STUDENT ASSOCIATION
Washington
Dist Of Columbia

$59,000

2006

General support

UNITED STATES STUDENT ASSOCIATION
Washington
Dist Of Columbia

$300,000

2006

To support training materials & networking opportunities for state-wide student association

MS FOUNDATION FOR WOMEN
New York
New York

$6,825

2006

 

URBAN JUSTICE CENTER
New York
New York

$46,000

2006

To line the debate on sex work & trafficking to a struggle for sexual and economic rights

EARTH ISLAND INSTITUTE
San Francisco
California

$300,000

2006

To support the campus climate challenge

CENTER ON BUDGET AND POLICY PRIORITIES
Washington
Dist Of Columbia

$750,000

2006

General support

PLANNED PARENTHOOD FEDERATION OF AMERICA
New York
New York

$200,000

2006

To support an organization campaign around the federal judiciary

AMERICAN SYMPHONY ORCHESTRA LEAGUE
New York
New York

$15,000

2006

 

HOWARD UNIVERSITY
Washington
Dist Of Columbia

$5,000

2006

To provide general support the national African American Drug Policy coalition

SYNERGOS INSTITUTE
New York
New York

$10,000

2006

To provide general support

EARTHJUSTICE
Oakland
California

$150,000

2006

To support the judging the environment project

HUMAN RIGHTS CAMPAIGN
Washington
Dist Of Columbia

$150,000

2006

To support the Federal Judiciary public education project

WORLD RESOURCES INSTITUTE
Washington
Dist Of Columbia

$100,000

2006

To support the Chief Executive Director climate change initiative

CENTER FOR COMMUNITY CHANGE
Washington
Dist Of Columbia

$25,000

2006

To support the fair immigration reform movement citizenship schools project

CENTER FOR COMMUNITY CHANGE
Washington
Dist Of Columbia

$100,000

2006

To support comprehensive immigration reform related action coalition building and media outreach

CENTER FOR COMMUNITY CHANGE
Washington
Dist Of Columbia

$100,000

2006

To develop the optimal management structure for the generation change leadership initiative

CENTER FOR COMMUNITY CHANGE
Washington
Dist Of Columbia

$100,000

2006

To support the no more circus tents project

CENTER FOR COMMUNITY CHANGE
Washington
Dist Of Columbia

$300,000

2006

To support the fair immigration reform movement network

CENTER FOR COMMUNITY CHANGE
Washington
Dist Of Columbia

$300,000

2006

To support the Community voting project

GEORGETOWN DAY SCHOOL
Washington
Dist Of Columbia

$30,000

2006

 

GEORGETOWN DAY SCHOOL
Washington
Dist Of Columbia

$25,000

2006

 

MARET SCHOOL
Washington
Dist Of Columbia

$7,500

2006

 

AMERICAN SCANDINAVIAN FOUNDATION
New York
New York

$5,000

2006

General support

NEW WORLD FOUNDATION
New York
New York

$10,000

2006

To support the social justice infrastructure funders project

NEW WORLD FOUNDATION
New York
New York

$20,000

2006

To support an intergenerational convening of activists of color and their ensuring campaign

NEW WORLD FOUNDATION
New York
New York

$50,000

2006

To support the Alston Bennerman Fellowship Program

CENTER FOR PUBLIC INTEREST RESEARCH
Boston
Massachusetts

$100,000

2006

To support the student empowerment training state student association organization project

SOUTHERN CENTER FOR HUMAN RIGHTS
Atlanta
Georgia

$7,500

2006

 

SOUTHERN CENTER FOR HUMAN RIGHTS
Atlanta
Georgia

$250,000

2006

General support

EQUAL JUSTICE WORKS
Washington
Dist Of Columbia

$750,000

2006

 

EQUAL JUSTICE WORKS
Washington
Dist Of Columbia

$875,000

2006

To support the class of 2005 fellowships

FREEDOM FROM HUNGER
Davis
California

$6,906

2006

 

SHELTER OUR SISTERS
Hackensack
New Jersey

$7,011

2006

To provide additional support to study at Assumption University

ATLANTIC COUNCIL OF THE UNITED STATES
Washington
Dist Of Columbia

$16,000

2006

To develop areas of potential transatlantic cooperation

ASPEN INSTITUTE
Washington
Dist Of Columbia

$195,000

2006

To rethink the dominant perspectives on Crime and Punishment in the US

ASSOCIATION OF BALTIMORE AREA GRANTMAKERS
Baltimore
Maryland

$5,500

2006

General support

ASSOCIATION OF BALTIMORE AREA GRANTMAKERS
Baltimore
Maryland

$10,000

2006

To provide staff support for the education funders affinity group

GODS LOVE WE DELIVER
New York
New York

$5,000

2006

General support

NATION INSTITUTE
New York
New York

$10,000

2006

To provide general support

FORDHAM UNIVERSITY
Bronx
New York

$14,500

2006

To support rethinking judicial selection

NEW YORK LAWYERS FOR THE PUBLIC INTEREST
New York
New York

$215,700

2006

To provide renewal support for the national campaign to restore civil rights

NEW YORK LAWYERS FOR THE PUBLIC INTEREST
New York
New York

$12,000

2006

To provide add on support for the national campaign to restore civil rights

RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK
New York
New York

$200,000

2006

To support the creation of the center on the Media crime and justice

FIDELITY INVESTMENT CHARITABLE GIFT FUND
Boston
Massachusetts

$44,250

2006

 

ECONOMIC POLICY INSTITUTE
Washington
Dist Of Columbia

$400,000

2006

To provide general support

FOUNDATION CENTER
New York
New York

$20,000

2006

To provide general support

FOUNDATION CENTER
New York
New York

$20,000

2006

To provide general support

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES
Washington
Dist Of Columbia

$15,000

2006

To support a Libyan delegation to discuses political and economic issues

AMERICAN ASSOCIATION OF UNIVERSITY WOMEN AAUW
Washington
Dist Of Columbia

$150,000

2006

To craft a policy statement to college and University regarding inviting outside speakers

ALLIANCE FOR JUSTICE
Washington
Dist Of Columbia

$100,000

2006

To provide support for a lecture series in honor of professor Herman Schwartz

ASSOCIATION FOR CHILDREN OF NEW JERSEY
Newark
New Jersey

$50,000

2006

To renew support for participation in the state fiscal analysis initiative

ASSOCIATION FOR CHILDREN OF NEW JERSEY
Newark
New Jersey

$50,000

2006

To renew support for participation in the state fiscal analysis initiative

ASSOCIATION OF AMERICAN COLLEGES AND UNIVERSITIES
Washington
Dist Of Columbia

$11,100

2006

 

CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE
Washington
Dist Of Columbia

$9,800

2006

To support Georgian Ossetia civic dialogue

CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE
Washington
Dist Of Columbia

$16,850

2006

To support the think tank network on alternative solution stop the transnistria conflict

CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE
Washington
Dist Of Columbia

$124,038

2006

To support the East partnership beyond borders program at Carnegie Moscow center

CENTER FOR JUSTICE AND ACCOUNTABILITY
San Francisco
California

$7,500

2006

 

CENTER FOR JUSTICE AND ACCOUNTABILITY
San Francisco
California

$9,000

2006

 

CENTER FOR LAW AND SOCIAL POLICY
Washington
Dist Of Columbia

$7,500

2006

 

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE CARE
Atlanta
Georgia

$7,500

2006

 

CORPORATION FOR SUPPORTIVE HOUSING
New York
New York

$100,000

2006

To create re entry supportive housing

ENVIRONMENTAL LAW INSTITUTE
Washington
Dist Of Columbia

$150,000

2006

To provide support for the endangered environmental Law project

INDEPENDENT MEDIA INSTITUTE
San Francisco
California

$40,000

2006

To support sire tap magazine

INDEPENDENT MEDIA INSTITUTE
San Francisco
California

$100,000

2006

General support

INTER FAITH EDUCATION FUND
Austin
Texas

$250,000

2006

To increase civic participation

LOWER EAST SIDE TENEMENT MUSEUM
New York
New York

$4,750

2006

To enable South Africa Constitutional Court to Commission works form artists

MANAGEMENT ASSISTANCE GROUP
Washington
Dist Of Columbia

$50,000

2006

To advance technical assistance efforts to leading national advocacy organization

MIGRATION POLICY INSTITUTE
Washington
Dist Of Columbia

$21,300

2006

To support the migration learning Community

NATIONAL COUNCIL OF LA RAZA
Washington
Dist Of Columbia

$100,000

2006

To support the we are America Alliance

NATIONAL COUNCIL OF LA RAZA
Washington
Dist Of Columbia

$300,000

2006

To support the immigration unit and the immigrants rights project

NATIONAL COMMITTEE FOR RESPONSIVE PHILANTHROPY
Washington
Dist Of Columbia

$25,000

2006

To build organization

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