Published on
20/05/2026 - 15:00 GMT+2
The Open Society Foundations (OSF), founded by billionaire philanthropist George Soros, have pledged $300 million (€259 million) over the next five years to defend democratic institutions and advance economic security in the United States.
The commitment comes amid escalating political pressure on non-profit organisations and charitable funders from the US administration.
Under President Donald Trump's administration, conservative allies and lawmakers have intensified scrutiny of progressive non-profits. Allies in Congress have requested that the Internal Revenue Service (IRS) and the Department of Justice (DOJ) investigate organisations they accuse of supporting illegal immigration, climate programmes or far-left groups.
