Skip to Content

Soros’ Open Society Foundations say their restructuring is complete and pledge $400M for green jobs

KVIA

Associated Press

NEW YORK (AP) — Open Society Foundations revealed Tuesday its first new commitment after a years-long internal reorganization, pledging $400 million over eight years to support green economic development. OSF is the philanthropic organizations that billionaire investor George Soros has built up since the 1970s. OSF president Binaifer Nowrojee said the goal of the investment was to produce sustainable jobs and a shift toward clean energy in Brazil, Mexico, South Africa, Senegal, Malaysia and Indonesia. Nowrojee is a human rights lawyer from Kenya who has worked at OSF for twenty years. She took the helm of the $25 billion philanthropy after three years of buyouts, layoffs and structural changes.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content