Skip to Content

A new fund directs its support to Ukraine’s long-term needs

KVIA

By GLENN GAMBOA
AP Business Writer

The humanitarian needs of more than 10 million displaced Ukrainians have quickly become staggering. Yet Mark Malloch-Brown, president of the Open Society Foundations, warns that longer-term problems resulting from Russia’s invasion will grow ever larger if they aren’t sufficiently addressed now. Experts report an “unprecedented” outpouring of aid for food, medicine and other essential needs of Ukrainians. Comparatively few donations, though, have been earmarked for maintaining Ukraine’s culture or democratic foundations. To address that cause, Open Society Foundations has launched the Ukraine Democracy Fund with a $25 million pledge, in hopes of raising $100 million.

Article Topic Follows: AP National Business

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