The New Media Journal | Soros to Donate $100 Million to Rights Group: "George Soros, the billionaire investor and philanthropist, plans to announce on Tuesday that he is giving $100 million to Human Rights Watch to expand the organization’s work globally.
It is the largest gift he has made, the largest gift by far that Human Rights Watch has ever received, and only the second gift of $100 million or more made by an individual this year, according to the Center on Philanthropy at Indiana University...
Uncertainty about the direction of the economy has made even the wealthiest individuals more cautious about making big philanthropic commitments...however, while others have held on to their money, Soros has made bigger gifts than ever. And he said in an interview that the gift to Human Rights Watch is the first of a series of large gifts that he plans to make.
“This is partly due to age,” said Mr. Soros, who celebrated his 80th birthday last month. “Originally I wanted to distribute all of the money during my lifetime, but I have abandoned that plan. My foundation should continue, but I still would like to do a lot of giving during my lifetime, and doing it this way, with such size, is a step in that direction.”..."
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