The Open Society Foundations was established in 1979 by George Soros to help countries make the transition from communism.
The mission of the foundation is to work to build vibrant and tolerant society whose governments are accountable and open to the participation of the people. They seek to strengthen the rule of law, to shape public policies, to implement innitiatives, and to build alliances across borders and continents.
Working in various parts of the worl, the foundation places high priority on protecting and improving lives of people in marginalized communities.
Nor does it suggest that there's something inherently wrong with community foundations as a philanthropic vehicle. What it does reveal is how thoroughly...more
Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.