Alexander Soros, a son of the billionaire philanthropist George Soros, announced today that he is establishing his own foundation to support organizations that promote social justice and human rights.
The Alexander Soros Foundation will focus on innovative organizations around the world. He would not disclose how much money he has put into the philanthropy.
“Philanthropy is not the answer to every problem, but it can be a catalyst for change,” said Alexander Soros, in a written statement announcing his fund’s creation. He started the foundation, he added, to finance “more experimental and perhaps controversial projects that larger mainstream foundations might not be able to take on.”
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