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AAP
AAP
Business
THALIA BEATY (Associated Press)

George Soros' foundations pledge $300M for US democracy amid attacks on nonprofits

NEW YORK (AP) — George Soros ' Open Society Foundations pledged $300 million Wednesday toward initiatives it says will defend democratic rights and advance economic security in the U.S. over the next five years.

The new strategy comes even as President Donald Trump's administration has singled out the Soros family, accusing them of supporting violence and fostering division. Those attacks are part of a broad effort rolled out in 2025 by Trump and his allies to influence nonprofits and charitable funders through executive orders, by withholding funding or by threatening investigations.

"We are continuing our work unabated. We will not be intimidated into silence," said Laleh Ispahani, managing director for the U.S. at Open Society Foundations, when asked about the administration's attacks on the Soros family.

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