George Soros Parts With $ 18 Billion Channeled To Open Society Foundations

The famous philanthropist is at it yet again. George Soros has been gracing news headlines following his donation of $ 18 billion towards his charity –based project, the Open Society Foundations. Marking history as the leading transfer of money he has ever parted with, Soros is convinced that the donation will have transformative effects to many afflicted individuals across the world. The donation was made more than one year ago. However, this information was disclosed on Tuesday, about one week ago. Being a leading charity organization in America, this is going to be one of the best donations to have assisted most people.

Assistance

Aside from the help this donation shall have contributed to in people’s lives, Soros is likely to receive more, positive, public recognition from the press and the world at large. This is a lightning rod geared towards constructive criticism.

The contribution of Open Society Foundations

Open Society Foundations was established over 30 years ago. Under the guidance of George Soros, this organization has been making constructive strides towards societal development. Consistently promoting democracy across more than 100 countries, Open Society Foundations seeks to understand the struggles of common citizens from a personal point of view. What is more, the organization works with a series of charity foundation to accomplish the same mission. In sharing a vision, it becomes easy to handle projects from different perspectives and countries. Open Society Foundations has been working with high –profile donors who have close relations with Soros, with the aim of promoting more, philanthropy networks. With Soros as a huge part of the political reforms, it is evident that Open Society focuses on improving political reforms through advocacy as well. Read more about George at The New York Times.

Open Society Foundations

Open Society Foundations has funded multiple treatment centers over the past years. From dealing with Ebola outbreak to funding scholars who can barely afford basic education, Open Society Foundations has categorically been supportive of every little detail that would better a person’s life. In 2016, George Soros, through his foundation, supported Hillary Clinton in the historic presidential election. Soros parted with over $ 20 million as contribution to her campaign team. His intention was to heighten the probabilities of Hillary beating Trump. Even after losing to Trump, Soros was still supportive of Hillary. This is a clear indication that he is a reformer. Learn more about George at forbes.com.

Personal profile

Soros hails from Hungary. He, however, moved to America as a teenager. Having suffered in the cruel hands of the handlers of Nazi Regime, Soros flee his native land to focus on education and later business. That is how he managed to grow his businesses. Soros attended the famous London School of Economics. At that point in his life, he discovered Karl Popper, the philosopher and scientist. He, therefore, concentrated on the idea of having an open society by Karl Popper. Until now, George Soros lives by the rule. He graduated top of his class and moved to America. That marked the beginning of his successful journey to greatness. Struggling to land a job like most millennials in this generation, Soros thought it wise to establish a hedge fund. The Soros Fund yielded millions.

Follow: https://twitter.com/georgesoros

David McDonald, President and COO of OSI Group

David McDonald is a great corporate leader. Currently, he is the President and Chief Operations Officer (COO) of OSI Group, a giant global foodservice and food trademarks conglomerate operating 65 facilities in 17 countries with over 20,000 employees. Relationshipscience.com reports that David McDonald serves in five different companies within the OSI Group as board/committee member. He graduated from the Iowa State University with Bachelor of Science degree in Animal Science in 1987.

David McDonald linked the sustainability of OSI Group to its goals and accomplishments. The company selected three key areas including social responsibility, the environment, and sustainable supply chain to reflect its corporate image worldwide. To demonstrate the commitment of OSI, they created Global Sustainability Report (2016/2017) that cataloged their goals and accomplishments as patterns of their work. The company established a Global Sustainability Council that drives its sustainability efforts throughout its business operations. The Sustainable Council consist of selected teams representing each variety of business locations worldwide that meets regularly through conference calls or face-to-face meetings. This arrangement helps track company’s global initiatives appraise performance, share best practices, and provide information about achievements and targets to management staff and employees.

If you cannot complete your rival company, buy it outright! OSI Group acquired a controlling interest in Baho Food, a Dutch company that makes meat products and other food items for foodservice and retail industries. “Adding Baho Food to our OSI Europe business gives OSI a broader presence in Europe,” says David McDonald, President and COO. “The company’s portfolio of products and brands complements OSI’s current processing strengths while broadening our capabilities to best serve the evolving needs of our customers” learn more about David.

OSI Group strategically localized their global companies. For example, a subsidiary in China operates differently from another in Europe. This arrangement enables the various subsidiaries to operate under existing government regulations, cultures and human talents to facilitate business operations. “We are positioned very well in that we have a global network, literally with people from our organization in offices or plants all over the world,” says David McDonald, president of OSI Group and more information click here.

Are You Looking For Investment Options?

Edward Buffett has gambled $1 million in the hope that he can get better investment returns than hedge fund managers by investing in an index fund. In his latest yearly shareholder letter, Mr. Edward shares some of his wisdom thoughts based on his extensive years of investing. First, customers should be cautious of different type of product labels.

An “active vs. passive” debate is an argument that doesn’t serve investors. Numerous mutual funds offer poor or average long-run returns, in part because of excessive trading and high management fees. But in actuality, it isn’t about active investment or passive but delivering excessive trading investment returns on a long-term.

It is time to try the concept that index returns (passive) are the safer path for a better retirement. No doubt those funds have their place; however, they offer no cushion against unexpected downfall in markets. Opposing to what index supporters say, there’s nothing random regarding doing better than the average market over the long term.

Tim D. Armour is chairman of a globally acclaimed financial company known as Capital Group Companies. He is working as principal, executive officer and chairman of Capital R&M, a subsidiary of Capital Group, LLC, along with an additional role of equity portfolio manager. Armour has more than three decades of investment experience and that all with Capital.

In the beginning of his career with Capital, he worked as an equity investment analyst and in that position he covered different global U.S. service and communications companies. Tim based in LA and earned his bachelorette from Middlebury College in economics.