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george soros trump open society foundations investigation 1234753658

The Trump administration has escalated its attacks on billionaire philanthropist George Soros, with the Justice Department calling for an investigation into his Open Society Foundations. The foundations provide substantial funding to artists and cultural organizations globally, including $100,000 fellowships to artists such as Firelei Báez, Yto Barrada, and Nicholas Galanin. The administration alleges the foundations may be engaged in racketeering, wire fraud, and material support for terrorism, citing claims from the conservative Capital Research Center. Soros has also personally donated $25 million to Bard College's Center for Curatorial Studies.

george soros trump open society foundations investigation 1234753658

The Trump administration has escalated its attacks on billionaire philanthropist George Soros, with the Justice Department calling for an investigation into his Open Society Foundations. The foundations, which provide substantial grants to artists and human rights organizations globally, are accused of potential racketeering, wire fraud, and material support for terrorism, based on allegations from the conservative Capital Research Center. Soros, a major Democratic donor, has previously been targeted by Trump and Vice President JD Vance, who claim the foundations fund leftist protests. The Open Society Foundations have awarded $100,000 fellowships to numerous prominent artists, including Firelei Báez, Yto Barrada, and Nicholas Galanin, and provided $1.2 billion in funding in 2024 alone.