October 22, 2010

Media Matters Receives $1 Million From George Soros

Posted in Philanthropy at 7:46 pm by philanthropynews

Media Matters for America, a progressive research and information center based in Washington, D.C., has announced a $1 million gift from George Soros, founder and chairman of the Open Society Foundations.

In a statement, Soros said he was making the gift — his first to the group, despite assertions to the contrary from Fox News commentators — because of the organization’s efforts to hold Fox accountable for what he called “false and misleading information” and to “more widely publicize the challenge Fox News poses to civil and informed discourse in our democracy.”

According to the New York Times, while the gift is not large enough to offset the contributions given to outside groups supporting Republican candidates in the midterm elections, it could signal a return to greater involvement by Soros in the 2012 presidential campaign. And it suggests that liberals intend to continue pressing their case against the flow of undisclosed money into political campaigns.

(Read more via Philanthropy News Digest.)

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