Many hedge funds engage in philanthropy by establishing their own foundations and using them to distribute their millions to nonprofit organizations. George Soros has actually established three foundations. Q3 2021 hedge fund letters, conferences and more We can get an idea for his favorite investment funds by looking at those foundations’ annual filings to see which funds he trusts his foundations’ money to. We reviewed the 990-PF filings for the fiscal year that ended in December 2019, which were filed in June 2021, and found that Soros may have trusted only himself with his foundations’ money. George Soros’ foundations are…
George Soros Invested His Foundations’ Money In His Own Funds
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.