The “Hidden Soros Slush Fund”

Partnership with Civic Institutions

Social entrepreneurs and leading nonprofit organizations are assisting schools, lifting families out of poverty, filling health care gaps, and inspiring others to lead change in their own communities. To support these results-oriented innovators, we will create a Social Investment Fund Network that invests in ideas that work, tests their impact, and expands the most successful programs. We will create an office to coordinate government and nonprofit efforts.

This will be a government-supported nonprofit corporation, similar to the Corporation for Public Broadcasting, that will use federal seed money to leverage private sector funding to improve local innovation, test the impact of new ideas and expand successful programs to scale. The fund will operate through a network of funds that will be rooted in the private sector at the community level, with local decision-making informed by a shared network of best practices. For example, a successful nonprofit organization could apply for funding to study ways to improve or expand the organization to other locations. Or an angel investor could work with the fund to identify high quality nonprofits that should be expanded to other locations and invest in that expansion. The network of funds would bring experts skilled at analyzing data, picking winners, measuring results, and building capacity to work, and would be driven by the following key principles:

Results-Focused-Funds would provide financial capital to nonprofit organizations based on rigorous criteria and analysis to ensure the highest likelihood of results, particularly projects that would yield a return on investment, such as savings on future public services.

Community-Directed-Funded efforts would respond to specific community-identified priorities. For example, one community might focus on crime prevention while another might choose education.

Cross-sector-Strategies that engage volunteers and businesses would receive special emphasis; a private sector board of local leaders, including business, government, community organizations, and the target beneficiaries would make funding decisions with assistance from analytical experts.

Long-term-Investments would occur over a period of years to increase the likelihood of success and sustainability.

In practice, this Barack Obama brainchild would serve as a permanent, taxpayer-backed pipeline to Democrat partisan outfits masquerading as public-interest do-gooders. This George Soros Slush Fund would be political payback in spades. Obama owes much of his Chicago political success to financial support from radical, left-wing billionaire and leading “social entrepreneur” Soros.

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