Soros Economic Development Fund
Preselected recipients only
Soros Economic Development Fund is a private foundation in New York, New York. In tax year 2024 it gave $6.7 million in 16 grants; the typical grant was $197,500 and the largest $3.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$6.7 million
- Number of grants16
- Typical grant$197,500
- Largest grant$3.0 million
- Assets$175 million
- New grantees94%
Giving in 2024 was up from $2.7 million the year before.
94% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.7 million | 8 | $210 million |
| 2024 | $6.7 million | 16 | $175 million |
How to apply
Soros Economic Development Fund says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Soros Economic Development Fund funds
Where it gives
Its US grants went to recipients in 5 states, the most to New York. It also paid $700,000 in 4 grants to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| New York | 7 | $4.7 million |
| District of Columbia | 2 | $445,000 |
| Massachusetts | 1 | $270,000 |
| California | 1 | $250,000 |
| North Carolina | 1 | $150,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Acumen Fund | To support clean, renewable energy access to communities in 16 least developed african countries. | $3.0 million |
| Abortion Coalition of Telemedicine | To provide malpractice insurance for shield providers enabling telehealth abortion access. | $1.0 million |
| Scroll Media Inc | The primary goals are to diversify and deepen three existing revenue streams: membership; ground events and advertising. | $270,000 |
| Indiegraf Media Inc | To support an innovative saas platform that supports independent media outlets in north america. | $250,000 |
| Free Democracy Foundation | Project support to help lay the groundwork for commercial actors to scale the mobile voting and broader voter access landscape, leveraging technology to enhance civic engagement and participation. | $250,000 |
| Reproductive Health Investors Alliance Inc | General support for rhia ventures and targeted support for rhia's corporate engagement strategy. | $250,000 |
| The Reimagination Lab | General support (2024-26) for the reimagination lab to develop consumer-facing digital products to expand access to reproductive healthcare. | $250,000 |
| The Global Steering Group for Impact Investment | To provide general support | $200,000 |
| National Women's Health Network | To examine the feasibility of creating a new kind of medical malpractice insurance product/pool/company modeled on planned parenthoods own insurance company, to cover the independent providers of telehealth-related abortion services to those in states where abortion is not legal | $195,000 |
| The International Center for Tropical Agriculture | To supplement the amazon biodiversity funds (abf) impact data. | $150,000 |
| Mayday Health | To support and advance reproductive rights in the u.s. | $150,000 |
| Global Impact Investing Network | To support three main activities: develop framework for solutions; align investors through the climate solutions investing forum; initiate global "campaign" to further action in climate solutions investing. | $150,000 |
| Ipas | Organizational support to asec to improve access to emergency contraception in the united states. | $150,000 |
| Symplifica | To further the charitable purpose of providing relief to the poor and distressed. | $100,000 |
| Gender Ideal DBA Reproductive & Maternal Health | To support a project to rate companies performance, benefits, and equity on reproductive care. | $100,000 |
| Confluence Philanthropy | To improve climate justice by raising awareness of the importance of indigenous peoples and local communities in climate finance and nature based solutions investment activities, help build relationships between indigenous peoples leaders and relevant investment advisors, and to help the guardians impact alliance build momentum to raise support for its future convenings | $25,000 |
Officers and trustees
- Georgia Keohane
- Catherine Cax
- James Beaver
- Nicole Stallworth
- Maija Arbolino
- Leonard Benardo
Questions people ask
Does Soros Economic Development Fund accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Soros Economic Development Fund give?
$6.7 million in tax year 2024, across 16 grants, with a typical grant of $197,500.
Who runs Soros Economic Development Fund?
Its 2024 filing lists Georgia Keohane (Ceo), Catherine Cax (Director of Investment), James Beaver (Treasurer) and Nicole Stallworth (Secretary) among 6 officers and trustees.
What does Soros Economic Development Fund fund?
Based on its grants, mainly international, health and environment and conservation.