Soros gives $100 million to human rights group

By Aaron Smith, CNNMoney.com staff writer


NEW YORK (CNNMoney.com) -- Billionaire investor George Soros will donate $100 million to Human Rights Watch, the organization announced Tuesday.

Soros - a noted backer of liberal causes - will provide the "challenge grant" over a 10-year period, the organization said. As a result, Human Rights Watch is expected to raise an addition $100 million in matching private contributions,

Soros referred to Human Rights Watch as "one of the most effective organizations I support" in a press release from the organization.

"Human rights underpin our greatest aspirations: they're at the heart of open societies," he said.

The New York-based organization, which does not accept government donations, said the challenge grant will allow it to increase its annual budget to $80 million from $48 million within five years.

With a staff of about 300 workers, Human Rights Watch publishes about 100 reports annually and hundreds of press releases to draw international attention to human rights violations in some 90 countries.

With the influx of additional funding, the organization said it will add staff to "maximize the impact of its research" by engaging "more effectively" with governments on areas of concern and developing relationships with journalists.

Most recently, the organization published a report on police brutality in Zambia, urged a fair trial for human rights advocates in Kyrgyzstan and requested that Indian hospitals conduct less "degrading" tests for rape victims. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.25%4.27%
15 yr fixed3.23%3.21%
5/1 ARM3.37%3.37%
30 yr refi4.19%4.36%
15 yr refi3.18%3.17%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 16,979.13 59.54 0.35%
Nasdaq 4,526.48 -1.03 -0.02%
S&P 500 1,986.51 4.91 0.25%
Treasuries 2.43 0.02 0.87%
Data as of 6:42pm ET
Company Price Change % Change
Bank of America Corp... 15.52 0.07 0.45%
Apple Inc 100.57 0.04 0.04%
General Electric Co 26.36 0.31 1.19%
Intel Corp 34.50 0.16 0.47%
Staples Inc 11.32 -0.30 -2.58%
Data as of 4:01pm ET

Sections

This month, Delaware became the first state to pass a law giving heirs the right to access the online accounts and assets of someone who has passed away. More

Median income is up 3.8% since 2011, though it's still down since the economic recovery began in 2009. More

Small business owners say the economy is still their biggest challenge, which keeps them from expanding and hiring, according to a CNNMoney-Manta survey. More

This month, Delaware became the first state to pass a law giving heirs the right to access the online accounts and assets of someone who has passed away. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.