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Answer» What is Open Society Institute mean? Open Society Foundations (OSF), formerly the Open Society Institute, is a grantmaking network founded by business magnate George Soros. Open Society Foundations financially support civil society groups around the world, with a stated aim of advancing justice, education, public health and independent media. The group's name is inspired by Karl Popper's 1945 book The Open Society and Its Enemies. The OSF has branches in 37 countries, encompassing a group of country and regional foundations, such as the Open Society Initiative for West Africa, and the Open Society Initiative for Southern Africa; its headquarters are at 224 West 57th Street in New York City. In 2018, OSF announced it was closing its European office in Budapest and moving to Berlin, in response to legislation passed by the Hungarian government targeting the foundation's activities. Since its establishment in 1993, OSF has reported expenditures in excess of $16 billion mostly in grants towards NGOs, aligned with the organisation's mission. reference
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