12/05/2023 / By News Editors
The Soros philanthropic network significantly increased its funding for Latino advocacy and voter mobilization in 2022, focusing on a key voting bloc.
(Article republished from YourNews.com)
In 2022, the Soros philanthropic network, including the Open Society Policy Center, the Foundation to Promote Open Society, and the Open Society Institute, substantially increased funding for Latino voter mobilization and advocacy groups. This strategic shift came amid declining Democratic support among Hispanic voters.
The Equis Institute and its 501(c)(4) sister organization, Equis Labs, collectively received $35.6 million from Soros’ foundations. This funding represents a significant increase from previous allocations. The Equis Institute, founded in 2019, aims to enhance Latino civic participation in the United States. Equis Labs, with a broader political mandate, generates reports advising Democratic campaigns on engaging Latino voters and produces research on the efficacy of liberal messaging within the Hispanic community. (Equis Institute and Equis Labs funding details)
Hispanic voters, historically leaning towards the Democratic Party, have shown a change in preference. According to data firm Catalist, Democratic support among Hispanics decreased from 71% in 2016 to 63% in 2020, with a further decline observed in 2022. (Catalist data analysis)
Republican Senator Rick Scott commented on this trend, suggesting that Hispanic voters are moving away from the Democratic Party due to its current policies. He emphasized that many Hispanic voters understand the pitfalls of socialism from personal experience, which doesn’t align well with the Democrats’ agenda.
The decline in Democratic support among Hispanics in 2022 was also evident in CNN’s polling, which showed that Democrats secured only 60% of their vote during the last midterm cycle. (CNN polling results)
Carlos Odio, co-founder of Equis Labs, acknowledged the significance of this shift in Hispanic voting patterns. He indicated that the Hispanic vote for Democrats is not firmly established and is subject to change. (Odio’s interview with Vox)
In addition to funding advocacy groups, Soros’ network also invested in media aimed at Hispanic audiences. The Latino Media Network, funded by Soros, acquired 18 Spanish-language radio stations across the country for an estimated $60 million in 2022. This move, particularly the purchase of the Miami-based Radio Mambí, drew attention and criticism from some of its hosts and Republican lawmakers. (Latino Media Network acquisition details)
The Foundation to Promote Open Society, alongside the Open Society Policy Center, also provided substantial funding to other organizations targeting Latino communities. These include the Valiente Fund, focused on supporting Latino organizations committed to indigenous sovereignty, anti-racism, and feminist economies, and the National Latina Institute for Reproductive Justice, advocating for increased abortion access among Hispanics. (Valiente Fund information, National Latina Institute for Reproductive Justice funding)
Republican Senator Marco Rubio criticized these efforts, arguing that they do not address the real challenges facing people today and are unlikely to reverse the trend of working-class Americans, including Hispanics, moving away from the Democratic Party.
Every organization mentioned in this article, including those within the Soros network, did not respond to requests for comment from the DCNF. Equis Lab and Equis Institute were also unreachable for comment.
Read more at: YourNews.com
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