Media Matters Receives $1 Million From George Soros

Media Matters Receives $1 Million From George Soros

Media Matters for America, a progressive research and information center based in Washington, D.C., has announced a $1 million gift from George Soros, founder and chairman of the Open Society Foundations.

In a statement, Soros said he was making the gift — his first to the group, despite assertions to the contrary from Fox News commentators — because of the organization's efforts to hold Fox accountable for what he called "false and misleading information" and to "more widely publicize the challenge Fox News poses to civil and informed discourse in our democracy."

According to the New York Times, while the gift is not large enough to offset the contributions given to outside groups supporting Republican candidates in the midterm elections, it could signal a return to greater involvement by Soros in the 2012 presidential campaign. And it suggests that liberals intend to continue pressing their case against the flow of undisclosed money into political campaigns.

"George Soros, a philanthropist of the highest integrity, unfortunately knows first-hand what it's like to be grotesquely caricatured and flatly lied about on Fox," said Media Matters founder and CEO David Brock. "Media Matters is grateful that he has decided to lend his voice and support our goal of greater journalistic accuracy and accountability."

Michael D. Shear. "Soros Donates $1 Million to Media Matters." New York Times 10/20/2010. "Soros Announces First Ever Contribution to Media Matters." Media Matters for America Press Release 10/20/2010.