PolitiFact.com is a nonprofit project operated by the
Poynter Institute in St. Petersburg, Florida, with offices there and in Washington, D.C.
In 2017, the Poynter Institute received $1.3 million from the Omidyar Network and the
Open Society Foundations in order to support new projects in three main areas: fact-checking technology, impact tracking, and financial awards through innovation grants and crowdfunding matches.[7]
Open Society Foundations (OSF), formerly the Open Society Institute, is an international
grantmaking network founded by business magnate
George Soros.
[2]
Soros is a well-known supporter of
progressive and liberal political causes, to which he dispenses donations through his foundation, the
Open Society Foundations.
[18]
In the second quarter of 2020, Soros gave at least $500,000 to presumptive Democratic presidential nominee Joe Biden, becoming one of the campaign's largest benefactors.[116]