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George Soros Gives $500 Million to Tiny College

George Soros Gives $500 Million to Tiny College Donation among largest ever made to higher education in US Image Credit: Share Email Billionaire philanthropist and left-wing megadonor George Soros is donating $500 million to Bard College a small liberal arts college in New York.  According to a Bard College press release, the grant “which is among the largest ever made to higher education in the United States” will facilitate “Bard’s exemplary educational and social initiatives, establish the College’s most substantial endowment ever, and set the stage for a $1 billion endowment drive.” The college announced that it raised $250 million for its endowment and is seeking to raise another $250 million going forward. 

$500 million gift deepens Soros involvement with Bard – The Forward

Image by Getty Images George Soros donated $500 million to Bard College last week, building on previous donations to the school with what college officials said was the largest single gift ever made to an American institution of higher education. “This is the most historic moment since the college’s founding in 1860,” said Bard College President Leon Botstein in a statement. Soros, a Jewish investor and major philanthropist to liberal causes, donated $60 million to Bard in 2011 and $100 million last July through his Open Societies Foundation. Bard is a founding member of the Open Society University Network, a Soros initiative created in partnership with the Central European University in Hungary.

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