Bard Is Driving Toward a $1 Billion Endowment with Soros Donation
The college must match the philanthropist’s $500 million donation within five years, and it’s already halfway there.
Bard College could be the next $1 billion university endowment if it can match a $500 million grant from billionaire investor George Soros within the next five years. It has already raised $250 million toward that goal.
Until then, a Bard spokesman said the $500 million commitment from the Hungarian-born American investor will be held in his Quantum hedge funds, governed by Soros Fund Management, his family office. It is among the largest grants ever given to a higher education institution.
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