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.
Bard College President Leon Botstein stated that the gift marks the “most historic moment since the college’s founding in 1860.” Based on Bard’s published number of 1,900 undergraduates, Soros’ donation amounts to $263,157 per current undergraduate student.
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