George Soros gives $500 million to New York liberal arts college, largest donation in higher education history: Report

Billionaire George Soros pledged $500 million to a private liberal arts college in New York, the largest single donation given to a university in higher education history, the school said.Leon Botstein, president of Bard College, said the money will help establish a $1 billion endowment, calling Soros’s gift the “most historic moment” since the school was founded in 1860.

Soros previously pledged $1 billion to help establish the Open Society University Network, which globally connects educational institutions to integrate curricula and encourage civic engagement among students. Bard College is one of the founding partners of the network.

“Bard has had an outsize impact, setting the standard in liberal arts education in prisons, in high school-age students, and in the arts and in its international work,” Soros said.

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