Wednesday, August 12, 2009

Paying it Forward: Billionaire George Soros Helps Needy NYC Kids Get Their Back To School Swag On



from Bossip

Over 300 electronic cards were given to parents waiting in line by the thousands to receive $200 in free money for school supplies and uniforms to send their children back to school. Billionaire George Soros is spending $35 million to help aide parents for the upcoming school year.

Every child between the age of 3-17 was eligible to receive the 200 dollars and the free money went to families on welfare or receiving food stamps. There was also no cap on how many children a family had as well, meaning every child in the household who was eligible got the $200 to spend on school related items. 813,845 kids across the state – including 498,866 in the city were helped. Soros’ $35 million was also added to 140 million dollars in federal stimulus money.

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