Indian-Origin Businessman Raj Bhakta Offers $20 Million Vermont Campus as Free Gift to Catholic Organization
In a remarkable philanthropic gesture, Indian-American entrepreneur Raj Bhakta has announced he is giving away the former Green Mountain College campus in Poultney, Vermont—a property valued at approximately $20 million—at absolutely no cost. However, this generous donation comes with a specific condition: it must go exclusively to a "Catholic mission-based organisation" that aligns with his vision for spiritual and cultural revival.
From Auction Purchase to Charitable Donation
Bhakta, the founder of WhistlePig Whiskey and Bhakta Spirits, originally acquired the 115-acre rural campus at a 2020 auction for $4.5 million, following the college's closure in 2019 due to financial difficulties. Now, rather than seeking a profitable sale, he is launching a unique initiative to transfer ownership to an entity dedicated to faith-based missions. "The idea is to return it to its original faith-based mission. That's what it was built for," Bhakta explained in a statement. "After having owned the place for several years, I think that's what it's best used for. Its highest and best use is its original use."
Strict Criteria for Applicants
Through a dedicated proposal website and a press release from New York City public relations firm Overton and Associates, Bhakta has outlined stringent requirements for potential recipients. Applicants must demonstrate that their mission begins with the "spiritual revival of our Christian faith," and only those meeting this core alignment will be considered for further evaluation. The property, which includes multiple academic and residential buildings, is ideally suited for Catholic education, retreats, or mission centers, according to the announcement.
Operational Costs and Community Considerations
Prospective organizations are advised to prepare for significant ongoing expenses. The website notes that operating the campus will cost about $1 million annually, with an additional $1.5 million per year recommended to "maintain existing infrastructure" and address deferred maintenance. Bhakta's donation includes the entire campus, but it comes with the expectation of a continued lease to the Green Mountain Community School (GMCS), founded and operated by his wife, Danhee. In a recent email to GMCS families, Danhee confirmed that parent Brylea Davenport will take over leadership, ensuring the school remains open for the next academic year and beyond.
Historical Context and Application Timeline
Established in 1834, Green Mountain College initially operated as a coeducational Methodist institution before its closure. Bhakta's initiative aims to revive this legacy within a Catholic framework. Interested organizations must submit formal proposals by March 31, 2026. A shortlist will be announced on April 8, 2026, followed by interviews and negotiations between April 8 and 15, 2026. This structured process reflects Bhakta's commitment to finding a suitable steward for the property, emphasizing his belief in its potential to contribute to the "revival of the United States and Western Civilisation."
Raj Bhakta, who gained public attention through his appearance on 'The Apprentice' hosted by Donald Trump, is not seeking financial gain from this transaction. Instead, his focus is on fostering a faith-based community that honors the campus's historical roots while addressing contemporary spiritual needs. This donation underscores a growing trend of philanthropic efforts targeting educational and religious revitalization in the United States.
