Topline
Billionaire Michael Bloomberg is giving $600 million to four historically Black medical schools, Bloomberg’s charity said Tuesday—in what will reportedly be the largest donations ever to a historically Black college or university.
Bloomberg donated $1 billion to cover tuition costs for medical students at Johns Hopkins University … [+]
Key Facts
Bloomberg will donate $175 million each to the endowments of Meharry Medical College, Morehouse School of Medicine and Howard University College of Medicine and $75 million to Charles R. Drew University of Medicine and Science, Bloomberg Philanthropies announced.
The donations will more than double the size of three of the four medical schools’ endowments, the charity said, though it did not specify which schools.
Bloomberg previously donated $100 million to the four medical schools in 2020 to help reduce debt for…
