Chief Healthcare Executive August 11, 2024
Michael Bloomberg announced the gift to four historically Black medical colleges. School leaders called it a transformative gift that could close disparities in care.
The money made headlines, but the mission is even more meaningful for champions of health equity.
Michael Bloomberg’s charitable organization announced the donation of $600 million to four Black medical colleges. Bloomberg and leaders of the colleges disclosed the gift Tuesday at the National Medical Association conference.
Bloomberg Philanthropies is directing $175 million to each of the following institutions: Howard University College of Medicine, Meharry Medical College, and Morehouse School of Medicine. The organization is giving $75 million to Charles R. Drew University of Medicine & Science.
Bloomberg is also giving $5 million to the Xavier...
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