KevinMD September 3, 2024
Michael Bloomberg, the billionaire former New York City mayor, has once again demonstrated his commitment to equality and social justice. Through his Bloomberg Philanthropies, he announced a monumental $600 million donation to four historically Black medical schools in the United States. This follows his Greenwood Initiative’s $100 million gift in September 2020, aimed at reducing student debt for these institutions.
Other major donors have also made significant contributions to HBCUs. MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, has donated over $500 million to HBCUs since their divorce. The Lilly Endowment announced a $100 million gift to the United Negro College Fund, and the billionaire couple Ronda Stryker and William Johnston donated $100 million to Spelman College. Additionally,...
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