Michael Bloomberg’s organization Bloomberg Philanthropies says it will give $600 million to the endowments of four historically Black medical schools
FILE - Michael Bloomberg, founder of Bloomberg Philanthropies and Bloomberg L.P, speaks at the COP28 U.N. Climate Summit, Dec. 1, 2023, in Dubai, United Arab Emirates. Bloomberg Philanthropies said Tuesday, Aug. 6, 2024, it will give $600 million to the endowments of the four historically Black medical schools. Michael Bloomberg’s organization Bloomberg Philanthropies is announcing a $600 million gift to the endowments of four historically Black medical schools.
The gifts are among the largest private donations to any historically Black college or university, with $175 million each going to Howard University College of Medicine, Meharry Medical College and Morehouse School of Medicine. Charles Drew University of Medicine & Science will receive $75 million. Xavier University of Louisiana, which is opening a new medical school, will also receive a $5 million grant.
Valerie Montgomery Rice, president of Morehouse School of Medicine, said that gift relieved $100,000 on average in debt for enrolled medical students. She said the gift has helped her school significantly increase its fundraising. Dr. Yolanda Lawson, president of the National Medical Association, said she felt “relief,” when she heard about the gifts to the four medical schools. With the Supreme Court's decision striking downlast year and attacks on programs meant to support inclusion and equity at schools, she anticipates that the four schools will play an even larger role in training and increasing the number of Black physicians.
Colleges And Universities Black People Health Education Philanthropy U.S. News General News Race And Ethnicity Business Article 112602045
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bloomberg gives $600 million to four Black medical schools' endowmentsMichael Bloomberg’s organization Bloomberg Philanthropies says it will give $600 million to the endowments of four historically Black medical schools. The gifts being announced Tuesday are among the largest private donations to any historically Black college or university.
Read more »
Bloomberg gives $600 million to four Black medical schools' endowmentsMichael Bloomberg’s organization Bloomberg Philanthropies says it will give $600 million to the endowments of four historically Black medical schools.
Read more »
Bloomberg gives $600 million to four Black medical schools' endowmentsMichael Bloomberg’s organization Bloomberg Philanthropies says it will give $600 million to the endowments of four historically Black medical schools.
Read more »
Bloomberg gives $600 million to four Black medical schools' endowmentsMichael Bloomberg’s organization Bloomberg Philanthropies says it will give $600 million to the endowments of four historically Black medical schools.
Read more »
Michael Jackson Estate Wins Tentative Ruling to End $600 Million Catalog War with Katherine JacksonAppellate panel sides with Michael Jackson estate in tentative ruling expected to end Katherine Jackson's appeal of $600 million catalog sale to Sony
Read more »
Solana (SOL) Eyes $600 Price Target, Here's WhySolana predicted to be eyeing 200% price rally
Read more »