Michael Bloomberg donates $600m to historically black US medical schools

America’s four medical schools belonging to historically black colleges and universities (HBCUs) have been gifted $600m (£473m; €550m) by Michael Bloomberg, the former New York mayor and billionaire founder of the financial technology and media company Bloomberg LP.Bloomberg’s donation follows his $1bn gift last month to his alma mater, Johns Hopkins University in Baltimore, which allowed its medical school to offer free tuition to most of its students.1In 2020 he gave $100m to pay off the student debt of enrolled students at the HBCU medical schools. Last week their presidents were invited to a meeting with Bloomberg Philanthropies in New York, which they thought was an event to commemorate that gift. Instead, they were presented with $600m more.Howard University College of Medicine in Washington, DC; Morehouse School of Medicine in Atlanta, Georgia; and Meharry Medical College, in Nashville, Tennessee, will each receive $175m. These are the largest three donations ever…
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