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Bloomberg commits $350 million for professorships, financial aid

Transformational gift facilitates cross-disciplinary work
Posted April 30, 2013
Michael R. Bloomberg addresses participants of the January summit on gun violence at the Bloomberg School of Public Health. Michael R. Bloomberg addresses participants of the January summit on gun violence at the Bloomberg School of Public Health.

New York Mayor and Hopkins alumnus Michael Bloomberg has committed $350 million to Johns Hopkins University. The majority of the gift, $250 million, will create professorships for new cross-disciplinary research and educational initiatives in the areas of water sustainability, individualized health care, global health, the science of learning, and urban revitalization. The additional $100 million will support need-based undergraduate financial aid.

Bloomberg’s giving to Hopkins started with $5 the year after he graduated. This commitment brings his lifetime giving total to $1.1 billion, which has transformed every corner of the university and made him the most generous living donor to any educational institution in the United States.