Mayor Bloomberg donates $350 million to Johns Hopkins University - FOX 10 News | fox10phoenix.com

Mayor Bloomberg donates $350 million to Johns Hopkins University

Posted: Updated:

New York City Mayor Michael Bloomberg is giving $350 million to alma mater Johns Hopkins University, increasing his lifetime giving the university past $1 billion.  

University officials say Bloomberg is now the first person to give more than $1 billion to a single U.S. university.  

$250 million will go toward a variety of cross-disciplinary subjects, including research on water resources, health care, global health, the science of learning and urban revitalization.  The remaining $100 million will go to need-based financial aid for undergraduate students, awarding 2,600 Bloomberg scholarships in the next 10 years.  

"Johns Hopkins University has been an important part of my life since I first set foot on campus more than five decades ago," Bloomberg said in a statement released by the university. "Each dollar I have given has been well-spent improving the institution and, just as importantly, making its education available to students who might otherwise not be able to afford it."  

Bloomberg, a 1964 graduate, has remained closely involved with the university, including stints on its board of trustees from 1996 to 2002 and as chairman of Johns Hopkins Initiative fundraising campaign.  

He made a past gift of $120 million toward the construction of a children's section at The John Hopkins Hospital in honor of his late mother.

  • Manhattan NewsManhattan NewsMore>>

  • Mayor: NYC will learn from 2004 RNC 'mistakes'

    Mayor: NYC will learn from 2004 RNC 'mistakes'

    Wednesday, August 27 2014 6:35 AM EDT2014-08-27 10:35:46 GMT
    Brooklyn's final pitch to hold the 2016 Democratic national convention was centered on New York City's robust mass transit system -- and a pledge to learn "from the mistakes" from the last time the city hosted a presidential convention. The Republicans gathered in New York in 2004 to re-nominate President George W. Bush, choosing to meet in deep-blue Manhattan less than three years after the Sept. 11 terror attacks.
    Brooklyn's final pitch to hold the 2016 Democratic national convention was centered on New York City's robust mass transit system -- and a pledge to learn "from the mistakes" from the last time the city hosted a presidential convention. The Republicans gathered in New York in 2004 to re-nominate President George W. Bush, choosing to meet in deep-blue Manhattan less than three years after the Sept. 11 terror attacks.
  • Union says city too dangerous to host convention

    Union says city too dangerous to host convention

    Wednesday, August 27 2014 6:32 AM EDT2014-08-27 10:32:12 GMT
    One of New York City's police unions says it is opposed to the city's bid for Brooklyn to host the 2016 Democratic National Convention, saying that crime is on the rise and criticizing Mayor Bill de Blasio's public safety policies.The Sergeants Benevolent Association, which has 13,000 members, says the city was "lurching backwards to the bad old days of high crime."
    One of New York City's police unions says it is opposed to the city's bid for Brooklyn to host the 2016 Democratic National Convention, saying that crime is on the rise and criticizing Mayor Bill de Blasio's public safety policies.The Sergeants Benevolent Association, which has 13,000 members, says the city was "lurching backwards to the bad old days of high crime."
  • Fighting street harassment

    Fighting street harassment

    Tuesday, August 26 2014 6:37 PM EDT2014-08-26 22:37:24 GMT
    New York City women are tired of hearing vile things yelled at them as they walk down the street. Many women are going public about street harassment and catcalling. Some even post picture of their offenders on social media. Founded in 2005, Hollaback! is an anti-harassment organization giving women a platform to do just that.
    New York City women are tired of hearing vile things yelled at them as they walk down the street. Many women are going public about street harassment and catcalling. Some even post picture of their offenders on social media. Founded in 2005, Hollaback! is an anti-harassment organization giving women a platform to do just that.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices