Editing Michael Bloomberg (section)

=== Other educational and research philanthropy ===
In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at [[Harvard University]] with a $3&nbsp;million gift in honor of his father, who died in 1963, saying, "throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community."<ref>{{cite web |url=http://news.harvard.edu/gazette/1996/09.19/BloombergEndows.html |url-status=dead |title=Bloomberg Endows Professorship for Five Faculties |work=The Harvard University Gazette |date=September 19, 1996 |access-date=August 9, 2012 |archive-url=https://web.archive.org/web/20130526152422/http://news.harvard.edu/gazette/1996/09.19/BloombergEndows.html |archive-date=May 26, 2013 }}</ref>

In 2015, Bloomberg donated $100&nbsp;million to [[Cornell Tech]], the applied sciences graduate school of [[Cornell University]] on the school's Roosevelt Island campus.<ref>{{Cite news|url=https://www.nytimes.com/2015/06/16/nyregion/bloomberg-philanthropies-gives-100-million-to-cornell-tech.html|title=Bloomberg Philanthropies Gives $100 Million to Cornell Tech|date=June 16, 2015|newspaper=The New York Times|last1=Harris|first1=Elizabeth A.|url-access=limited}}</ref> Through Bloomberg Philanthropies, Bloomberg established the American Talent Initiative in 2016 which is committed to increasing the number of lower-income high-achieving students attending elite colleges.<ref>{{Cite web|last=Seltzer|first=Rick|date=December 13, 2016|title=Effort launches to boost low-income enrollment at top colleges|url=https://www.insidehighered.com/news/2016/12/13/effort-launches-boost-low-income-enrollment-top-colleges|access-date=August 7, 2020|website=www.insidehighered.com|language=en}}</ref><ref>{{Cite news|date=June 5, 2018|title=What's the Biggest Challenge for Colleges and Universities?|language=en-US|work=The New York Times|url=https://www.nytimes.com/2018/06/05/education/learning/biggest-challenge-for-colleges-and-universities.html|access-date=August 7, 2020|issn=0362-4331}}</ref> Bloomberg Philanthropies also supports CollegePoint which has provided advising to lower- and moderate-income high school students since 2014.<ref>{{Cite news|last=Anderson|first=Nick|date=March 27, 2018|title=Invisible no more: How advising programs are finding new talent for top colleges|newspaper=The Washington Post|url=https://www.washingtonpost.com/local/education/invisible-no-more-how-advising-programs-are-finding-new-talent-for-top-colleges/2018/03/27/4f5ec1a8-1b10-11e8-9de1-147dd2df3829_story.html|access-date=August 7, 2020}}</ref> In 2016, the [[Museum of Science, Boston]] announced a $50&nbsp;million gift from Bloomberg.<ref>{{cite news |url=https://www.nytimes.com/2016/10/19/arts/michael-bloomberg-gives-50-million-to-museum-of-science-boston.html |title=Michael Bloomberg Gives $50 Million to Museum of Science, Boston |last=Barone |first=Joshua |date=October 18, 2016 |newspaper=The New York Times |issn=0362-4331 |access-date=November 4, 2016 |url-access=limited}}</ref> Bloomberg credited the museum with sparking his intellectual curiosity as a patron and student during his youth in [[Medford, Massachusetts]].<ref>{{cite news |first=Penny |last=Schwartz |date=October 19, 2016 |url=https://forward.com/news/breaking-news/352254/michael-bloomberg-donates-50m-to-boston-museum-of-science/ |title=Michael Bloomberg Donates $50M to Boston Museum of Science |newspaper=The Forward |access-date=November 4, 2016}}</ref> It is the largest donation in the museum's 186-year history.<ref>{{cite news |url=https://www.bostonglobe.com/business/2016/10/17/museum-science-changed-michael-bloomberg-life-gives-back-with-million-gift/SFj5KnsTQfma3v0VWcLIqO/story.html |date=October 18, 2016 |first=Shirley |last=Leung |title=Museum of Science changed Michael Bloomberg's life. He gives back with a $50 million gift |newspaper=BostonGlobe.com |access-date=October 18, 2016}}</ref><ref>{{cite news |url=https://www.mos.org/Bloomberg|title=Thank you, Michael Bloomberg|publisher=Museum of Science, Boston}}</ref>

Bloomberg donated $100 million to America's four Historically Black Medical Schools in 2020 as part of Bloomberg Philanthropies' Greenwood Initiative, which tackles the racial wealth gap and addresses decades of underinvestment in Black communities.<ref>{{Cite news |last=Schumaker |first=Erin |date=6 September 2020 |title=Mike Bloomberg wants to solve America's Black doctor shortage |url=https://abcnews.go.com/Health/mike-bloomberg-solve-americas-black-doctor-shortage/story?id=72798886 |access-date=29 August 2024 |work=ABC News}}</ref><ref>{{Cite news |last=Contreras |first=Russell |date=18 September 2022 |title=Bloomberg Philanthropies unveils racial wealth gap database |url=https://www.axios.com/2022/09/18/bloomberg-philanthropies-racial-wealth-gap |access-date=29 August 2024 |work=Axios}}</ref><ref>{{Cite web |last=Roush |first=Ty |title=Michael Bloomberg Donates Record $600 Million To Four Historically Black Medical Schools |url=https://www.forbes.com/sites/tylerroush/2024/08/06/michael-bloomberg-donates-record-600-million-to-four-historically-black-medical-schools/ |access-date=2024-08-29 |website=Forbes |language=en}}</ref> The gift to [[Meharry Medical College]], [[Howard University College of Medicine]], [[Morehouse School of Medicine]] and [[Charles R. Drew University of Medicine and Science]] provided grants to reduce debt for students, meaning many medical students enrolled at the time and for the four years to follow would graduate free of debt.<ref>{{Cite news |date=3 September 2020 |title=Bloomberg Awards Meharry Medical College $34 Million for Student Debt, Largest Gift in College's History |url=https://tntribune.com/bloomberg-awards-meharry-medical-college-34-million-for-student-debt-largest-gift-in-colleges-history/ |access-date=29 August 2024 |work=The Tennessee Tribune}}</ref><ref>{{Cite news |last1=Merced |first1=Michael J. de la |last2=Sorkin |first2=Andrew Ross |date=2020-09-03 |title=Michael Bloomberg to Give $100 Million to Historically Black Medical Schools |url=https://www.nytimes.com/2020/09/03/business/dealbook/bloomberg-black-medical-schools-donation.html |access-date=2024-08-29 |work=The New York Times |language=en-US |issn=0362-4331}}</ref>

In 2024, Bloomberg again made a donation to the nation's Historically Black Medical Schools — this time gifting $600 million to the four schools to support their endowments.<ref name=":9">{{Cite news |last1=Price |first1=Todd A. |last2=Cuevas |first2=Eduardo |date=6 August 2024 |title=HBCU medical programs get massive cash infusion from Bloomberg Philanthropies |url=https://www.usatoday.com/story/news/health/2024/08/06/bloomberg-philanthropies-hbcu-donation/74685074007/ |access-date=29 August 2024 |work=USA Today}}</ref> These endowments are 'significantly underfunded' due to entrenched discrimination.<ref>{{Cite news |last1=Hartocollis |first1=Anemona |last2=Blinder |first2=Alan |date=2024-08-06 |title=Historically Black Medical Schools Land a $600 Million Donation |url=https://www.nytimes.com/2024/08/06/us/donation-historically-black-medical-schools-bloomberg.html |access-date=2024-08-29 |work=The New York Times |language=en-US |issn=0362-4331}}</ref> For three of the schools, the gift will more than double the size of their endowments.<ref name=":10">{{Cite news |last=Beaty |first=Thalia |date=6 August 2024 |title=Bloomberg gives $600 million to four Black medical schools' endowments |url=https://apnews.com/article/mike-bloomberg-hbcu-medical-schools-morehouse-meharry-howard-charles-drew-d997c100e4161dffd03e282d8df31c70 |access-date=29 August 2024 |work=The Associated Press}}</ref> The donation also includes $5 million to help [[Xavier University of Louisiana|Xavier University]] to establish a new medical school.<ref name=":10" /> Despite underfunding, the four Historically Black Medical Schools graduate nearly half of the nation's Black doctors.<ref name=":9" />