Mayor Bloomberg donates $350 million to Johns Hopkins University - FOX 35 News Orlando

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>>

  • Andy Golub's NYC Bodypainting Day

    Andy Golub's NYC Bodypainting Day

    Wednesday, July 30 2014 10:43 PM EDT2014-07-31 02:43:52 GMT
    The saying art is autobiographical takes on a whole new meaning when your canvas is a fully nude human body, as it is for artist Andy Golub. Andy along with 30 other artists and 45 Technicolor models paraded around several Manhattan hotspots over the weekend for NYC Body Painting day. Believe or not, this is completely legal in New York City.
    The saying art is autobiographical takes on a whole new meaning when your canvas is a fully nude human body, as it is for artist Andy Golub. Andy along with 30 other artists and 45 Technicolor models paraded around several Manhattan hotspots over the weekend for NYC Body Painting day. Believe or not, this is completely legal in New York City.
  • Protestors rally against NYPD's 'broken windows' policing

    Protestors rally against NYPD's 'broken windows' policing

    Wednesday, July 30 2014 10:07 PM EDT2014-07-31 02:07:39 GMT
    Emotions about police brutality were still raw at a protest in Harlem Wednesday night. Eric Garner died after police put him in an apparent choke hold. Cops stopped garner for the minor offense of selling loose cigarettes in Staten Island. Officers had been enforcing the so-called broken windows policy.
    Emotions about police brutality were still raw at a protest in Harlem Wednesday night. Eric Garner died after police put him in an apparent choke hold. Cops stopped garner for the minor offense of selling loose cigarettes in Staten Island. Officers had been enforcing the so-called broken windows policy.
  • WTC shipwreck mystery solved

    WTC shipwreck mystery solved

    Wednesday, July 30 2014 6:08 PM EDT2014-07-30 22:08:14 GMT
    Archeologists say they've solved a mystery that started with the rebuilding at ground zero. During the excavation at the World Trade Center Site, workers uncovered part of an old ship. No one knew where it came from. Now after years of study, researchers believe the sloop dates back to 1773, built from wood harvested from Pennsylvania, the same kind used to build Independence Hall.
    Archeologists say they've solved a mystery that started with the rebuilding at ground zero. During the excavation at the World Trade Center Site, workers uncovered part of an old ship. No one knew where it came from. Now after years of study, researchers believe the sloop dates back to 1773, built from wood harvested from Pennsylvania, the same kind used to build Independence Hall.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

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