Mayor Bloomberg donates $350 million to Johns Hopkins University - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

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>>

  • Broadway preview: 'It's Only a Play'

    Broadway preview: 'It's Only a Play'

    Thursday, August 28 2014 6:12 PM EDT2014-08-28 22:12:00 GMT
    Matthew Broderick, Nathan Lane, Stockard Channing, F. Murray Abraham, and Megan Mullally are just some of the names heading back to Broadway. Legendary playwright and four-time tony winner Terrence McNally leads the all-star cast in the new Broadway play appropriately titled It's Only a Play.
    Matthew Broderick, Nathan Lane, Stockard Channing, F. Murray Abraham, and Megan Mullally are just some of the names heading back to Broadway. Legendary playwright and four-time tony winner Terrence McNally leads the all-star cast in the new Broadway play appropriately titled It's Only a Play.
  • Mayor pushes back pre-k concerns

    Mayor pushes back pre-k concerns

    Thursday, August 28 2014 5:16 PM EDT2014-08-28 21:16:48 GMT
    Mayor Bill de Blasio, educators and city leaders gathered at p.s. 307 in Brooklyn on Thursday to talk with pride about more than 50,000 kids who have enrolled in pre-kindergarten. Universal full-day pre-k was a platform of his campaign when he ran for mayor.Schools Chancellor Carmen Farina also feels the pre-k program is ready for launch.
    Mayor Bill de Blasio, educators and city leaders gathered at p.s. 307 in Brooklyn on Thursday to talk with pride about more than 50,000 kids who have enrolled in pre-kindergarten. Universal full-day pre-k was a platform of his campaign when he ran for mayor.Schools Chancellor Carmen Farina also feels the pre-k program is ready for launch.
  • Joan Rivers rushed to NYC hospital

    Joan Rivers rushed to NYC hospital

    Thursday, August 28 2014 2:34 PM EDT2014-08-28 18:34:49 GMT
    Joan Rivers was reportedly rushed to a hospital in New York City Thursday morning after she stopped breathing during a throat surgery.  The TV host and comedian was apparently undergoing the procedure in a clinic when she stopped breathing.
    Joan Rivers was reportedly rushed to a hospital in New York City Thursday morning after she stopped breathing during a throat surgery.  The TV host and comedian was apparently undergoing the procedure in a clinic when she stopped breathing.
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

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