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Businessman and former New York Mayor Michael Bloomberg has given the Johns Hopkins Bloomberg School of Public Health $300 million to focus on five challenges the school's experts say are contributing to a decline in Americans' life expectancy.The gift, which coincides with the school's 100th anniversary, is the largest donation ever made to the school, and the first to focus solely on domestic health challenges, rather than the global illnesses, such as HIV and malaria, on which the school has made its mark.The gift brings Bloomberg's total donations to Johns Hopkins institutions to $1.5 billion. The media magnate earned a bachelor's degree at the university in 1964.The $300 million is to fund new faculty positions and fellowships, research and scholarships as part of the Bloomberg American Health Initiative.The initiative is to target drug addiction, obesity, gun violence, adolescent health and environmental threats — challenges now understood as public health problems that are … [Read more...] about Michael Bloomberg gives $300 million to Hopkins for U.S. health initiative

Baltimore is among seven new cities where Bloomberg Philanthropies plans to invest a total of $43 million in arts and culture nonprofits.Bloomberg Philanthropies is expanding its Arts Innovation and Management program, which works to strengthen small and midsize cultural organizations. The organization will aim to invest in about 200 groups across Atlanta; Austin, Texas; Baltimore; Denver; New Orleans; Pittsburgh and Washington, D.C.Bloomberg Philanthropies asked 15 Baltimore organizations to apply for the invitation-only grants on Thursday. The group declined to disclose the groups selected.“We have a lot of interest in Baltimore here at Bloomberg Philanthropies in lots of ways, in lots of reasons — dynamic city, dynamic mayor,” said Kate Levin, who oversees Bloomberg Philanthropies’ arts programs. “The cultural sector is something that we think could really contribute to the city’s strength.”Through the AIM grants, each organization receives … [Read more...] about Bloomberg Philanthropies wants to help grow Baltimore arts groups

Goldman Sachs and Bloomberg Philanthropies are scheduled to announce a $10 million investment Wednesday to launch a training and loan program for small businesses in Baltimore.The program, called 10,000 Small Businesses, is intended to give small businesses a jolt of energy, new ideas — and maybe a little cash — to jump-start growth and spur hiring.“This is for the betterment of Baltimore,” Mayor Catherine Pugh said. “To have this kind of investment in our city, I think, bodes well for Baltimore.”The announcement is to coincide with a graduation ceremony at Center Stage Wednesday for about 60 business owners who participated in two pilot sessions of the program earlier this year. Goldman Sachs CEO Lloyd Blankfein; former New York City Mayor Michael R. Bloomberg, whose charitable giving is managed by Bloomberg Philanthropies, and billionaire businessman Warren E. Buffett, all of whom serve on the program’s advisory council, are expected to … [Read more...] about Goldman Sachs, Bloomberg Philanthropies invest $10M to bring small-business program to Baltimore