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Bloomberg Philanthropies is gifting $1 billion to make medical school free for the majority of students at Johns Hopkins University, joining other high-profile donors who have contributed to ...
This is not the first major donation Johns Hopkins has received from Bloomberg Philanthropies. In 2018, the organization gave the school $1.8 billion to be used for undergraduate financial aid.
Most medical students at Johns Hopkins University will no longer pay tuition thanks to a $1 billion gift from Bloomberg Philanthropies announced Monday. Starting in the fall, the donation will ...
Harvard University, with a $49.495 billion endowment as of FY2023, is the wealthiest university in the world. Many colleges and universities in the United States maintain a financial endowment consisting of assets that are invested in financial securities, real estate, and other instruments.
In 2024, Bloomberg announced a $1 billion gift to Johns Hopkins University to make tuition free for all medical school students whose families make under $300,000 a year, beginning in the fall of 2024. [272] The donation also increases financial aid for students enrolled in nursing, public health and other graduate programs. [281]
Michael Bloomberg – donations include over US$1.1 billion to Johns Hopkins University; Michael Dell – established the Michael and Susan Dell Foundation, which focuses on grants, urban education, childhood health, and family economic stability
Next on the list is the $1 billion Michael Bloomberg gave through his Bloomberg Philanthropies to Johns Hopkins University to make medical school free for most students and provide more financial ...
Altogether, four of the top donations on the list, totaling $2.3 billion, went to support financial aid. Three contributions were made to donors’ own foundations, and those gifts totaled $2.3 billion as well. Three other donations supported medical research or treatment, and one gift each went to support civic engagement and arts and culture.