Bloomberg Philanthropies is committed to the core belief that women are central to economic growth. The Women’s Economic Development program partners with governments, nonprofits, and the private sector to create opportunities for women that lead to economic independence.
During his campaign for president, Mike Bloomberg rolled out an ambitious plan, called The Greenwood Initiative, to tackle the racial wealth gap and address decades of underinvestment in Black communities. Bloomberg Philanthropies has since taken on the plan’s objectives, supporting partners and institutions that have proven track records of increasing economic and social mobility to fulfill the initiative’s mission of creating intergenerational wealth for Black people in America.
Mike Bloomberg’s special commitment to Johns Hopkins University, his alma mater, has been transformative, supporting scientific research and providing financial aid for students from low- and middle-income families. Since his first donation of $5 in 1964, Mike Bloomberg’s total giving to the university has reached more than $3.3 billion.
In 2006, Mike Bloomberg became the chair of the 9/11 Memorial & Museum, the country’s principal institution to honor the memories of the victims, preserve the history, and explore the complex impact of the 9/11 attacks. During his time as mayor, Mike and his administration spearheaded the planning and development of the 9/11 Memorial & Museum.
The Ronald O. Perelman Performing Arts Center at the World Trade Center is designed to be a unique venue for theater, dance, music, and chamber opera, offering artists new possibilities for theatrical design and innovative work. The Perelman is the final piece of the rebuilding of the World Trade Center site and will be completed in late 2022.
In 2020, Bloomberg Philanthropies and the Medford Public Library Foundation announced that the new public library being constructed in the City of Medford would be named the Charlotte and William Bloomberg Medford Public Library in honor of Mike Bloomberg and Marjorie Bloomberg Tiven’s parents.
Everytown for Gun Safety is America’s largest gun violence prevention organization. Co-founded by Mike Bloomberg, it brings together nearly six million supporters who push for common-sense public safety policies that respect Second Amendment rights and reduce gun violence.
Top photo: Local students attend the dedication ceremony of the William and Charlotte Bloomberg Science Education Center at the Boston Science Museum, named in honor of Mike Bloomberg’s late parents.