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Time Out New York: A beautiful new theater is opening at the World Trade Center later this year

February 28, 2023

Downtown New York is in dire need of a proper performance space and the neighborhood is finally getting one in the form of the Perelman Performing Arts Center (PAC), which is set to open by the World Trade Center this upcoming September. The cultural institution has been a long time coming, with talks regarding it kicking off when Michael Bloomberg, now a chairman on the project, first became mayor nearly two decades ago. Considering the scope of the new eight-story building, the timeline certainly makes sense.

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Education

Politico Pro: Bloomberg Philanthropies commits $5.2M for high school peer advisory program

February 1, 2023

Former Mayor Michael Bloomberg’s philanthropic organization pledged $5.2 million to help develop the Department of Education and the City University of New York’s college and career peer advisory program for New York City public high school students.

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Government InnovationBloomberg Associates

Route Fifty: A ‘Bootcamp’ to Help Smaller Cities Win Infrastructure Grants

January 8, 2023

The bootcamps are free to cities, with Bloomberg Philanthropies and a number of other foundations and philanthropic organizations providing financial support for the initiative.

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Arts

Crain’s New York Business: How arts organizations got the app they needed—for free

December 20, 2022

Bloomberg Philanthropies launched an app, Bloomberg Connects, before the 2020 pandemic closures. By the time the Frick was working on the details of its Madison Avenue opening, Bloomberg Philanthropies was looking for more museum partners to give the app a try. The Frick got on the app, allowing it to create 150 audio guides, in-house. Creating previous audio guides required the help of an outside recording partner. A year and a half later, nearly a third of Frick visitors use the app. So do users at more than 100 cultural organizations around the world, including 25 in New York. This month the Metropolitan Museum of Art became among the latest to participate.

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Education

New York Daily News: More than 1,000 NYC first graders’ college savings accounts set to grow by total of $1 million

December 13, 2022

Roughly 1,200 first graders from a Brooklyn school district with the city’s highest proportion of Black students are seeing $1,000 added to their new college savings accounts, the result of donations from Bloomberg Philanthropies and a local foundation.

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Environment

The New York Times: Michael Bloomberg announces a new initiative to phase out coal in 25 countries

November 7, 2022

Michael Bloomberg, the former mayor of New York City and now a special envoy on climate change for the United Nations, announced a new international plan on Monday to help 25 countries in Africa, Asia and Latin America phase out coal by 2040. The announcement from Mr. Bloomberg, a billionaire philanthropist who has given more than $500 million to help end coal use in the United States, did not include a new financial pledge.

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Government Innovation

The Guardian: Cities around the world offered chance to win $1m to build cycle lanes

October 10, 2022

Cities around the world will have the chance to compete for $1m (£902,000) in funding as well as expertise to build new cycling infrastructure under a plan launched by the charitable foundation set up by Mike Bloomberg, who as New York mayor pioneered new bike lanes in the city. Under the scheme, launched on Monday by Bloomberg Philanthropies, 10 cities will be awarded up to $1m each to create safe cycling routes, and will also be given help designing the schemes and on engaging with residents and potential opposition.

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Founder's Projects

Axios: Bloomberg Philanthropies unveils racial wealth gap database

September 18, 2022

Bloomberg Philanthropies has launched an interactive database around racial wealth disparities aimed at increasing Black wealth accumulation.

Why it matters: Two years into a national reckoning following the death of George Floyd, banks and cities are experimenting with programs to expand homeownership among people of color. The new database could provide important information for such initiatives.

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Bloomberg Associates

Forbes: The Miracle Of Milan: Taming Car Use With Paint And Ping-Pong

July 11, 2022

Sadik-Khan is now a principal of Bloomberg Associates, the consulting arm of Bloomberg Philanthropies. She advised Mayor Sala on his Piazza Aperte program, a relatively cheap but highly effective reimagination of the public realm, started in 2018. The program was expanded and accelerated during the pandemic: Milan was the first Italian city to be impacted by COVID-19.

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Arts

The Washington Post: Art painted on crosswalks makes streets safer, group says

June 8, 2022

The mural — which was created with a group of art students from a local arts nonprofit — is one of three new crosswalk art projects in Richmond, all part of Bloomberg Philanthropies’ Asphalt Art Initiative. The nonprofit has funded 42 street murals in 41 cities across the country since 2019, with grants of up to $25,000. As part of the project, Bloomberg Philanthropies partnered with Sam Schwartz Engineering, a consulting firm, to explore what effect the street art was having on safety. The results of the study, published in April, showed a drop in the number of collisions in areas with art.

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