Press Coverage

The talent is out there. So why don’t elite colleges enroll more low-income students?

We worked with Bloomberg Philanthropies and a group of high-graduation-rate colleges — now numbering more than 100 — to form the American Talent Initiative (ATI). ATI is based on the belief that colleges can achieve more by working together — making shared commitments to prioritize socioeconomic diversity, holding one another accountable, and sharing strategies that work — than by going it alone. Unlike previous attempts to address this challenge, we’ve set a concrete goal: enroll and graduate 50,000 additional low- and middle-income students per year at high-graduation-rate colleges and universities by 2025.

CoffeeTalk: Women’s Economic Development

This year marks the tenth anniversary of the Women’s Economic Development program, a Bloomberg Philanthropies Founder’s Project dedicated to promoting work opportunities for women in Sub-Saharan Africa and beyond.

The Head of Bloomberg Philanthropies’ Arts Program on Harnessing the “Power of the Creative Sector”

Bloomberg has proven to be well ahead of the curve in an arts funding landscape that finds donors increasingly concerned about engaging diverse audiences, supporting smaller cash-strapped organizations and articulating the value of the “arts experience.”

Virtual Advisers Help Out With College Admissions

Johnny and Theresa have been checking in like this all school year, paired up through a program called CollegePoint that’s funded by Bloomberg Philanthropies. Here’s how it works. When a high school student like Johnny takes the PSAT or SAT and they do well, and they come from low-income or moderate-income families, they get an e-mail from the program offering them a free virtual adviser.

RwandAir partners Question Coffee to create economic opportunities for women

The airline is proud to advance the Made in Rwanda initiative through its industry leadership by offering Question Coffee and will be connecting the world to locally grown and roasted coffee.

Question Coffee is a social enterprise funded by Bloomberg Philanthropies and powered by 27,000 women who are now managing their own businesses and supporting their families in Rwanda.

What’s the Biggest Challenge for Colleges and Universities?

One of the biggest challenges in education today is an ideological disagreement over whether we should focus on getting every student accepted to a four-year college, or whether we should place far more emphasis on career preparation.

The truth is, we need to do both — and the problem is, we’re not doing either one very well.

Bloomberg Philanthropies bets $42 million on the power of cities

The annual report coincides with another Bloomberg announcement to commit $42 million to expand What Works Cities, especially to smaller cities–those with at least 30,000 people–in part because data shows it’s really working. (Key findings from the report include how Chattanooga, Tennessee is figuring out new ways to recruit for diversity within its police force. Twelve cities are now sharing similar lessons although it’ll take time to see the results.)

Mike Bloomberg Wants To Know Why More Than 29 Million Are Dying Each Year

This year more than 29 million people will die without a known clear cause. While this may sound like a plot for an Avengers movie, it’s actually a real-life, real-world problem that billionaire philanthropist Mike Bloomberg wants fixed.

Bloomberg Expands Arts Grant Program to Seven More Cities

Bloomberg Philanthropies is investing $43 million in more than 200 small and midsize cultural organizations in seven cities — Atlanta; Austin, Tex.; Baltimore; Denver; New Orleans; Pittsburgh; and Washington. “We wanted to reach cities that we thought had a really strong mix in the way they were serving up arts and culture,” said Kate Levin, who oversees arts programs at Bloomberg Philanthropies.

Michael Bloomberg donates $4.5M to U.N. climate body after U.S. cuts

Former New York City Mayor Michael Bloomberg has vowed to write a $4.5 million check to the United Nations body that oversees climate change negotiations to make up the shortfall in the agency’s budget caused by U.S. funding cuts.