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.

100 Top Colleges Vow To Enroll More Low-Income Students

College access and affordability: It’s a common topic in higher education — because college is the one place that can really be a catapult when it comes to moving up the economic ladder. And yet, research has shown that low-income students make up just 3 percent of the students that attend America’s most selective colleges.

And, it’s not that these students just aren’t there — every year tens of thousands of top students who don’t come from wealthy families never even apply to elite colleges. Universities are taking note — and banding together under something called the American Talent Initiative — a network backed by Bloomberg Philanthropies, the Aspen Institute and the research firm Ithaka S+R.

What U.S. Mayors Think About The Future Of Their Cities–And The Country

Bloomberg Philanthropies launched the $200 million American Cities Initiative in June 2017 to help city leaders develop new programs and policies that solve universal societal problems like affordable housing, poor public health, a lack of well-paying jobs, and even crime and climate change. The goal is to prototype radical interventions in one place, then share what’s working with others.

In Poor Countries, Antismoking Activists Face Threats and Violence

Mr. Bloomberg announced that he was donating $20 million to create a new global watchdog agency called Stopping Tobacco Organizations and Products — or S.T.O.P. — devoted to monitoring the industry’s deceptive tactics.

The Higher Education Movement Our Country Needs

Across our history, America has educated our citizens and future leaders far more effectively than other countries. U.S. education has always been a staple of national strength and global leadership.

With this idea in mind, dozens of college and university presidents are convening today at Bloomberg Philanthropies with a singular mission: to bolster our country’s leadership by sending 50,000 more highly-qualified lower-income students to top colleges and universities with high graduation rates by the year 2025.

This Contest Will Put Millions Into Ambitious Public Art

Several years ago, Bloomberg Philanthropies launched a competition to award struggling cities $1 million each for trying a novel approach at revitalization. It was called the Public Art Challenge, with the goal being that each place should think up some big, unifying, and life-improving masterpiece.

That effort has paid off beautifully. According to Bloomberg’s math, the four winning projects based in Los Angeles; Gary, Indiana; Spartanburg, South Carolina; and a triumvirate of Albany, Schenectady, and Troy in New York generated $13 million for those four places, both in terms of new jobs, related neighborhood investments, and visitor spending

Nine American cities are revolutionizing how data can improve lives

Bloomberg Philanthropies named the inaugural group of nine US cities to achieve What Works Cities certification, its standard for government effectiveness. Underpinning the certification is an evaluation of how well a city uses data-driven decisions to improve its residents’ lives.

All-In Philanthropy: The Story Of Bloomberg LP’s Rebuilding Team In The U.S. Virgin Islands

A member of Bloomberg’s on-the-ground team in St. John put it this way: “Bloomberg didn’t just cut a check to help the U.S. Virgin Islands – the company sent down some of the smartest disaster recovery experts with hurricane experience who can help navigate government bureaucracy and speed the recovery process. Potentially the most important resource we have down here is brainpower.”

Cities Growing More Powerful And That May Be Good For You

Bloomberg, who is the World Health Organization’s (WHO’s) Global Ambassador for NCDs, discussed with Margaret Chan, MD, who was the WHO’s Director General at the time, the possibility of forming a network of cities around the world that would agree to implement interventions to prevent NCDs. As Kelly Henning, MD, who has led the Bloomberg Philanthropies Public Health program since its inception in 2007, explained, “The WHO agreed that they would be well-placed to put forward such a cities initiatives and could serve as the implementing partner. The WHO representative for each country where each city is located has since been on board.”

A Shadow Delegation Stalks the Official U.S. Team at Climate Talks

According to a new report from America’s Pledge, a group led by Mr. Bloomberg and Mr. Brown, if the institutions working to meet the Obama targets were a separate country, they would be the third-largest economy in the world after the United States and China. Even as the Trump administration plans to roll back federal climate change policies like the Clean Power Plan, the study found, falling clean technology prices, the low price of natural gas and local carbon-cutting efforts have already cut domestic greenhouse gas emissions by 11.5 percent between 2005 and 2015.

Michael Bloomberg’s ‘war on coal’ goes global with $50m fund

The battle to end coal-burning, backed by billionaire Michael Bloomberg, is expanding out of the US and around the world in its bid to reduce the global warming threat posed by the most polluting fossil fuel.

Bloomberg, a UN special envoy on climate change and former mayor of New York city, has funded a $164m campaign in the US since 2010, during which time more than half the nation’s coal-fired power plants have been closed.

On Thursday, he announced a $50m (£38m) plan to expand the programme into Europe and then the rest of the world. The money will support grassroots campaigns, research on the health impacts of coal and legal action against coal plants that are breaking pollution rules.

At Cornell Tech, Art Engineered for the Imagination

Since the first crop of engineering graduate students arrived last month at the brand-new Cornell Tech campus on Roosevelt Island, many have been busy decoding the diagrams in Matthew Ritchie’s dynamic mural rising up four stories in the atrium of the Emma and Georgina Bloomberg Center, the main academic building.

Michael Bloomberg talks tough on health and junk food

Michael Bloomberg, businessman, philanthropist and former mayor of New York, with a net worth of $52.3bn, has added a near indigestible job title to his schedule over the past year: the World Health Organization ambassador for non-communicable diseases.

From Crop to Cup: How Cooperatives, Training and a Unique Partnership Is Changing Coffee and the Lives of Coffee Farmers in Rwanda

The Relationship Coffee Institute, formed by B Corp Sustainable Harvest in partnership with nonprofit Bloomberg Philanthropies, is educating Rwandan coffee farmers in agronomy, cupping and roasting. The Institute is proving that to improve the quality of coffee, you aim to improve the lives and opportunities of the coffee farmers.

Mike Bloomberg Explains His Novel Approach to Fighting Climate Change

In their new book, Climate of Hope, Bloomberg and Pope argue that the onus of saving the planet doesn’t just fall on Washington but rather local communities, businesses, and individuals.

Scientists to test 50 coral reefs to seek ways to counter climate change

Many people wrongly associate climate change only with heatwaves, storms and wildfires on land, Michael Bloomberg, the U.N. secretary-general’s special envoy for cities and climate change, said in a statement about the project.

“Some of the most disastrous effects of climate change are out of sight – on the ocean floor. In fact, unless we take urgent action, 90 percent of coral reefs are expected to disappear by 2050,” he said.

Global Coffee Report

But at the heart of the Rwandan coffee industry’s success is the role that is played by women. It is enhancing this role that has been the focus of the Relationship Coffee Institute, a partnership between Bloomberg Philanthropies and Sustainable Harvest to bring economic development to low-income rural women based in Rwanda. “An investment in women is an investment in the community, in the country and in the world,” Verna Eggleston, Director of the Bloomberg Philanthropies Women’s Economic Development program in Africa, tells Global Coffee Report.

Make Colleges Diverse

On Tuesday, Bloomberg’s foundation is starting an ambitious response, the American Talent Initiative. As some readers may know, this issue is a passion of mine, and I consider the project very promising.

It has a clear goal: The number of Pell Grant recipients (who tend to come from the bottom two-fifths of the income distribution) attending the 270 colleges with the highest graduation rates should rise 50,000 within 10 years. That would be an increase of more than 10 percent.

To get there, Bloomberg is creating a coalition of colleges that publicly commit to become more diverse.

Michael Bloomberg may be Big Tobacco’s biggest enemy

Kelly Henning, who leads public health efforts for Bloomberg Philanthropies, said in an interview that the new donation will help expand its previous work, such as getting countries to monitor tobacco use, introduce strong tobacco-control laws, and create mass media campaigns to educate the public about the dangers of tobacco use. The program includes 110 countries, among them China, India, Indonesia and Bangladesh.

10 Years Later: Bloomberg’s Big Bet on Tobacco Reduction

It comes out to less than a dollar a person: Since 2006, Bloomberg Philanthropies’ investment of more than $600 million to reduce tobacco use has helped protect nearly 1.7 billion people from smoking’s health hazards, primarily in low- and middle-income countries. The bet—while risky—offered a strong opportunity for philanthropy to play a role. Despite data indicating tobacco’s danger to public health as well as evidence about high-impact policies, “no one had really taken the evidence base on to implement it,” says Dr. Kelly Henning, Program Lead for Bloomberg’s Public Health program.

These Mayors Are Being Rewarded For Making Their Cities Stronger and More Self-Reliant

The City of São Paulo, Brazil will receive $5 million for winning the Bloomberg Philanthropies’ Latin American and Caribbean Mayors Challenge, a competition in which city leaders propose ambitious solutions to combat some systemic urban problem within the region.