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New York City Mayor Michael Bloomberg has given $350 million to his alma mater, Johns Hopkins University in Maryland.
The gift means the financial services magnate and philanthropist has topped $1 billion in total giving to the private university in Baltimore.
The university says $250 million from the latest donation will go to a variety of cross-disciplinary subjects, including water resources, health care, global health, the science of learning and urban revitalization.
The remaining $100 million will go to need-based financial aid for undergraduate students, awarding 2,600 Bloomberg scholarships in the next 10 years.
The mayor says he doesn't know any "other institution that can make a bigger difference in lives around the world through its groundbreaking research, especially in the field of public health."
Bloomberg graduated from Johns Hopkins in 1964.
Book News: Newly Found Pearl Buck Novel To Be Published This Fall
Also: shameless book blurbs; new plays from Ayad Ahktar; and a first edition of Harry Potter and the Philosopher's Stone draws a record price at auction.Nutrition Group Says Chocolate Milk Is OK, No Need For Aspartame
The nation's largest group of nutritionists is urging the FDA to reject the dairy industry's petition to change the definition of milk. The petition aims to allow aspartame or other alternatives to be used to sweeten milk in an effort to boost consumption in schools.Anthony Weiner Jumps Into Race To Be NYC Mayor
The former congressman's career appeared to be over when he resigned in 2011 because of an extramarital sexting scandal and his lies about it. Now, he tells voters, "I've made some big mistakes. ... I hope I get a second chance to work for you." The Democratic primary is set for Sept. 10.Microsoft Unveils Its new Xbox One
Microsoft has designs on your living room. The software giant's new game console — Xbox One — uses speech-recognition technology and physical commands. Not just to control games, but also your TV, Skype and recorded video. Microsoft demonstrated the new device Tuesday.Leave a Comment
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