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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.
Fictional 'Mothers' Reveal Facts Of A Painful Adoption Process
After years trying to conceive, novelist Jennifer Gilmore and her husband decided to adopt. What they thought would be a relatively simple process was instead a long and painful one. In her latest novel, Gilmore channels these autobiographical experiences into fiction.In Raw Milk Case, Activists See Food Freedom On Trial
Activists say the case against Wisconsin dairy farmer Vernon Hershberger is about raw milk — and much more. His supporters have turned the case into a rallying cry for personal food freedom and the rights of farmers and consumers to enter into private contracts without government intervention.Lois Lerner's Brief And Awful Day On Capitol Hill
The IRS bureaucrat showed up long enough at a House hearing into the scandal engulfing her agency to declare her innocence and her constitutional right to say no more.How That 'Nigerian Email Scam' Got Started
You've probably seen it in your inbox before: Someone who claims to have come into a fortune needs your help. You can share in the profits — if you send along a deposit or your bank account number. Boston Globe correspondent Finn Brunton talks about the history of the "Nigerian prince" or "419" scam, which actually got its start long before email.Leave a Comment
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