The four schools were selected in part due to their high graduation rates among Black medical students and for their "proven track records of increasing economic and social mobility."
As generous as Bloomberg's latest gift may be, the total pales in comparison to some of the other charitable donations he has made to universities in the past. Since graduating from Johns Hopkins University in 1964, Bloomberg has given over $3.35 billion to his alma mater, a combined totalever made to an American academic institution.
Some critiqued the large gift, suggesting that it would have been better spent distributed among schools with greater needs.
MakeIt How’d that $100million pledge to Democrats work out?