*Former New York City Mayor Michael Bloomberg is continuing his philanthropic efforts by donating a substantial sum to several Historically Black College and University (HBCU) medical schools.
The Cassisu Life reports that the presidents of Howard University College of Medicine, Morehouse School of Medicine, and Charles R. Drew University of Medicine and Science were recently invited to a meeting with Bloomberg Philanthropies in New York. Initially expecting a discussion about a previous $100 million donation for student debt relief, they were surprised to learn they would each receive an additional $175 million.
Nashville’s Meharry Medical College added a $75 million gift, increasing the total donation to $600 million.
“We have much more to do to build a country where every person, regardless of race, has equal access to quality health care – and where students from all backgrounds can pursue their dreams,” Bloomberg said.
“I’m excited for what this history-making gift will mean for Black physicians, Black medical school students and faculty and communities across the United States,” Dr. Yolanda Lawson, the present of the National Medical Association, said in a statement.
“This investment will directly improve the pipeline for Black physicians and help to close the health care disparity gap,” Dr. Lawson continued.
In a statement on Twitter, Howard University president Ben Vinson III, wrote, “Today, I joined other HBCU medical college presidents for an extraordinary announcement of a $600 million gift by Michael Bloomberg and the Bloomberg Greenwood Initiative to 4 historically Black medical colleges at the annual @NationalMedAssn Convention and Scientific Assembly in #NYC. Howard University will receive a $175 million gift as part of this gift.”
He added, “This transformative investment is a commitment to tackle the racial wealth and health gap and address decades of underinvestment in Black communities.”
The statement continued, “The ripple effects of this gift will extend far beyond our campus, touching the lives of countless patients who will benefit from the expertise and compassion of Howard University College of Medicine graduates,” Vinson wrote. “Thank you @Bloombergdotorg for planting a seed that will grow and give back to our students, our community, and the world at large. Together, we are building a legacy of excellence and compassion in healthcare that will endure for generations.”
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