PHILANTHROPY

According to the Chronicle of Philanthropy, Mike Bloomberg donated and/or pledged $138 million in 2004, $144 million in 2005, $165 million in 2006, and $205 million in 2007, making him the seventh largest individual contributor to philanthropy in the United States for 2007. 2006 recipients include the Campaign for Tobacco-Free Kids; Centers for Disease Control and Prevention; Johns Hopkins Bloomberg School for Public Health; World Lung Foundation and the World Health Organization. In 2008, Bloomberg's website announced a combined donation of $500 million with Bill Gates to help governments in developing countries with tobacco control.

According to The New York Time Bloomberg has been an “anonymous donor” to the Carnegie Corporation each year for the last several years, with gifts ranging from $5-$20 million. The Carnegie Corporation has distributed this contribution to hundreds of New York City organizations ranging from the Dance Theater of Harlem to Gilda’s Club, a not-for-profit organization that provides support to people and families living with cancer.

In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at Harvard with a $3 million gift in honor of his father, who died in 1963, saying, "throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community." He also endowed his hometown synagogue, Temple Shalom, which was renamed for his parents as the William and Charlotte Bloomberg Jewish Community Center of Medford.

Bloomberg's personal net worth, in addition to aiding his political career, has allowed him to engage in substantial philanthropic endeavors, including the donation of over US $300 million to Johns Hopkins University, where he served as the chairman of the board from 1996 to 2002.According to the Chronicle of Philanthropy, Mike Bloomberg donated and/or pledged $138 million in 2004, $144 million in 2005, $165 million in 2006, and $205 million in 2007, making him the seventh largest individual contributor to philanthropy in the United States for 2007. 2006 recipients include the Campaign for Tobacco-Free Kids;