[1] Headquartered in New York City, Bloomberg Philanthropies focuses its resources on five areas: the environment, public health, the arts, government innovation and education.
"[17] Building on the momentum of the Beyond Coal work, Bloomberg Philanthropies launched Beyond Carbon, taking aim at natural gas and combustion-driven cars.
[25] In conjunction with the film, Bloomberg Philanthropies announced a new commitment and crowdfunding campaign to support "entities backing economic development in communities that are historically dependent on the coal industry, and have suffered as plants have closed.
[28] In 2012, Bloomberg Philanthropies made a $6 million donation to the Environmental Defense Fund to help secure strong state-level regulations for hydraulic fracturing.
[29] In January 2014, Bloomberg Philanthropies committed $53 million to Vibrant Oceans Initiative over the course of five years to help reform fisheries and increase sustainable populations.
[30] In April 2014, Bloomberg Philanthropies invested $5 million in Little Sun, a solar-powered lamp company founded by artist Olafur Eliasson and entrepreneur Frederik Ottesen.
[40] In October 2020, Bloomberg Philanthropies was announced as one of the alliance partners of Prince William's Earthshot Prize, to find solutions to environmental issues.
The initiative will focus on delivering data and research to governments and decision makers to aid and accelerate renewable investments; developing public awareness; working with countries to implement transition policies through international collaboration; launching clean energy pilot projects; and exploring strategies to phase out coal use.
[46] Bloomberg Philanthropies and eight other foundations announced in June 2022 they would partner on a $1 billion commitment to support ocean conservation and marine protection.
[49] Following new commitments in December 2016, Bloomberg Philanthropies reached a total of $1 billion in its campaign to reduce tobacco use, especially in low- and middle-income countries.
[52] In March 2013, Bloomberg Philanthropies donated $100 million to help the Bill and Melinda Gates Foundation eradicate polio worldwide.
[64] On June 21, 2016, Bloomberg Philanthropies announced the official launch of health partnerships with the first 18 participant countries, which include China, India, Sri Lanka, Myanmar, Bangladesh, Indonesia, the Philippines, Brazil, Ecuador, Malawi, Morocco, Papua New Guinea, Peru, Rwanda, Solomon Islands, Tanzania, and Zambia.
[68][69] In 2020, Bloomberg Philanthropies announced it would double its ongoing effort to fight road traffic deaths worldwide with $240 million in additional funds through 2025 focusing on speed management and enforcement, infrastructure design and vehicle safety.
The winning proposals came from Gary, Indiana; Los Angeles, CA; Spartanburg, SC; and a joint effort between Albany, Schenectady, and Troy, NY.
[81][82] Local artists created public art pieces across 16 different locations to remind LA residents of the city's important relationship with water, in the face of record-setting drought and the ongoing work to revitalize the Los Angeles River.
[91] In August 2014, Bloomberg Philanthropies invested $45 million for grants to implement Innovation Delivery Teams in city governments across the United States.
[92] In March 2013, Bloomberg Philanthropies announced Providence, R.I. as the winner of the Mayors Challenge, an initiative intended to foster innovation in America's cities.
[93] In September 2014, Barcelona was announced as the winner of the European Mayors Challenge, and the city was awarded €5 million to help improve the quality of life for elderly residents.
[95] In November, Mike Bloomberg announced that São Paulo, Brazil had won the $5 million grand prize for a project that helped farmers connect to urban markets.
[99] In fall 2018, nine cities were announced as the winners: Denver, CO; Durham, NC; Fort Collins, CO; Georgetown, TX; Huntington, WV; Los Angeles; New Rochelle, NY; Philadelphia; and South Bend, IN.
During the first year of the COVID-19 pandemic, Bloomberg Philanthropies through its government innovation program had organized weekly calls with mayors as well as public health chiefs and other political leaders to trade information and ideas.
[110][111] In May 2022, Bloomberg announced the launch of a $50 million national program to ensure that all cities and towns have access to federal infrastructure funding, to drive local recovery and aid in improving communities for residents.
[112] Bloomberg Philanthropies focuses on driving public policy initiatives and education leadership at a local level as a means to improving America's school system.
[113] In October 2014, Bloomberg Philanthropies launched a $10 million program to help top-performing students from low- and middle-income families apply to and graduate from the nation's top colleges.
[121] And in 2024, Bloomberg Philanthropies donated $1 billion to make medical school free for most students and increase financial aid for nursing, public health and other graduate programs.
[124] In February 2024, Bloomberg Philanthropies announced plans to invest in Kyiv's digital services, with a particular focus on addressing the urgent mental health needs of its residents.
[130] While hosting the U.S.-Africa Business Forum on September 23, 2016, Bloomberg Philanthropies announced a $10 million grant to the Relationship Coffee Institute to support the expansion of its ongoing women's economic development initiatives in Rwanda and Democratic Republic of Congo.
[131][132] The renewed financial commitment will enable the institute to provide an additional 20,000 women in both countries with business training and connections to international coffee markets.