Bloomberg Donates $600 Million to Historically Black Medical Schools

The unprecedented gift aims to bolster endowments and support the training of Black doctors amid ongoing health disparities.

The $600 million donation is the largest ever to Black medical schools in the U.S.
Funds will be distributed among Meharry Medical College, Howard University, Morehouse School of Medicine, and Charles Drew University.
Bloomberg's gift follows the Supreme Court's affirmative action ruling, highlighting the need for diversity in medicine.
Historically Black medical schools train 70% of the nation's Black doctors, addressing critical health inequities.
The donation is part of Bloomberg Philanthropies' broader effort to close the racial wealth gap and improve health outcomes.