Bloomberg Philanthropies invests in 700 cities and 150 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on creating lasting change in five key areas:
Bloomberg Philanthropies encompasses all of Michael R. Bloomberg’s giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a philanthropic consultancy that advises cities around the world. In 2024, Bloomberg Philanthropies distributed $3.7 billion.
Bloomberg Philanthropies’ education program launched its career and technical education (CTE) work in 2016 to help create strong middle-class career opportunities by providing high school students with essential skills, job training and access to continued education. The focus has been on programs within high schools that provide training, credentials, certifications and work-based learning (apprenticeships and internships) to help young people obtain employment in high-growth industries. Bloomberg Philanthropies has invested over $355 million in CTE initiatives around the country.
In January of 2024, Bloomberg Philanthropies announced a $250 million initiative to create new high schools around the nation that will graduate students directly into high-demand healthcare jobs with family-sustaining wages. This innovative initiative pairs public education systems and hospitals in 10 communities including the urban locations of Boston, MA; Charlotte, NC; Dallas, TX; Durham, NC; Houston, TX; Nashville, TN; New York, NY; and Philadelphia, PA; and the rural areas Demopolis, AL and northeast TN (six locations). The schools will collectively serve nearly 6,000 students at full capacity.