The Largest-Ever Gift to Four Historically Black Medical Schools | Bloomberg Philanthropies

Research shows that Black people have better health outcomes and receive medical care more frequently when they are treated by Black physicians. Yet only 7% of medical school graduates and less than 6% of all practicing doctors are Black.

To help diversify the medical field and advance health and racial wealth equity today our Greenwood Initiative announced a $600 million commitment to help Charles R. Drew University of Medicine & Science, Howard University College of Medicine, Meharry Medical College, and Morehouse School of Medicine build their endowments. The investment will also support the creation of a new medical school in New Orleans, the Xavier Ochsner College of Medicine.

About Bloomberg Philanthropies:
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: the Arts, Education, Environment, Government Innovation, and Public Health. 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 2023, Bloomberg Philanthropies distributed $3 billion.

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The Largest-Ever Gift to Four Historically Black Medical Schools | Bloomberg Philanthropies
   • The Largest-Ever Gift to Four Historically...