Engage strong partners
Look for unmet needs
Focus on cities
Lead from the front
Rely on data
Utilize advocacy and lobbying
Ensuring better, longer lives for the greatest number of people
Annual Report 2020
Bloomberg Philanthropies works to ensure better, longer lives for the greatest number of people by focusing on five key areas – arts, education, environment, government innovation, and public health – as well as through founder’s projects, the pro bono consultancy Bloomberg Associates, and corporate philanthropy at Bloomberg L.P.
In 2020 this included the launch of many new efforts to meet urgent challenges related to the COVID-19 pandemic.
$1.6B Invested in 2020
“Despite all that we faced in 2020, I’m more optimistic than ever about our ability to tackle the big challenges we face. To succeed, it’s imperative that we apply what we have learned during the pandemic.”
Michael R. Bloomberg
“Despite the pandemic’s disruptions, Bloomberg Philanthropies’ work has continued forward. It’s a real tribute to the expertise and experience of the entire Bloomberg team both at our foundation and the company, Bloomberg L.P.”
Patricia E. Harris
About Bloomberg Philanthropies
Encompassing all of Mike Bloomberg’s giving, Bloomberg Philanthropies includes his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a pro bono consultancy that works with mayors in cities around the world.
Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data, and media company that he founded in 1981, to support the work of Bloomberg Philanthropies.
Bloomberg Philanthropies works to improve the lives of millions of people in 810 cities and 170 countries. In 2020, Bloomberg Philanthropies invested $1.6 billion around the world. Over his lifetime, Mike Bloomberg has so far given $11.1 billion to philanthropy.