Anonymous ID: 1799cb March 4, 2020, 9 p.m. No.8322064   🗄️.is đź”—kun

Ideas for who and/or what orgs are receiving $$ from Bloomy's vast treasure chest. Article is long. Attaching a pdf of it.

 

Bloomberg’s influence stretches far and wide

By Ryan J. Foley and Michelle R. Smith | AP

Feb. 24, 2020 at 11:32 p.m. CST

 

When Mike Bloomberg held a rally this month at the National Constitution Center in Philadelphia, the signs of his wealth and influence were everywhere…

 

…The AP review documented $1.65 billion in grants that Bloomberg’s New York-based Bloomberg Family Foundation doled out to hundreds of cities, universities, cultural groups and global institutions from 2014 through 2018, the last year in which they have been itemized in tax filings.

 

From Boston to Baltimore and Anchorage to Arlington, the money has helped fight climate change, championed a range of public health initiatives, promoted new programs in cities and schools and helped scores of arts and cultural institutions stay open.

 

The foundation’s annual grant spending tripled between 2014 and 2018, when it reached $445 million.

 

That sum is only a portion of the total given by Bloomberg Philanthropies, which encompasses all of the former mayor’s giving: through his foundation, his company and personally. Bloomberg Philanthropies has said that from 2014 through 2018, it distributed more than $2.9 billion. More than $1 billion of that remains unknown to the public because only gifts that go through his foundation are required to be disclosed.

 

Then there’s the record $3.3 billion that Bloomberg Philanthropies says it distributed in 2019. His campaign says most of the increase can be attributed to a $1.8 billion gift to his alma mater, Johns Hopkins University in Baltimore, for financial aid and new investments to fight climate change and youth tobacco use. But those gifts aren’t legally required to be even partially disclosed until after the election. …

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https://www.washingtonpost.com/politics/years-of-largesse-give-bloomberg-his-own-political-machine/2020/02/25/33fc3d14-5790-11ea-8efd-0f904bdd8057_story.html