Howard University Receives Transformative $175 Million Gift from Bloomberg Philanthropies to Bolster College of Medicine Endowment

By Larry J. Sanders Howard University announced today a historic $175 million gift from the Bloomberg Philanthropies’ Greenwood Initiative as part of a larger $600 million commitment to the nation’s four historically Black medical schools. Howard University College of Medicine, Meharry Medical College, and Morehouse School of Medicine will each receive a gift of $175 million, and Charles Drew University of Medicine & Science will receive $75 million. The new funding will more than double three of the four medical schools’ endowments. Funding levels were determined by current class size and anticipated growth. In addition, Xavier University of Louisiana, which The post Howard University Receives Transformative $175 Million Gift from Bloomberg Philanthropies to Bolster College of Medicine Endowment appeared first on HBCU News.

Howard University Receives Transformative $175 Million Gift from Bloomberg Philanthropies to Bolster College of Medicine Endowment

By Larry J. Sanders Howard University announced today a historic $175 million gift from the Bloomberg Philanthropies’ Greenwood Initiative as part of a larger $600 million commitment to the nation’s four historically Black medical schools. Howard University College of Medicine, Meharry Medical College, and Morehouse School of Medicine will each receive a gift of $175 million, and Charles Drew University of Medicine & Science will receive $75 million. The new funding will more than double three of the four medical schools’ endowments. Funding levels were determined by current class size and anticipated growth. In addition, Xavier University of Louisiana, which

The post Howard University Receives Transformative $175 Million Gift from Bloomberg Philanthropies to Bolster College of Medicine Endowment appeared first on HBCU News.