A $600 million gift will go to Black medical schools’ endowments, thanks to this donor

The gift from Bloomberg Philanthropies will go to historically black institutions such as Howard University College of Medicine and Morehouse School of Medicine. Michael Bloomberg’s organization Bloomberg Philanthropies is announcing a $600 million gift to the endowments of four historically Black medical schools.Bloomberg, the former New York City mayor and the billionaire founder of Bloomberg LP, will make the announcement Tuesday in New York at the annual convention of the National...