Dailycsr.com – 30 November 2017 – It is the ‘fifth most promising’ gift of over ‘$25M’ from “Tobacco Control Program” of “Bloomberg Philanthropies” targeting ‘tough social problems’ of 2016.
As reported by Kerry A. Dolan, a large scale fortune will produce a large gift especially when “prominent philanthropists and foundations” are putting up “$25 million-plus” for tackling various “problems” triggered by “poverty, disease, substandard education and more”. Dolan informs that:
“Boston's Bridgespan Group found 74 such gifts in 2016, totaling $6.7 billion. Its panel of outside experts then ranked the 10 most promising”.
Micheal Bloomberg has received a tie on the fifth spot for its recent donation of “$360 million towards tobacco control”. This amount leads up his contribution to “$600 million” starting from the year of 2007, while the ex-mayor of New York put up goals of reducing the use of tobacco in “developing countries”. As a result, through this initiative, there is an aim of saving as many as “100 million lives by 2050”.
In Bloomberg’s words:
“Reducing tobacco use is one of our greatest opportunities to save lives and prevent suffering, because we know that strong policies really do make a difference…”.
For further information, kindly visit:
https://www.forbes.com/sites/kerryadolan/2017/11/17/big-bet-philanthropy-most-promising-social-change-gifts-last-year/?source=bloomberg#1b94dcb77cb4
References:
3blmedia.com
As reported by Kerry A. Dolan, a large scale fortune will produce a large gift especially when “prominent philanthropists and foundations” are putting up “$25 million-plus” for tackling various “problems” triggered by “poverty, disease, substandard education and more”. Dolan informs that:
“Boston's Bridgespan Group found 74 such gifts in 2016, totaling $6.7 billion. Its panel of outside experts then ranked the 10 most promising”.
Micheal Bloomberg has received a tie on the fifth spot for its recent donation of “$360 million towards tobacco control”. This amount leads up his contribution to “$600 million” starting from the year of 2007, while the ex-mayor of New York put up goals of reducing the use of tobacco in “developing countries”. As a result, through this initiative, there is an aim of saving as many as “100 million lives by 2050”.
In Bloomberg’s words:
“Reducing tobacco use is one of our greatest opportunities to save lives and prevent suffering, because we know that strong policies really do make a difference…”.
For further information, kindly visit:
https://www.forbes.com/sites/kerryadolan/2017/11/17/big-bet-philanthropy-most-promising-social-change-gifts-last-year/?source=bloomberg#1b94dcb77cb4
References:
3blmedia.com