New York, NY – Mayor Bloomberg Donates $553 Million to Charity in 2010

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    New York, NY – Mayor Bloomberg gave more than $553 million of his personal fortune to charity last year — but he only revealed how some of the money was spent.

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    The Bloomberg Family Foundation, through which the billionaire mayor distributes a large chunk of his largesse, released its 2010 annual tax filing Friday identifying some of the organizations that pocketed cash from the mayor’s charity.

    Among recipients were the New York-based World Lung Foundation, the Geneva-based World Health Organization and the International Red Cross.

    But the mayor also made personal charitable contributions that didn’t go through the foundation — roughly $171 million, plus $20 million for “advocacy-related initiatives,” a spokesman for the mayor’s philanthropies said.

    Stu Loeser, the mayor’s City Hall spokesman, said Bloomberg would release the names of the personal charity recipients in the future, but declined to do so on Friday.


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    13 Comments
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    bennyt
    bennyt
    12 years ago

    Charity begins at home. How about throwing some of that money to needy fellow New Yorkers?

    cool-3931
    cool-3931
    12 years ago

    Wonder how much went to yeshivos, kollelim both here at home and in EY. What a loser! He could have put every yeshiva and kollel back on its feet in these dire times and he could have earned himself a nice of piece Oilam Habba but instead gives to some animal shelter or some arts center or some agency. How sick! How pathetic!

    MayerAlter
    MayerAlter
    12 years ago

    Why are so many heimishe yidden so arrogant? Bloomberg, like the rest of us, can do whatever he wants with his money. If those who make lavish simchas would only make them on a modest level and donate the difference to Yeshivos look at the difference that would make, and that is only the gashmius side of it. Think what an example we would be setting for our children if they saw what our real priorities are. We have the power to change things if we want. Until we show an example why should Bloomberg put his money in a place that has no meaning for him? You will not be mekarev him by telling him what to do with his money.

    Mikerose
    Mikerose
    12 years ago

    If he has such a big heart why is he so cruel to us new yorkers – guliani Didn’t give that much nor did he have much but was much kinder to us -so I C. $$$ can make a person ‘give ‘ b/c of the kovod or b/c of uncle sam but still be a mean man

    menachemwh
    menachemwh
    12 years ago

    Instead of marveling about how much Tzedaka he gives, these comments once again can only find fault witha fellow Jew.

    MONTREALYID
    MONTREALYID
    12 years ago

    Let the man do with his money whatever he wishes…Its his money till he gives it away then it becomes someone else’s money….Enough said.

    12 years ago

    What the Mayor does with his money (or doesn’t do), is between the Mayor and himself. He does not need the advice of jealous individuals on this board, who have a very bad habit of looking in other people’s pockets. He is free to give as much money to the charities of his choice (whether the charities are non-sectarian or religious) as he wishes, or as little as he wishes. Case closed!