# Bloomberg Philanthropies

Bloomberg Philanthropies is an Endowment / Foundation based in New York, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 25 East 78th Street, New York City, NY 10150, United States
- **Founded:** 2006
- **Assets under management:** 11800 (Altss estimate)
- **Website:** bloomberg.org
- **LinkedIn:** https://www.linkedin.com/company/bloomberg-philanthropies

## Regulatory record

- **Reports private funds:** No

## About

Bloomberg Philanthropies was established in 2006 by Michael R. Bloomberg as the umbrella for his charitable activities. The Bloomberg Family Foundation serves as the primary 501(c)(3) vehicle. P., where Bloomberg retains an 88 percent stake. The foundation allocates across arts, education, environment, government innovation, and public health. Asset allocation data shows 90 percent in private equity. Confirmed holdings include positions in Circle and multiple biotechnology companies held through Willett Advisors. Geographic reach covers North America, Europe, and Latin America through city advisory work and global forums. The organization employs 435 professionals. Bloomberg Associates, founded in 2014, provides pro bono consulting to city governments. A September 2025 Global Forum in New York addressed climate and public health topics. Additional offices are not disclosed. Bloomberg Philanthropies maintains separation between grant-making and investment management via Willett Advisors. Michael Bloomberg's role as founder and primary donor creates a direct link between personal wealth and program priorities without external limited partners.

## Sectors

- Arts
- Education
- Environment
- Government Innovation
- Public Health

## People

- Michael R. Bloomberg — Founder
- Patricia E. Harris — CEO

## Questions

### Who runs investment decisions at Bloomberg Philanthropies?

Willett Advisors LLC, led by Steven Rattner, manages the investment portfolio. The firm has served as investment advisor since 2010.

### How is Bloomberg Philanthropies structured relative to Michael Bloomberg's personal wealth?

Bloomberg Philanthropies operates as the primary grant-making entity. Willett Advisors handles investment management for both philanthropic assets and Bloomberg's personal holdings.

### Does Bloomberg Philanthropies make direct investments or only grants?

The organization makes grants through its foundation vehicles. Investment holdings in private companies occur via Willett Advisors and include Circle and several biotechnology firms.

### What is Bloomberg Philanthropies' geographic focus?

Programs operate globally with emphasis on North America, Europe, and Latin America. City-level work through Bloomberg Associates reaches London, Paris, and Los Angeles among others.

### Which asset classes appear in Bloomberg Philanthropies' portfolio?

Private equity constitutes 90 percent of reported allocation. Additional exposure includes public equities such as CCC Intelligent Solutions and real assets including multiple New York properties.

### How does Bloomberg Philanthropies source its grant opportunities?

Bloomberg Associates provides direct advisory services to city leaders. Program staff also identify initiatives aligned with the five focus areas of arts, education, environment, government innovation, and public health.

### What recent governance or operational changes have occurred?

No leadership transitions were recorded in the last 24 months. The September 2025 Global Forum represented the primary public operational activity.

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- [ABL Life Insurance](https://altss.com/profile/abl-life-insurance)
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Last updated: 2026-08-10T15:58:45.833Z

Canonical page: https://altss.com/profile/bloomberg-philanthropies

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