Bloomberg donates $25 million for fellowship at New York University’s Wagner Graduate School of Public Service
Last month, New York University (NYU) announced that Bloomberg Philanthropies had donated $25 million to the university’s Robert F. Wagner Graduate School of Public Service. The donation will be used to endow the Georgina and Charlotte Bloomberg Public Service Fellows Program.
Bloomberg Philanthropies is the philanthropic organization of former New York City mayor and multibillionaire founder of Bloomberg News Michael R. Bloomberg.
The announcement takes place under conditions where over 2,000 graduate student workers at the university are preparing to go on strike next week for a living wage, decent health care coverage and adequate childcare benefits. The donation by number 21 on the global list of billionaires is one more exposure of the NYU administration’s fraudulent argument throughout 10 months of negotiations that it has “no money” to improve the living and working conditions of university workers. The university’s board of trustees includes some of Wall Street’s most powerful and wealthy figures.