Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Finance, Philanthropy

Philanthropist Bloomberg Calling All Mayors in $9m Challenge


Thursday, 14th June 2012 at 11:07 am
Staff Reporter,
New York City Mayor Michael Bloomberg has announced his charitable foundation is running a $9 million competition in an effort to spur other US mayors to find their inner philanthropist.


Thursday, 14th June 2012
at 11:07 am
Staff Reporter,


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Philanthropist Bloomberg Calling All Mayors in $9m Challenge
Thursday, 14th June 2012 at 11:07 am

NYC Mayor Michael Bloomberg. Photo: nyc.gov

New York City Mayor Michael Bloomberg has announced his charitable foundation is running a $9 million competition in an effort to spur other US mayors to find their inner philanthropist.

Bloomberg Philanthropies, a collection of Michael Bloomberg’s charitable organisations, launched the Mayor’s Competition to “inspire American cities to generate innovative ideas that solve major challenges and improve city life,” according to a website set up for the initiative

The competition will award one $5 million prize and four $1 million prizes to the cities that come up with the boldest and most replicable ideas.

“Every day, mayors around America are tackling increasingly complex problems with fewer and fewer resources,” said Bloomberg, who is in his third and final term as New York Mayor.

“Our cities are uniquely positioned to inspire and foster the innovation, creativity, and solutions needed to improve people’s lives and move America forward.”

Bloomberg, who according to Forbes magazine has a net wealth of $22 billion, hopes that some of the best ideas that take root from the competition will spread around the world.

The Challenge officially kicks off this week by inviting the 1,300 mayors of U.S. cities (with 30,000 residents or more) to submit their city’s “boldest idea,” according to the Challenge website.

"The idea must improve city life by addressing a major social or economic issue, improving the customer service experience for citizens or businesses, increasing government efficiency, and/or enhancing accountability, transparency, and public engagement,” Bloomberg said.

Bloomberg has appealed to his mayoral colleagues saying that “we're aiming to make the [application] process as short, painless, and straightforward as possible”.

Bloomberg Philanthropies refers to all of Bloomberg’s charitable activities, including his personal giving and the Bloomberg Family Foundation, according to the Bloomberg Philanthropies website. Together, these organisations focus on the Arts, Education, the Environment, Government Innovation, and Public Health.  

Bloomberg is the founder of Bloomberg LP, a frim that began selling data and analytic tools to Wall Street and has since added a news service, magazine division, a cable network and a radio station, acccording to Forbes.  



CBB

FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

We are a premium Event Production agency with over 16 years ...

Vanilla Bean Events

Star enables change within organisations specifically throug...

Star Business Solutions

Leading recruitment specialists in Sydney for 10 years for t...

BRC Recruitment

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Strategy, Value and Governance in NFP Mergers

Contributor

Monday, 24th July 2017 at 2:40 pm

Last Chance for NFPs to Apply for $200,000 in Social Investment Grants

Contributor

Monday, 24th July 2017 at 2:00 pm

Rise of Collecting Giving Sees a ‘Closed-Shop’ Approach – Report

Lina Caneva

Monday, 24th July 2017 at 10:47 am

Charities Give Feedback on Govt Paper to Encourage Social Impact Investment

Rachel McFadden

Monday, 24th July 2017 at 9:57 am

POPULAR

Volunteering ‘Victory’ as Government Backtracks on Funding Redesign

Rachel McFadden

Friday, 14th July 2017 at 5:12 pm

NDIA Gets New CEO as Construction Begins on Head Office

Wendy Williams

Wednesday, 19th July 2017 at 5:24 pm

DGR Reform Lacks Clarity of Purpose

Wendy Williams

Tuesday, 11th July 2017 at 4:03 pm

Sector Says Human Service Provision Needs Overhaul to Empower the Consumer

Rachel McFadden

Tuesday, 18th July 2017 at 4:30 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

Pro Bono News

Charity and not-for-profit news delivered directly to your inbox twice a week. Stay up to date with the latest news from the country’s most valuable sector.

You have Successfully Subscribed!