Mayor Michael Bloomberg got philanthropists to donate $1.4 billion for New York City social and educational programs and other initiatives during his 12 years in office.
That’s according to a report commissioned by Bloomberg’s foundation. The non-city financing went for such things as planting trees, disaster relief efforts and cognitive behavioral therapy for teenage inmates at Rikers Island.
Some of the money was federal funds managed by nonprofit agencies. But a large percentage was private.
A spokeswoman for the mayor told The New York Times that about 8 percent of the money came from Bloomberg himself.
Most of the funds were raised through three nonprofit groups: the Mayor’s Fund to Advance New York City, the Fund for Public Schools and the Fund for Public Health.
(AP)
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The voluntary revenue to New York City during the Bloomberg years sounds impressive, but before I congratulate him, I would want to know the levels of private donations of his predecessors. If the city comptroller’s office were well run for the last 30 years, those numbers would be easy to find. I suspect that Mr. Bloomberg did a better job than many of his predecessors, and perhaps it is only modesty that made him decide not to give us comparative numbers from his predecessors.