To: combjelly who wrote (271577 ) 2/3/2006 10:50:38 AM From: Jim McMannis Respond to of 1575499 Some for stem cell research. Bucks the Bush trend. Billionaire NYC Mayor Gives Hospital $100M By SARA KUGLER, Associated Press Writer Thu Feb 2, 4:43 PM ET NEW YORK - Mayor Michael Bloomberg, a billionaire known for his philanthropy, anonymously donated $100 million Thursday to Johns Hopkins University to support stem cell research, a new children's hospital and other projects, The Associated Press has learned. The Republican mayor, who graduated from Johns Hopkins and is a former Hopkins board chairman, has donated hundreds of millions to the school over the years. The school of public health at Hopkins bears his name. A person familiar with his philanthropy confirmed the latest $100 million gift on condition of anonymity, citing Bloomberg's desire for privacy. The mayor's spokesman, Stu Loeser, declined to comment on Bloomberg's giving. University President Dr. William R. Brody said he was floored by the donation. "I had something between a heart attack and a stroke when I heard the amount," Brody said. "It is something every college president would die for." The university said the money will fund the renovation of an academic building on the Homewood campus, projects at the School of Public Health and a $275 million Children's Tower at Hopkins Hospital, which will be built starting in June. Bloomberg's gift also will support research at the Hopkins medical school's Institute for Cell Engineering, where scientists are doing work that could lead to the use of stem cells as treatments for conditions such as Parkinson's disease, diabetes, stroke and spinal cord injuries, the university said. The school does some of its research with embryonic stem cells — a politically controversial process because it destroys the embryo, which is considered human life by many religious conservatives. President Bush has restricted federal spending on the procedure. Bloomberg, who was a Democrat before he switched parties for his first run for mayor in 2001, is a political moderate on such issues as abortion and gun control. Besides his Hopkins donations, the founder of the Bloomberg financial news company has given more than $500 million from his $5 billion personal fortune to hundreds of city organizations since 2001, including museums, community groups and parks. The gift to Hopkins is the school's largest since Sidney Kimmel, founder of the Jones Apparel Group, gave $150 million for cancer research and patient care in 2001. The Chronicle of Higher Education counts about 30 gifts of $100 million to higher education nationwide over the past several decades and about 30 exceeding that amount. The Bill and Melinda Gates Foundation gave the largest in 1999: $1 billion over 20 years to minority college students.