Tuesday, February 3, 2009

Bloomberg’s Annual Levels Of Charitable Giving

(Mayor Bloomberg above listening to public testimony about the term limits extension bill he signed immediately afterward.)

Here, as a quick reference, are figures on Mayor Michael Bloomberg’s annual levels of giving consolidated for our article The Good News IS the Bad News: Thanks A lot for Mayor Bloomberg’s “Charity” (Monday, February 2, 2009). For more on what those numbers mean in context click to read the article.

Bloomberg “Giving” 1997-2008

Below in chart form is information about Bloomberg’s level of giving and the years of associated Bloomberg political campaigns.

$26.6 million:- Bloomberg’s charitable gifts in 1997 (when he distributed to 433 groups). Handouts have increased every year since - Press mentions of Bloomberg philanthropy begin this year
$45 million:- Bloomberg’s charitable gifts in 1998 - Year Bloomberg started talking publicly about running for mayor
$47 million:- Bloomberg’s charitable gifts in 1999
$100.5 million:- Bloomberg’s charitable gifts in 2000 (579 organizations)- Year before first mayoral election campaign
$122.5 million:- Bloomberg’s charitable gifts in 2001 (540 groups) Was elected mayor in November
$130.9 million:- Bloomberg’s charitable gifts in 2002 (655 groups) Became mayor
$135.6 million:- Bloomberg’s charitable gifts in 2003 (653 groups)
$138/139.9 million*:- Bloomberg’s charitable gifts in 2004 (843 groups)
$143.9 million:- Bloomberg’s charitable gifts in 2005 (987 groups)- Second campaign for mayor in connection with the 2005 election
$165.3 million:- Bloomberg’s charitable gifts in 2006. (1,077 groups)
$205 million:- Bloomberg’s charitable gifts in 2007.- The year he started to run for President.- The year he left the Republican party
$235 million:- Bloomberg’s charitable gifts in 2008 (1,221 recipient groups)- The year that Bloomberg started running for his third term as mayor and overthrew the city’s term limits restrictions.
* (difference between Times and Chronicle of Philanthropy figures)

(Figures available from:
 the Chronicle of Philanthropy
Mayor's $weet Charity, by David Seifman, January 27, 2009
Bloomberg’s Gifts to Charity Exceeded $165 Million in 2006, by Diane Cardwell, September 17, 2007
Nearly 1,000 Groups Gain From Bloomberg’s Largess, by Sewell Chan, October 18, 2006
2003 tax year? For Bloomberg, 'Rich' Is Just Too Weak an Adjective, By Leslie Eaton, July 3, 2004.
In 2002, Bloomberg Lost a Bit (for Him) and Gave a Lot, by David Johnston (Correction: David Cay Johnston), June 14, 2003
[Note, PS added January 25, 2013- Updating information is available in the post: Friday, January 25, 2013, Bloomberg’s Increasing Annual Wealth: 1996 to 2012 Plus Updates On His Annual “Charitable” Giving]

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