Part of the Bloomberg Philanthropies, the Bloomberg Family Foundation is a philanthropic foundation based in the United States and supported by its funder, Mike Bloomberg. The foundation works to ensure better, longer lives for the greatest number of people by focusing on arts, education, environment, government innovation and public health.
Development Co-operation Profiles
Report
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Bloomberg Family Foundation
Introduction
Private development finance
Bloomberg Family Foundation provided USD 387.9 million for development in 2022 through its grantmaking activities. Compared to 2021, this amount represents an increase of 31.2% in real terms.
Support to Ukraine
In 2022, the Bloomberg Family Foundation provided USD 12.1 million of gross development finance to Ukraine to respond to the impacts of Russia’s war of aggression.
Bilateral and multilateral allocations
In 2022, the Bloomberg Family Foundation channelled its development finance mostly through non-governmental organisations (NGOs) and civil society (USD 262.6 million), multilateral organisations (USD 57.3 million) and universities, research institutes or think‑tanks (USD 37 million).
Multilateral channels
In 2022, the Bloomberg Family Foundation provided USD 57.3 million to the multilateral system, representing 14.8% of its development finance, all of which was earmarked for specific countries, regions, themes or purposes. These multilateral contributions were provided by the United Nations (UN) entities (USD 63.2%), regional development banks (21.8%) and the World Bank Group (14.9%).
The UN system received USD 36.2 million from the Bloomberg Family Foundation in 2022. The most significant UN recipients were WHO (USD 13.7 million) and UNDP (USD 10 million).
Civil society organisations
In 2022, civil society organisations (CSOs) received USD 262.6 million of the Bloomberg Family Foundation’s gross development finance. Of this, 4.5% was allocated to CSOs as core support, while 95.5% was earmarked for specific projects or programmes. Over three-quarters (78.6%) of these contributions were channelled through international NGOs.
Learn more about the DAC Recommendation on Enabling Civil Society in Development Co-operation and Humanitarian Aid.
Geographic and thematic focus
In 2022, the Bloomberg Family Foundation’s development finance was primarily focused on Asia (excluding the Middle East) and Latin America and the Caribbean. USD 85.1 million was allocated to Asia (excluding the Middle East) and USD 57.1 million to Latin America and the Caribbean, accounting respectively for 21.9% and 14.7% of gross development finance. A sum of USD 171.6 million (44.2%) was unspecified by region in 2022, mainly including multi-regional programmes.
Figure. Bilateral private development finance by recipient country
In 2022, 20.6% of gross development finance went to the top 10 recipients, most notably India, Ukraine, China (People’s Republic of), Brazil and the Philippines.
Least developed countries (LDCs) received USD 33.3 million (8.6%) of the Bloomberg Family Foundation’s gross disbursements in 2022. The Bloomberg Family Foundation allocated the largest share (15.4%) of its development finance to upper middle-income countries in 2022, followed by lower middle-income countries (15.1%), noting that USD 236.4 million (60.9%) was unallocated by income group.
Notes: LDC: least developed country; LIC: low-income country; LMIC: lower middle-income country; UMIC: upper middle-income country; MADCTs: more advanced developing countries and territories.
Furthermore, the Bloomberg Family Foundation allocated USD 17.1 million of its development finance to land-locked developing countries in 2022, and USD 8.7 million to small island developing states (SIDS) in 2022, most notably Papua New Guinea, Solomon Islands and Jamaica.
Fragile contexts
Support to fragile contexts reached USD 38.9 million in 2022, representing 10% of the Bloomberg Family Foundation’s development finance. Of this, extremely fragile contexts received a sum of USD 13.2 million.
Notes: HDP: humanitarian-development-peace. The chart represents only gross bilateral contributions that are allocated by country.
Sectors
In 2022, 53.4% of the Bloomberg Family Foundation’s contributions were allocated to social infrastructure and services, 16.9% to economic infrastructure and services and 15.3% to multi-sector and cross-cutting issues such as urban development or general environmental protection. In terms of sectors, the Bloomberg Family Foundation’s largest allocations went to health and population (USD 197.9 million), energy (USD 49.5 million), agriculture, forestry and fishing (USD 34.3 million) and general environmental protection (USD 32.4 million). Humanitarian assistance amounted to USD 21.5 million.
Sustainable Development Goals
In 2022, the Bloomberg Family Foundation committed the largest shares of its contributions to partnerships for the goals (SDG 17), good health and well-being (SDG 3), climate action (SDG 13) and affordable and clean energy (SDG 7) of the United Nations 2030 Agenda. Contributions to combatting climate change totalled USD 121.2 million and support to gender equality and women’s empowerment amounted to USD 3.5 million.
Additional resources
Official website: https://www.bloomberg.org
The methodological notes provide further details on the definitions and statistical methodologies applied, including core and earmarked contributions to multilateral organisations, the Sustainable Development Goal focus of private development finance, channels of delivery, unspecified/unallocated allocations, the gender equality policy marker, and the environment markers.