He was frequently mentioned as a possible independent candidate for the 2008 presidential election, which fueled further speculation when he left the Republican Party. There was also speculation that he would run as a vice-presidential candidate. Bloomberg did not, however, seek the presidency nor was he selected as a running mate by any of the presidential candidates.
According to the Chronicle of Philanthropy, Bloomberg through his Bloomberg Philanthropies Foundation, donated and/or pledged $240 million in 2005, $60 million in 2006, $47 million in 2007, $150 million in 2009, $332 million in 2010 and $311 million in 2011. 2011 recipients include the Campaign for Tobacco-Free Kids; Centers for Disease Control and Prevention; Johns Hopkins Bloomberg School of Public Health; World Lung Foundation and the World Health Organization. In 2008, Bloomberg's website announced a combined donation of $500 million with Bill Gates to help governments in developing countries with tobacco control.
According to The New York Times, Bloomberg was an "anonymous donor" to the Carnegie Corporation from 2001-2010, with gifts ranging from $5 million to $20 million each year. The Carnegie Corporation distributed these contributions to hundreds of New York City organizations, ranging from the Dance Theatre of Harlem to Gilda's Club, a non-profit organization that provides support to people and families living with cancer. He continues to support the arts through his foundation.
In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at Harvard with a $3 million gift in honor of his father, who died in 1963, saying, "throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community."
Bloomberg reports giving $254 million in 2009 to almost 1,400 nonprofit organizations, saying, "I am a big believer in giving it all away and have always said that the best financial planning ends with bouncing the check to the undertaker."
On July 21, 2011, Bloomberg announced that he would donate $50 million to Sierra Club's “Beyond Coal” campaign, the grassroots organization’s efforts to close older coal plants and prevent new ones from being built. The gift, spread out over four years, will come from Bloomberg Philanthropies.
Also in July 2011, Bloomberg launched a $24 million initiative to fund “Innovation Delivery Teams” in five cities. The teams are one of Bloomberg Philanthropies’ key goals: advancing government innovation.
In December 2011, Bloomberg Philanthropies launched a partnership with online ticket search engine SeatGeek to connect artists with new audiences. Called the Discover New York Arts Project, the project includes organizations HERE, New York Theatre Workshop, and the Kaufman Center.
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