Bloomberg Philanthropies is a charitable organization founded by Michael Bloomberg, the former mayor of New York City and billionaire businessman. Established in 2006, it focuses on five key areas: public health, the environment, education, government innovation, and the arts. The organization aims to create lasting change through strategic investments and partnerships. The foundation supports various initiatives, including efforts to reduce tobacco use, improve urban infrastructure, and promote arts and culture. By collaborating with local governments and organizations, Bloomberg Philanthropies seeks to enhance the quality of life in cities around the world and address pressing global challenges.