On Mar. 29, 2016, Johns Hopkins University announced gifts totaling $125 million to create a cancer research institute dedicated to the study of immunotherapy. Launched with gifts of $50 million each from Bloomberg Philanthropies founder Michael R. Bloomberg and Kimmel Foundation founder Sidney Kimmel, as well as $25 million from more than a dozen other donors, the BloombergﾖKimmel Institute for Cancer Immunotherapy will focus on one of the most promising and rapidly advancing approaches to cancer treatment.