The index grades and prioritizes universities around the globe based on a variety of factors, including Nobel Prize winners, published research and more.
The donation is the latest contribution to the university's broader mission of community building and urban development across northern Israel.
"Our goal is to enable every student at Haifa University to understand and reach their potential," said University of Haifa rector Prof. Gustavo Mesch.
Members of the academy are selected as people recognized for discovering advanced knowledge, and those who apply knowledge to the problems of society.
All of the projects will take between two and six months to complete, and most of the researchers are with the University's Faculties of Social Welfare and Health Sciences, and Social Sciences.
The Arab-Israeli students conduct research, provide legal aid and help overcome language and cultural barriers refugees may face.
"No more preaching to the choir," said Prof. Ron Robin, chairman of the Association of University Heads in Israel.
Marine biologists from University of Haifa conduct research with hope of reducing micro plastics from water.
The team showed that the sea urchin’s anatomy is not only physically but genetically analogous to humans’ anatomy.
"I have been involved in Haifa for over 30 years, since the CJP, Boston's Jewish Federation, formed a partnership in the city with like-minded people," Bloom told The Jerusalem Post.