Funders Concerned About AIDS Releases Report on HIV/AIDS-Related Philanthropy
Funders Concerned About AIDS has released a report that indicates that HIV/AIDS-related grantmaking from U.S. foundations and corporations increased 311% from 1999 to 2000. The report includes estimated grant data for international and domestic HIV/AIDS efforts for 1996 through 2000. According to the report, HIV/AIDS-related donations from U.S. foundations and corporations totaled approximately $76.1 million in 1999 but were "at minimum" $312.4 million in 2000. The report notes that the increase is due in large part to the Bill & Melinda Gates Foundation's $178.7 million contribution to HIV/AIDS efforts in 2000. However, not including the Gates Foundation contribution, HIV/AIDS grants still increased 110% from 1999 to 2000, indicating a "necessary and important enhancement in philanthropic leadership on HIV/AIDS at a time when it is desperately needed." The report adds that although U.S. corporations and foundations funded HIV/AIDS efforts in 2000 at the highest level to date, "much more remains to be done by all sectors of society, including philanthropy, to fully address the tremendous range of needs, domestically and globally, created by this pandemic" (Funders Concerned About AIDS release, June 2002).
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