Vaccinations: Foundation Grants Surged Last Year Despite Slowing Economy

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March 28, 2001

" Foundation Grants Surged Last Year Despite Slowing Economy "

New York Times (www.nytimes.com) (03/27/01) P. A17; Lewin, Tamar

The scale and scope of American philanthropy has undergone vast

changes in recent years, with more and more donors providing

large sums of money that can potentially alter an entire field.

The Bill & Melinda Gates Foundation's pledge of $750 million over

five years for childhood vaccinations in the world's poorest

countries constitutes a staggering philanthropic gesture

regardless of the trend. Whereas the United Nations Children's

Fund has a total annual budget of $100 million for childhood

vaccinations, the Gates' pledge amounts to one-and-a-half times

that amount each year. Some industry observers fear that people

will look upon the donation as a solution to the problem; but

Foege, chief medical adviser of the Gates Foundation,

says the actual result is that more interest is attracted,

prompting even more donations. The Gates Foundation is the

country's largest philanthropic organization, with an endowment

of $20 billion.

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Sheri Nakken, R.N., MA

Vaccination Information & Choice Network, Nevada City CA & UK

530-478-1242 Voicemail

http://www.nccn.net/~wwithin/vaccine.htm

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