4/15/06

Corporation Non-Cooperation with AIDS Funding

When United Nations Secretary General Kofi Annan called in 2001 for a new global fund to fight the AIDS pandemic, he described it as a public-private partnership with both governments and corporations pitching in.

It hasn't worked out that way.

Since 2001, the Global Fund to Fight AIDS, Tuberculosis and Malaria, an independent Swiss-based, nonprofit foundation that is supporting disease prevention and treatment programs in 131 countries, has raised more than $4.8 billion from governments, including $1.5 billion from the U.S. Other money has come from nonprofit sources, including $150 million from the Bill and Melinda Gates Foundation.

But less than $2 million has come from corporations, and none of that has come from American companies, according to the fund's financial records. This isn't to say that U.S. companies ignore AIDS. Some have given to AIDS relief efforts outside the global fund -- more than $69 million in 2003, the latest year tracked by Funders Concerned About AIDS.

[By Steve Stecklow, The Wall Street Journal]

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