10/12/06

Turner foundation delivers $1 billion to UN

The United Nations Foundation, created by media mogul Ted Turner, has donated $1 billion to U.N. projects over the past nine years, U.N. Secretary-General Kofi Annan said.

Turner, the founder of the CNN television network, himself donated $1 billion and his foundation raised millions from other corporations, governments and charities.

Some $600 million of Turner's original $1 billion has been spent, and the remaining $400 million would be used to leverage another $1 billion in support of the United Nations in the coming years, the foundation said.

Projects have focused on the environment, women, children, health, peace, human rights and promoting the United Nations in the United States.

[Reuters]

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