Gates doantes 750 million

Charlie P · 01-30-2005, 04:06 PM

A campaign to get life-saving vaccines to millions of children in poor countries received a $1 billion cash boost from Microsoft Corp. founder Bill Gates (news - web sites) and the government of Norway on Tuesday.

The grant was made on the eve of the World Economic Forum (news - web sites) annual meeting in Davos, Switzerland, where access to healthcare is set to be high on the agenda. The donors hope it will kickstart other, similar pledges.

More than 2 million people in poor countries die each year because they have not received immunisations that are taken for granted in the industrialized world.

To help close the gap, the Bill & Melinda Gates Foundation said it was giving $750 million over 10 years to the Global Alliance for Vaccines and Immunization (GAVI), while Norway promised $290 million over 5 years.

The cash takes funds raised by the non-profit group since 1999 to $2.3 billion -- an impressive amount but still not enough to ensure universal coverage.

With an estimated 27 million children in the developing world going without basic immunisation each year, the World Health Organization (news - web sites) estimates $8-12 billion is needed.

Rest of the story:

http://story.news.yahoo.com/news?tmp...s_gates_dc&e=1

Clint. · 01-30-2005, 06:42 PM

That is excellent! I have read other reports about the philanthropic endeavors of Bill Gates. The world's response to the Asian tsunami is also encouraging. Perhaps there is hope for us yet!

Clint

tardfarmer · 01-31-2005, 08:48 PM

wonder where he stole the vaccine from?

As long as it is private money, I don't care.

VA HEAD HUNTER · 01-31-2005, 09:05 PM

MAN FIRST THE INTERNET AND NOW THE WORL HE OWNS EVERYTHING

kevin1 · 02-01-2005, 04:27 AM

When he starts giving to causes here I'll start cheering .
Until then he's just a rich liberal trying to soothe his smarting conscience . Charity begins at home , and should .

Charlie P · 02-01-2005, 07:23 AM

Kevin he spends some money in the USA too.

$1 billion over 20 years to establish the Gates Millennium Scholarship Program, which will support promising minority students through college and some kinds of graduate school

$350 million over three years to teachers, administrators, school districts and schools to improve America"™s K-12 education, starting in Washington State.

$200 million to the Gates Library Program, which is wiring public libraries in America"™s poorest communities in an effort to close the "œdigital divide."

$50 million to the Maternal Mortality Reduction Program, run by the Columbia University School of Public Health

kevin1 · 02-01-2005, 08:25 AM

I'm aware the the Gate's foundation gives to various causes here Charlie , my point was paint your own house first , then the rest of the neighborhood .

It's their money , I just wish they's pick their causes better . I too feel sorry for all those little kids on the adopt-a-child commercials , but I can't help but notice that every one of them has a category for American children too . Once that is no longer the case I'll adopt a nice 17 year old Swedish girl ... [8D]