by Sixstrings » Fri 24 Jan 2014, 07:09:19
Hm..
I'm not seeing how his foundation is a sham and not helping anyone? What am I missing here? Surely this is better than the Walton family that just sits on their vast mega-fortune and won't even do any charity for their own impoverished workers.
$this->bbcode_second_pass_quote('', 'G')iven the enormous wealth of the Walton Family[3], the endowment of the Walton Family Foundation is relatively small. As a group, the Walton Family is considerably more wealthy than Bill Gates, with $93 billion, compared to Gates’ $59 billion. However, whereas Gates has endowed his Foundation with more than $33 billion, more than 57% of his wealth, the Walton Family Foundation has just a $2.3 billion endowment – just 2.4% of the family’s wealth.
When we examine their rate of giving (as opposed to simply looking at the size of the endowment), the Walton Family Foundation trails badly again. While Gates gave away an amount equivalent to 5.2% of his Foundation’s wealth in 2009, the Walton Family Foundation gave less than ½ of one percent.
http://walmart1percent.org/the-walton-family-foundation-how-much-do-they-give-and-to-whom/Gates foundation is spending $800 million a year on global health, it's got to be saving somebody, no?
$this->bbcode_second_pass_quote('', 'T')he Gates Foundation has quickly become a major influence upon global health;
the approximately US$800 million that the foundation gives every year for global health approaches the annual budget of the United Nations World Health Organization (193 nations), and is comparable to the funds given to fight infectious disease by the United States Agency for International Development.
http://en.wikipedia.org/wiki/Bill_and_Melinda_Gates_Foundation (what's the point of this thread, that the world is peak oil ending and overpopulated, so you shouldn't help the sick and just let infectious disease breed and run rampant? That's a dangerous, foolish attitude. Here's an example: Russia is not doing enough about HIV in their own country, now a new super virulent strain has evolved over there:
http://www.huffingtonpost.com/2013/10/2 ... 38219.html)
These are just the health initiatives:
$this->bbcode_second_pass_quote('', 'T')he Global Fund to Fight AIDS, Tuberculosis and Malaria
Over $1.3 billion donated as of 2012.
Polio eradication
The Foundation provides 17% (US$86 million in 2006) of the world budget for the attempted eradication of poliomyelitis (polio).[29]
The GAVI Alliance
The foundation gave the GAVI Alliance (formerly the “Global Alliance for Vaccines and Immunisation”) a donation of US$750 million on January 25, 2005.[30][31]
Children's Vaccine Program
The Children's Vaccine Program, run by the Program for Appropriate Technology in Health (PATH), received a donation of US$27 million to help vaccinate against Japanese encephalitis on December 9, 2003.[32]
HIV Research
The foundation has donated a grand total of US$287 million to various HIV/AIDS researchers. The money was split between sixteen different research teams across the world, on the condition that they share their findings with one another.[33]
Aeras Global TB Vaccine Foundation
The foundation gave the Aeras Global TB Vaccine Foundation more than US$280 million to develop and license an improved vaccine against tuberculosis for use in high burden countries.[34][35]
Cheaper high-tech TB test
In August 2012, the foundation, in partnership with PEPFAR (United States President’s Emergency Plan for AIDS Relief), USAID (United States Agency for International Development), and UNITAID (an international drug purchasing facility hosted by WHO), announced they had finalized an agreement to reduce the cost of a commercial TB test (Cepheid’s Xpert MTB/RIF run on the GeneXpert platform) from $16.86 to $9.98. This test can take the place of smear microscopy, a technique first developed in the 1880s by Robert Koch. Smear microscopy often does not show TB infection in persons who are also co-infected with HIV, whereas Xpert MTB/RIF can show TB in the co-infected patient. In addition, the GeneXpert system can show whether the particular TB strain is resistant to the antibiotic rifampicin, which is a widely accepted indicator of the presence of multi-drug resistant tuberculosis.[36][37]
Visceral Leishmaniasis Research
The foundation awarded the Hebrew University of Jerusalem Kuvin Center for the Study of Infectious and Tropical Diseases a US$5 million grant in 2009 for research into visceral leishmaniasis, an emerging parasitic disease in Ethiopia where it is frequently associated with HIV/AIDS, and a leading cause of adult illness and death. The project is a collaborative effort with Addis Ababa University and will gather data for analysis to identify the weak links in the transmission cycle and devise methods for control of the disease.[38]
The foundation has also given The Institute for OneWorld Health a donation of nearly US$10 million to support the organization's work on a drug for visceral leishmaniasis.
Next Generation Condom
The foundation is offering $100,000 to the scientist who can develop an improved condom,[39] one that "significantly preserves or enhances pleasure, in order to improve uptake and regular use" according to the Gates Foundation's Grand Challenges in Global Health website.[12] The condom challenge is one of five health initiatives put forward in Round 11 of the Grand Challenges Explorations, a program that rewards innovative, unorthodox approaches to global health and disease prevention.
Neglected tropical diseases
The foundation took the initiative of the WHO-inspired project called London Declaration on Neglected Tropical Diseases launched on 30 January 2012 in London, and had allocated a 5-year US $363 million commitment, the largest funding for the project. The programme is to eradicate or control 10 major tropical diseases by 2020.[40][41]
http://en.wikipedia.org/wiki/Bill_and_Melinda_Gates_Foundation