These charitable funds and foundations fund life sciences research in more than a single disease, and are known primarily for their charitable contributions to life science researchers and their institutions. [© vichie81 - Fotolia.com]
Global Fund to Fight AIDS, Tuberculosis, and Malaria
2011 Calendar Year
Research Grants Disbursed: $2.623 billion, including:
- $1.5 billion for HIV and TB/HIV
- $0.6 billion for malaria
- $0.4 billion for TB
Total Research Expense: $2.741 billion
Total Expenditure: $3.037 billion
Total Income: $4.182 billion
Headquarters: Geneva, Switzerland
PATH (Program for Appropriate Technology in Health)7
2011 Total Program Services Expenses: $245.324 million, including:
- $121.301 million for vaccines and immunizations
- $72.911 million for emerging and epidemic diseases
- $19.889 million for health technologies
- $17.930 million for maternal and child health
- $11.936 million for reproductive health
- $1.357 million for cross-program expenses
2011 Total Expenses: $284.358 million
2011 Total Revenues, Gains and Other Support: $283.838 million
Headquarters: Seattle, WA
Simons Foundation
2011 Calendar Year
Total Grants Paid: $123.802 million8, including:
$36.274 million (29.3%) for autism
$27.360 million (22.1%) for life science
Total Expenses: $293.227 million
Total Revenue: $251.787 million
Headquarters: New York, NY
Wellcome Trust9
2012 Fiscal Year, ended September 30
Grants Awarded: £599.5 ($905.8 million), including:
- £412.6 million ($623.4 million) for science funding
- £88.4 million ($133.6 million) for Wellcome Trust Genome Campus
- £62.8 million ($94.9 million) for technology transfer
- £35.7 million ($53.9 million) for medical humanities and engagement
Total “Charitable Activity” Funding Commitment: £746.3 million ($1.128 billion)
Total Resources Expended: £837.1 million ($1.265 billion)
Total Incoming Resources: £242.4 million ($366.2 million)
Headquarters: London, U.K.
William J. Clinton Foundation
2010 Calendar Year
Total Foundation Direct Program Expenditures: $74.709 million, including:
- $16.448 million for HIV/AIDS10
- $2.327 million for Childhood Obesity11
Total Expenses and Losses: $303.378 million
Total Revenues, Gains, and Other Support: $311.642 million
Headquarters: New York, NY
Notes:
1 Figures from foundation’s Summary of Grants, 2012 Fiscal Year
2 Interfaces in Science grants are for “young investigators with backgrounds in the physical, chemical, or computational sciences whose work addresses biological questions and who are dedicated to pursuing a career in academic research.”
3 Source for figures is foundation’s Form 990-PF tax return for 2011.
4 Source for figures is foundation’s Form 990-PF for 2011.
5 The foundation funds medical research in cancer, inflammatory bowel disease, and neural repair and rehabilitation. No breakdown was furnished in publicly-available materials on how much in grants were awarded in each disease area. The Form 990-PF lists each paid and approved grant by institutional grantee, without detailing the research being funded.
6 Figures disclosed in Form 990-PF tax return for 2011, available through Guidestar.org.
7 Figures from consolidated financial statements that include the accounts of PATH and PATH’s wholly-owned subsidiaries, including PATH Vaccine Solutions (PVS), a 501(c)(3) non-profit corporation formed to advance the development of vaccines to improve the health of children worldwide; as well as two new wholly owned and controlled subsidiaries formed during 2011: Organization for Appropriate Technologies in Health (OATH), a Ukrainian international nongovernmental organization; and Foundation for Appropriate Technologies in Health - Switzerland (FATH), a Swiss Foundation. OATH and FATH were organized for the purpose of furthering PATH’s exempt mission and purpose.
8 The foundation furnishes percentages, which were multiplied by the “Grants Paid” expense figure also provided to produce the category spending results.
9 The gap between total resources expended and total incoming resources was more than recouped by gains on investments and actuarial gains on defined-benefit pension plans, resulting in an £891.3 million ($1.3 billion) gain in the fund Figures converted to USD via www.xe.com on May 23, 2013.
10 The foundation fights HIV/AIDS through its Clinton Health Access Initiative Inc., formed to work with governments and other partners to increase availability of high-quality AIDS care and treatment for people in need, reduce the cost of essential tests and treatments, and strengthen health systems in the developing world.
11 Childhood obesity spending included two grants disclosed on the foundation’s Form 990 tax return for 2011 because the grants exceeded $5,000. The grants were $1,621,528 to Alliance for a Healthier Generation, a partnership between the foundation and the American Heart Association to combat childhood obesity; and $705,166 to the heart association.
To enjoy more articles like this from GEN, click here to subscribe now!