Philanthropy News Digest: Grantmaking for HIV/AIDS Totaled $618 Million in 2014, Report Finds
“Philanthropic support for HIV/AIDS initiatives in low- and middle-income countries totaled $618 million in 2014, up eight percent from 2013, a report from Funders Concerned About AIDS [(FCAA)] finds. According to the report … the increase — which followed an eight percent drop in 2013 — was driven by significant increases from the top two funders, the Bill & Melinda Gates Foundation … and Gilead Sciences … The increase in funding was mostly directed to efforts in the United States, making the U.S. the top recipient country of private funding…” Other key findings are highlighted in this FCAA press release (12/13).