Bill & Melinda Gates Foundation Commits $750 Million to Global Fund
François Iyamuremye and his wife Jacqueline Niyifasha live with their children in Kayenzi, Rwanda. The couple are two of nearly 100,000 HIV positive people in Rwanda. Bill & Melinda Gates Foundation Commits $750 Million to Global Fund 10th anniversary of innovative aid program celebrates millions of lives saved Davos, Switzerland, January 26, 2012 /PRNewswire/ — The Bill & Melinda Gates Foundation today renewed its commitment to the Global Fund to Fight AIDS, Tuberculosis and Malaria. Announced at the World Economic Forum in Davos, Switzerland, the Gates Foundation is giving $750 million through a promissory note—a new and innovative funding mechanism. “These are tough economic times, but that is no excuse for cutting aid to the world’s poorest,” said Bill Gates, co-chair of the Gates Foundation. “The Global Fund is one of the most effective ways we invest our money every year.” Providing funding through a promissory note gives the Global Fund the flexibility and authority to d