In 2013, the total amount of private global funds going to HIV causes added up to $592 million, which represents an 8 percent drop from 2012 and is the lowest level of private funding for the epidemic since 2007, according to a new report by Funders Concerned About AIDS (FCAA).
Titled Philanthropic Support to Address HIV/AIDS in 2013, the report notes that the decline might be linked to the closing of several sources of HIV money, notably The Irene Diamond Fund and The Diana, Princess of Wales Memorial Fund. In addition, funds may have been redirected to other health concerns, including hepatitis C, chronic diseases, and maternal and child health.
Other findings from the report include:
- The top five HIV funders in 2013 were The Bill & Melinda Gates Foundation, MAC AIDS Fund, Gilead Sciences Inc., Wellcome Trust and the Ford Foundation.
- HIV funding from the United States totaled $431 million, which is a 4 percent drop from the previous year. Only $95 million, or 22 percent of the total, was directed to the domestic epidemic within the states.
- The top five populations groups that received HIV funds in 2013 were “women, people living with HIV/AIDS (where there was no further target population specified), orphaned and vulnerable children, and youth.”
Click here to read the FCAA's press release about the findings and to download the full report.