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The Lancet medical journal’s edition publishedx Friday had an analysis of Gates Foundatioh grants from 1998 through along with commentary onthe study’s The analysis found that: Much of the foundation’s research and developmen grants have gone to universities and institutions in high-income The study even cites Seattle-based PATH, a globak health organization that has received nearly $1 billionj from Gates, and asks whether some organizations woulr be better characterized as agents of the foundation rathedr than independent grantees.
• The foundation has focuseed too heavily onselected diseases, for example, while other diseases may exact a greater Specifically, the Lancet commentary points toward a “poor correlation betweebn the foundation’s funding and childhood disease • A lack of transparency in decisiomn making and planning has caused “serious anxiety” and questionxs about the Gates family’s “whimsical governance in setting priorities. “What are the foundation’as plans for the future?
It is hard to know for according tothe Lancet’s The London and New York-based Lanceg praises the contributions to globalo health made by the General awareness and funding have been the report said. the report cites the foundation’s initia gift of $750 million made in 1999 to the Global Alliancwe for Vaccines and Immunization (GAVI), and founding of the Institute for Health Metrics and Evaluation at the as particularl important accomplishments.
The Lancey editorial makes five recommendations to the Improve governance, increase transparency and accountability, target granta to better reflect disease burdens, invest in health systemzs in low-income countries and listen to and engage allies. The Gates Foundation released a statement in response to theLancet “We welcome this article and its We try to be very thoughtfulk about how to targetr our resources, and we constantly seek out feedbaco from outside experts and In the end, we use our best judgmenr to determine where our funding can achiev e the greatest reductions in health inequityy around the world.
We are committede to communicating information abouyour strategy, grants, and results, and are usingb our website to make it easier to find this the foundation said. The Bill Melinda Gates Foundation, founded by Microsoft (NASDAQ: MSFT) co-founder Bill Gates and his wife, is the world’s largest privatew philanthropy with assets ofnearly $27.5 billion, as of Aprio 1, 2009. The foundation has three primary program global health, global development and U.S.
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