The Children's Investment Fund Foundation (UK) (CIFF) is a large charitable organization headquartered in London with offices in Nairobi and New Delhi. It is a registered charity in England & Wales and in 2012-13 had an income of £100 million and spending of £98 million. With assets of £2.2 billion, it is the 4th largest charity in the UK.
It was founded in 2002 by Jamie Cooper-Hohn and her husband hedge fund manager Sir Chris Hohn.
It initially received its funding as donations from The Children's Investment Fund Management which manages the London-based hedge fund, The Children's Investment Fund founded by Chris Hohn in 2003. Coinciding with the couple's divorce proceedings, changes set in motion in 2012 led to the splitting up of the fund and the foundation. The fund no longer donates money to the foundation on a contractual basis, though it may do so on a discretionary basis.
Jamie Cooper-Hohn managed CIFF until 2013 when Michael Anderson was appointed Chief Executive Officer.
Video The Children's Investment Fund Foundation
Activities
CIFF focuses on improving the lives of children living in poverty in developing countries. Its main areas of activity are children and mothers' health and nutrition, children's education and welfare and smart ways to slowdown and stop climate change. In health, the areas of focus are survival of newborns, prevention of mother to child transmission of HIV/AIDS and deworming. Within nutrition, these are the treatment of severe acute malnutrition and the reduction of stunting. In education, CIFF works on early learning (or pre-primary.) Cleaner (or reduced carbon emission) energy systems and lower carbon emitting and higher resource efficient urbanisation are the areas of priority of CIFF to address climate change.
Some of the grants CIFF made in 2014 include:
- $50 million funding to prioritise national deworming programmes through the Uniting to Combat Neglected Tropical Diseases partnership.
- $50 million to increase the number of children receiving life-saving antiretroviral therapy in partnership with the US President's Emergency Plan for AIDS Relief (PEPFAR).
- $20 million pledged in response to the Ebola outbreak in West Africa.
- Launched (along with UBS Optimus Foundation, Educate Girls and Instiglio) the first ever development impact bond.
In 2013, CIFF committed to spend $787 million over 7 years to tackle malnutrition. This was part of a total pledge of $4.1 billion towards reducing malnutrition announced at the Nutrition for Growth summit in London, co-hosted by the United Kingdom, Brazil and CIFF.
In 2012, CIFF was one of the signatories of the London Declaration on Neglected Tropical Diseases, a WHO inspired collaborative disease eradication programme of 10 neglected tropical diseases.
The Clinton Foundation lists CIFF among 7 organisations from which it received more than US$25 million.
Maps The Children's Investment Fund Foundation
References
External links
- Official website
Source of the article : Wikipedia
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