The Children's Investment Fund Foundation

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The Children's Investment Fund Foundation UK (CIFF UK) is a large charitable organization in the United Kingdom.

It was founded in 2002 by Jamie Cooper-Hohn and her husband hedge fund manager Chris Hohn.

It is a registered charity in England & Wales and in 2006–7 had a gross income of £324 million,[1] making it one of the 30 largest charities in the UK.[2]

It initially received its funding as an annual donation representing 1/2 of 1% of assets from TCI FM (The Children's Investment Fund Management) which manages the London‐based hedge fund The Children's Investment Fund founded by Chris Hohn in 2003. His wife manages the charitable organization.[3] 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 on a discretionary basis.[4]

Activities[edit]

CIFF is focused on improving the lives of children living in poverty in developing countries. Its main areas of activity are HIV/AIDS, emergency humanitarian aid and microfinance.[5]

On the 18 December 2008, the William J. Clinton Foundation released a list of all contributors for presumably the 2008 year. It included The Children's Investment Fund Foundation, which gave greater than US$25 million. It was not a contributor for 2009.[6]

Neglected tropical diseases[edit]

CIFF was one of the major forces behind the launching of the London Declaration on Neglected Tropical Diseases, a WHO inspired collaborative disease eradication programme of 10 neglected tropical diseases. The programme was launched on 30 January 2012 in London.[7][8]

References[edit]

  1. ^ The Children's Investment Fund Foundation UK, Registered Charity no. 1091043 at the Charity Commission
  2. ^ Ranked by total annual income averaged over three years. Source: "Charity 100 Index". Charity Finance. April 2008. ISSN 0963-0295. 
  3. ^ The Little Fund with Big Demands, Businessweek, May 23, 2005
  4. ^ "TCI Hedge Fund in Britain Ends Ties to Charitable Arm". 18 June 2014. 
  5. ^ *Profile at European Foundation Centre
  6. ^ Contributor Information to the William J. Clinton Foundation
  7. ^ WHO (3 February 2012). "WHO roadmap inspires unprecedented support to defeat neglected tropical diseases". who.int. World Health Organization, Geneva. Retrieved 2013-05-29. 
  8. ^ The Pharma Letter (31 January 2012). "Research-based pharma pledges on neglected tropical diseases". thepharmaletter.com. Retrieved 2013-05-29. 

External links[edit]