After visiting the Bloomberg Initiative's site I decided to visit as well the Gates Foundation's site in case there was anything new. Indeed there was. I had mentioned earlier a grant awarded by GF to the New Venture Fund that mentioned tobacco control in Africa. When revisiting the page devoted to this grant it appears that the amount has significantly increased: it's now $4,163,671 instead of $1,329,671.
All the rest remains identical and I could not find any additional information about what's it's all about. Just millions floating around. Philanthrocapitalism at work. Any reason to complain or be surprised?
New Venture Fund
Date: June 2011
New Venture Fund
Date: June 2011
Purpose: to advance the work of the global development community by providing targeted funding to support global development policy, media and advocacy efforts
Amount: $1,329,671
Term: 3 years and 2 months
Topic: Maternal, Newborn, & Child Health, Tobaccohttp://www.arabellaadvisors.com/launch-adapt-manage/client-stories/foundations/effectively-executing-global-grants/
Region Served: Global, North America
Program: Global Development, Global Policy & Advocacy
Grantee Location: Washington, District of Columbia
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