February 1, 2009

Gates Foundation donates $255 million to help Rotary fight polio

From Rotary International News, 29 January 2009
Rotary Photo/Monika Lozinska-Lee

Last week during the 2009 International Assembly, Bill Gates announced a new US$255 million challenge grant to Rotary in the global effort to eradicate polio. In response to the new grant, Rotary will raise $100 million in matching funds. In November 2007, RI received a $100 million Gates Foundation grant, which Rotary committed to match by raising $100 million.

"...Rotary International and other donors are doing a great job so far coming up with the extra resources that are needed (for polio eradication)," Gates states in the letter. "Just this month I went to a Rotary meeting and helped announce more than $600 million in new money from various sources that will go toward eradicating polio."

Update: View a short video of Bill Gates' remarks to the RI Assembly : http://www.6110times.org/news/09/02/03/gates/gatesvideo.html

For more information, see: http://www.rotary.org/en/MediaAndNews/News/Pages/090129_news_gatesletter.aspx

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