September 26, 2008, 05:12 PM ET
Clinton Says $8-Billion Raised at Philanthropy Meeting
Bill Clinton ended his annual philanthropy conference by saying this year’s event triggered 250 commitments estimated to be worth $8-billion. These commitments can be in the form of donations, business investments, volunteer time, and other work.
As part of this total, he announced a $100-million commitment to rebuild Haiti, which was devastated by several hurricances recently. Saying he has a special place in his heart for the island nation, where he spent his honeymoon, Mr. Clinton called on stage the president of Haiti to thank almost a dozen people who are part of the effort.
The promises include distributing shoes to children and providing seeds and agricultural training to farmers.
Mr. Clinton said the Haitian project came together very quickly, pointing out that the actors Angelina Jolie and Brad Pitt called him this morning to pledge to pay for the rebuilding of 12...
Read MoreSeptember 26, 2008, 05:11 PM ET
U.K. Leader Sees Global Opportunity
During the last session of the Clinton Global Initiative, Gordon Brown, the prime minister of the United Kingdom, said the current financial crisis facing America can be an opportunity to improve the worldwide economy.
He said the problem can be a chance “to build a truly global society,” one which provides new jobs in the United States to replace the work that is being sent overseas and allows for resources, such as energy and food, to be cultivated and spread more evenly.
If the inequality between the rich and poor continues to grow, he said, so will tensions between them. Impoverished people will start asking more frequently, “Why can I not have some benefit from globalization that is happening around the world?”
While he said he understood the concerns of the anti-globalization movement, he said that the increasing connectedness of the world is inevitable.
As an example,...
Read MoreSeptember 26, 2008, 12:48 PM ET
Philanthropy's Faults
A panel at the Clinton Global Initiative on philanthropy in rural areas sparked a broader discussion — and complaints — about charitable giving.
The discussion’s moderator, Steve Gunderson, president of the Council on Foundations, struggled to keep the speakers focused on the main topic when one of them, Wangari Muta Maathai, said that not enough is done to help Africans lift themselves out of poverty.
“You have to help these people rise up and walk,” said Ms. Maathai, founder of the Green Belt Movement, a charity in Kenya.
Rick Warren, pastor of the Saddleback Church, which does antipoverty work in Rwanda and elsewhere, agreed. “So much of what we do in philanthropic development robs people of dignity, removes initiative, destroys their own economy. It’s actually counterproductive,” he said.
Good giving works like an injection of yeast into dough — a relatively small...
Read MoreSeptember 26, 2008, 12:29 PM ET
Mega-Commitments
During his annual philanthropy conference this year, Bill Clinton has tried to have more so-called mega-commitments — pledges by a large group of people focusing on often-overlooked global problems.
The big promises provide an insight into what the former president, and the scholars and philanthropy experts he hires to organize the conference, consider to be important issues.
So far, the mega-commitments have included money for clean water and sanitation, assistance to entrepreneurs in poor countries, mobile phones to link needy people to financial services, and programs to feed impoverished students.
September 26, 2008, 12:25 PM ET
Star Power and Philanthropy
As with previous years, several celebrities are attending the Clinton Global Initiative this week to push for charitable causes they’re passionate about.
Among the Hollywood elite here: actress Drew Barrymore and actor Matt Damon.
Ms. Barrymore came to the event to promote international anti-hunger efforts. Mr. Damon spoke about his support for programs that provide clean water and sanitation to people in Africa and other impoverished regions.
Speaking to reporters alongside a group of charity and foundation leaders, Mr. Damon acknowledged his somewhat odd position. “Alright, who invited the stupid actor and why is he batting clean-up on this excellent panel?” he asked to laughter.
Despite the humor, Mr. Damon spoke passionately about water issues. He said a 14-year-old African girl inspired him to become an antipoverty advocate when he learned she wanted to move to a big...
Read MoreSeptember 26, 2008, 11:20 AM ET
Clinton and the News Media
Perhaps more than any other event on philanthropy, the Clinton Global Initiative attracts a huge number of journalists from around the world.
This year, more than 1,000 reporters attended, according to a spokesman for the conference.
But given such an influx of scribes and broadcasters, the Clinton team places restrictions on them. Starting with last year’s meeting, reporters are not allowed to mingle with participants unless escorted by a Clinton staff member, event volunteers stand guard to prevent reporters from breaching restricted areas, and cocktail parties that were open to the press two years ago are now closed.
To be sure, the Clinton Global Initiative has always kept a tight rein on reporters. Since its start in 2005, journalists have been barred from sessions on specific topics — the so-called breakouts.
These sessions are broadcast live on televisions to the...
Read MoreSeptember 25, 2008, 05:35 PM ET
Gates Promises $168.7-Million For Malaria Vaccine
During a meeting at the United Nations today, Bill Gates said his foundation is awarding $168.7-million to create a malaria vaccine.
The money will support work by PATH, a large health nonprofit group in Seattle, to develop a potential anti-malaria drug with pharmaceutical giant GlaxoSmithKline.
“I’m very hopeful that the malaria vaccine currently in advanced testing will be proven effective, but that will just be the first step,” said Mr. Gates. “Now it’s time to develop a new generation of vaccines that are even more effective, and could someday help eradicate malaria altogether.”
The grant was announced as world leaders said they plan to eradicate malaria by 2015.
In addition to the Gates grant, other private contributions to anti-malaria work announced today include $1.6-billion from the Global Fund to Fight AIDS, Tuberculosis, and Malaria to pay for the distribution of...
Read MoreSeptember 25, 2008, 04:16 PM ET
Broad Promises $6-Million Education-Research Gift
Philanthropist Eli Broad promised $6-million to develop a new education research center at Harvard University today as part of the Clinton Global Initiative.
The Education Innovation Laboratory, or EdLabs, will foster new ways to solve problems with K-12 education, such as racial inequity in graduation rates, and rigorously study the programs that do work, said Mr. Broad.
“The National Institutes of Health is the engine for scientific and medical research, and the Defense Advanced Research Project develops innovations in technology and security, but K-12 education has no R&D agency,” he said.
He said no similar effort exists at other higher-education institutions or within the Department of Education.
“It’s a niche that had to be filled,” the donor said.
EdLabs will first work with three school districts — Chicago, New York City, and Washington, D.C.
“We need to think a...
Read MoreSeptember 25, 2008, 04:14 PM ET
New Philanthropic Pledges
During today’s Clinton Global Initiative, several large philanthropy commitments were made:
• The YUM! Brands restaurant company promised to give $80-million over the next five years to anti-hunger groups to provide meals to school children. The majority of that pledge — $50-million — will support the World Food Programme.
• The PepsiCo Foundation pledged $7.6-million to provide access to safe water and sanitation to people in poor countries. WaterPartners International, in Kansas City, Mo., will receive $4.1-million, and Safe Water Network, in Westport, Conn., will get $3.5-million.
• Mercy Corps, an aid group in Portland, Ore., said it is starting a multimedia center to educate the general public about hunger issues. The so-called Action Center to End World Hunger will open next month in New York and will feature exhibits on the experience of aid workers abroad, the causes of...
Read MoreSeptember 25, 2008, 12:57 PM ET
Presidential Candidates Pledge To Fight Poverty
Amid presidential election drama and the negotiations for a bailout of the U.S. financial system, both Barack Obama and John McCain took time today to speak to participants of the Clinton Global Initiative.
While the senators discussed the $700-billion federal plan to curb the financial crisis, they also made broad commitments to fight climate change, end deadly diseases, and eradicate global poverty.
Mr. McCain, a Republican from Arizona, said he would improve how the federal government provides assistance abroad. “We should and must reform our aid programs to make sure they are serving the interest of people in need, and not just serving special interests in Washington,” he said.
In the White House, he said, he would build upon the work of the Bill & Melinda Gates Foundation and other nonprofit groups to eliminate malaria, prevent tuberculosis, and improve maternal and child ...
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