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Fighting AIDS – Grants to agencies

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The United Nations campaign against the AIDS epidemic in Africa has received a $12 million boost from the foundation that manages a $1 billion gift from media mogul Ted Turner, Reuters reported Dec. 20.

The United Nations Foundation was established to administer $100 million a year for 10 years from the $1 billion donation of Time-Warner stock that Turner announced in 1997.

The donation was the largest the U.N. has received from a private source.

The AIDS grant will fund projects at several U.N. agencies including the World Health Organization, the U.N. Population Fund and UNICEF.

For full story, go to AltaVista.

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