Private Funding to Address HIV and AIDS Dropped $9M in 2021
This piece originally appeared in POZ.
Global philanthropic funding in the form of private grants to fight the HIV epidemic dipped $9 million to $692 million between 2020 and 2021, according to the latest annual report from Funders Concerned About AIDS (FCAA).
Although the drop represents a 1% decline in funding, the report authors say the data “raises red flags” because “waning support for HIV is not an anomaly…private philanthropic resources for HIV have shown a slow and steady decline in recent years.”
This year’s report on 2021 data marks the 20th edition of “Philanthropic Support to Address HIV and AIDS” and it covers a year that commemorated the 40th anniversary of what’s generally considered the start of the epidemic: June 1981, when the Centers for Disease Control and Prevention first wrote about the disease that became known as AIDS.
The report includes information on more than 5,000 grants disbursed by 187 funders and awarded to 2,800 grantee organizations. As such, it offers a snapshot of the philanthropic response to the epidemic.