January 29, 2001

Gates donates $100M to AIDS research

Author: JT Smith

IDG.net reports: "The Bill & Melinda Gates Foundation, the charitable foundation established by Microsoft Corp.
Chairman and Chief Software Architect Bill Gates and his wife, have announced a six-year $100
million donation to the International AIDS Vaccine Initiative (IAVI).

IAVI is an international non-profit organization that is working toward the development and
distribution of preventative vaccines against AIDS, and the money will serve two purposes, said the
group in a statement. It will go toward IAVI's vaccine development work plan, which is expected to
cost $550 million through 2007, and the group hopes publicity surrounding the donation will also help
attract support from others."


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