Philanthropy Today

The Gates Foundation will put $1.6 billion into the GAVI global vaccine-purchasing consortium over the next five years in an effort to limit the damage from the Trump administration’s rollback of foreign aid. The administration said it plans to cut its $300 million annual contribution to the alliance, which GAVI’s CEO said could result in around 1.2 million additional deaths over the next five years. GAVI, which serves poorer countries, hopes to raise $9 billion from a pledging event in Brussels today. (Reuters)

• Plus: How Medical Groups May Preserve Vaccine Access — and Bypass RFK Jr. (Washington Post)
• Background from the Chronicle: The Gates Foundation, the World’s Biggest Philanthropy, Announces Plans to Shutter in 2045

Two Florida men face federal fraud charges after prosecutors said they used a nonprofit to bilk people with special needs out of more than $100 million. Leo J. Govoni ran the Center for Special Needs Trust Administration, ostensibly to help disabled people and their families manage settlements, court awards, and other payments, but prosecutors said that over 25 years Govoni, with help from accountant John L. Witeck, used the accounts as a slush fund to live in luxury. The nonprofit declared bankruptcy last year and disclosed that $100 million was missing from trust accounts. (New York Times)

More News and Opinion

• Michael Bloomberg Announces New $20 Million Fund for Tobacco Control (Devex)
  
  • Background from the Chronicle: Bloomberg’s Millions Funded an Effective Campaign Against Vaping. Could It Do More Harm Than Good?
• San Francisco Mayor’s Plan to Use the Private Sector to Rescue Downtown (San Francisco Standard)
• Lawsuit Challenges Tennessee Law Against ‘Harboring’ Undocumented People (Washington Post)
• Greenpeace Joins Anti-Bezos Protest With Venice Banner Complaining About Billionaire Tax Breaks (Associated Press)
• Opinion: What Environmentalists Like Me Got Wrong About Climate Change (New York Times)

Higher Education

• Behind Closed Doors, Harvard Officials Debate a Risky Truce With Trump (New York Times)
• Harvard Is Back to the Negotiating Table With Trump. Here Are Changes the University Has Made to Align With His Goals. (Boston Globe)
• Here Is All the Science at Risk in Trump’s Clash With Harvard (New York Times)

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