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CDC HIV/AIDS/Viral Hepatitis/STD/TB Prevention News Update
Drop in Donations Puts AIDS Groups at Risk
Swanson, Stevenson
July 20, 1999
Chicago Tribune Online (07/19/99)

A new survey by Funders Concerned About AIDS, a New York group, reveals a 21 percent decline in the number of donors making HIV or AIDS grants since 1997. The study, which involved 276 foundations and corporate givers, also found that the number of grants of $50,000 or more dropped 22 percent in the same period. In addition, the 1998 Foundations Grant Index shows that private foundation funding for AIDS prevention, treatment, and research dropped $7 million in 1997 from $37 million in the previous year. By all indications, small gifts are declining as well. Federal AIDS funding has seen a heartening 17 percent increase in the last year, from $4.7 billion to $5.5 billion. Analysts attribute the drops in giving to misperceptions that AIDS has become a "manageable disease," as well as donor fatigue.