The Children's Investment Fund and the Children's Investment Fund Foundation (CIFF) were established by billionaire Christopher Hohn and his ex-wife Jamie Cooper. While the Children's Investment Fund—a hedge fund, by the way—used to donate a portion of all of its fees to charitable organziations, these days, most of Hohn's philanthropy takes place through the Children's Investment Fund Foundation, an outfit that aims to "transform the lives of poor and vulnerable children in developing countries." Before the couple divorced, Hohn steered more than $2 billion to the charity.
Here are a couple of must knows about CIFF:
1. Children's Global Health is a High Priority
In 2010, CIFF made a $45 million grant to the Elizabeth Glaser Paediatric AIDS Foundation toward a five-year program supporting the efforts of Zimbabwe’s Ministry of Health and Child Care to lower the number of new HIV infections among infants. The goal is to reduce the risk of mother-to-child transmission from 28 percent to 12 percent by improving testing, treatment and tracking of both mother and child, and increasing access and care at health centers.
Recent money has also gone to African Leaders Malaria Alliance. CIFF also recently gave $50 million to the Uniting to Combat Neglected Tropical Diseases partnership. The collaboration aims to support the World Health Organization's plan to control, eliminate and eradicate 10 specific diseases such as leprosy and Chagas disease.
CIFF has also shown a willingness to support health outbreaks, committing $20 million in response to the Ebola outbreak in West Africa.
2. CIFF Has Also Fought Against Children's Malnutrition
One of the foundation's four priority areas is children's nutrition. It's partnered with Nigeria’s Federal and State Ministries of Health and UNICEF, toward a program in Northern Nigeria which delivers nutrient-rich peanut paste to children suffering from severe acute malnutrition.
As well, the foundation has considered the impact that worm infections have on children's educational outcomes and overall life outcomes. To that end, CIFF has bankrolled deworming efforts. As well, CIFF recently partnered with Ethiopia SURE!, toward a project to reduce stunting in children under five in four agrarian regions by up to 26 percent.
3. CIFF Also Cares About Climate Change
In 2008, CIFF also launched a special initiative on climate change, which the foundation considers to be a significant challenge facing children's futures as well. Within this realm, the foundation focuses on "smart urbanization" and "energy sector transformation" mainly in Europe, China, and Latin America.
Hohn has also recently given large sums to the Tides Foundation, the donor advised fund in San Francisco, possibly also toward helping children in developing countries. The exact nature of this grantmaking is unclear.
Looking ahead, Hohn is only in his late 40s, so this is likely just the beginning.
Related: Christopher Hohn