Children’s Investment Fund Foundation pledges $787m to tackle under-nutrition

Howard Lake | 10 June 2013 | News

The Children’s Investment Fund Foundation (CIFF) is to invest $787 million (£507 million) over the next seven years in the effort to eradicate under-nutrition, the largest single investment in this area by a private foundation anywhere in the world.

Nutrition is one of CIFF’s key priority areas, identified as delivering the greatest large-scale, cost-effective benefit for the world's children.

The investment was announced together with other pledges from institutional donors of up to $4.15 billion (£2.67 billiion) at the Nutrition for Growth meeting in London at the weekend.

Jamie Cooper-Hohn, co-founder and CEO, Children’s Investment Fund Foundation (CIFF), said: "Today we have seen a historic shift with nutrition taking its place at the heart of the health, education and economic development agendas. The investments announced today will transform the lives of millions of children as well as the economic growth and prosperity of nations."

CIFF was founded in 2002 by hedge fund manager Chris Hohn and his wife Jamie Cooper-Hohn. A grant-making charity, it talks in terms of investments rather than gifts or grants.

In June 2013 it had an endowment of over $3.9 billion (£2.5 billion).

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.