Alwaleed Bin Talal Foundation & Gates Foundation Join Forces to Eradicate
Alwaleed Foundation Pledges $30 Million to Global Polio Eradication Initiative
RIYADH, Saudi Arabia, April 9, 2013
RIYADH, Saudi Arabia, April 9, 2013 /PRNewswire/ -- The Alwaleed Bin Talal
Foundation-Global (Registered in Lebanon), chaired by HRH Prince Alwaleed Bin
Talal Bin Abdulaziz Alsaud, signed a Memorandum of Collaboration (MOC) in a
unique partnership with The Bill & Melinda Gates Foundation, co-chaired by Mr.
Bill Gates to bolster the Global Polio Eradication Initiative. The Alwaleed
Bin Talal Foundation has pledged $30 Million to this critical global effort.
The MOC was jointly signed by Prince Alwaleed and Mr. Bill Gates. This global
commitment is based on a well-defined strategy aimed at reaching a common goal
for improving the quality of life for individuals around the world.
Details of the collaboration will be announced as part of The Global Vaccine
Summit "Celebrating Progress, Saving Lives" that will take place on April
24^th, 2013 in Abu Dhabi, under the patronage of HH General Sheikh Mohamed Bin
Zayed Bin Sultan Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme
Commander of the UAE Armed Forces, and in partnership with UN
Secretary-General Ban Ki-moon, Mr. Bill Gates and HRH Prince Alwaleed.
Building on recent successes, the Summit will endorse the critical role that
vaccines and immunization play in saving lives and protecting children for
life. It aims to turn a spotlight on the importance of building and
maintaining powerful routine immunization systems to keep all children
healthy, no matter where they live. At the summit, donors, global leaders and
partners will demonstrate their support for the Global Polio Eradication
Initiative's Eradication and Endgame Strategic Plan 2013-2018, the first
comprehensive plan to lay out all the critical elements needed to achieve
eradication. Ending polio is an early milestone in the global roadmap to save
more than 20 million lives by 2020.
The Bill & Melinda Gates Foundation works to help all people lead healthy,
productive lives. In developing countries, it focuses on improving people's
health and giving them the chance to lift themselves out of hunger and extreme
poverty. In the United States, it seeks to ensure that all people—especially
those with the fewest resources—have access to the opportunities they need to
succeed in school and life. Based in Seattle, Washington, the foundation is
led by CEO Jeff Raikes and Co-chair William H. Gates Sr., under the direction
of Bill and Melinda Gates and Warren Buffett.
The Alwaleed Bin Talal Foundations are involved in a wide spectrum of
humanitarian and philanthropic activities in more than 70 countries. Their
main focus areas have been established around strategic initiatives, ranging
from Disaster Relief and Community Development, to Women and Youth
Empowerment, as well as Promoting Intercultural Understanding. HRH Prince
Alwaleed Bin Talal has been involved in philanthropy for more than three
decades, both in the Kingdom of Saudi Arabia and abroad and is committed to
supporting humanitarian projects that directly benefit Saudi citizens, as well
as citizens around the world.
SOURCE Alwaleed Bin Talal Foundation
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