- The Children's Investment Fund Foundation
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The Children's Investment Fund Foundation UK (CIFF UK) is a large charitable organization in the United Kingdom.
It was founded in 2002 by hedge fund manager Chris Hohn and his wife Jamie Cooper-Hohn.
It is a registered charity in England & Wales and in 2006–7 had a gross income of £324 million,[1] making it one of the 30 largest charities in the UK.[2]
It receives its funding as an annual donation representing 1/2 of 1% of assets from TCI FM (The Children's Investment Fund Management) which manages the London‐based hedge fund The Children's Investment Fund founded by Chris Hohn in 2003. His wife manages the charitable organization.[3]
Activities
CIFF is focused on improving the lives of children living in poverty in developing countries. Its main areas of activity are HIV/AIDS, emergency humanitarian aid and microfinance.[4]
On the 18 December 2008, the William J. Clinton Foundation released a list of all contributors for presumably the 2008 year. It included The Children's Investment Fund Foundation, which gave greater than US$25 million. It was not a contributor for 2009.[5]
The fund is also a top institutional holder of Lockheed Martin.[6]
References
- ^ The Children's Investment Fund Foundation UK, Registered Charity no. 1091043 at the Charity Commission
- ^ Ranked by total annual income averaged over three years. Source: "Charity 100 Index". Charity Finance. April 2008. ISSN 0963-0295.
- ^ The Little Fund with Big Demands, Businessweek, May 23, 2005
- ^ *Profile at European Foundation Centre
- ^ Contributor Information to the William J. Clinton Foundation
- ^ http://finance.yahoo.com/q/mh?s=LMT+Major+Holders
External links
- The Children's Investment Fund Foundation website
- The Children's Investment Fund Foundation UK, Registered Charity no. 1091043 at the Charity Commission
- Financial Times: "Feared fund turns to business of charity", by James Mackintosh, 2 July 2007
- Management Today: "The new new philanthropists", by Ian Wylie, 1 October 2007
- The Independent: "Financier in record £230m donation to charity", by Arifa Akbar, 3 July 2007
Categories:- Children's charities based in the United Kingdom
- Organizations established in 2002
- Microfinance
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