These are the largest private global health foundations exerting inordinate influence on public health policy--those policies favor Big Pharma and their own corporate interests and endowment portfolios.
Global Health Philanthropy and Institutional Relationships: How Should Conflicts of Interest Be Addressed? by David Stuckler, Sanjay Basu, and Martin McKee, is a groundbreaking article in PLoS Medicine, illuminating the shadows that blur major conflicts of interest in the public health arena.
The article lifts the veil that hides an intricate web of direct and, more importantly, the indirect interconnected financial ties between private, tax-exempt foundations that are major funders of global health, and commercial corporations. Such relationships cannot but influence a foundation's agenda and funding decisions.
By "following the money," the authors found that "despite the existence of policies explicitly designed to mitigate potential conflicts of interest, the boundaries between foundations, their investments, and their parent corporations or private funders can become blurred. Often, directors of the boards of foundations also sit on the board of private corporations,
adopting multiple roles."
The authors conducted a case study using data about the networks, activities, and funding patterns of the Bill & Melinda Gates Foundation, Ford Foundation, W. K. Kellogg Foundation, Robert Wood Johnson Foundation, and Rockefeller Foundation.
These are the largest private global health foundations exerting inordinate influence on public health policy--those policies favor Big Pharma and their own corporate interests and endowment portfolios.
Read more... http://www.ahrp.org/cms/content/view/799/9/
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