>>56782 (PB)
>>57090 (PB)
1 of 3
Continuing National Endowment for Democracy and Dis-Information Digg
Looking at Major Funders for Poynter Institute yesterday and scanning IRS Form-990's to come up with the tax exempt organizations' net assets I saw an intrasting investment by the Andrew Mellon Fund (net assets of $6.86 Billion). It jumped out b/c it was such a small investment; < $300k. The company Mellon had listed on page #1238 of their 2018 Form-990 is KPCB Pandemic Preparedness & B[cut off]
https://apps.irs.gov/pub/epostcard/cor/131879954_201812_990PF_2020012817075550.pdf. This morning went in search of….
In 2006, Kleiner Perkins Caufield & Byers (KPCB) invested $200M to create the Pandemic Preparedness and Bio Defense Fund in response to the Avian Flu, or H1N1. Per BioSpace from 2006:
The goal of the new $200 million fund is to accelerate innovations for worldwide pandemic preparedness and global health over the next three years, with a focus on surveillance and detection, diagnostics, vaccines and drugs.
"We will invest in companies developing fundamentally new platforms for detection, prevention and treatment of global, pathogenic infectious diseases," said Brook Byers. "More than 15 million people worldwide die each year from infectious diseases. Over one third of the world's population lacks access to essential drugs. This new fund addresses the immediate requirement for the science, pharmaceutical, and government sectors to close significant gaps in global public health preparedness."
John Doerr added, "We will invest to accelerate innovation, and we're in a hurry. We hope even a mild pandemic never recurs. But we must prepare for the worst. Everyone should have access to these innovations. They must be offered at universally affordable prices to the developing world."
https://archive.vn/UkKpv