• Comic Relief

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  • Proceeds to Gavi from donor contributions & pledges (2016-2020) as of 31 March 2017

     

     

    Note: Proceeds are funds made available to Gavi from donor contributions and commitments, either through cash payments made to Gavi, through frontloading via the capital markets of a future donor commitment to IFFIm, or through AMC funds released to Gavi via the World Bank. Future IFFIm proceeds from new pledges made at the Berlin pledging conference are indicative and are based on certain assumptions including future interest rates and foreign exchange rates generated from financial market data, and donor payment schedules. These assumptions may differ from conditions prevailing at the time of grant and legal agreement signing, which may result in different projected and realised IFFIm proceeds.

  • Contributions and pledges over time (US$ millions)

     

    Click on Direct, IFFIm, AMC or Matching Fund in the above key to toggle their data on the graph, click again to show the data
     

    Notes:
    Direct Contributions (including Matching Fund)
    Received contributions: non-US$ contributions for 2000-2016 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014, 2015 and 2016, where contributions were hedged to mitigate currency risk exposure, these have been expressed using the rates applicable to the hedge agreement.

    Future contributions: non-US$ Direct Contribution and Matching Fund pledges for years 2017 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 31 March 2017 or using the rates applicable to any hedge agreement in place.

    IFFIm contributions
    Received contributions: non-US$ contributions for 2000-2016 are expressed in US$ equivalents as confirmed by the IBRD (World Bank)

    Future contributions: non-US$ contributions are expressed in US$ equivalents as follows:

    • Where the contribution agreement has been signed: contributions are expressed in US$ equivalents using the exchange rates at the time of signing the respective donor grant agreements
    • Where the contribution agreement has not yet been signed: non-US$ pledges for years 2017 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 31 March 2017
    • These contributions have not been reduced by a notional 3% provision to allow for any potential reduction arising from the High Level Financing Condition of the IFFIm Finance Framework Agreement.

     

  • Funding history

    Comic Relief is a UK-based charity that strives to create a just world, free from poverty. Its mission is to drive positive change through the power of entertainment. Since being launched on Christmas Day in 1985, live on BBC television, Comic Relief has raised millions of pounds through two big fundraising campaigns in the UK: Red Nose Day and Sport Relief. That money is used to tackle the root causes of poverty and social injustice. The idea is simple: Comic Relief makes the public laugh as a way to raise money to help people in desperate need.

    Alternating between Red Nose Day Campaigns and Sport Relief Campaigns annually since 2012, Comic Relief has been successful in raising significant funding and awareness for Gavi’s immunisation programmes.

    During Gavi’s Reach Every Child Pledging Conference in Berlin, Comic Relief pledged an additional GBP 3 million through the Gavi Matching Fund.

    All of Comic Relief’s UK contributions are matched by the Bill and Melinda Gates Foundation, bringing the total sum to date to GBP 27 million.

    In 2015, Comic Relief launched the Red Nose Day Fund, a US-based charity program that raises awareness and money to help alleviate child poverty in the US and around the world. In 2015, Red Nose Day-USA provided USD 1.2 million to Gavi through a direct contribution. In 2016, Red Nose Day Fund provided USD 2.5 million to Gavi through a direct contribution; this was matched by the Gavi Matching Fund with USD 2.5 million.

    Contributions and pledges in total:

    • Direct funding (2015-2016): USD 1.2 million;
    • Matching Fund (2012-2018): USD 26.1 million;
    • Matched by the Bill & Melinda Gates Foundation: USD 26.1 million.
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