Millennium Foundation
independent, non-profit Swiss organization
The Millennium Foundation for Innovative Finance for Health is an independent, non-profit Swiss organization, established in November 2008 in order to create new ways to finance health systems in low- and middle-income countries. Based in Geneva, Switzerland, the Millennium Foundation aims to ensure that international commitments on improving health care are met through the development of innovative financing projects. Its first such project – called MassiveGood – was launched on 4 March, and will give travelers the possibility to add a $2, £2 or €2 micro-contribution to the purchase of a travel reservation, with all proceeds going to the fight against HIV/AIDS, malaria and tuberculosis.
Mission and Activities
In 2000 the United Nations agreed to achieve eight international development goals by the year 2015, called the Millennium Development Goals (MDGs). Three of these goals are health related – to treat and fight life-threatening diseases, including HIV/AIDS, malaria and tuberculosis; to reduce childhood mortality; and to improve maternal health. Despite repeated commitments to the three health-related MDGs and increased funding available for development, HIV/AIDS, malaria and tuberculosis still have appalling human and economic consequences in developing countries. Official Development Assistance has been increasing in the past few years but cannot keep up with the damage done by the economic crisis on low- and middle-income countries. In order to bridge this financing gap, the international community has looked into new funding mechanisms. The Taskforce on Innovative International Funding for Health Systems issued in June 2009 a report acknowledging the potential of innovative sources of funding: Innovative Financing projects that have sprouted up in the past decade include Product Red, the International Finance Facility for Immunization, the Global Fund, the GAVI and UNITAID. UNITAID is funded by a small tax on airlines tickets levied in 12 countries and budgetary contributions from 17 countries. Since 2006, UNITAID has committed over US$730 million to support 16 projects in 93 countries.
The public source identifies “Millennium Foundation” as independent, non-profit Swiss organization. This brief keeps that definition visible, then builds a research path around Millennium, Foundation and independent.
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The record creator and administrative purpose are central evidence, because official documentation reflects both action and institutional priorities. The source revision retrieved here is dated May 5, 2026. The linked authority identifier is Q3075648. 2 of 2 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 2008, 2000, 2015 and 2009.
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This entry incorporates text from “Millennium Foundation” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.