A Quiet Exodus: Funders Exit HIV Giving Even as Equity Gaps Grow
This article originally appeared on Inside Philanthropy.
Athena Cross, Carl Baloney, and Jesse Milan Jr., Guest Contributors
Funders are quietly exiting HIV philanthropy, and we need to talk about it.
Our organization, AIDS United, received word this year from two longtime corporate funders — including one as recently as two weeks ago — that they will no longer provide charitable funding for HIV.
And it’s part of a more significant trend.
According to data published by Funders Concerned About AIDS, since reaching a high watermark in 2008, HIV-related giving has decreased a staggering 17% when adjusted for inflation. The report also shows an ever-increasing number of funders leaving the space.
This exodus leaves HIV organizations to rely more heavily on other funding sources.