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The Children’s Investment Fund Foundation (CIFF) in London, which has a long history of partnering with U.S.-based nonprofits to support work outside the U.S. that improves the lives of the most vulnerable children, is redirecting its funding to, and restructuring its contracts to be with, non-U.S., non-governmental organizations.
In a statement announcing the decision, official wrote: “Unfortunately, we are no longer confident in our understanding of the U.S. policy environment for foreign funders of U.S. NGOs, including for international work, which is our focus.”
CIFF’s board decided that as a precautionary measure, and “until applicable laws and rules, and the execution of them, are made clearer by relevant authorities,” CIFF should redirect its funding to, and restructure its contracts to be with, non-U.S. NGOs.
CIFF’s endowment is $6 billion, after charitable activities and costs. The organization has a portfolio of charitable grants with a value of more than $2.1 billion. In the 2020 financial year, grant disbursements totaled $344 million. The organization has $1.7 million designated for multi-year grants.
As reported first on the news platform Devex, multilateral institutions headquartered in the U.S. will not be affected. CIFF gave $12.7 million to the Rockefeller Foundation; $7.3 million to PATH Foundation; $7.1 million to Piramal Foundation USA; and $6 million to The Carter Center. Its total grants added up to $640 million in 2024.
