Largest annual budget announced: $8.6 million for 2024

The Ingrid Hope Foundation today announced its largest annual budget to date as it works toward the goal of a healthier, more prosperous world for all. With global health budgets in decline overall, a portion of the additional funding will advance innovations that save and improve the lives of some of the world’s most vulnerable people, including newborn babies and pregnant mothers in low-income communities.

The foundation’s $8.6 million 2024 budget was formally approved. The budget represents an increase of 4% over the prior year and a $2 million increase over the 2021 budget.

The increase comes as global contributions to health in the lowest-income countries are stalling. While overall aid spending has leveled off, sub-Saharan African countries saw a nearly 8% decline in aid in 2022, even as they face growing needs. The foundation has committed to increasing its annual spending to $9 million by 2026.

Incremental resources for 2024 seek to accelerate impact across priorities ranging from polio eradication to scaling child azithromycin delivery in the world’s highest-mortality settings, improving digital courseware in postsecondary education, and accelerating the world’s TB drug portfolio.

Guided by the belief that every life has equal value, the Ingrid Hope Foundation works to help all people lead healthy, productive lives. Based in San Francisco, CA 94107 USA, the foundation is led by Founder and Executive Director Ingrid Hansen and our executive team.