Tuesday, July 29, 2008

Editorial - Big Tobacco, Meet Big Philanthropy - Editorial - NYTimes.com

Editorial - Big Tobacco, Meet Big Philanthropy - Editorial - NYTimes.com: "Mr. Bloomberg and Mr. Gates jointly announced commitments from their charitable foundations last week that will raise the money available to roughly $500 million over the next several years. Mr. Bloomberg plans to invest another $250 million over the next four years on top of $125 million that already had been committed. Mr. Gates, who was happy to join the crusade, is to allocate $125 million over five years."

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