Organizations Filed Purposes:
The mission of the Global Health Investment Corporation is to improve global health by managing funding vehicles designed to support the development, production and commercialization of drugs, vaccines, preventatives, diagnostics and other related technologies. The technologies financed will be targeted at either (i) infectious diseases that cause significant morbidity and mortality in developing countries or (ii) reproductive, maternal, newborn and child health issues (including maternal, neonatal and child-health challenges, in addition to nutrition and family planning) that disproportionately impact developing countries.
The Corporation is organized and shall be operated exclusively for social welfare purposes within the meaning of section 501(c)(4) of the Internal Revenue Code of 1986, as it may be amended, including the relief of the poor and distressed or of the underprivileged; the promotion of social welfare and the lessening of the burdens of government. In furtherance of these purposes, the Corporation may seek ways to provide affordable financing to support the development of drugs, vaccines, preventatives, diagnostics and other products or services to address global health challenges that disproportionately impact developing countries. In so doing, the Corporation may serve as managing member or general partner of one or more investment funds established primarily to further such purposes.
Achieving financial close of the Global Health Investment Fund I on 19 December 2013, with capital commitments of $108,365,000.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Evelyn Yanatos | AssistantTreasurer and Assistant Secretary | 5 | $0 |
| Curt Labelle | President | 5 | $0 |
| William L Greene | Director | 1 | $0 |
| Andrin L Oswald | Director | 1 | $0 |
| George W Wellde Jr | Director | 1 | $0 |
| Wolfgang Gh Bichmann | Director | 1 | $0 |
| Labeeb M Abboud | Chairman | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202023169349301967_public.xml