Nancy Mahon

 

The MAC AIDS Fund Commits to a 40% Increase in Funding to HIV/AIDS Organizations Around the World  in 2014

 

 

Largest Corporate Funder of HIV/AIDS Set to Donate Nearly
 $10 Million More to Help End the AIDS Epidemic

 

     WHAT:    The MAC AIDS Fund, the heart and soul of MAC Cosmetics, announced a significant increase in funding to HIV/AIDS organizations across the world, pledging an increase of $9.4 million dollars in 2014. The increase brings the Fund’s yearly projected donation up to almost $42 million, up from 2013. 

 

                              The funding was announced with a call to action for corporations and governments to step up their commitment to fill the global HIV/AIDS funding gap.

 

                              Recognized as the leading corporate funder of HIV/AIDS work, the MAC AIDS Fund has raised more than $300 million USD in the fight against HIV/AIDS since it was founded in 1994. Its funds are raised exclusively through the sale of MAC’s VIVA GLAM Lipstick and Lipglass, donating 100 percent of the sale price to help men, women and children living with and affected by HIV/AIDS worldwide.

 

                              MAC AIDS Fund grant priorities in FY14 will be in the areas of HIV/AIDS prevention, lifesaving treatment and care and retention in care with a keen focus on youth-oriented programming. A large portion ? 7 million dollars - of the new funding will be targeted toward expanding treatment access in countries hardest hit by the epidemic. 

 

MAC AIDS Fund global executive director Nancy Mahon announced the news this morning while speaking at a Town Hall Talk is Cheap: Saving Lives, Ending AIDS, and Putting Our Money Where Our Mouth Is. The event, hosted by The Atlantic and MAC AIDS Fund, convened experts from around the world online and at the New York Public Library to bring the fight against AIDS to the forefront of international conversation.

 

     QUOTES:      “We fund programs that bring the world closer to ending AIDS once and for all. There are more programs now than ever that work toward this goal, an exciting reality that necessitates more funding and bigger thinking from the AIDS community at large. We’re confident that these funds can make a big impact on the lives of thousands and thousands, both today and in the future as we move closer to an AIDS-free generation.”  Nancy Mahon, global executive director, MAC AIDS Fund

                            

                             “If ending AIDS is going to be more than a talking point, more businesses need to step up to the plate and donate money and services. With our increase in funding, we hope not only to address the pressing needs of the AIDS community but also to inspire other brands and donors to step up to the plate and join us.” John Demsey, Group President, Estee Lauder Companies Inc.