– Gilead Foundation’s Creating Possible
Fund™ Reflects Broad and Ongoing Commitment to Health Equity
–
– Funding Will Support 13 U.S. Organizations
Focused on Addressing Education Equity and Building a Pipeline of
Black Health Leaders –
Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the
Gilead Foundation’s Creating Possible Fund™ will provide a total of
$20 million to 13 inaugural grantees. The Creating Possible Fund
was launched to support creative and high-impact strategies that
advance health through education equity, with a main focus on
building a pipeline of Black health leaders. The work of these
grantees aims to help increase social connections for underserved
students, improve the school and learning environment, and create
systems of support for students to thrive. Gilead has a broad and
long-standing commitment to advancing global health equity, which
it regards as critical to improving health outcomes for all. The
company’s health equity strategy focuses on collaborating with
organizations that reach underrepresented communities.
“Through the work of the Gilead Foundation, 13 organizations
have been selected as inaugural Creating Possible Fund grantees,
who are national leaders, thinkers and change makers in education,
health and racial equity, adolescent mental health and social
justice,” said Korab Zuka, Gilead Foundation President and Vice
President, Public Affairs, Gilead Sciences. “We know that
inequities in health stem from larger structural inequities that
are deeply embedded in our society, laws, economy and particularly
our educational systems. With assistance from leaders in education
and health, we believe we’ve chosen a group of innovators in health
equity who will make a meaningful impact on society.”
Research shows that disparities in education mirror disparities
in health. According to a National Academies of Science report,
extensive studies indicate a link between educational attainment,
which is the level of education a person has achieved, and health
indicators, including access to health services, life expectancy
and death from disease. Over the last 40 years, in all regions of
the U.S., the gap in health between people with high and low
education has become wider.
The Creating Possible Fund grantees were selected due to their
creative and scalable approaches to tackling equity gaps in
education and health for youth in the United States. The 13
Creating Possible Fund inaugural grantees are:
- Brown University (Annenberg Institute for School Reform),
Providence, Rhode Island
- Kingmakers of Oakland, Oakland, California
- KQED, San Francisco, California
- Morehouse College, Center for Excellence in Education, Atlanta,
Georgia
- Oakland Fund for Public Innovation, Oakland, California
- Fresh Lifelines for Youth/Peer Point, Milpitas, California
- Pulse of Perseverance, Chicago, Illinois
- Represent Justice, Los Angeles, California
- Southern Poverty Law Center, Montgomery, Alabama
- St. John's Community Health/Compton Unified School District,
Los Angeles, California
- The Trevor Project, West Hollywood, California
- Xavier University of Louisiana, New Orleans, Louisiana
- YELLOW, Virginia Beach, Virginia
“Thanks to the Gilead Foundation's support for advancing
educational equity, more than a thousand students in New Orleans
will have access to intensive pre-college STEM programs for the
first time,” said Reynold Verret, PhD, President of Xavier
University of Louisiana. “The Creating Possible Fund will help
develop and support a new generation of possible Xavierites who
will go on to continue our legacy of excellence as Black STEM
leaders, healthcare providers and educators. At Xavier, we are
blessed to educate future changemakers at all levels.”
“Traditionally, a young scholar’s probability of achieving
success was largely a byproduct of their connection to successful
individuals,” said Max Madhere, MD, President and Co-Founder, Pulse
of Perseverance. “With the support of the Gilead Foundation, Pulse
of Perseverance will be able to revolutionize mentorship for
underserved youth by providing them resources for success,
including access to, and sustainable relationships with, strong
Black health leaders. We hope this will help bridge the gap of
workforce inequities, creating much needed diversity at the highest
levels of success – directly supporting the focus of the Creating
Possible Fund.”
The Creating Possible Fund is just one pillar through which the
Gilead Foundation works toward its vision of health equity for all.
The Gilead Foundation contributes to local communities where Gilead
employees live and work, with an emphasis on STEM education, social
services and sustainability programs. The Gilead Foundation also
responds to disaster and humanitarian relief efforts through its
matching program for employees, Giving Together, which matches
donations made by Gilead employees to eligible nonprofit
organizations up to $15,000.
For more information on the Gilead Foundation, visit:
https://www.gilead.com/purpose/giving/gilead-foundation.
About the Gilead
Foundation
The Gilead Foundation is a 501 (c)(3) nonprofit organization
endowed by Gilead Sciences, Inc. The Gilead Foundation, originally
established in 2005 and reendowed in 2021, envisions health
prosperity for all by seeking to address the social determinants of
health, with an emphasis on education equity. The Gilead
Foundation’s mission is to create spheres of impact – in the
company, in the community, in society – by encouraging a culture of
giving and volunteering and exploring innovative approaches to
complex social issues.
About Gilead Sciences
Gilead Sciences, Inc. is a biopharmaceutical company that has
pursued and achieved breakthroughs in medicine for more than three
decades, with the goal of creating a healthier world for all
people. The company is committed to advancing innovative medicines
to prevent and treat life-threatening diseases, including HIV,
viral hepatitis, inflammation and cancer. Gilead operates in more
than 35 countries worldwide, with headquarters in Foster City,
California.
Gilead has promoted equity, particularly healthcare equity,
since the company brought its first therapies to the market.
Through global partnerships, Gilead’s medicines today reach
millions of people in low- and middle-income countries around the
world. In the United States, Gilead has committed more than $100
million over 10 years through the COMPASS Initiative® to community
organizations that are working to combat HIV in the U.S. South. In
2020, Gilead launched the Racial Equity Community Impact Fund to
support organizations tackling racial inequities affecting Black
communities across the United States.
Gilead and the Gilead logo are trademarks of
Gilead Sciences, Inc., or its related companies.
For more information about Gilead, please visit
the company’s website at www.gilead.com, follow Gilead on Twitter
(@Gilead Sciences) or call Gilead Public Affairs at 1-800-GILEAD-5
or 1-650-574-3000.
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version on businesswire.com: https://www.businesswire.com/news/home/20220912005885/en/
Hayley Home, Media Hayley.Home@gilead.com
Jacquie Ross, Investors Investor_relations@gilead.com
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