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February 14, 2017

Daily News Roundup: Bill and Melinda Gates Urge U.S. Commitment to Foreign Aid

Addressing Buffett, Gates Letter Lays Out Global-Health Gains: In their widely read annual missive, Bill and Melinda Gates detail the advances wrought by vaccination, contraception, and other health-care interventions, The Wall Street Journal (subscription) reports. In an interview, they call on the Trump administration to maintain U.S. spending on foreign aid that they say has saved millions of lives.

The couple styled this year's letter as a report to Warren Buffett, who has donated some $30 billion worth of stock in his investment company to their foundation, and expressed optimism that progress in combating extreme poverty and childhood mortality will continue, Quartz notes. They expand on the letter's themes in interviews with Bloomberg and GeekWire.

Rockefeller Foundation Starts News Site to Spur Resilience Work: Zilient mixes curated articles, original reporting, and networking features in an effort to spread and share information on communities' ability to deal with disasters, health scares, and other potential crises, a key area of focus for the grant maker, Fast Company writes.

Creditors Readying Suit Against Heads of Failed NYC Charity: The former president of FEGS, who took a $92,000 bonus one month before the massive social-service provider acknowledged nearly $20 million in losses, is among the likely defendants in the case, which would be the first to hold the charity's leaders accountable for its collapse, according to the Forward.

Big LA Job-Training Charity Ventures Into For-Profit Territory: Homeboy Industries, which runs several nonprofit ventures to help formerly incarcerated people gain job skills, has acquired a recycling company and will maintain it as a commercial business, reports the Los Angeles Times. The $18 million-a-year charity said it wants to expand opportunities for ex-inmates by operating businesses that can provide more than temporary employment.