Pursuits

Ellison Foundation Pledges $100 Million Donation to End Polio

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The Lawrence Ellison Foundation, created by Oracle Corp.’s chief executive, pledged $100 million toward the effort to eliminate polio, the Global Polio Eradication Initiative said in a statementBloomberg Terminal.

The donation, $20 million of which was given last year, will help fund the initiative’s $5.5 billion, six-year plan to eradicate the disease, the group said in the statement. Nine other philanthropic groups have made pledges totaling $535 million, in addition to a $1.8 billion commitment made by the Bill & Melinda Gates Foundation for efforts between 2013 and 2018, the GPEI said.