The Bill Gates and Big Philanthropy Problems—And Ours


Foundation: Gates Foundation, Hewlett Foundation, United Nations Foundation

credit:

Bill Gates may be the world's richest man, but that doesn't mean he's aphilosopher in the traditional sense.

In a new book, conservative journalist Tim Schwab calls out the Microsoft co-founder and the Gates Foundation for their "anti-democratic attitudes, tendencies, and behavior," the New York Times reports.

Schwab's book, The Bill Gates Problem: Reckoning with the Myth of the Good Billionaire, argues that Gates and other billionaire philanthropists use their wealth "to advance their own interests and reputations, often in ways that harm society and democracy."

Schwab accuses Gates of "using his vast wealth to acquire political influence, to remake the world according to his own narrow worldview."

He also accuses the foundation of being more of a "Microsoft-like, monopolistic pharmaceutical company than anything else, including being the tax-exempt, charitable grantmaker that it's supposed to be."

In a statement to the Times, a spokesperson for the foundation says Schwab's book "contains numerous false and defamatory statements about Bill Gates and the Gates Foundation."

"Bill Gates has made health and medicine the central focus of his philanthropy," the spokesperson says, but Schwab's book "makes a case that Gates is neither who you think he

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Report: Only 2% of Nonprofits Have Fully Integrated Ai

Only 2% of organizations have fully integrated AI.67% of nonprofits plan to level up their AI use within the year.Report dives into 4 ways AI is stepping up: climate action, agriculture, healthcare...more

Commentary: An Opportunity to Reform

We need the will to organize and the resources to make it happen.A shared toolbox will provide a new foundation that lets us leverage shared resources at scale, connect across silos, and solve big...more

Four Takeaways From Mackenzie Scott's 2024 End-of-Year Essay

Four Takeaways from MacKenzie Scott's 2024 End-of-Year Essay.Scott moves her money through a Seattle-based LLC called Lost Horse.The big open question moving forward is to what extent forthcoming...more

Red Deer River Naturalists Land Big Grant

Red Deer River Naturalists land big grant - Red Deer Advocate $500,000 going to Red Deer River naturalists endowment fund.Red Deer river naturalists have received a $ 500,000 donation to its...more

Best of 2024 Donors to the Arabella Advisors Network
Foundation: Foundation to Promote Open Society, Open Society Institute, Silicon Valley Community Foundation, Ford Foundation, Fidelity Investments Charitable Gift Fund

Capital Research Center compiled a list of all megadonors to the main four Arabella nonprofits.For the New Venture Fund, the largest donors were: Bill Gates, George Soros, and eBay founder Pierre...more

Sobha Group's Philanthropic Trust Lays Foundation Stone For Devi Home

Sri Kurumba Educational and Charitable Trust, the philanthropic arm of Sobha group, today laid the foundation stone for Devi Home in Moolamcode, Palakkad.Devi Home will accommodate 144...more

Celebrating Impact: San Diego Foundation's Top 10 Stories of 2024
Foundation: California Community Foundation, San Diego Foundation

SDF also developed a research report in partnership with the San Diego Regional Policy & Innovation Center to better understand economic mobility and generational wealth among San Diego's Latino...more

Nurturing This Trait Could Bolster Kids' Confidence

92% of participants believe being creative boosts their confidence.6 in 10 said participating in a creative activity gives them a sense of pride.65% of children shared that engaging in creative...more

School Talk Houston: Forging Pathways For Student Growth and Community Impact

Through creative grant funding and collective efforts, these schools are building bridges between education, industry, and civic engagement.These schools are empowering students to make a difference...more

News Briefs €” Kids Can Earn Prizes During Winter Break Reading Challenge; Idignity ...

Kids can earn prizes during Winter Break Reading Challenge; IDignity Osceola to transition to Hope Identification.Kids can use Beanstack reading app at home or anywhere they can connect.Children ages...more






Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders