The foundation was founded on December 1994 and was first named as the William H. Gates Foundation. The main focus of the foundation were global health and community needs in the Pacific North west.
In October 2006, the foundation created two trust structure called Bill & Melinda Gates Foundation which distributes grant money, and the Bill & Melinda Gates Foundation Trust which manages endowment assets.
The foundation believes that every life has an equal value. They work to help all people lead a healthy life. In developing countries, they focus on the improvement of people's health and lifting them out of hunger and poverty. In the United States, they seek to ensure that people have access to opportunities that would lead them to succeed in school and in life.
The Financial Times takes a look at some of the world's richest people, their philanthropic leanings, and what they've learned over the years.
Here's a sampling: Roy Vagelos: The 57-year-old...more
The Penn State Climate Consortium has announced its 2025 call for level one workshop proposals for its Climate Solutions Accelerator, which seeks to establish and/or advance research teams aligned...more
If you've ever wondered what it's like to be a refugee in Australia, you're in luck: The country's University of Western Australia has been awarded a $5.3 million grant from the Bill and Melinda...more
"Unhoused youth need to be defined by their potential, not their condition, and be provided opportunities to highlight their strengths and thrive," said Afira DeVries, president and CEO of the San...more
"Unhoused youth need to be defined by their potential, not their condition, and be provided opportunities to highlight their strengths and thrive," said Afira DeVries, president and CEO of the San...more
Bill and Melinda Gates are putting their money where their mouth is to help people in Sudan.
The two are among nine donors who have pledged $4.5 million to help local aid groups in the country,...more
Bill and Melinda Gates are putting their money where their mouth is to help people in Sudan.
The two are among nine donors who have pledged $4.5 million to help local aid groups in the country,...more
When venture capitalist and mother of three Amy Dornbusch took over her family's $60 million Marks Family Foundation in 2015, she had very little philanthropic background.
"Our family spent a...more
When venture capitalist and mother of three Amy Dornbusch took over her family's $60 million Marks Family Foundation in 2015, she had very little philanthropic background.
"Our family spent a...more
In Missouri, a child born today has a 50% chance of making more money than his or her parents by the time he or she turns 18, the St.
Louis Post-Dispatch reports.
That's why three major...more