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 rapid pace of innovation in artificial intelligence, biotechnology, and more is opening new doors for progress in global health."
That's the takeaway from the International Center for...more
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...more
The World Health Organization has taken a big step toward eliminating cash payments for its health workers in Africa.
In a press release, the WHO says it has digitized payments for more than 2...more
Billionaire Warren Buffet to give 70 per cent of his fortune to Gates Foundation.Gates Foundation has pumped more than $1 billion into US public education.Bill Gates has been scathing of typical...more
Google has made its first major donation to fight climate change.
The company has pledged $100 million to the Climate Action Fund, which aims to raise $1 billion by the end of 2023, reports the...more
The Bill and Melinda Gates Foundation and other major donors are putting their money where their mouth is in an effort to help the world's poorest countries meet climate change goals.
The Climate...more
India's Indian Institute of Technology, or IIT, is known for its cutting-edge research and for producing some of the world's top engineers.
It's also known for producing some of the world's worst...more
When filmmaker Ava Duvernay first read a book about Trayvon Martin, "I thought there's a movie in there," she tells ABC News.
"But when I read it the second time, I started to hear her...more
Move over, Warren Buffett: There's a new one on the rich and famous list, courtesy of 24/7 Wall St.
The top 10 richest people in Boulder, Colo., based on net worth: Bill and Melinda Gates, $10...more
"We must be agile and innovative, embracing not only technological advancements but also pedagogies and programs that engage and empower learners."
Those are the words of John Mugo, CEO of Zizi...more
Some of the biggest public companies in the United States, including Wal-Mart, Walt Disney Co., Microsoft, have adopted carbon pollution pricing strategies.