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.
Bill Gates isn't just a billionaire, he's a "true icon in the realms of technology, business, and philanthropy," according to 24/7 Wall St.
The Microsoft co-founder, who has a net worth of $113.9...more
"The most destructive pathogen on the planet," tuberculosis is described by the US Agency for International Development as one of the world's leading infectious disease killers.
Despite being...more
A new report from the Bill and Melinda Gates Foundation finds that Africa is home to a "robust ecosystem of innovators improving the safety and efficiency of health supply chains," Quartz...more
African governments are collaborating with innovators to strengthen local health supply chains.Salient Advisory surveyed more than 80 companies across four African countries for a report emphasizing...more
Google's Eric Schmidt and his wife, Wendy, have donated $125 million to create the world's largest AI scholarship program, the New York Times reports.
The initiative, called AI2050, is a joint...more
When Steve Laurent moved to New Mexico from Utah in 2008, he and his family "really missed Los Alamos while gone," he tells the Los Alamos Daily Post.
"It's a wonderful community and it's where...more
When it comes to women's health, "there are many reasons to invest in maternal health," the World Health Organization's chief medical officer writes in an op-ed in the New York Times.
"Maternal...more
Some $161 million is going toward gender equality and health initiatives in Africa, Asia, and Latin America.
That's up from the original goal of $500 million, and is backed by some of the world's...more
Social entrepreneur, Stefan Wolf , founded the Beyond the Four Walls, which builds cyber “resource centers” (aka Internet cafes) in rural areas for young women to run.