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.
Chidinma Lawanson may not be a household name, but she's making an impact in her home country of Nigeria.
Lawanson is the head of the Mastercard Foundation, a philanthropic arm of the credit card...more
Bill Gates isn't just the founder of Microsoft, he's also the fourth richest person in the world, according to Bloomberg's latest Billionaire Index.
The list ranks the world's richest people...more
From the US, where the average age of a farmer is 57, to Japan, where the average age is 67, factors such as urbanization and high startup costs have created an aging crisis with implications for...more
Cleveland, Ohio, has the highest rate of gun violence in the USand a new initiative there aims to do something about it.
The Cleveland Plain Dealer reports on the launch of the Innovation Hub...more
There's a growing number of "infrastructure" groups focused on helping nonprofits grow, but a new study suggests they're struggling to keep up.
The study, by the Urban Institute and George Mason...more
India's G20 presidency may be winding down, but that doesn't mean it's done with Bill Gates.
The Microsoft co-founder and philanthropist met with Prime Minister Narendra Modi this week and...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.