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 is "more optimistic than ever about the progress India is making in health, development, and climate" after meeting with Indian Prime Minister Narendra Modi during a trip to the country...more
Ellen Pao, Ann Mei Chang, and Nabiha Syed are leading women in tech in the nonprofit sector.Their tech experiences made them comfortable with experimentation and risk, traits not often found in the...more
"It's incredibly good news, the impact these philanthropic resources flowing into institutions will have at a time when other revenue streams are being squeezed more and more."
That's the...more
Bloomberg Philanthropies has committed nearly $1.6 billion to anti-tobacco efforts since 2005.$140 million will aim to curb the use of e-cigarettes among teenagers in the United States.$50 million to...more
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.