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 nation's first black board chair is stepping down after nine years at the helm of the nonprofit that she helped found, the Boston Globe reports.
"I'm thrilled to leave the Board in such...more
Some $7.6 million in grants from the Bill and Melinda Gates Foundation is going to Cornell to help some of the world's most vulnerable people.
The world's lack of iron is a major cause of anemia,...more
This report researches the worldwide Philanthropy Funds market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other...more
The Bill and Melinda Gates Foundation is giving $750,000 to a group of researchers to figure out how Americans use donor-advised funds.
A press release explains that DAFs, or donor-advised funds,...more
In the wake of the Michael Brown shooting, Black Lives Matter activists called for the creation of a $100 million fund to help communities of color deal with the legacy of slavery and Jim Crow, the...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.