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 Gates Foundation will get no money...': Warren Buffett reveals what will happen to his money after he dies.He has revised his will multiple times, recently expressing confidence in his...more
After 17 years on the Cleveland Metropolitan School District board, Denise Link is stepping down.
"Although a chapter ends for today, this isn't goodbye," she said at a Tuesday meeting, per...more
Detroit's Kresge Foundation turned 100 this month, and while the foundation's $4.3 billion endowment is sizable, it's less than a tenth of the size of the Bill and Melinda Gates Foundation, per...more
When it comes to giving, Bill Gates is by far the most well-known.
But if you don't have millions to your name, there may be other ways to make a difference.
In an interview with the Financial...more
If you're in the market for a new startup to invest in, you may want to check out this one.
The Global Corporate Venturing (GCV) Leadership Society has just announced the formation of a new fund...more
If you're in the market for a new startup to invest in, you may want to check out this one.
The Global Corporate Venturing (GCV) Leadership Society has just announced the formation of a new fund...more
If you're looking for a job in Australia, you're in luck.
The country's billionaire dads have put their money where their mouth is, with the help of the Bill and Melinda Gates Foundation, the...more
The Bill and Melinda Gates Foundation is investing $50 million to help more low-income students graduate from four-year colleges, the New York Times reports.
According to InsideTrack, the Bill...more
When it comes to charitable giving, Bill Gates is by far the most well-known.
But the Microsoft co-founder is also among the richest people in the world, with a fortune said to be in the ballpark...more
Jeff Denby co-founded PACT, a movement camouflaged as a clothing company. Denby and his team decided to build a business to fund the causes they believe in.