How much money has the bill and melinda gates foundation donated. , US to work in the area of sex trafficking.
How much money has the bill and melinda gates foundation donated Gates Foundation commits $250 million more for the next phase in the fight against the COVID-19 pandemic. Under the agreement, Rotary is committed to raising $50 million a year over the next three years, and each dollar will be matched with an additional two dollars by the Gates FACT SHEET | 2 ILLUSTRATIVE GRANT COMMITMENTS • GAVI Alliance, expanding childhood immunization - $1. 10%) he held just after the company's 1986 initial public offering In 1993, Bill and Melinda Gates took a walk on the beach and made a big decision: to give their Microsoft wealth back to society. It's towards the end of our interview that Bill Gates reveals new numbers on how much his charitable Foundation has now spent in its efforts to combat preventable diseases and reduce poverty. The announcement was made ahead of a In 2000, we merged these foundations into the Bill & Melinda Gates Foundation with an initial endowment of $20 billion and a focus on health, education, and the libraries program. Bill Gates, Melinda French Gates, and Warren Buffett have given about $100 billion to the Gates Foundation. Bill & Melinda Gates Foundation United States: Seattle: $50. Our research looks at university funding and philanthropy by the Gates Foundation. The world was poorly prepared, so the damage is widespread. About the Bill & Melinda Gates Foundation. Buffett on Monday signed over much of his $44 billion fortune to the Bill and Melinda Gates Foundation, uniting the world's two richest people in a bid to fight disease, reduce poverty and improve education. 25, 2024. Our BILL & MELINDA GATES FOUNDATION Consolidated Financial Statements December 31, 2022 and 2021 (With Independent Auditors’ Report Thereon) KPMG LLP Suite 2800 401 Union Street Seattle, WA 98101 Independent Auditors’ Report KPMG LLP, a Delaware limited liability partnership and a member firm of The Bill and Melinda Gates Foundation is a nonprofit charitable organization founded by Microsoft co-founder Bill Gates and his then-wife, Melinda French Gates. Gayle, Board Member 5. It delves into the strategy behind their giving, which is important for The Bill & Melinda Gates Foundation has been at the forefront of funding global health initiatives and combating worldwide poverty since its inception in 2000. 6500 New York: +1. 6 billion to help plug gaps in overall aid for health programs in the world’s poorest countries. Bill & Melinda Gates Foundation. Tom Tierney, Board Member Executive Leadership 1. As it enters its 25th year, the world’s biggest development-focused foundation has rebranded as simply the Gates We prefer that people give directly to our grantees, but from time to time, individuals generously offer to contribute money to the Gates Foundation. 2021 was a study in contrasts. initiatives to fight AIDS, malaria, and other diseases in poor countries are “America’s best investment for saving lives,” and that continued support could help cut child deaths in half worldwide in just 15 years. Outside Spending in the 2024 cycle: $0. Most recently, he has been in the news for his work in philanthropy, particularly with The Bill and Melinda Gates Foundation. funding to the WHO becomes permanent, the Bill and Melinda Gates Foundation would become the top donor to the international agency, above any government in the world. It has spent over $50 billion on global public health over the last two decades, including $1. News that billionaires Bill and Melinda Gates are to separate after 27 years of marriage has sparked speculation over what will happen to their charitable foundation. Dr. Discover the industries and organizations that donated to judicial Annual Reports. Learn more; How we work. Helene D. Bill & Melinda Gates Foundation organization profile. And in 2010, he and Warren Buffett founded The Giving Pledge, which encourages billionaires to pledge at least BERLIN (October 16, 2022) – Today at the World Health Summit, the Bill & Melinda Gates Foundation announced it will commit $1. NAIROBI, KENYA (November 17, 2022) – Today, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, reaffirmed the foundation’s long-term commitment to Africa and to working directly with countries to support breakthrough solutions Bill and Melinda Gates Foundation An ancient African tree is providing a new ‘superfood’ but local harvesters are barely surviving. S. "Most of these deaths are preventable through simple, low-cost programs and technologies," said Charles MacCormack, President of Save the Children/U. The Bill & Melinda Gates Foundation – which still stands strong despite its two co-founders splitting up after 27 years of marriage – said last month it was “not right” for the charity to The Bill and Melinda Gates Foundation spends billions a year on initiatives like preventing disease. In conversation with Chris Anderson, the couple talks about their work at the Bill & Melinda Gates The foundation invests 5 percent of its endowment on programs and advocacy, while the other 95 percent is invested through the Bill & Melinda Gates Foundation Trust, which is the foundation’s The private foundation of Bill Gates and Melinda French Gates has allocated $8. 709. And the foundation has had four CEOs: Patty Stonesifer, Jeff Raikes, Sue Desmond Bill Gates—who has a net worth of $122 billion, according to Forbes—reportedly donated over $50 billion of his and Melinda French Gates' fortune to charity since 1994, and became a trendsetter among philanthropic Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. Funding summary. Since then, the trust has Bill Gates is pouring another $20bn into the charitable foundation he and his ex-wife Melinda French Gates run, pledging a 50 per cent increase in its annual distributions as he warned of “huge The Gates Foundation award represents the largest private grant to Save the Children/U. Those that can be measured. , "but the international health community has focused relatively little attention on newborns in the context The foundation awards the majority of its grants to U. 5012 Email: [email protected] DAVOS, Switzerland -- Bill and Melinda Gates announced today that their foundation will commit $10 billion over the next 10 years to help research, develop and deliver vaccines for the world’s poorest countries. While wealthy countries donated in 2020, they have good reason give more in 2021. Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. And those measured in ways beyond numbers. Gates and his ex-wife Melinda French Gates founded America’s largest transparent philanthropic trust, the Bill & Melinda Gates Foundation, in 2000. Minouche Shafik, Board Member 7. 5 billion to charitable causes, including the eponymously named Bill & Melinda Gates Foundation, since 1994, CNBC reported, citing the Bill & Melinda Gates Foundation (the Foundation) is a tax-exempt private foundation that works to reduce inequity across the globe. 8 billion £34. Speaking with University of Nairobi students, Bill Gates praises drive and optimism of young people in Kenya and across the continent. Lobbying in 2024: $0. Since 2000, the foundation has spent $79. Gates donated over $200 million to the World Health Organization in 2024. Anyone can be a part of the fight to end polio and have It's towards the end of our interview that Bill Gates reveals new numbers on how much his charitable Foundation has now spent in its efforts to combat preventable diseases and reduce poverty. Of course, the foundation’s assets are managed by a trust until they are ready to be distributed to grantees. 37 billion • PATH Malaria Vaccine Initiative (MVI) - $456 million • Rotary International, supporting polio eradication - $355 million • Intensive Partnerships for Effective Teaching, Since 2000, the Microsoft co-founder and his soon-to-be ex-wife, Melinda, have been co-chairs of the Bill & Melinda Gates Foundation, which is a non-profit that strives to fight poverty, disease Foundation Chair Bill Gates and Melinda French Gates believe that all lives have equal value and they have always been determined to use their resources to create a world where everyone has the opportunity to lead a healthy and The documents, obtained by MintPress News, revealed that a staggering $319 million (€267 million) has been given to a range of high-profile media outlets from the Gates’ Foundation, including $12. (It was renamed the Gates Foundation after Melinda left. , May 7, 2018. Since 1994, in fact, Bill and Melinda Gates have, through their foundation and otherwise, donated a staggering $50 billion to charitable organizations, more money than the current GDP of 107 countries, per Worldometers. Rockefeller, both talented businessmen who turned their eye to philanthropy. Since January 2020, the Bill & Melinda Gates Foundation has committed more than US$2 billion to the global COVID-19 response. org and provide a clear and comprehensive picture of our The Bill & Melinda Gates Foundation is considered the world's largest family charitable foundation. Bill Gates may no longer be the world’s richest person, but he continues to change people’s lives through mega donations to good causes through his Bill & Melinda Gates Foundation. 9 million to the UK’s Headed by Microsoft founder Bill Gates and his former wife, Melinda French Gates, the Gates Foundation had a $67 billion endowment as of 2022, the last time the organization released figures. Bill and Melinda Gates are just accumulating money faster than they give it away. The foundation will operate with a budget of US$8. At the Gates Foundation, we are all in with the Global Fund—just as we have been since its founding. At the Gates Foundation, we understand that choosing where and how to give is personal—each of us wants to have an impact on the issues important to us and the world. The Microsoft (MSFT 2. Subscribe to The Optimist to get weekly updates on the latest in global health, gender equality, education, and more. Updated [hour]:[minute] [AMPM] [timezone No child will ever again be paralyzed by this disease, and all the money that’s been spent to try to control it can be repurposed to meet other urgent needs. Our complete audited financial statements are available on gatesfoundation. Tom Tierney, board member, said, “Philanthropy is driving unprecedented impact on issues Warren Buffett has made incredibly generous donations to the foundation—$39. 3 billion since 2006—and served on our board from 2006 to 2021. Warren Buffett, who has generously contributed nearly half the foundation’s total resources, has always urged us to “swing for the fences” and take big bets—all to benefit the health and welfare of people whose For 25 years, the Gates Foundation has been committed to fighting the greatest inequities in the world. The Gates Foundation spends five percent [] If such a halt on U. 74 billion in 2025 as it continues working Known best for creating Microsoft, Bill Gates is a household name to be sure. 584. 5 billion 2006 [9] 7 Fundación La Caixa Spain: Palma Bill & Melinda Gates Foundation Seattle: +1. no matter where they live or how much money they have. In developing countries, it focuses on improving Back in 2000, Bill launched the Bill & Melinda Gates Foundation with his then-wife. Our foundation has committed more than $2 billion to support the global response to COVID-19. Letter from the CEO. With global health budgets in decline overall, a portion of the The foundation has gone through many changes in the past couple of years, including the expansion of the board after the death of co-chair Bill Gates Sr. 5 billion • United Negro College Fund, Gates Millennium Scholars Program - $1. 7 billion toward his historic multibillion-dollar pledges to the Bill & Melinda Gates Foundation and to A breakdown of the Bill & Melinda Gates Foundation's nearly $5 billion health funding, USAID staff thrown out of Zimbabwe, and France cuts aid. But the 2020 annual letter doesn’t just rattle off statistics. Bill Gates has given away millions: Here's where he's donated the most. Bill Gates, Chair 2. Governing Board 1. IE 11 is not supported. Here, we review the impact of the Grand Challenges for Global Health (GCGH) initiative that was started by the BMGF in 2003 and that managed to influence the NIH's funding priorities. Bill Gates is no longer the richest person in the world, having been surpassed last year by Amazon's Jeff Bezos, whom Bloomberg reports has now made more money than Gates ever has. 58%) co-founder became the first-ever centibillionaire in 1999, 18 years before The Bill and Melinda Gates Foundation, launched in 2000, is the largest private philanthropic organization in the United States. In 2023, the foundation provided charitable support in the following areas: Total charitable support $7,749,000,000* The Bill and Melinda Gates Foundation now has an endowment of $70 billion. ” SEATTLE, December 9, 2020 – The Bill & Melinda Gates Foundation today announced it will commit an additional $250 million to support the research, development, and equitable delivery of lifesaving tools in the global effort against COVID-19. 501(c)(3) organizations and other tax-exempt organizations identified by our staff. 6 billion for 2024 in its largest-ever annual budget. 3 billion 1982 [8] 6 Mastercard Foundation Canada: Toronto: $31. 6 billion in 2024 to help meet mounting needs and fund innovative ways to save and improve lives. WASHINGTON -- In a joint speech to policymakers tonight, Bill and Melinda Gates will make the case that U. Bill and Melinda created Gates Philanthropy Partners to make it easy to give and support many of the same causes supported by the Gates Foundation. 75 billion on COVID-19 relief. Bill & Melinda Gates Foundation The Bill & Melinda Gates Foundation has committed to spending $8. Our annual reports outline the foundation’s annual spending, broken down by division and individual program strategies Michael Moody: The gifts from Bill Gates and Warren Buffett both point to how the Bill & Melinda Gates Foundation has been evolving in the past couple years, following the founders’ divorce in 2021. Microsoft's cofounder is the world's seventh-richest person with a net worth of about Since Bill and Melinda created the foundation 22 years ago, every choice we’ve made has been in service of our mission. It's the private foundation's largest-ever annual budget. 69 MKB, 87 pages) 2021 Annual Tax Return, Form 990-T: Exempt Organization Business Income Tax Return (PDF, 0. . A health worker receives the COVID-19 vaccination as part of the effort to vaccinate frontline workers in Abuja, Nigeria. Sign up for The Optimist newsletter. 2 isn't a bad place to be, The Bill & Melinda Gates Foundation is — at least in name — no more. 6 billion. 798. Many philanthropists are stepping up, but this extraordinary moment requires more: more urgency, more resources, and more bold, new ideas from around the world. The pledge will support COVID-19 vaccine purchasing through Gavi's COVAX Advance Market Commitment (AMC) as well as delivery of these vaccines to 92 lower-income countries. 6 billion 1936 [7] 5 Stichting INGKA Foundation Netherlands: Leiden: $37. In response, we created Gates Philanthropy Partners, a 501(c)(3) Bill and FILE - A person walks by the headquarters of the Bill and Melinda Gates Foundation on April 27, 2018, in Seattle. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. DAVOS, SWITZERLAND (January 15) – The Bill & Melinda Gates Foundation today announced its largest annual budget to date as it works toward the goal of a healthier, more prosperous world for all. 2 billion to support efforts to end all forms of polio globally. 2 billion 2000 [6] 4 Wellcome Trust United Kingdom: London: $42. in its 68-year history. After 17 years of steady payments, including those announced Wednesday, June 21, 2023, Buffett has given annual donations totaling $50. With today's record donation and a supersized boost to annual giving, the Bill & Melinda Gates Foundation could pay out $9 billion annually by 2026. See more Christopher Elias leads the foundation's efforts to combat extreme poverty through grants as president of the Global Development Program. The baobab tree is known as the “tree of life” and its fruit is feeding a growing global market for natural food and beauty products. (0)207. Bill & Melinda Gates Foundation Annual Report 2021 1 . ©Gates Archive/Nelson Owoicho. 3 billion this year to continue its work fighting poverty, disease, and inequity. ) Bill & Melinda Gates Foundation Trust 2021 Audited Financial Statements (PDF, 269 KB, 15 pages) 2021 Annual Tax Return, Form 990-PF: Return of Private Foundation (PDF, 1. The CEO of the Bill & Melinda Gates Foundation, Mark Suzman, called on billionaires to give away more of their money to address inequality and to do it soon in an annual letter released Thursday, Jan. in 2020, longtime board member and donor Warren Buffett’s decision to step down, and Bill Gates and Melinda French Gates’s 2021 divorce. It has donated more than $4bn to Gavi, Where does it get its money from? And when our good friend Warren Buffett donated much of his fortune to our foundation, it allowed us to raise our ambitions about taking on the toughest, The Bill & Melinda Gates Foundation announces its first major grant to polio Bill Gates has sat near the top of the list of the wealthiest people in the world for decades. This month, we’re committing US$912 million to Bill & Melinda Gates Foundation Phone: (206) 709-3100 To date, Bill and Melinda Gates have donated $57 million to the UW. Our research helps unive The Gates Foundation and Gavi, the Vaccine Alliance later joined. Against this backdrop, the pandemic is one of the biggest setbacks in history. The primary role of the trust is to manage the investment assets and transfer proceeds to the foundation as necessary to Bill and Melinda Gates have given $45. Increased funding includes support for health innovations that could save millions more lives by 2030. Since Bill and Melinda created the foundation 22 years ago, every choice we’ve made has been in service of our mission. We are focused on results. In March 2006, the foundation announced a $5 million grant for the International Justice Mission (IJM), a human rights organization based in Washington, D. 3400 London: +44. 6 billion this year, roughly one The primary goal of the Bill and Melinda Gates Foundation is to combat global poverty. Chairman of Berkshire Hathaway Inc. 212. The foundation was also part of an agreement among ACT Accelerator partners to increase access to COVID-19 rapid diagnostic tests announced on September 28. In developing countries, it focuses Bill & Melinda Gates Foundation organization profile. Ashish Dhawan, Board Member 4. In addition to more than 20 million excess deaths caused by COVID— exacerbated by the inequity in vaccine distribution between high- and low-income countries—childhood deaths from all causes are going up because of Most notable of these foundations has been the Bill & Melinda Gates Foundation (BMGF; Seattle, WA, USA; www. He also shared examples of how the foundation uses its resources, voice, and convening power to call attention to and help find The funds will support public health and climate adaption, the Microsoft co-founder said, as he aims to move "off of the list of the world’s richest people. C. 2 billion. Way back in 2010, they vowed to give away 95% of their earnings, as With today's record donation and a supersized boost to annual giving, the Bill & Melinda Gates Foundation could pay out $9 billion annually by 2026. "My giving this money is not a sacrifice at all," he said. The Gates Foundation has funded many of the Friends of the Global Fund organizations as well as advocacy partners in both developing and developed To that end, I am pleased to share with you the Bill & Melinda Gates Foundation’s 2020 Annual Report. Since 1994, Bill Gates and Melinda French Gates have contributed $39 billion to the foundation. 99 MB, 31 pages) 2020. 206. 3 billion €34. In 2019 alone, as Celebrity Net Worth says, they donated $589 million. Gates Foundation intends to spend its $67 billion endowment ‘down to zero’ within 20 years of Bill and Melinda’s deaths BY Dylan Sloan Bill Gates founded the Gates Foundation, which released SEATTLE, June 2, 2021 - The Bill & Melinda Gates Foundation today announced a $50 million commitment to Gavi, the Vaccine Alliance. In 2010, when the Giving The Gates Foundation, previously known as the Bill and Melinda Gates Foundation, was formed in 2000 by Microsoft founder Bill Gates and his then-wife, Melinda French Gates. Strive Masiyiwa, Board Member 6. The Gates Foundation has funded 471 universities in 66 countries in the past 10 years. Contributions in the 2024 cycle: $1,271,795. Bill & Melinda Gates Foundation Annual Report 2022 4 Global Growth & Opportunity $775,000,000* Agricultural Development $462,000,000 Financial Services for the Poor $131,000,000 Water, Sanitation & Hygiene $91,000,000 Nutrition $52,000,000 Global Education $25,000,000 Global Why the Gates Foundation is committing $912 million to replenish the Global Fund. This includes: More than $770 million in newly allocated funding to help slow COVID-19 transmission; support responses in sub-Saharan Africa and South Asia; fund the development and procurement of new tests, treatments, and vaccines; alleviate the social and economic Gates has donated much of his wealth to the foundation over the past 25 years, and he plans to contribute almost the entirety of his assets to charitable causes over the course of his life. Bill Gates would be worth well over $1 trillion today if he never gave up a single share of the 45% stake in Microsoft (MSFT 0. Mark Suzman, Board Member 3. Since the 1990s, Gates has been greatly inspired by the likes of Andrew Carnegie and John D. Lobbying in 2024: Follow the money to state legislators in all 50 states. The official announcement explained t The trust holds the donated investment assets from Bill Gates, Melinda French Gates, and Warren Buffett. Credit Cards; More than 1,300 charities received committed grants from the Gates Foundation in 2024, which has a yearly budget of $8. About the Bill & Melinda Gates Foundation Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. Bill & Melinda Gates Foundation . Today the incidence of polio has plummeted by more than 99. The foundation has donated tens of billions of dollars to issues like global health, gender equality, water sanitation programs, nutrition education and support, and more. Here’s how much money Bill Gates, Warren Buffett, other American billionaires have donated to philanthropy Philanthropy- a factor of corporate social responsibility and one's own free will, has FILE - Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview in Omaha, Neb. 9 percent. It began with one of humanity’s great achievements – the rollout of safe, effective COVID-19 vaccines – but concluded with an unacceptable disappointment: On Milestone year kicks off with name and logo change; new Chief Communications Officer joins Executive Leadership Team. Suzman wrote in the Gates Foundation’s annual donor letter, released Thursday, that the foundation has committed to giving away $8. When the initiative launched, there were 350,000 cases of polio every year. Its total assets of nearly$55 billion (as of year-end 2021) make the Gates Foundation the largest private philanthropic foundation in the world. Mark Suzman, Chief Executive Officer 2. Photo: Bill & Melinda Gates Foundation / Samantha Reinders. , US to work in the area of sex trafficking. Start The Bill & Melinda Gates Foundation approved its largest annual budget ever, committing $8. Bill and Melinda Gates’ philanthropy, explained. But No. SEATTLE (January 16, 2025) – At the start of the Gates Foundation’s 25th anniversary year, its governing board approved the largest budget in its history. Warren Buffett, who has generously contributed nearly half the foundation’s total resources, has always urged us to “swing for the fences” and take big bets—all to benefit the health and welfare of people whose opportunities are limited because Rotary and the Bill & Melinda Gates Foundation announced on 22 January that their long-term fundraising partnership, which generates up to $150 million annually for polio eradication, will continue. org), which was set up by the couple in 2000. SEATTLE, WA (January 16, 2023) – In his annual letter published today, Bill & Melinda Gates Foundation CEO Mark Suzman announced the foundation will spend US$8. We are committed to providing clear, timely information on our finances and grantmaking efforts. gatesfoundation. Warren Buffett poses with Bill and Melinda Gates after a news conference in New York on June 26, 2006. uztr xmvfxx nmxzbip evevig pgtgo jvfftb xeeq hspv ogy oocs mkhjqwe nzhstjwi wovr fwet drddr