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.
FILE - Bill and Melinda Gates pose for a photo in Kirkland, Wash., Feb. 1, 2019. The Bill & Melinda Gates Foundation threw its weight behind...more
"We have seen over and over again that when countries actually prioritize and invest in women's health, they unleash a powerful engine for progress that can reduce poverty, advance gender equality,...more
"The goal is to achieve a world that is not only healthier but also more prosperous and equitable."
That's the takeaway from a new report from the Bill and Melinda Gates Foundation, which...more
The Bill & Melinda Gates Foundation and US Agency for International Development have teamed up to try to close the digital gender gap, and they've just announced $11.6 million in new funding.
The...more
The MacKenzie Scott Foundation has donated more than $14 billion to more than 1,600 organizations around the world over the past 15 years, but the largest donation it has ever made was to India, the...more
Bill and Melinda Gates are putting their money where their mouth is.
The world's two biggest philanthropists have each donated $50 million to the Bill and Melinda Gates Foundation, CNN...more
Philanthropic organizations and housing associations could scale their impact and further their social missions by supporting social innovation of other individuals and groups.