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.
Chidinma Lawanson may not be a household name, but she's making an impact in her home country of Nigeria.
Lawanson is the head of the Mastercard Foundation, a philanthropic arm of the credit card...more
There's a growing number of "infrastructure" groups focused on helping nonprofits grow, but a new study suggests they're struggling to keep up.
The study, by the Urban Institute and George Mason...more