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 third to fifth places on Philanthropy 50, an annual list of the 50 biggest U.S. ... An interesting trend in last year's most important philanthropic giving was a ... At Rockefeller Philanthropy...more
On the role of philanthropy: The two agreed that taxes should be higher on the ... “Philanthropy can never make up for taxes, but it is that catalytic wedge ... have pledged to donate the majority...more
... was one of the most important steps in our journey to philanthropy. ... Melinda sets the direction and priorities of the world's largest philanthropy. She is ... commit more than half of their...more