How much money has the bill and melinda gates foundation donated. The foundation awards the majority of its grants to U.

How much money has the bill and melinda gates foundation donated Jul 13, 2022 · The Bill and Melinda Gates Foundation now has an endowment of $70 billion. In 2000, the foundation made an initial US$ 750 million commitment to the Vaccine Fund, which was catalytic in bringing other donors to support vaccine Jul 1, 2019 · As much as we have accomplished, there’s still much more to be done. S. ” Sometimes it is difficult to imagine how much the foundation can accomplish in just 2 – 10 years, considering the considerable challenges global health and poverty issues. education. 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 in health 1 day ago · French Gates is said to have been displeased with the way a sexual harassment claim against Gates’s longtime money manager was handled by her husband, according to press reports, and she Bill & Melinda Gates Foundation Fact Sheet Author: Bill & Melinda Gates Foundation Subject: Fact sheet about the foundation Keywords: fact sheet, locations, leadership, statitics, employees, grants Created Date: 3/18/2010 1:46:03 PM Feb 23, 2025 · That donation added more than 38 million shares of the stock to the foundation's trust. 58%) co-founder became the first-ever centibillionaire in 1999, 18 years before Working together, the world can end this disease,” said Bill Gates, co-chair of the Bill & Melinda Gates Foundation. Mark Suzman insists the answer is no, but he wondered if the Bill & Melinda Gates Foundation has too much sway in his annual letter. The presentation will be webcast live at www. You have immunized billions of children. The Trust operates its main office in Seattle, Washington. It is unclear who the recipient of the gift is, but it's likely it will go to the Bill and Melinda Gates Foundation. The Bill and Melinda Gates Foundation was formed in 2000 as an offshoot of the William H. It began with one of humanity’s great achievements – the rollout of safe, effective COVID-19 vaccines – but concluded with an unacceptable disappointment: On New Year’s Eve 2021, roughly May 4, 2021 · From 1994 through April 2021, the Gates have committed grants worth $67. 7 billion, including his most recent gift of $3. "The Gates Foundation is pleased to Jan 25, 2024 · 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. 3 billion since 2006. Many philanthropists are stepping up, but this extraordinary moment requires more: more urgency, more resources, and more bold, new ideas from around the world. Bill & Melinda Gates Foundation Trust (the Trust) is a tax-exempt private foundation that holds the donated investment assets from Bill Gates, Melinda French Gates, and Warren Buffett. 5 billion to the 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. 99 MB, 31 pages) 2020. Ted is very convincing, so Melinda and I followed his advice. Since 2006, Warren has gifted the foundation $35. in its 68-year history. So we are relatively new to this effort. May 4, 2021 · The Bill and Melinda Gates Foundation, launched in 2000, is the largest private philanthropic organization in the United States. Jan 22, 2025 · The $28 million donation from the Gates Foundation will undoubtedly help Sightsavers carry out their mission, but Bill Gates probably wouldn't even notice that amount missing. In January, the foundation gave away more than $1. Oct 18, 2022 · The Gates Foundation and Gavi, the Vaccine Alliance later joined. As big as the foundation’s endowment is, it’s only a fraction of what governments can spend. Contributions in the 2024 cycle: $1,271,795. 3 billion €34. Jan 15, 2024 · About the Bill & Melinda Gates Foundation. livingproofproject. Gates Foundation, which the Microsoft founder created six years earlier. ” Mar 3, 2022 · Although French Gates' fortune is somewhat more modest since her romantic relationship with her Bill and Melinda Gates Foundation co-chair ended, she is still a member of the billionaires' club. The primary role of the Trust is to manage the Bill & Melinda Gates Foundation United States: Seattle: $50. 1 billion to GAVI. We also know that we can make far more progress by working with others. 8 billion £34. Financial figures are rounded to the nearest hundred million. The foundation has billions of dollars of Microsoft Feb 22, 2025 · 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 billionaires in the early days of the foundation. But Bill and Melinda have described themselves as “Impatient Optimistic. Bill Gates and Melinda French Gates are its Trustees. . Gates Foundation, Gates Library Foundation, and Gates Learning Foundation) from 1994 onward. Gates Foundation and rebranded as the Bill and Melinda Gates Foundation (BMGF) in the year 2000, after merging with the Gates Library Foundation which Melinda had 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. Warren Buffett poses with Bill and Melinda Gates after a news conference in New York on June 26, 2006. And in 2010, he and Warren Buffett founded The Giving Pledge, which encourages billionaires to pledge at least Jan 25, 2024 · The Bill & Melinda Gates Foundation has committed to spending $8. Feb 14, 2023 · 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. Now, that money is being split up between the two of them after 27 years of marriage, according to Bill's Jan 16, 2025 · In recognition of the legacies and contributions of Bill Gates, Bill Gates Sr. 6 billion , according to the Sep 16, 2020 · The primary goal of the Bill and Melinda Gates Foundation is to combat global poverty. 5 billion to charitable causes, including the eponymously named Bill & Melinda Gates Foundation, since 1994, CNBC reported, citing the Chronicle of Dec 30, 2022 · In 2022, Microsoft co-founder Bill Gates gave $5 billion to the Bill & Melinda Gates Foundation to back its work in global health, development, policy and advocacy and U. Mark Suzman, Chief Executive Officer Nov 17, 2022 · The Bill & Melinda Gates Foundation has vowed to spend $7 billion over the next four years on grants to help address hunger, disease, gender inequality and poverty in Africa, Bill Gates announced Jun 30, 2024 · As a founding partner of Gavi, the Gates Foundation has brought international attention to the cause of immunisation and has made several commitments to Gavi, totalling US$ 4. C. All of us have lost loved ones, friends and colleagues this year to COVID-19, and we will continue to bring together partners to do all that we can to make a difference and continue to support public health throughout the world. The Microsoft (MSFT 2. Outside Spending in the 2024 cycle: $0. 9 percent. Jun 23, 2023 · After 17 years of steady payments, Warren Buffett has to date given annual donations totaling $50. Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. You have been raising money for many. Feb 3, 2025 · In January, the former couple’s foundation, which has $70 billion in assets and turns 25 this year, renamed itself The Gates Foundation. Why so much? And why now? It’s been roughly a year since COVID-19 first appeared. In that context, at the Bill & Melinda Gates Foundation we are proud to be doubling down on our commitment to our core mission: helping to ensure that every person has the chance to lead a healthy, productive life. SEATTLE (July 13, 2022) - Today, the Bill & Melinda Gates Foundation announced its intent to increase its annual payout by 50% over pre-pandemic levels, to $9 billion annually by 2026—the result of two decades of generous contributions from Bill Gates, Melinda French Gates, and Warren Buffett Feb 11, 2020 · Bill and Melinda Gates didn’t become the most important philanthropists of their generation simply because they have a ton of money. 5 days ago · The Bill & Melinda Gates Foundation is a key partner of the Global Fund, providing cash contributions, actively participating on its board and committees, and supporting the Global Fund’s advocacy, communications and fundraising efforts. May 19, 2021 · Bill and Melinda Gates have an estimated net worth of $130 billion, reported Forbes. ) Including that original contribution, I have donated a total of $59. Its total assets of nearly$55 billion (as of year-end 2021) make the Gates Foundation the largest private philanthropic foundation in the world. It has spent over $50 billion on global public health over the last two decades, including $1. 5 billion as of this writing. Jan 16, 2024 · The private foundation of Bill Gates and Melinda French Gates has allocated $8. Start Jan 16, 2023 · 2023 Gates Foundation Annual Letter. It has donated more than $4bn to Gavi, which is currently the key player in distributing Feb 27, 2024 · Gavi Alliance continues its vital work with the help of financial support from the Bill and Melinda Gates Foundation. This commitment is essential to achieve the impact we seek. 5 billion 2006 [9] 7 Fundación La Caixa Spain: Palma Meanwhile Bill is reported to have hired Warren Buffet’s friend Charles T Munger, 97, who specialises in business, philanthropy and real estate and Bill has previously described as the Jan 17, 2023 · Even the foundation's CEO Mark Suzman is asking the question. "With our commitment to philanthropy growing, Melinda and I transferred $20 billion of Jan 4, 2025 · The history, ownership, and wealth of the Bill and Melinda Gates Foundation. Bill & Melinda Gates Foundation organization profile. The Bill & Melinda Gates Foundation have announced several billion dollar donations since 2000. “I want to thank Germany for co-hosting this week's events and its longstanding support for polio eradication, and I urge other donors to support the eradication strategy to ensure no one is paralyzed by polio again. The Foundation’s Trustees are Bill and Melinda Gates and Warren Buffett. The foundation awards the majority of its grants to U. 0. Today the incidence of polio has plummeted by more than 99. The primary role of the Trust is to manage the May 4, 2021 · Chairman of Berkshire Hathaway Inc. Feb 3, 2025 · Bill Gates: We've given away $100bn, but my children won't be poor when I'm gone Feb 3, 2023 · 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 Jul 14, 2022 · The funds mean the Bill and Melinda Gates Foundation, named after the billionaire and his ex-wife, will disburse $9 billion annually by 2026, up from about $6 billion today. 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. They've donated $3. In 2010, when the Giving May 4, 2021 · The Bill and Melinda Gates Foundation spends billions a year on initiatives like preventing disease. As of 2018, Bill Gates and Melinda French Gates had donated around $36 billion to the foundation. The Bill & Melinda Gates Foundation will spend a record In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. The rationale has to do with where the public health effort is at the end of 2020. The Gateses, co-chairs of the Bill & Melinda Gates Foundation, will address an audience of lawmakers, administration officials, and foreign policy experts at Sidney Harman Hall in Washington, D. The Foundation Trust holds the foundation’s endowment, including the annual installments of Warren Buffett’s gift, and funds the foundation. 5 billion over a six year period, Bill Gates’ second largest donation. We also are introducing a new logo that reflects our unwavering commitment to support partners, communities and programs that are working to drive progress and improve lives Jul 13, 2022 · 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. 3 billion 1982 [8] 6 Mastercard Foundation Canada: Toronto: $31. Lobbying in 2024: $0. in 2020, longtime board member and donor Warren Buffett’s decision to step down, and Bill Gates and Melinda French Gates’s 2021 divorce. To a billionaire, $28 million of his annual budget is like $3. When the initiative launched, there were 350,000 cases of polio every year. Bill and Melinda Gates are just accumulating money faster than they give it away. 5 million shares as May 29, 2020 · If such a halt on U. The Bill & Melinda Gates Foundation is considered the world's largest family charitable foundation. Suzman wrote in the Gates Foundation’s annual donor letter, released Thursday, that the foundation has committed to giving away $8. Recent gifts to the foundation’s endowment will help accelerate progress in existing focus areas. The current gift makes this the largest endowment at the UW with gifts totaling $20 million. Nestled on the banks of Lake Washington outside of Seattle, the original 44,000-square-foot property was purchased for $60 million, according to the Washington Post. 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. Jan 4, 2025 · Bill and Melinda Gates have given $59. 6 billion for 2024 in its largest-ever annual budget. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. Nov 13, 2018 · The foundation and its “managers” have made huge progress. Letter from the CEO. 2023 figures are unaudited. 7 billion toward his historic multibillion-dollar pledges to the Bill & Melinda Gates Foundation and to four foundations connected to his family, according to a Chronicle tally. Since its foundation, the Bill and Melinda Gates Foundation has given more than $60 billion to projects that aim to end disease, combat global poverty, and end unfairness. Hollie Adams / Bloomberg via Getty Images Feb 3, 2025 · 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. Nov 26, 2024 · 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. 75 billion on COVID-19 relief. LETTER FROM THE CFO. May 4, 2021 · 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. (2) Includes grant payments made by the Bill & Melinda Gates Foundation and previous foundations of the Gates family (William H. They became important philanthropists by being clever about May 7, 2021 · At one point, the Gates made a single donation of $20 billion to The Bill & Melinda Gates Foundation. Bill & Melinda Gates Foundation Jul 13, 2022 · 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. Gates' recent donation brings his total number of gifts to charitable donations to $50 billion, according to CNBC Dec 31, 2020 · Nigeria; Johannesburg, South Africa; New Delhi, India; and Berlin, Germany. May 3, 2021 · Additionally, the Bill and Melinda Gates Foundation is the world's largest private charitable foundation, having amassed an estimated $51 billion in assets, according to CNBC. Since January 2020, the Bill & Melinda Bill & Melinda Gates Foundation Annual Report 2021 1 . ©Gates Archive/Andrew Kapakasa Annual Report 2023. Feb 6, 2025 · Bill Gates, Melinda French Gates, and Warren Buffett have given about $100 billion to the Gates Foundation. 6 billion this year The partnership between Rotary and the Gates Foundation has yielded $2 billion, and Rotarians have given countless volunteer hours to fight polio since Rotary started its PolioPlus program in 1985. May 4, 2021 · The Gates foundation was born in 2000 as a merger of two previous charitable endeavours. In its entire 20-year history, the foundation has donated about the equivalent of what the country of Singapore – or the US state of New Jersey – spends every year. We are a nonprofit fighting poverty, disease, and inequity around the world May 24, 2020 · Since 2006, when he joined the foundation as a trustee, Buffett has donated billions of dollars to the Bill & Melinda Gates Foundation. 8 billion through the Bill & Melinda Gates Foundation and previous foundations of the Gates family (William H. Microsoft's cofounder is the world's seventh-richest person with a net worth of about The foundation pledges $300M (around €255M) over three years (2018-2020) to support agricultural research that helps the world’s poorest farmers better adapt to increasingly challenging growing conditions brought about by climate change, including rising temperatures, extreme weather patterns (droughts and floods), diseases, poor soil fertility, and attacks from crop pests. What Happened: Despite Gates’ extensive philanthropic efforts, he remains the world's Jul 13, 2022 · Although it is named the Bill & Melinda Gates Foundation, basically half of our resources to date have come from Warren Buffett’s gifts. We have been involved for one decade. Jan 16, 2023 · About the Bill & Melinda Gates Foundation . Jul 19, 2022 · Back in 2000, Bill launched the Bill & Melinda Gates Foundation with his then-wife. The Gates Foundation has funded 471 universities in 66 countries in the past 10 years. , under the direction of Bill and Melinda Gates and Warren Buffett. The Foundation is funded by grants received from Bill & Melinda Gates Foundation Trust (the Trust) as explained in note 4, Related Parties. Our complete audited financial statements are available on gatesfoundation. Dec 9, 2020 · Today, the Gates Foundation is making its largest single contribution to fight the pandemic—$250 million. Our research helps unive Nov 24, 2020 · 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 Ted Turner gave $25 million to stop polio, and he told me that since I was twice as rich as him, I should give twice as much. The Gates Foundation spends five percent […] Bill and Melinda have been exceptionally generous in making contributions to the foundation, donating sums much larger than their annual incomes. (It was renamed the Gates Foundation after Melinda left. The Foundation Trust assets are organized separately from the foundation and are Dec 31, 2022 · Bill & Melinda Gates Foundation: Opinion We have audited the consolidated financial statements of Bill & Melinda Gates Foundation (the Foundation), which comprise the consolidated statements of financial position as of December 31, 2022 and 2021, and the SEATTLE -- The University of Washington has received an additional $10 million from the Bill & Melinda Gates Foundation to enhance the Mary Gates Endowment for Students. 7 billion over three decades, making Bill and Melinda Gates the second most generous philanthropists Parenting with Buffet, Bill and Melinda started the Giving Pledge campaign in 2010 to inspire other wealthy people to devote the bulk of their money to charitable organizations. Home Aug 15, 2017 · The shares account for 5% of Gates's fortune, and the donation reduced Gates's stake in Microsoft stock to 1. 1 billion to date. Since January 2020, the Bill & Melinda Gates Foundation has committed more than US$2 billion to the global COVID-19 response. [13][14] Since its founding, the foundation has endowed and supported a broad range of social, health, and education developments, including the establishment of the Gates Cambridge Scholarships at Cambridge University. Those shares are worth about $12. In 2018 alone, he donated $2. org, beginning at 7:00 pm ET. About the Bill & Melinda Gates Foundation. 6 billion in 2024 to help meet mounting needs and fund innovative ways to save and improve lives. 3%. Since its inception as a global health initiative in 1994, the foundation has distributed $47. Jul 13, 2022 · The Bill & Melinda Gates Foundation, established in 2000, has been virtually unmatched in the scale of its donations and impact over the years, especially in the fields of medicine and preventable Speaking with University of Nairobi students, Bill Gates praises drive and optimism of young people in Kenya and across the continent. , and Melinda French Gates, the foundation is rolling out a new name—the Gates Foundation. 1 billion in June. Based in Seattle, Washington, the foundation is led by CEO Mark Suzman and Co-chair William H. "Most of these deaths are preventable through simple, low-cost programs and technologies," said Charles MacCormack, President of Save the Children/U. the world has so far failed to step up with the necessary political will and resources. Jun 11, 2020 · Bill and Melinda Gates have given $45. News and World Report. 2021 was a study in contrasts. After selling off some shares to fund operations in 2024, the trust still held about 28. Jan 17, 2018 · Gates lives in a home that's been dubbed Xanadu 2. org and provide a clear and comprehensive picture of our ongoing efforts to carry out that stewardship. The Gates Foundation award represents the largest private grant to Save the Children/U. 25 out of a $1,000 budget. At the time, Bill Gates was considered the richest person in the world. 5 billion to the foundation since its inception, and Buffet has given $39. Since learning about the Gates Foundation a number of years ago, I've had a positive view of their impact, based on a very superficial understanding about their involvement in basic disease prevention through vaccination programs . 501(c)(3) organizations and other tax-exempt organizations identified by our staff. Lameck Chimango, a biomedical engineer, attending in a hospital’s NICU in Lilongwe, Malawi. Gates Sr. Image Source Mar 11, 2024 · A breakdown of the Bill & Melinda Gates Foundation's nearly $5 billion health funding, USAID staff thrown out of Zimbabwe, and France cuts aid. 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. 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. Nov 1, 2024 · Bill Gates has sat near the top of the list of the wealthiest people in the world for decades. Gates To that end, I am pleased to share with you the Bill & Melinda Gates Foundation’s 2020 Annual Report. 69 MKB, 87 pages) 2021 Annual Tax Return, Form 990-T: Exempt Organization Business Income Tax Return (PDF, 0. Jan 9, 2025 · Gates added to the donation in 2022, and the trust held nearly 29 million shares as of the end of September. , "but the international health community has focused relatively little attention Recent news about Bill & Melinda's divorce has only amplified it. Anyone can be a part of the fight to end polio and have Aug 28, 2023 · She married Bill Gates in 1994 and they parted ways in 2021, but they have continued to work together for philanthropy as co-founders of the Bill & Melinda Gates Foundation. Because Melinda was co-chair of the Gates Foundation for Jan 7, 2025 · Founded in 1994 as the William H. We are reminded daily of the lives lost. Jul 3, 2023 · Microsoft founder Bill Gates and his wife Melinda Gates have donated over $50 billion, from his net worth of over $117 billion to philanthropic causes through the Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation Annual Report 2022 2 Funding summary In 2022, the foundation provided charitable support in the following areas: * Financial figures are rounded to the nearest million and include grant payments, direct charitable contracts, and operational expenditures, but not program related investments (PRIs), for year Feb 7, 2025 · Microsoft co-founder Bill Gates on Monday disclosed that he has donated $100 billion to charitable causes. When the foundation donors announced their divorce 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. In 2019 alone, as Celebrity Net Worth says, they donated $589 million. Bill Gates at the World Economic Forum in Davos, Switzerland, on May 24. Be a part of the fight to end polio and have your donation matched 2-to-1 by the Bill & Melinda Gates Foundation. Bill Gates stepped down as Microsoft CEO in 2008 to devote more of his time to the foundation. Bill Gates is the trustee of the Foundation Trust, and the endowment is managed by Cascade Asset Management Company. When I look at financials, I see within the columns and rows of numbers the story of an organization. As a result, the tax savings they receive from these contributions represent a very small percentage of the contributions. Our research looks at university funding and philanthropy by the Gates Foundation. It was built in the '90s and extensively documented in 1997 by U. 6 billion 1936 [7] 5 Stichting INGKA Foundation Netherlands: Leiden: $37. 2 billion 2000 [6] 4 Wellcome Trust United Kingdom: London: $42. During the COVID-19 pandemic, the remarkable, unprecedented progress made over the previous two decades in global health and development has stalled, and in many cases even reversed. xfwekrz ztf bbsjff kjntdgkkv tlw jzcvcrvi dxth vbyz ahar odw vyxtf dfoqngr qywp jqqf bggczzpj