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Tag: Melinda French Gates

  • Melinda French Gates Just Donated $250 Million to Support Women’s Health

    Billionaire philanthropist Melinda French Gates is making good on her $1 billion commitment toward women’s health and empowerment causes. 

    The Action for Women’s Health challenge she announced last year drew to a close on Wednesday—and more than 80 nonprofits walked away with funding totaling some $250 million.

    “I want to see women everywhere making decisions, controlling resources, and shaping policies and perspectives—but women can’t do well unless they can be well,” French Gates said in a statement. 

    The awardees each received grant funding in sums ranging from $1 million to $5 million. They are nonprofits and non-governmental organizations headquartered everywhere from Australia and the U.S. to Uganda and South Africa. They address a range of issues, including offering free mental health services for survivors of domestic violence in Washington, D.C.; training indigenous birthworkers to provide culturally appropriate care in Alaska; and combatting teen pregnancy, HIV, and sexual violence in Sub-Saharan Africa. More than 65 percent of winners are community-run organizations working within their home countries.

    “We believe the best agents for change are those closest to the challenges,” Lever for Change CEO Cecilia Conrad said in a statement. Pivotal, the group of impact organizations French Gates founded in 2015, funded the initiative and Chicago-based nonprofit Lever for Change managed it. They issued an open call last year to nonprofits working to advance women’s physical and mental health globally. More than 4,000 organizations from 119 countries applied. 

    “These 80+ organizations have proven that when it comes to improving women’s health, progress is possible and solutions exist,” French Gates said. “We hope this funding will help them expand their lifesaving, life-changing work, scale their impact, and reach millions more women around the world.”

    French Gates stepped away from her role at the Gates Foundation in June 2024 following her 2021 divorce from Microsoft co-founder Bill Gates. Still, she pledged to continue her work to empower women and improve global health outcomes with the some $12.5 billion she received when leaving the foundation. Shortly before her departure, French Gates announced she would donate $1 billion over the course of two years specifically to systemic issues facing women and families. The Action for Women’s Health challenge was just one part of that pledge.

    Chloe Aiello

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  • Melinda Gates Has a Strict Rule With Her Closest Friends

    For the past 30 years, Melinda Gates has had a strict walking date with three of her best friends penciled into Monday mornings. She told Marie Claire in an interview for the brand’s 2025 Changemakers Issue that she leans on her friends for advice and guidance. 

    “If you’re in town, you’re there,” she says. “I call them my truth council, because we consult each other about almost every major decision in our lives. That word truth is key. I have to be willing to tell them the truth about what I’m thinking and feeling. And then I know that they’ll tell me the truth, even if it’s a hard one I won’t want to hear.” 

    These relationships were particularly important in May 2024, when Gates decided to distance herself from the Gates Foundation to centralize her own philanthropy through Pivotal Ventures. Her foundation, which she created in 2015, seeks to advance women’s rights and influence throughout the world.

    She said as she continued witnessing women’s rights diminish, she felt she could make a larger impact away from the foundation, whose scope doesn’t perfectly align with the cause.

    “I am simply not willing to accept that my granddaughters could grow up with less freedom than I did,” Gates says. “I am going to spend the rest of my life trying to get more power in women’s and girls’ hands.”

    It’s been nearly a year and a half since she left the Gates Foundation. In May 2024, she pledged $1 billion in support of women in the U.S. The money will be distributed to organizations via the foundation through 2026. 

    Gates says she’s always been one to plan her next step, but while she’s still currently in a transition period, she’s learned not to rush the moments in between chapters. 

    “If you’re always going from one thing to the next according to a preconceived plan, you never look up, look around, and see the world from a different perspective,” she says. “Transitions force you to pause. And if you linger in that wide-open space between chapters and pay attention, they have a lot to teach you.”

    Ava Levinson

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  • Melinda French Gates Launches $250 Million Fund—How to Apply | Entrepreneur

    Melinda French Gates Launches $250 Million Fund—How to Apply | Entrepreneur

    In May, Melinda French Gates resigned as co-chair of the Bill and Melinda Gates Foundation and announced that she was dedicating $1 billion over the next two years to women’s organizations.

    On Wednesday, part of that vision unfolded — French Gates launched Action for Women’s Health, a $250 million fund for non-profits supporting women’s mental and physical health across the globe.

    “Women’s health continues to be an afterthought, and it’s impacting the health of our families, our communities, our economies,” French Gates said in a promotional video for the fund. “Thankfully there are so many amazing organizations around the world working to change that.”

    Melinda French Gates. Photo by Taylor Hill/FilmMagic

    Action for Women’s Health will help fund grassroots organizations tackling women’s health issues, French Gates explained. Each awardee will receive between $1 million and $5 million and undergo multiple rounds of review before securing the funding. Winners will be announced by the end of next year.

    Related: Melinda French Gates Reveals Her Next Move After Leaving Gates Foundation: ‘Set Your Own Agenda or Someone Else Will Set It For You’

    Here’s what the fund is looking for and how to apply.

    Who Should Apply

    Applicants must focus on women’s mental or physical health and meet four criteria: Be impactful, scalable, equitable, and feasible.

    Impact, for example, is measured by the non-profit’s demonstrated contributions. A score of 1 would be no contributions and an ineffective, impractical approach while a score of 5 would be earned through examples of contributions, and an approach with proven effectiveness.

    An organizational readiness tool is available to help applicants assess if they meet the requirements. The form goes through criteria like who can apply — individuals, for-profits, LLCs, and B-Corps are not eligible.

    It also asks if the non-profit’s central focus is women’s mental or physical health and if they have at least two years of audited financial records, in addition to other questions.

    How to Apply

    Action for Women’s Health is now accepting applications, due by January 10, 2025. Organizations have to register their intent to apply by December 3, 2024.

    Related: Melinda French Gates Says This Mindset Hack Helped Her Overcome Imposter Syndrome

    Sherin Shibu

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  • I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture | TechCrunch

    I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture | TechCrunch

    On Monday, Melinda French Gates resigned from the philanthropy organization she ran with ex-husband Bill Gates.

    That she left is less surprising than that she stayed as long as she did. The couple divorced in 2021. In August 2021, the charity organization told CNN that it was doing a two-year trial period to see if the two of them could continue to work well together. They outlasted that period by almost a year.

    French Gates will leave next month with an additional $12.5 billion, she said. She wants to dedicate that money to her “lifelong work on behalf of women and families.”

    The Gates Foundation famously works on projects to help impoverished people, especially in developing countries, such as fighting malaria, polio or improving sanitation. 

    But I’m here to lobby for people who are considered pampered, not impoverished. Women engineers in tech still face a shocking level of mistreatment that cause more than half of them to leave their companies, and often the tech industry, according to a recent McKinsey report.

    At blame is the tech industry’s famed “brilliant jerk” or “bro culture” atmosphere that’s not great for anyone of any gender but particularly grinds women to a pulp. 

    And it was largely ushered in by prototypes like Bill Gates, who was famously harsh and impatient during his early years, so much that GQ once likened him to “an office bully.” Gates’ frenemy, Steve Jobs, had his own famed reputation, as did other legendary billionaire founders with names like Larry and Charles.

    Women in tech are bruised

    In a 2024 Women in Tech survey, 72% of women reported experiencing a prevalent “bro culture” at work leading to microaggressions ranging from being spoken over during meetings (64%) to being asked to “supply the food” for meetings (11%). Other research quantifies how women, no matter their seniority, are often treated like a junior-level worker yet they also receive less support, are more likely to be laid-off and less likely to be promoted, and so on.

    Working in an environment like that is bruising! A woman who runs a hardware development team teared up when she told me how she was left out of a meeting with her team’s largest customer. She was expected to prep her male boss for the meeting and he kept contacting her to ask her for information as she sat in her nearby office but wouldn’t invite her to the literal table.

    There’s a Reddit sub called r/womenintech that has more than 21,000 members in which a constant theme is dealing with male co-workers who belittle their work; or an ever-moving bar that blocks a promotion. “I don’t feel any hope about my ‘career’ anymore. I love IT work but the perpetual boys club has cured me of my ambition and destroyed my mental health,” wrote one poster to the sub explaining why she’s leaving the industry.

    Plenty of men feel the same way about the tech industry culture. There are routine giant discussions on Hacker News about the misery one can expect in a coding career.

    To be fair, moving the tech industry (and corporate culture generally) beyond these deep, hostile roots is work that French Gates has been doing since at least 2017, when she began to research why so many women leave the profession.

    Through Pivotal Ventures, her own organization she’s run for many years before separating from Bill, she’s been trying to address root causes. Pivotal is part venture capital fund-of-funds, meaning it invests in other VC funds; part philanthropic; part lobbying effort; part anything else the billionaire wants to do. (Pivotal Ventures declined comment.)

    When French Gates said in her resignation that she’s going to use her fresh cache of billions to work in service of women, she implied work on a greater spectrum: everything from body autonomy to investing in more women-led startups. For instance, Pivotal partnered with Techstars for a Future of Longevity Accelerator which featured a roster of such startups. She backs women-led VC funds like Miriam Rivera’s Ulu Ventures and Promise Phelon’s Growth Warrior Capital.

    She’s a vocal advocate for family leave policies and modern caregiving systems; lobbies for mental health; funds partners who are bringing more diversity into tech and AI; and is now working on helping more women win elections.

    In an op-ed on that topic last year for Time (owned, ironically enough, by another male tech billionaire, Marc Benioff), she wrote, “Ultimately, though, we can’t just keep pushing women into a broken system: We need to fix the system, addressing the full range of structural barriers that keep our government from looking like the people it’s intended to serve.”

    The same is true for corporate systems.

    What more can Melinda French Gates do?

    So what more can she — or any other interested billionaire — do with her extra serving of billions?

    I believe it’s time for some kind of employee bill of rights that eliminates the draconian contracts most tech workers must sign as a condition of employment, even at startups.

    While Biden’s 2022 federal Speak Out Act makes many non-disclosure, non-disparagement agreements for sexual assault or harassment allegations unenforceable, all non-disparagement clauses should be nixed. Individuals should be free to publicly speak about their personal experiences at their jobs, good or bad, without fear of being sued by the company or other retribution. Think how many more Susan Fowlers — Uber’s famed culture whistleblower — there would be if people felt free to speak. Better still: Think how the threat of outspeak could push humans in positions of power to build cultures that didn’t need outing.

    Another thing that needs to go: draconian non-disclosure, non-disparagement agreements that laid-off workers are forced to sign as a condition of severance benefits.

    And finally, I’d like to see corporate America end secrecy around employee pay as another area that would empower women and all employees.

    Yes, this is a lot to ask one woman to do, given all that she is already doing. And even another $12.5 billion won’t be enough to make people be kinder to one another at work because humans are who they are. But the more pressure someone as powerful as Melinda French Gates can exert to change the structures, the better off we’ll all be.

    Got a tip about a harsh tech company or startup culture you are experiencing? Contact Julie Bort via email, X/Twitter or Signal at 970-430-6112.

    Julie Bort

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  • Melinda French Gates resigns as Gates Foundation co-chair, 3 years after her divorce from Bill Gates

    Melinda French Gates resigns as Gates Foundation co-chair, 3 years after her divorce from Bill Gates

    NEW YORK – Melinda French Gates will step down as co-chair of the Bill & Melinda Gates Foundation, the nonprofit she and her ex-husband Bill Gates founded and built into one of the world’s largest philanthropic organizations over the past 20 years.

    “This is not a decision I came to lightly,” French Gates posted on the X platform on Monday. “I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world.”

    She praised the foundation’s CEO, Mark Suzman, and the foundation’s board of trustees, which was significantly expanded after the couple announced their divorce in May 2021.

    “The time is right for me to move forward into the next chapter of my philanthropy,” French Gates wrote in her statement. She organizes some of her investments and philanthropic gifts through her organization, Pivotal Ventures, which is not a nonprofit.

    Bill Gates thanked French Gates for her “critical” contributions to the foundations in a statement, saying, “I am sorry to see her leave, but I am sure she will have a huge impact in her future philanthropic work.”

    French Gates will receive $12.5 billion as part of her agreement with Gates, which she said would commit to future work focused on women and families.

    The Gates Foundation did not immediately return a request for comment about whether those assets would come from the foundation itself. In an emailed statement, the foundation said that Suzman announced the decision to employees on Monday.

    “After a difficult few years watching women’s rights rolled back in the U.S. and around the world, she wants to use this next chapter to focus specifically on altering that trajectory,” Suzman said of French Gates.

    Suzman said he knew many had joined the foundation in part because of their admiration for her advocacy, especially around gender equity.

    “I know how beloved Melinda is here,” Suzman wrote.

    The Gates Foundation holds $75.2 billion in its endowment as of December 2023, and announced in January, it planned to spend $8.6 billion through the course of its work in 2024.

    The Associated Press receives financial support for news coverage in Africa from the Bill & Melinda Gates Foundation and for news coverage of women in the workforce from Pivotal Ventures.

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    Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.

    Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Thalia Beaty, Associated Press

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  • Buffett donates over $750 million to his family charities

    Buffett donates over $750 million to his family charities

    OMAHA, Neb. — Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday, but unlike his annual gifts to charity each summer, the recipients didn’t include the Bill & Melinda Gates Foundation.

    Buffett has been making annual donations to the same five charities every year since 2006 when he unveiled a plan to give away his fortune over time, with the Gates Foundation receiving the biggest donations. Wednesday’s donations mark the first time the 92-year-old has made a second major gift within the same year.

    A filing with the Securities and Exchange Commission showed Buffett gave 1.5 million Class B shares in the Omaha, Nebraska-based conglomerate he leads to the Susan Thompson Buffett Foundation, named for his first wife. He also gave 300,000 Class B shares apiece to the three foundations run by his children: the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation.

    In June, he gave 11 million Class B shares to the Gates Foundation, 1.1 million B shares to the Susan Thompson Buffett Foundation and 770,218 shares apiece to his children’s three foundations.

    It wasn’t immediately clear what prompted the new donations this week, and Buffett didn’t immediately respond Wednesday to questions about them. The Gates Foundation and the Buffett family foundations that received the gifts also didn’t immediately respond to questions.

    The only other major change Buffett has made to his giving plans over the years came a decade ago when he significantly increased the amount pledged to the foundations his children run because he was pleased with what they had done with his money.

    The Susan Thompson Buffett Foundation keeps a low profile, but over the years it has been a major supporter of abortion rights, making large gifts to Planned Parenthood and other groups. Buffett hasn’t announced any changes in his giving plans since the U.S. Supreme Court overturned Roe v. Wade earlier this year.

    Susie Buffett, 69, uses her Sherwood Foundation to strengthen early childhood education and support a number of projects around Buffett’s hometown of Omaha where she also lives. Howard Buffett, 67, is helping farmers in impoverished nations produce more and working to end world hunger with his namesake foundation. Peter Buffett, 64, has dedicated his NoVo Foundation to empowering women and girls worldwide through education, collaboration and economic development to end violence against women.

    Even after these latest gifts, Buffett still controls more than 31% of Berkshire’s voting power.

    Berkshire Hathaway is an eclectic conglomerate that owns more than 90 companies including BNSF railroad, Geico insurance, several major utilities and an assortment of manufacturing and retail firms including Precision Castparts, Dairy Queen and Helzberg Diamonds. In addition to the companies it owns outright, Berkshire owns major investments in Apple, Bank of America, Coca-Cola and other companies.

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  • Gates Foundation boosts GivingTuesday with $10M donation

    Gates Foundation boosts GivingTuesday with $10M donation

    NEW YORK — The Bill & Melinda Gates Foundation donated $10 million to the organization that grew out of the hashtag #GivingTuesday in part to fund a database of charitable giving and other acts of generosity.

    GivingTuesday, the organization, has helped people realize there is a lot they can give, said foundation co-founder Melinda French Gates in an interview.

    “Whether people are giving their voice, their time, their expertise or their money, and given that it was the ten year anniversary of GivingTuesday, it seemed like the right time to step up with another commitment,” French Gates said.

    Asha Curran, GivingTuesday’s CEO, described the foundation as a thought partner in addition to being a funder.

    “It’s a really wonderful thing to see the partnering of big philanthropy and grassroots generosity, that those things don’t have to live in separate worlds and be viewed as totally separate things,” Curran said.

    The new gift announced Tuesday also represents the Gates Foundation’s ongoing efforts encouraging people to give. The Giving Pledge, which the Gates’ founded with Berkshire Hathaway CEO Warren Buffett, asks billionaires to donate more than half of their wealth to charitable causes within their lifetimes, while GivingTuesday seeks to mobilize everyone else.

    “We believe philanthropy is the right thing to do and that anybody can do it,” said French Gates in an interview. “And so, it’s more making it a societal norm, quite frankly, that you give something back.”

    GivingTuesday started in 2012 as a project of the 92nd Street Y and became an independent nonprofit in 2020. It now convenes a network of people who run campaigns for communities around the world, adapted to relevant holidays and giving traditions.

    Most people still associate the organization with the now-familiar flood of emails and other solicitations for charitable donations that pour in on the Tuesday after Thanksgiving in the U.S., which Curran said she doesn’t mind.

    “I just wish they also associated it with grassroots leadership and young people leading the way in philanthropy,” she said.

    Last year, the organization said donors gave more than $2.7 billion on Giving Tuesday, despite many fundraisers and organizations professing exhaustion with trying to design campaigns that breakthrough.

    The Gates Foundation has previously given the organization $10.5 million since its founding. GivingTuesday also received $7 million from novelist and philanthropist MacKenzie Scott in 2021.

    Curran said the gift will accelerate the organization’s plans to expand a database that includes information about giving from a range of sources including the payment processor PayPal, Charity Navigator, crowdfunding sites GoFundMe, DonorsChoose and Tiltify as well as major institutions that offer donor-advised funds like Fidelity Charitable and the Silicon Valley Community Foundation.

    GivingTuesday said they aim to raise $26 million over five years to fund the data project and already have 40% of that amount committed.

    The software company Blackbaud, which works with nonprofits, universities and foundations, said they do not share their raw donation data with third parties. though they do provide GivingTuesday the total amount of donations they process on the Tuesday after Thanksgiving.

    Other organizations also track philanthropic giving — including Candid, which collects giving data from philanthropic foundations, governments and nonprofits, as well as major academic studies like one at the Indiana University Lilly Family School of Philanthropy that has surveyed the giving behavior of the same American households for decades. The Giving USA Foundation also releases an annual analysis of giving trends, that includes many datasets but doesn’t capture person to person giving or mutual aid.

    GivingTuesday aims to collect data about individual donations, which Jake Garcia, vice president of data at Candid, said could complement these other projects and help answer questions about giving trends.

    “The stock market’s down, do donations go up or down?” Garcia said. “Number of donations, amount for donations, the type of donations they make. . . Those trends, I think, are the kinds of things that could be really revelatory if they can get a good enough body of data.”

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    Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.

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  • Gates Foundation pledges $1.2B to eradicate polio globally

    Gates Foundation pledges $1.2B to eradicate polio globally

    BERLIN — The Bill and Melinda Gates Foundation says it will commit $1.2 billion to the effort to end polio worldwide.

    The money will be used to help implement the Global Polio Eradication Initiative’s strategy through 2026. The initiative is trying to end the polio virus in Pakistan and Afghanistan, the last two endemic countries, the foundation said in a statement Sunday.

    The money also will be used to stop outbreaks of new variants of the virus. The announcement was made Sunday at the World Health Summit in Berlin.

    The foundation says in a statement on its website that it has contributed nearly $5 billion to the polio eradication initiative. The initiative is trying to integrate polio campaigns into broader health services, while it scales up use of the novel oral polio vaccine type 2.

    The group also is working to make national health systems stronger so countries are better prepared for future health threats, the statement said.

    “The last steps to eradication are by far the toughest. But our foundation remains dedicated to a polio-free future, and we’re optimistic that we will see it soon,” said foundation CEO Mark Suzman.

    Pakistan has reported 20 polio cases so far this year, all in the north-western Khyber Pakhtunkhwa province.

    Afghanistan, which has registered two cases this year, previously lacked access to vaccines because of violence and the Taliban banning polio teams in areas under its control. However last year, a few months after they took over Afghanistan, the Taliban agreed to allow United Nations health workers to begin a national campaign.

    Pakistan has long struggled with Islamic militants targeting polio workers and the police protecting them, falsely claiming that vaccinations are a Western campaign to sterilize children. This year, it has the added challenge of unprecedented rainfall destroying road networks and health facilities, limiting vaccination drives, and displacing communities.

    Despite the billions of dollars that have gone into the effort to eradicate polio since 1988 — the program costs about $1 billion every year — the World Health Organization and partners have missed repeated deadlines to wipe out the disease and have come under sustained criticism for failing to adapt to challenges. In recent years, for example, there have been more cases of polio linked to the oral vaccine used in eradication efforts than those caused by the wild virus.

    Numerous experts have also questioned whether more money is what’s needed to eradicate polio, as the initiative is already one of the best funded in global public health and has rarely faced any funding gaps. Although WHO and partners have reduced the incidence of polio by more than 99%, that progress was largely made in the first 10 years. The disease remains stubbornly entrenched in war-torn regions of Afghanistan and Pakistan and there have been dozens of vaccine-triggered outbreaks in Africa and elsewhere in recent years, including the U.S. and Israel.

    An independent panel formed to evaluate the eradication effort’s progress has repeatedly identified significant strategic mistakes made by countries, WHO and their donors, warning that their reluctance to change course, among other issues, may ultimately allow polio to resurge.

    The eradication initiative is a public-private partnership led by a group of national governments that includes the Gates Foundation, Rotary International, the World Health Organization and the U.S. Centers for Disease Control and Prevention.

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