The future of a post-divorce Gates Foundation â and whether those who rely on it should worry
Ending a marriage is always hard on the dependents â and Bill and Melinda Gates have a lot of them. Here s a look at the future of the multibillion-dollar Gates Foundation and whether the organizations that depend on its largesse should be worried.
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CBC News ·
Posted: May 05, 2021 5:42 PM ET | Last Updated: May 5
Bill and Melinda Gates, shown in New York in September 2018, announced this week that they re divorcing, raising questions about the future of their charitable foundation. With an endowment of nearly $50 billion US, it s one of the world s largest private foundations.(Ludovic Marin/AFP/Getty Images)
The split between the billionaire cofounders of the world’s largest private foundation is sure to have very public consequences. The Bill and Melinda Gates Foundation, with an endowment of nearly $50 billion, donates about $5 billion annually to causes around the world.
Gates Divorce Raises Questions About the Future of Billions in Philanthropic Cash philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.
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Simprints’ mission is to transform the way the world fights poverty. We build technology to radically increase transparency and effectiveness in global development, making sure that every vaccine, every dollar, every public good reaches the people who need them most. We provide accurate, affordable, and secure identification tools to help NGOs, businesses, and governments deliver essential services to their most vulnerable populations. Backed by the Children’s Investment Fund Foundation, the Gates Foundation, USAID, FCDO, Gavi, and more, we partner with organisations such as the Ethiopian Federal Ministry of Health, BRAC, Terra Firma, Dimagi, and D-Tree to achieve our mission. Having reached over 1.2 million beneficiaries, we are contracted to double that number in the coming two years through our projects in Asia and sub-saharan Africa
Bill and Melinda Gates divorce could shake up philanthropy Follow Us
Question of the Day
By HALELUYA HADERO and GLENN GAMBOA - Associated Press - Tuesday, May 4, 2021
As much as Bill and Melinda Gates might want to keep their pending divorce private, the split between the billionaire co-founders of the world’s largest private foundation is sure to have very public consequences, with the breakup having already sent a wave of anxious uncertainty through the worlds of philanthropy and community health.
The Bill and Melinda Gates Foundation, with an endowment of nearly $50 billion, donates about $5 billion annually to causes around the world. Last year, it donated $1 billion to combat COVID-19 through the administering of vaccines.