As Melinda French Gates Leaves the Gates Foundation, Many Hope She'Ll ...


Foundation: Gates Foundation

credit:

Melinda French Gates is stepping down as co-chair of the Bill & Melinda Gates Foundation, which she founded with her ex-husband Bill Gates more than 20 years ago.

As part of an agreement made when they divorced in 2021, Gates will provide the $12.5 billion as part of an agreement made when they divorced in 2021.

The AP reports that French Gates is already one of the biggest philanthropic supporters of gender equity in the United States and is now poised to put another $12.5 billion toward intractable problems like closing the gender pay gap and increasing women's political participation.

The additional funds come as French Gates announced Monday that she was stepping down as co-chair of the Gates Foundation, which she founded together with her ex-husband Bill Gates more than 20 years ago.

French Gates said she planned to commit the funds to her work on behalf of women and families, adding, "I'll be sharing more about what that will look like in the near future."

French Gates works through her organization, Pivotal Ventures, which is a limited liability company that also manages investments in for-profit ventures.

As a result, there is little public information about its grantmaking or the assets it manages.

The Bill & Melinda Gates Foundation, which will change its name to the Gates Foundation, Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

E-Waste Processor Sircel Secures $5M Impact Investment

A company in Australia that processes up to 100% of e-waste has just secured $5 million in funding, making it the country's largest e-waste processor and the only one capable of diverting up to 100%...more

Natural Ventures Closes Inaugural Fund Targeting Ag Innovation

A new $100 million fund aims to make a positive difference in the world's food and water supply. The Natural Ventures Fund I, a 10-year closed fund, is the first from a consortium of investors...more

Prime Role for Ai in Impact Decisions

"There are few people as informed about the latest state of AI developments and its level of adoption in financial services, who have also sat shoes in the shoes of investment managers and asset...more

Blusmart Raises Inr 200 Crore from Ms Dhoni Family Office, Renew'S Sumant Sinha

One of the world's most popular electric-vehicle ride-hailing services is getting a big boost from one of India's most famous sons. Mahendra Singh Singh Jaggi, former captain of the Indian...more

Trill Impact Closes Venture Fund after Raising ‚¬90M

Sweden's Trill Impact has made its first venture fund a success with the final close of its $90 million fund. The fund, the first of its kind in Europe, was backed by institutional investors...more

Finance Manager

The Savanna Institute in Urbana, Ill., is looking for a full-time financial manager to oversee its 70,000-square-foot headquarters and budgeting and accounting practices, the Chicago Tribune...more

Why Impact Investors Should Require a Framework for Measuring Success

If you're in the market for a little extra cash and want to make a positive impact on the world, Entrepreneur has just the thing for you. The site is running a series of articles on "impact...more

Sustainable Finance Influencers: Bob Helmuth

One of the world's biggest asset managers is taking a stand against climate changeby investing in some of the world's poorest countries. Envestnet, which has more than $100 billion in assets...more

Odu'A Investment, Nigerian Philanthropy Office Sign Mou for Msmes Funding

President Muhammadu Buhari's promise to create 2 million jobs over the next three years appears to be on track. The Guardian reports that within the next 60 days, the president is expected to...more

Why Impact Investing Is Not Just 'Nice to Have' for Hk, Sg Families

When Poman Lo founded AlphaTrio Capital in 2022, she didn't set out to make a name for herself. Instead, the Hong Kong billionaire founded the sustainable technology fund to focus on projects...more






Social Entrepreneurship
Spotlight



The Social Investment Tax Relief


The proposed Social Investment Tax Relief (SITR) has UK civil society and social organizations stirred up this season. The supposed tax relief on investment in social impact bonds will support the UK social economy.



Federal Government Grant and Assistance Programs


Brookwood-Sago Grant | Superfund Technical Assistance Grants (TAG) for Community Groups at National Priority List (NPL) Sit | Empowering Older Adults and Adults with Disabilities through Chronic Disease Self-Management Educati | Protection and Advocacy for Individuals with Mental Illness | Veterans Prescription Service | Supplemental Revenue Assistance Program | Smart Prosecution Initiative | Emergency Shelter Grants Program | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders