Foundation Fact Sheet (At A Glance) | Bill & Melinda Gates Foundation (2024)

FAQs

Is the Gates Foundation the same as the Bill and Melinda Gates Foundation? ›

Foundation facts

Includes grant payments made by the Bill & Melinda Gates Foundation and previous foundations of the Gates family (William H. Gates Foundation, Gates Library Foundation, and Gates Learning Foundation) from 1994 onward.

In numerous papers over the past decade, researchers have raised concerns about the foundation's lack of transparency, its veto power over other global health institutions, and its spending priorities. Some experts worry that the Gateses' health philanthropy has become too big to scrutinize.

Gates Foundation and the Gates Learning Foundation, is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported to be the second largest charitable foundation in the world, holding $69 billion in assets as of 2020.

According to the EdelGive Foundation and Hurun Report 2021, the founder of Tata Group, Jamsetji Tata, has been recognized as the most charitable person of the past century, having donated a staggering Rs 829,734 crore.

There is no set amount needed to establish a private foundation. It really just depends on how much money your endowment fund needs to generate an adequate amount of investment income to fund your chosen grants. Most foundations will start off with anywhere from several hundred thousand dollars to millions of dollars.

Our Global Development Division focuses on improving the delivery of high-impact health products and services to the world's poorest communities and helps countries expand access to health coverage.

We provide funding to organizations to achieve measurable impact in the fight against poverty, disease, and inequity around the world. This is our largest funding vehicle, accounting for over 90% of our charitable giving.

Buffett, who is 93, and Gates 68, have been longtime friends for 30 years. Through business ventures that turned philanthropic, they have assisted countless people worldwide. Together they launched The Giving Pledge campaign encouraging other rich individuals to donate much of their wealth towards charitable efforts.

The largest charitable foundation in terms of world total assets is the Novo Nordisk Foundation in Copenhagen, Denmark with assets of $49.1 billion. A close second is the Bill and Melinda Gates Foundation with funds of 46.8 billion. Catholic Charities is a network of charities with headquarters in Alexandria, Virginia.

Who has donated the most money to charity? ›

How Bill and Melinda Gates helped save 122m lives – and what they want to solve next. It was the biggest philanthropic gesture ever, the billionaire investor equivalent of Batman and Superman joining forces to fight world crime.

Bill and Melinda Gates envisioned the GCGH as a way “to identify research areas with the greatest promise for saving and improving lives in the developing world; to fund novel, interdisciplinary approaches among researchers seeking solutions; and to get the 'rich-world' scientific community to apply its experience to ...

We are focused on the areas of greatest need, on the ways in which we can do the most good. From poverty to health, to education, our areas of focus offer the opportunity to dramatically improve the quality of life for billions of people.

In October 2006, our trustees created a two-entity structure. One entity, the Bill & Melinda Gates Foundation, distributes money to grantees. The other, the Bill & Melinda Gates Foundation Trust, manages the endowment assets. This structure enables us to separate our program work from the investment of our assets.

He first answered his son's request for help in using his resources to improve reproductive and child health in the developing world by directing the William H. Gates Foundation, which was established in 1994. It merged with the Gates Learning Foundation to create the Bill & Melinda Gates Foundation in 2000.

In addition to our Seattle headquarters, we have offices in Washington, D.C.; London, United Kingdom; Delhi, India; Beijing, China; Addis Ababa, Ethiopia; Johannesburg, South Africa; and Abuja, Nigeria.