Bill & Melinda Gates Foundation

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Bill & Melinda Gates Foundation
BillMelindaGatesFoundation.svg
Founded2000[1]
Founder
TypeNon-operating private foundation
(IRS exemption status): 501(c)(3)[2]
FocusEducation, Healthcare, Ending poverty
Location
Area servedGlobal
MethodDonations and Grants
Key peopleBill Gates, co-founder and co-chair
Melinda Gates, co-founder and co-chair
William H. Gates, Sr., co-chair
Susan Desmond-Hellmann, CEO
EndowmentUS$38.3 billion as of 30 June 2013[3]
Employees1,058[3]
Websitewww.gatesfoundation.org
Formerly calledWilliam H. Gates Foundation
(1994–1999)
 
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Bill & Melinda Gates Foundation
BillMelindaGatesFoundation.svg
Founded2000[1]
Founder
TypeNon-operating private foundation
(IRS exemption status): 501(c)(3)[2]
FocusEducation, Healthcare, Ending poverty
Location
Area servedGlobal
MethodDonations and Grants
Key peopleBill Gates, co-founder and co-chair
Melinda Gates, co-founder and co-chair
William H. Gates, Sr., co-chair
Susan Desmond-Hellmann, CEO
EndowmentUS$38.3 billion as of 30 June 2013[3]
Employees1,058[3]
Websitewww.gatesfoundation.org
Formerly calledWilliam H. Gates Foundation
(1994–1999)
Bill and Melinda Gates, June 2009

Bill & Melinda Gates Foundation (BMGF or the Gates Foundation) is one of the largest private foundations in the world, founded by Bill and Melinda Gates. It was launched in 2000 and is said to be the largest transparently operated private foundation in the world.[4] It is "driven by the interests and passions of the Gates family".[5] The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and in America, to expand educational opportunities and access to information technology. The foundation, based in Seattle, Washington, is controlled by its three trustees: Bill Gates, Melinda Gates and Warren Buffett. Other principal officers include Co-Chair William H. Gates, Sr. and Chief Executive Officer Susan Desmond-Hellmann.

It had an endowment of US$38.3 billion as of 30 June 2013.[3] The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in the philanthrocapitalism revolution in global philanthropy,[6] though the foundation itself notes that the philanthropic role has limitations.[5] In 2007, its founders were ranked as the second most generous philanthropists in America, and Warren Buffett the first.[7] As of May 16, 2013, Bill Gates had donated US$28 billion to the foundation.[8]

History[edit]

Front building

In 1997, the foundation was formed as the William H. Gates Foundation with an initial stock gift of US$94 million. The foundation was renamed the Bill & Melinda Gates Foundation after a merger with the Gates Learning Foundation in 2000 when the Gates gave an additional US$126 million.[1][9] During the foundation's following years, funding grew to US$2 billion. On June 15, 2006, Gates announced his plans to transition out of a day-to-day role with Microsoft, effective July 31, 2008,[10] to allow him to devote more time to working with the foundation.

Rear building

Bill and Melinda Gates, along with the musician Bono, were named by Time as Persons of the Year 2005 for their charitable work. In the case of Bill and Melinda Gates, the work referenced was that of this foundation.

Detail of the facade of the visitor center

In April 2010, Gates was invited to visit and speak at the Massachusetts Institute of Technology where he asked the students to take on the hard problems of the world in their futures. He also explained the nature and philosophy of his philanthropic endeavors.[11][12]

In 2010, The Foundation's founders started The Commission on Education of Health Professionals for the 21st Century, entitled "Transforming education to strengthen health systems in an interdependent world."[13]

In 2013, Hillary Clinton launched a partnership between The Foundation and the Bill, Hillary & Chelsea Clinton Foundation to gather and study data on the progress of women and girls around the world since the United Nations Fourth World Conference On Women in Beijing in 1995. [14] [15] This is called "No Ceilings: The Full Participation Project.” [16] [17]

Warren Buffett donation[edit]

On June 25, 2006, Warren Buffett (then the world's richest person, estimated worth of US$62 billion as of April 16, 2008) pledged to give the foundation approximately 10 million Berkshire Hathaway Class B shares spread over multiple years through annual contributions, with the first year's donation of 500,000 shares being worth approximately US$1.5 billion.[18] Buffett set conditions so that these contributions do not simply increase the foundation's endowment, but effectively work as a matching contribution, doubling the Foundation's annual giving: "Buffett's gift came with three conditions for the Gates foundation: Bill or Melinda Gates must be alive and active in its administration; it must continue to qualify as a charity; and each year it must give away an amount equal to the previous year's Berkshire gift, plus an additional amount equal to 5 percent of net assets. Buffett gave the foundation two years to abide by the third requirement."[19] The Gates Foundation received 5% (500,000) of the shares in July 2006 and will receive 5% of the remaining earmarked shares in the July of each following year (475,000 in 2007, 451,250 in 2008).[20][21] In July 2013, Buffet announced another donation of his company's Class B, this time in the amount worth $2 billion, is going to the Bill and Melinda Gates Foundation.[22]

Activities[edit]

To maintain its status as a charitable foundation, the Bill and Melinda Gates Foundation must donate funds equal to at least 5 percent of its assets each year.[23] As of April 2014, the Foundation is organized into four program areas under chief executive officer Susan Desmond-Hellmann who "sets strategic priorities, monitors results, and facilitates relationships with key partners":[24]

The Foundation maintains an online database of grants on its website and, as of April 6, 2014, the The National Alliance to End Homelessness, Inc. was the latest grantee, with an amount of US$100,000 donated under the US Program.[26]

Financials[edit]

The Foundation explains on its website that its trustees divided the organization into two entities: the Bill & Melinda Gates Foundation (foundation) and the Bill & Melinda Gates Foundation Trust (trust). The foundation section, based in Seattle, US, "focuses on improving health and alleviating extreme poverty," and its trustees are Bill and Melinda Gates and Warren Buffett. The trust section manages "the investment assets and transfer proceeds to the foundation as necessary to achieve the foundation’s charitable goals"—it holds the assets of Bill and Melinda Gates, who are the sole trustees, and receives contributions from Buffett.[27]

The Foundation posts its audited financial statements and 990-PF forms on the "Financials" section of its website as they become available. At the end of 2012, the Foundation registered a cash sum of US$4,998,000, down from US$10,810,000 at the end of 2011. Unrestricted net assets at the end of 2012 were worth US$31,950,613,000, while total assets were worth US$37,176,777,000.[28]

Bill & Melinda Gates Foundation Trust Investments[edit]

Global Development Division[edit]

Christopher Elias leads the Foundation's efforts to combat extreme poverty through grants as president of the Global Development Program.[30]

In March 2006, the Foundation announced a US$5 million grant for the International Justice Mission (IJM), a human rights organization based in Washington, D.C., US to work in the area of sex trafficking. The official announcement explained that the grant would allow the IJM to "create a replicable model for combating sex trafficking and slavery" that would involve the opening of an office in a region with high rates of sex trafficking, following research. The office was opened for three years for the following purposes: "conducting undercover investigations, training law enforcement, rescuing victims, ensuring appropriate aftercare, and seeking perpetrator accountability".[31]

The IJM used the grant money to found "Project Lantern" and established an office in the Philippines city of Cebu. In 2010 the results of the project were published, in which the IJM stated that Project Lantern had led to "an increase in law enforcement activity in sex trafficking cases, an increase in commitment to resolving sex trafficking cases among law enforcement officers trained through the project, and an increase in services – like shelter, counseling and career training – provided to trafficking survivors". At the time that the results were released, the IJM was exploring opportunities to replicate the model in other regions.[32]

Financial services for the poor[edit]

Agricultural development[edit]

Global Special Initiatives[edit]

The Foundation's Special Initiatives include responses to catastrophes as well as learning grants that are used to experiment with new areas of giving. Currently, the Foundation is exploring water, hygiene, and sanitation as a new focus within Global Development.

Open defecation poses significant health and environmental risks, and creates vulnerability, particularly for women and children who are exposed to a loss of dignity, abuse, or harassment while defecating in the open. Globally, poor sanitation contributes to 1.5 million child deaths each year from diarrheal disease; in India alone, diarrhea kills one child per minute (UNICEF/WHO, 2009). Diarrhea is also a major cause of death for children and chronic diarrhea affects a child's development by impeding their health and nutrition, and hindering vaccine absorption. Poverty, ill health, and an overall poor quality of life are concurrent factors for such people.

Toilet developed by RTI International is based on electrochemical disinfection and solid waste combustion[39]

The Foundation has called on grantees to design a standalone toilet unit—without piped-in water, a sewer connection, or outside electricity— with a facility cost target of less than five cents per person, per day. The RTTC is also working to improve waste handling from collection and treatment. Funded by the Foundation, scientists at University of Colorado have developed a composting toilet that uses solar heat to treat the fecal matter and produce char.[41] High-tech toilets for tackling the growing public health problem of human waste are gaining increasing attention. But, low-tech solutions may be more practical in poor countries as the green toilet.[42]

Global Health Division[edit]

Since 2011, the President of the Global Health Program is Trevor Mundel.[43]

The Global Health Program's significant grants include:

United States Division[edit]

Under President Allan Golston, the United States Program has made grants such as the following:

Libraries[edit]

In 1997, the charity introduced a U.S. Libraries initiative with a goal of "ensuring that if you can get to a public library, you can reach the internet". Only 35% of the world’s population has access to the Internet.[63] The foundation has given grants, installed computers and software, and provided training and technical support in partnership with public libraries nationwide in an effort to increase access and knowledge.[63] Helping provide access and training for these resources, this foundation helps move public libraries into the digital age.[63]

Most recently, the foundation gave a US$12.2 million grant to the Southeastern Library Network (SOLINET) to assist libraries in Louisiana and Mississippi on the Gulf Coast, many of which were damaged or destroyed by Hurricanes Katrina and Rita.

Education[edit]

Pacific Northwest[edit]

Global Policy & Advocacy Division[edit]

Lifespan[edit]

In October 2006 the Bill & Melinda Gates Foundation was split into two entities: the Bill & Melinda Gates Foundation Trust, which manages the endowment assets and the Bill & Melinda Gates Foundation, which "... conducts all operations and grantmaking work, and it is the entity from which all grants are made".[80][81] Also announced was the decision to "... spend all of [the Trust's] resources within 20[82] years after Bill's and Melinda's deaths".[83][84][85][86] This would close the Bill & Melinda Gates Foundation Trust and effectively end the Bill & Melinda Gates Foundation. In the same announcement it was reiterated that Warren Buffett "... has stipulated that the proceeds from the Berkshire Hathaway shares he still owns at death are to be used for philanthropic purposes within 10 years after his estate has been settled".[83]

The plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date. This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes.[84]

Criticism[edit]

Investments[edit]

The foundation trust invests undistributed assets, with the exclusive goal of maximizing the return on investment. As a result, its investments include companies that have been criticized for worsening poverty in the same developing countries where the Foundation is attempting to relieve poverty.[87] These include companies that pollute heavily and pharmaceutical companies that do not sell into the developing world.[88] In response to press criticism, the foundation announced in 2007 a review of its investments to assess social responsibility.[89] It subsequently cancelled the review and stood by its policy of investing for maximum return, while using voting rights to influence company practices.[90]

Diversion of health care resources[edit]

The Foundation has donated millions of dollars to help sufferers of AIDS, tuberculosis and malaria. However, investigations in 2007 from Foreign Affairs[91] and Los Angeles Times[92] claimed there were three major problems with the foundation's allocation of aid. First, "by pouring most contributions into the fight against such high-profile killers as AIDS, Gates guarantees have increased the demand for specially trained, higher-paid clinicians, diverting staff from basic care". This form of "brain drain", pulls away trained staff from children and those suffering from other common killers. Second, "the focus on a few diseases has shortchanged basic needs such as nutrition and transportation".[92] Finally, "Gates-funded vaccination programs have instructed caregivers to ignore – even discourage patients from discussing – ailments that the vaccinations cannot prevent".[92]

Education reform[edit]

The public school reform program of the Gates Foundation has come under criticism by education professionals, parents, and researchers for promoting reforms that they see as undermining public education. The reforms include closing neighborhood schools in favor of privately run charter schools; using standardized test scores extensively to evaluate students, teachers, and schools; and merit pay for teachers based on test scores. Critics also believe that the Gates Foundation exerts too much influence over public education policy without being accountable to voters or tax payers. [93][94][95]

Grantee communication[edit]

A 2011 survey of grantees found that many believed the foundation did not make its goals and strategies clear and sometimes did not understand those of the grantees; that the foundation's decision- and grantmaking procedures were too opaque; and that its communications could be more consistent and responsive. The foundation's response was to improve the clarity of its explanations, make "orientation calls" to grantees upon awarding grants, tell grantees who their foundation contact is, give timely feedback when they receive a grantee report, and establish a way for grantees to provide anonymous or attributed feedback to the foundation.[96] The foundation also launched a podcast series.[97]

Abortion[edit]

Melinda Gates has stated that the foundation "has decided not to fund abortion".[98] In response to questions about this decision, Gates stated in a June 2014 blog post that she "struggle[s] with the issue" and that "the emotional and personal debate about abortion is threatening to get in the way of the lifesaving consensus regarding basic family planning".[98] Up to 2013, the Bill & Melinda Gates Foundation provided $71 million to Planned Parenthood, the primary US abortion provider, and affiliated organizations.[99]

Awards[edit]

See also[edit]

Notes and references[edit]

  1. ^ a b Foundation Timeline and History – Bill & Melinda Gates Foundation
  2. ^ FoundationCenter.org Bill & Melinda Gates Foundation, accessed 2009-06-20
  3. ^ a b c Bill & Melinda Gates Foundation. "Fact Sheet". Retrieved 2012-03-27. 
  4. ^ Bates, Suzanne (2012). Discover Your CEO Brand. United States: McGrawHill. p. iv. ISBN 9780071762908. Retrieved 12 June 2014. 
  5. ^ a b Guiding Principles
  6. ^ "The birth of philanthrocapitalism". The Economist. 2006-02-23. 
  7. ^ The 50 most generous Americans
  8. ^ Alex Cuadros; Crayton Harrison (17 May 2013). "Bill Gates Retakes World’s Richest Title From Carlos Slim". Blooomberg. Blooomberg L.P. Retrieved 16 May 2013. 
  9. ^ Gates' historical legacy may focus more on philanthropy than on Microsoft - Computerworld
  10. ^ "Microsoft Announces Plans for July 2008 Transition for Bill Gates". Microsoft PressPass. 2006-06-15. 
  11. ^ Guo, Jeff; McQueen, Rob, "Gates asks students to tackle world’s problems : Disease and education among biggest challenges", The Tech, Volume 130, Issue 21, Friday, April 23, 2010
  12. ^ Guo, Jeff, "In interview, Gates describes philanthropic journey", The Tech, Volume 130, Issue 21, April 23, 2010. (video & transcript). "After he spoke at Kresge Auditorium, Bill Gates sat down with The Tech to talk more about his college tour, his philanthropy, and the philosophy behind it."
  13. ^ Public Health Blog | PHGN Blog - Public Health Global Network
  14. ^ http://www.washingtonpost.com/blogs/post-politics/wp/2014/02/13/hillary-clinton-launches-global-data-project-on-women-and-girls/
  15. ^ http://www.philanthropynewsdigest.org/news/wyss-clinton-foundations-partner-on-full-participation-by-women-and-girls
  16. ^ http://www.washingtonpost.com/blogs/post-politics/wp/2014/02/13/hillary-clinton-launches-global-data-project-on-women-and-girls/
  17. ^ http://www.philanthropynewsdigest.org/news/wyss-clinton-foundations-partner-on-full-participation-by-women-and-girls
  18. ^ Loomis, Carol J. (2008-03-05). "Warren Buffett gives away his fortune". Fortune (Time Warner via CNNMoney.com). Archived from the original on 28 November 2007. Retrieved 2007-12-10. 
  19. ^ [1] [2] [3]
  20. ^ Loomis, Carol J. (2006-06-25). "How Buffett's giveaway will work". CNN. Retrieved 2010-04-26. 
  21. ^ http://berkshirehathaway.com/donate/bmgfltr.pdf
  22. ^ Warren Buffett Makes Huge Charity Stock Donation To Gates Foundation, Other Charities. Huffingtonpost.com. Retrieved on 2013-07-18.
  23. ^ "Private Family Foundations". SaveWealth. SaveWealth. 2014. Retrieved 6 April 2014. 
  24. ^ "Susan Desmond-Hellmann". Bill and Melinda Gates Foundation. Bill and Melinda Gates Foundation. 2014. Retrieved 2 June 2014. 
  25. ^ "What We Do". Bill and Melinda Gates Foundation. Bill and Melinda Gates Foundation. 2014. Retrieved 6 April 2014. 
  26. ^ "How We Work - Grantmaking". Bill & Melinda Gates Foundation. Bill & Melinda Gates Foundation. 6 April 2014. Retrieved 6 April 2014. 
  27. ^ "Who We Are - Financials". Bill and Melinda Gates Foundation. Bill and Melinda Gates Foundation. 2014. Retrieved 6 April 2014. 
  28. ^ "BILL & MELINDA GATES FOUNDATION Consolidated Financial Statements" (PDF). BILL & MELINDA GATES FOUNDATION Consolidated Financial Statements. KPMG. 31 December 2012. Retrieved 6 April 2014. 
  29. ^ http://www.streetinsider.com/holdings.php?q=WMT
  30. ^ "Who We Are - Leadership CHRISTOPHER ELIAS PRESIDENT". Bill & Melinda Gates Foundation. Bill & Melinda Gates Foundation. 2014. Retrieved 6 April 2014. 
  31. ^ "Gates Foundation Awards $5 Million to Fight Sex Trafficking". Philanthropy News Digest. Foundation Center. 21 March 2006. Retrieved 6 April 2014. 
  32. ^ "Project Lantern: Game-Changing Results in the Fight Against Trafficking". IJM. IJM. 2010. Retrieved 6 April 2014. 
  33. ^ "Gates Foundation Awards $1.5 Million to Grameen Foundation" (Press release). Grameen Foundation. 2006-08-29. Archived from the original on 5 October 2007. Retrieved 2007-10-26. 
  34. ^ "Growing Better Rice for a Hungry World". Good. GOOD Worldwide Inc. 23 May 2011. Retrieved 17 March 2014. 
  35. ^ Raj Patel; Eric Holt-Gimenez; Annie Shattuck (21 September 2009). "Ending Africa's Hunger". The Nation. The Nation. Retrieved 17 March 2014. 
  36. ^ "Community Alliance for Global Justice". AGRA Watch. Community Alliance for Global Justice. 2014. Retrieved 17 March 2014. 
  37. ^ "Pakistan Earthquake Homeless Number May Surpass Tsunami". Mercy Corps. Mercy Corps. 13 October 2005. Retrieved 17 March 2014. 
  38. ^ "United Nations Millenium Development Goals Report 2012" (PDF). United Nations Millenium Development Goals Report 2012. United Nations. 2012. Retrieved 17 March 2014. 
  39. ^ "Our Technology". A Better Toilet For A Cleaner World. RTI International. 2014. Retrieved 17 March 2014. 
  40. ^ "Water, Sanitation & Hygiene Reinvent the Toilet Challenge". 
  41. ^ "World’s First Solar Powered Toilet to be unveiled in India this month". IANS. news.biharprabha.com. Retrieved 14 March 2014. 
  42. ^ Reinventing the toilet for 2.5 billion in need Bull World Health Organ 2014;92:470–471 | doi: http://dx.doi.org/10.2471/BLT.14.020714 http://www.who.int/bulletin/volumes/92/7/14-020714.pdf
  43. ^ "Leadership - Trevor Mundel". Bill & Melinda Gates Foundation. Bill & Melinda Gates Foundation. 2014. Retrieved 6 April 2014. 
  44. ^ [4][dead link]
  45. ^ "Gates Foundation, Norway Contribute $1 Billion to Increase Child Immunization in Developing Countries" (Press release). GAVI Alliance. 2005-01-24. Archived from the original on 13 October 2007. Retrieved 2007-10-24. 
  46. ^ Thomson, Iain (2005-01-25). "Bill Gates gives $750m to help African children". Archived from the original on 2 November 2007. Retrieved 2007-10-24. 
  47. ^ "Children's Vaccine Program Receives Grant From Bill & Melinda Gates Foundation to Combat Japanese Encephalitis" (Press release). Program for Appropriate Technology in Health. 2003-12-09. Archived from the original on 2003-12-21. Retrieved 2007-10-24. 
  48. ^ "Gates gives $287m to HIV research". BBC News. 20 July 2006. Retrieved 2007-10-24. 
  49. ^ Bill and Melinda Gates Foundation Announcement (2004-02-12). "Gates Foundation Commits $82.9 Million to Develop New Tuberculosis Vaccines". 
  50. ^ Nightingale, Katherine (2007-09-19). "Gates foundation gives US$280 million to fight TB". 
  51. ^ "Negotiated prices for Xpert® MTB/RIF and FIND country list". FIND Diagnostics. FIND. October 2013. Retrieved 6 April 2014. 
  52. ^ "Public-Private Partnership Announces Immediate 40 Percent Cost Reduction for Rapid TB Test". World Health Organization. United Nations. 6 August 2012. Retrieved 6 April 2014. 
  53. ^ "Published evidence and commentary on the Xpert MTB/RIF assay". Stop TB Partnership. World Health Organization. 12 March 2014. Retrieved 6 April 2014. 
  54. ^ "$5 m for disease control in Ethiopia". Israel21C. 30 December 2009. Retrieved 6 April 2014. 
  55. ^ "Institute for OneWorld Health receives multimillion dollar grant". EurekAlert!. AAAS and EurekAlert!. 1 December 2005. Retrieved 6 April 2014. 
  56. ^ "New Cure for Deadly Visceral Leishmaniasis (Kala-Azar) Approved by Government of India, Institute for OneWorld Health and Gland Pharma Limited Achieve Critical Paromomycin Milestone". Business Wire India. Business Wire India. 14 September 2008. Retrieved 6 April 2014. 
  57. ^ Kyle Funk (September–October 2010). "Q & A: Institute for OneWorld Health". Access Granted Rita. Landes Bioscience. Retrieved 6 April 2014. 
  58. ^ "TOPIC: Develop the Next Generation of Condom". Grand Challenges in Global Health. Grand Challenges in Global Health. March 2013. Retrieved 6 April 2014. 
  59. ^ Nick Lieber (5 December 2013). "Innovation: Next-Gen Condoms". Bloomberg Businessweek. Retrieved 6 April 2014. 
  60. ^ "WHO roadmap inspires unprecedented support to defeat neglected tropical diseases". World Health Organization. WHO. 3 February 2012. Retrieved 6 April 2014. 
  61. ^ Sarah Boseley (30 January 2012). "Drug companies join forces to combat deadliest tropical diseases". The Guardian. Retrieved 6 April 2014. 
  62. ^ Sarah Boseley (4 April 2014). "Bill Gates: world must step up fight against neglected tropical diseases". The Guardian. Retrieved 6 April 2014. 
  63. ^ a b c Bill & Melinda Gates Foundation. (2014). “What We Do: Global Libraries Strategy Overview.” The Bill & Melinda Gates Foundation. Retrieved from http://www.gatesfoundation.org/What-We-Do/Global-Development/Global-Libraries
  64. ^ a b Tom Vander Ark, The Case for Smaller Schools; Vol 59, No. 5 January 2002, pg 55-59
  65. ^ [5], Cornell's new Gates Hall is not what it seems
  66. ^ [6], cmu.edu
  67. ^ http://gateshillman.blog.cs.cmu.edu/?p=122
  68. ^ Bill Gates Gives $122M for D.C. Scholarships.. March 23, 2007.
  69. ^ gates.scholarships.cam.ac.uk
  70. ^ [7], gmsp.org
  71. ^ Billionaires Start $60 Million Schools Effort
  72. ^ Gates Foundation Announces Grant To Teaching Channel
  73. ^ Teaching Channel Community
  74. ^ Educate Texas
  75. ^ scholarship program, Duke University
  76. ^ Gates Public Service Law | UW School of Law - Public Service
  77. ^ New Computer Science Complex at The University of Texas at Austin Receives $30 Million Challenge Grant from Bill & Melinda Gates Foundation | Computer Science Department The University of Texas at Austin. Cs.utexas.edu (2009-04-17). Retrieved on 2013-09-04.
  78. ^ Institute Hails $9.3 Million Grant from Gates Foundation
  79. ^ "Gates cheers on computer museum". BBC News. 2005-10-17. Retrieved 2007-10-24. 
  80. ^ Gates Foundation Announces That It Doesn't Plan to Operate Forever
  81. ^ About the Bill & Melinda Gates Foundation Trust
  82. ^ Interview with Bill Gates September 21, 2013 (Video 33:52)
  83. ^ a b Announcements - Bill & Melinda Gates Foundation
  84. ^ a b The Chronicle, 11/29/2006: Gates Foundation Announces That It Doesn't Plan to Operate Forever
  85. ^ Gates foundation to spend all assets within 50 years of trustees' deaths
  86. ^ Gates Foundation Sets Its Lifespan
  87. ^ Report: Gates Foundation Causing Harm With the Same Money It Uses To Do Good, Democracy Now!, January 09, 2007
  88. ^ Dark cloud over good works of Gates Foundation, Los Angeles Times, January 7, 2007
  89. ^ Gates Foundation to review investments, The Seattle Times, January 10, 2007
  90. ^ [Gates Foundation to maintain its investment plan], The Austin Statesman, January 14, 2007
  91. ^ The Challenge of Global Health Foreign Affairs, January/February 2007
  92. ^ a b c Piller, Charles; Smith, Doug (2007-12-16). "Unintended victims of Gates Foundation generosity". Los Angeles Times. 
  93. ^ Barkan, Joanne (Winter 2011). "Got Dough? How Billionaires Rule Our Schools.". Archived from the original on 9 February 2011. Retrieved 2011-02-08. 
  94. ^ Diane Ravitch. The Death and Life of the Great American School System: Basic Books, 2010.
  95. ^ Philip E. Kovacs. The Gates Foundation and the Future of U.S. "Public" Schools. Routledge, 2011.
  96. ^ Improving our Work with You: A Progress Report - Bill & Melinda Gates Foundation. Gatesfoundation.org (2012-09-06). Retrieved on 2013-07-18.
  97. ^ Gates Foundation's Spotlight page on SoundCloud - Hear the world’s sounds. Soundcloud.com. Retrieved on 2013-07-18.
  98. ^ a b Melinda Gates (2014-06-02). "Reflections on My Recent Travels". Bill & Melinda Gates Foundation. Retrieved 2014-06-15. 
  99. ^ "Bill and Melinda Gates Foundation says it will no longer fund abortion". Breitbart. 2014-06-12. Retrieved 2014-06-16. 
  100. ^ Bill and Melinda Gates Foundation
  101. ^ Gates Foundation to get Indira Gandhi peace prize

External links[edit]

Coordinates: 47°37′25″N 122°20′44″W / 47.62361°N 122.34556°W / 47.62361; -122.34556