The Gates Foundation’s first 25 years: How it changed global health and philanthropy
- In 2000, two family foundations supported by Gates and Buffett combined in Seattle to create what would become a leading global philanthropic organization focused on health and development.
- Bill and Melinda Gates, little experienced in global health, were motivated by stories about children dying from preventable diseases caused by poor sanitation.
- Over its first 25 years, the foundation invested $100 billion, dedicating roughly half of that amount to improving global health by playing a key role in creating major initiatives such as the vaccine alliance Gavi and the Global Fund, which support vaccination efforts and disease treatment worldwide.
- Mark Suzman, CEO since 2020, credits close supervision and data-driven oversight for success while critics question its influence and focus on limited interventions.
- Gates has committed to donating 99% of his $107 billion fortune by 2045, when the foundation plans to wind down its operations, with a focus on lowering child mortality despite obstacles such as reductions in aid and geopolitical instability.
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Melinda French Gates reflects on Gates Foundation legacy
Good morning! Bumble makes new hires before a tough earnings, Penny Pritzker gets swept up in Harvard-Trump drama, and Fortune’s Alexa Mikhail talks to Melinda French Gates about gigantic news from the Gates Foundation. - 20-year plan. For the last several months, I’ve been working alongside Fortune Senior Editor at Large Geoff Colvin on a feature package about the 25th anniversary of the Gates Foundation. We exclusively reported this morning th…
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The Gates Foundation’s first 25 years: How it changed global health and philanthropy
In its first 25 years, the Gates Foundation became one of the world’s largest charitable foundations and one of the most powerful institutions in global health.
·United States
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