Source: Bill and Melinda Gates Foundation: Media Center
Take aways - Downloadable Resources: Foundation Fact Sheet Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, the foundation is led by CEO Patty Stonesifer and co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.
Grantmaking Areas - Global Development Program
- Global Health Program
- United States Program
Locations Headquarters - Seattle, Wash. East Coast Office - Washington, D.C. Avahan Initiative - Delhi, India
Leadership Bill Gates, Co-chair Melinda French Gates, Co-chair William H. Gates Sr., Co-chair Patty Stonesifer, Chief Executive Officer Allan C. Golston, President, U.S. Program Dr. Tadataka “Tachi” Yamada, President, Global Health Program Sylvia Mathews Burwell, President, Global Development Program Alex Friedman, Chief Financial Officer Connie Collingsworth, General Counsel Martha Choe, Chief Administrative Officer Heidi Sinclair, Chief Communications Officer Geoff Lamb, Managing Director of Public Policy Statistics*
Number of employees: approximately 520 Asset trust endowment: $38.7 billion** Total grant commitments since inception: $16.3 billion
Total 2007 grant payments: $2.007 billion Geographic reach The foundation supports grantees in all 50 states and the District of Columbia. Internationally, we support work in more than 100 countries.
Illustrative Grant Commitments
- United Negro College Fund, Gates Millennium Scholars Program - $1.58 billion
- The GAVI Alliance - $1.5 billion
- Malaria Vaccine Initiative - $258 million
- Save the Children, Saving Newborn Lives - $110 million
- United Way of King County, Seattle, WA, - $55 million
- Chicago Public Schools, Curriculum support - $21 million
- National Council of Culture & Arts, Mexico Library Project - $11.7 million
- Public Access Computing Hardware Upgrade Program, Multiple library systems - $5.3 million
* As of December 31, 2007 ** Endowment includes $1.6 billion from the first installment of the gift from Warren Buffett recorded August 24, 2006 and the second installment of $1.76 billion recorded on July 11, 2007.
References:
Bill and Melinda Gates Foundation: Media Center (2008). Retrieved March 1, 2008 from, http://www.gatesfoundation.org/default.htm
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