Philanthropic Giants Bill and Melinda Gates

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, Washington, the foundation is led by CEO Jeff Raikes and Co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.

With an asset trust endowment of $33.5 billion the total grant commitments since foundation inception are $26.19 billion.

The Bill & Melinda Gates Foundation supports grantees in all 50 United States and the District of Columbia. Internationally, the foundation supports work in more than 100 countries.

The grantmaking process has four stages, each of which leads to the next in an ongoing feedback loop. Throughout this process, the foundation is continually learning by asking questions and reviewing progress.

Bill and Melinda Gates and Warren Buffett set overarching grantmaking priorities, then the three programs devise strategies to meet specific goals in these areas.

To create these strategies, the foundation has developed a set of processes that help them decide how to spend their time, effort, and money to accomplish the goals for as many people as possible. Together, these processes form a continuous cycle with four stages: develop strategy, make grants, measure progress, and adjust strategy.

If you wish to see more information about the Bill & Melinda Gates Foundation you can visit their web site at; http://www.gatesfoundation.org/Pages/home.aspx

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