Bill Gates Foundation

Bill Gates and Melinda Gates Foundation..........

Reference... http://en.wikipedia.org/wiki/Bill_&_Melinda_Gates_Foundation

General Information..


Founders......... Bill & Melinda Gates
Type................ Non-operating private foundation
Founded.......... 1994
Headquarters. Seattle, Washington
Staff................. Bill Gates, Co-founder and Co-chair Melinda French Gates , Co-founder and Co- Chair William H.Gates, Sr., Co-chair , Jeff Raikes , CEO
Area served... Global

Focus.............. Education, Healthcare, Ending poverty
Method.......... Donations and GrantsEndowment... US$ 26.1 Billion
Employees..... 733
Website......... www.gatesfoundation.org




The Bill & Melinda Gates Foundation (B&MGF) is the largest transparently operated private foundatuin in the world, founded by Bill and Melinda Gates. The foundation is "driven by the interests and passions of the Gates family". 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 andWarren Baffet. Other principal officers include Co-Chair William H Gates, Sr. and Chief Executive Officer Jeff Raikes. It has an endowment of US$35.1 billion as of October 1,2008. 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, but philanthropy is limited. In 2007 its founders were ranked as the second most generous philanthropists in America.


Guidelines..
Reference... http://www.gatesfoundation.org

The foundation is based on some guide lines that explains to others about How foundation do and what foundation do and Why foundation do.. These are 15 guide lines and click on following link to see these...

http://www.gatesfoundation.org/about/Pages/guiding-principles.aspx


Acticities of B & G Foundation..

To maintain its status as a charitable foundation, it must donate at least 5% of its assets each year. Thus the donations from the foundation each year would amount to over US$1.5 billion at a minimum.
The Foundation has been organized, as of April 2006, into four divisions, including core operations (public relations, finance and administration, human resources, etc.), under Chief Operating Officer
Cheryl Scott, and three grant-making programs:

Under a probably new program, The Bill and Melinda Gates Foundation will give hundreds of millions of dollars in the next few years to programs aimed at encouraging saving by the world's poor, the Wall Street Journal reported.

Comments

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