Foundation councilor despite divorce, co-chaired by Bill & Melinda Gates


As a philanthropist, Bill & Melinda Gates has transformed the world’s fight against poverty, inequality and illness for over 20 years, leveraging its immense wealth and influence to shape policies, global health, agricultural development, We have promoted gender equality and innovation in American education.

Today, the imminent divorce of one of the world’s most well-known couples casts doubt on the future of the Bill & Melinda Gates Foundation, the philanthropy they lead together. Gates filed a petition for divorce in King County, Washington on Monday, calling his marriage “irreparably broken” and calling on the court to resolve it.

The Gates Foundation is one of the wealthiest philanthropic activities in the world, making $ 49.8 billion in donations in its latest year, 2019. According to the Foundation, the Gates donated $ 36.8 billion to the organization between 1994 and 2020.

Gates and Gates said in a statement posted simultaneously on their Twitter account on Monday that they would continue to work with their foundation. “We continue to share our beliefs in that mission,” they said.

A Foundation spokesman said no changes were planned to their roles or organizations. The couple will continue to be co-chairs and councilors of the Foundation and will work together to shape and approve their strategy and overall direction, the spokesman said.

Gates and Gates have been co-chairing the Foundation since its inception in 2000, equivalent to the office on the 6th floor of the headquarters on the building and courtyard campus near the Space Needle in downtown Seattle. I am a partner. Environmentally friendly design supervised by Gates.

Bill & Melinda Gates has been co-chairing the Foundation since 2000, promoting new models of philanthropy around the world.

Photo:
ludovic marin / Agence France-Presse / Getty Images

Together, the couple advanced a new model of philanthropy. The Foundation has invested in biomedical innovation, bringing together public and private organizations to develop new ways to develop disease control tools and deliver them to low-income countries. The Gates couple used their wealth and height to get the government and other wealthy donors to participate in these efforts and expand their reach.

Their business has also been criticized by some public health and development experts, who state that private property should not play such an influential role in public health. “We haven’t made a decision at the end of the day,” Gates said last year while the Foundation invested and advocated.

The Gates Foundation plays a major role in global health, and any change can affect efforts to address specific illnesses and causes around the world. “The big question that will arise in the future is … will we change some of our long-term plans for how much we can fund different projects?” Expert Jeremy Ude said.

Stephen Morrison, director of the Center for Strategic and International Studies’ Global Health Policy Center and a grant from the Gates Foundation, said: “They have been very successful in their work and are very influential, so they have every motivation to continue working that way,” he said.

Each has its own area of ​​interest while the couple are developing strategies together. Gates is committed to biomedical advances such as vaccines, and Gates emphasizes broader issues such as women’s empowerment, people who work with them say. For example, polio eradication is a major focus for Gates, who has made gender equality a Foundation priority, leading global efforts to improve family planning and empower women in low-income countries. I am.

“They sorted things in a particular way so that their expertise, leadership, and investment were in line with each other,” Morrison said. “The division of their marriage does not lead to the division of the Foundation. The work of the Foundation is already somewhat partitioned around them.”

The scale of the Foundation’s future donations is from Gates and Gates, and Warren Buffett, the third trustee who has made donations since 2006 and promised to retain most of the property from the Foundation. It depends on the donation. The Gates promised to donate most of their property to charity before they died or at their will.

The Gates are also investing in social purposes outside the Foundation through companies they operate independently. Gates has invested in technology to address climate change, Alzheimer’s disease research, and other issues. Through her company, Pivotal Ventures, Gates focuses on promoting issues affecting women and families in the United States, including paid leave policies, acquiring women in technology and running for public office.

Write to betsy.mckay + 1 @ wsj.com’s Betsy McKay

Copyright © 2020 DowJones & Company, Inc. all rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Foundation councilor despite divorce, co-chaired by Bill & Melinda Gates

Source link Foundation councilor despite divorce, co-chaired by Bill & Melinda Gates



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *