Bill and Melinda Gates Foundation

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Bill and Melinda Gates Foundation

• By Rebecca Velligas

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Who?

• Bill Gates Chairman and Chief Software
  Architect of Microsoft Corporation
  
• Melinda Gates wife of Bill Gates
• William H. Gates Sr. father of Bill Gates

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Background

• Started in 1994 and originally managed by William
  H. Gates Sr. with an initial starting value of
  94 million
  
• In 1997, Melinda and Bill gates launched the
  Gates Library Foundation, but the William H.
  Gates Foundation continued as a separate entity
  
• Patty Stonesifer takes on the leadership of the
  William H. Gates Foundation (Former Microsoft
  Executive)
  
• In 1999, the William H. Gates Foundation was
  renamed the Bill and Melinda Gates Foundation
  

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Background (continued)

• The foundation has to move from William H. Gates
  Sr.s basement to a new location in Seattle
  
• The Bill and Melinda Gates Foundation merges with
  the Gates Learning Foundation in 2000
  
• In 2005, the mayor of Seattle and CEO of the
  foundation, Patty Stonesifer announce the plans
  to move the foundation to a new place in the
  winter of 2010
• Foundation is reorganized into three major
  categories Global Health, Global Development,
  and United States in 2006

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Global Development Program

• Committed to helping hundreds of millions of
  families in the developing world
  
• This program hopes to get people out of extreme
  poverty and hunger within the next 10 to 15
  years
  
• Support efforts to improve crop production and
  access to markets
  
• Provide financial services to the poor
• Support public access to computing worldwide

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Global Health Program

• Mission is to encourage the development of
  lifesaving medical advances and to help people
  that are constantly affected
  
• Funding is focused in two main areas
• Access to existing vaccines, drugs, and other
  tools to fight diseases common in developing
  countries
  
• Research to develop health solutions that are
  effective, affordable, and practical
  

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U.S. Program

• The mission of this program has three specific
  goals
  
• To significantly increase the number of students
  who graduate from high school with the skills
  needed to succeed in college and work
  
• To improve the lives of at-risk children, youth,
  and families in Washington state and Greater
  Portland, Oregon
  
• To expand access to information through
  technology in public libraries that serve
  low-income and disadvantaged communities

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U.S. Program (continued)

• This program has scholarships to help fulfill
  students potential
  
• D.C. Achievers Scholarship provides college
  scholarships to select students in six Washington
  D.C. high schools
  
• Gates Cambridge Scholarship creating a network
  of international leaders to address issues of
  equality in health, technology, and learning
  
• Gates Millennium Scholarship provides tuition
  funding for outstanding low-income minority
  students
  

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U.S. Program (continued)

• Scholarships (continued)
• Gates Public Service Law Scholarship funds the
  education of students who pursue careers in
  public service law
  
• Washington State Achievers Scholarship
  encourages schools to create cultures of high
  academic achievement while providing scholarship
  support to select college-bound students.

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For Grant Seekers

• The foundation does not award grants to
  individuals
  
• In deciding which organizations to invest in,
  they look for projects that
  
• Help reduce inequities in neglected areas
• Produce measurable results
• Catalyze increased momentum, scale, and
  sustainability of change
  
• Collaborate with government, philanthropic,
  private-sector, and not-for-profit partners
  
• Favor preventative approaches
• Leverage support from other sources
• Advance our current strategies, accelerating the
  work we are already supporting

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Summary

• Foundation has three separate programs Global
  Health, Global Development, and United States
  
• Foundation does not award grants to individuals,
  they award scholarships
  
• If you want to apply for a grant for your school,
  make sure that the project fits their
  requirements
  
• If you want to apply for a scholarship, you have
  to fit their requirementsand its really
  competitive

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Works Cited

• Bill and Melinda Gates Foundation. Bill and
  Melinda Gates Foundation. 2007. 25 Apr. 2007
  .