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Bill And Melinda Gates Foundation

All articles tagged with #bill and melinda gates foundation

philanthropy1 year ago

Melinda French Gates Pledges $1 Billion to Women's Rights Initiatives

Melinda French Gates announced she will donate $1 billion over the next two years to support women's and family rights globally, including reproductive rights. This decision follows her recent departure from the Bill and Melinda Gates Foundation and is motivated by issues such as the racial gap in women's mortality rates and increasing political violence against women. The donation includes $200 million for organizations advancing women's rights and $240 million in partnerships with global leaders to improve women's health.

via NPR|
#bill-and-melinda-gates-foundation#melinda-french-gates#philanthropy
health-and-medicine1 year ago

"Final Stage Trial of Gates-Backed TB Vaccine Underway in South Africa"

The Bill & Melinda Gates Medical Research Institute has launched a Phase III trial in South Africa to test an experimental tuberculosis vaccine's ability to prevent latent infections from developing into potentially deadly lung disease. The study, with an estimated cost of $550 million, is being funded by the Wellcome Trust and the Gates Foundation.

via Endpoints News|
#bill-and-melinda-gates-foundation#health-and-medicine#phase-iii-trial
philanthropy2 years ago

"Gates Foundation CEO Urges Billionaires to Ramp Up Philanthropy Amid Growing Budget"

The CEO of the Bill & Melinda Gates Foundation, Mark Suzman, is urging billionaires to give away more of their wealth to address inequality and do it soon, following the example of philanthropist Chuck Feeney. The foundation plans to increase its annual budget to $9 billion next year and is advocating for the Giving Pledge, which encourages billionaires to donate the majority of their wealth. However, challenges include the increasing concentration of wealth and the growing portion of charitable dollars going to donor-advised funds, which allow donors to delay giving to charitable causes.

via KOMO News|
#bill-and-melinda-gates-foundation#billionaires#chuck-feeney
finance2 years ago

"Bill & Melinda Gates Foundation's $39 Billion Portfolio: 86% Invested in 5 Stocks"

The Bill & Melinda Gates Foundation has 86% of its $39 billion portfolio invested in just 5 stocks, with Microsoft and Berkshire Hathaway comprising 52% of the total value. While this concentrated approach may work for the foundation, it's not a good model for most investors who should aim for diversification with at least 25 stocks to mitigate risk. However, the foundation's focus on dependable blue chip companies like Waste Management serves as a reminder of the importance of including reliable stocks in a portfolio for long-term positive returns.

via The Motley Fool|
#bill-and-melinda-gates-foundation#bill-gates#diversification
finance2 years ago

"Bill & Melinda Gates Foundation's $39 Billion Portfolio Concentrated in 5 Stocks"

The Bill & Melinda Gates Foundation has 86% of its $39 billion portfolio invested in just five stocks, including Microsoft, Berkshire Hathaway, Canadian National Railway Company, Waste Management, and Caterpillar. While this concentrated approach may not be suitable for most investors, it reflects the foundation's focus on preserving capital and investing in dependable blue chip companies. However, for individual investors, diversifying into at least 25 stocks and considering higher growth opportunities may be more appropriate.

via Yahoo Finance|
#bill-and-melinda-gates-foundation#bill-gates#diversification
global-health2 years ago

"Securing Polio Vaccinations for 370 Million Children and Boosting Health Innovation in Low-Income Countries: New Funding Announced"

The European Commission, the European Investment Bank, and the Bill & Melinda Gates Foundation have announced a new financing partnership to address global health challenges, including eradicating polio and improving access to health innovations in low-income countries. The €1.1 billion funding package aims to provide vaccinations for nearly 370 million children annually, strengthen health systems, and support the distribution of other childhood immunizations. Additionally, €500 million will be allocated to expand the innovation capacity of health systems in low- and middle-income countries. The partnership marks a significant increase in funding for global health and human development and aims to maximize the impact of every Euro committed by the EU and the European Investment Bank.

via World Health Organization|
#bill-and-melinda-gates-foundation#european-commission#european-investment-bank
philanthropy2 years ago

"Generous Foundation Boosts Reproductive Health Care with $200M Donation"

The Bill & Melinda Gates Foundation has pledged $200 million to support reproductive health care, with $100 million each going to health products manufacturer Unitaid and UNFPA, the UN agency for reproductive health. The funding will be used to improve access to health care, contraceptive supplies, and information in low- and middle-income countries. The announcement was made during the foundation's annual Goalkeepers conference, where progress towards the Sustainable Development Goals was discussed. Former President Jimmy Carter and singer Bono were recognized for their contributions to health care initiatives, while the fate of the US President's Emergency Plan for AIDS Relief remains uncertain due to demands from Republican lawmakers.

via Newser|
#bill-and-melinda-gates-foundation#goalkeepers-conference#maternal-health
fact-check2 years ago

Fact Check: Debunking Misinformation Surrounding COVID-19 Vaccines and Deaths

The Associated Press fact-checks several popular but false stories circulating on social media. The CDC did not say that vaccinated people are more at risk of a new COVID variant than the unvaccinated. President Joe Biden misspoke when he claimed to have convinced segregationist Sen. Strom Thurmond to vote for the Civil Rights Act. Claims linking a meat allergy caused by ticks to a Gates Foundation-funded program are baseless. Social media videos falsely suggest that only blue items survived the Maui wildfires, implying a directed energy weapon attack, but there is no evidence to support this claim.

via AOL|
#bill-and-melinda-gates-foundation#cdc#covid-19
health2 years ago

"Landmark Funding Secured for Final Stage Trial of Groundbreaking TB Vaccine"

The Bill and Melinda Gates Foundation and Wellcome have announced funding of $550 million for the final phase III clinical trials of a tuberculosis (TB) vaccine candidate called M72. Developed by GSK, the vaccine has shown promising results in preventing pulmonary disease in TB-infected adults. If successful, M72 would be the first new TB vaccine in a century and could save millions of lives. TB, which infected over 10 million people in 2021, is a major global health concern, particularly in low- and middle-income countries. The approval and availability of the vaccine would be a significant step towards reducing TB-related deaths and eradicating the disease.

via The Washington Post|
#bill-and-melinda-gates-foundation#clinical-trials#global-health
philanthropy2 years ago

Warren Buffett's Billion-Dollar Charitable Giving Spree Continues

Warren Buffett, the world's sixth-richest person, has donated $4.6bn of stock from Berkshire Hathaway to philanthropic causes, including $3.5bn to the Bill and Melinda Gates Foundation. Since 2006, Buffett has given away $51.5bn, making him the most generous philanthropist in America. Despite his donations, Forbes estimates his wealth at over $100bn, more than twice what it was 17 years ago, thanks to a 450% increase in Berkshire Hathaway shares. Buffett has pledged to donate nearly all of his fortune to charity and his total donations could eventually exceed $160bn.

via USA TODAY|
#berkshire-hathaway#bill-and-melinda-gates-foundation#giving-pledge
philanthropy2 years ago

Warren Buffett's philanthropy surpasses $51 billion with latest donation.

Warren Buffett donated over $3.5 billion worth of Berkshire Hathaway shares to the Bill & Melinda Gates Foundation and other charities, bringing his total charitable donations to over $50 billion. The donations included 10.45 million Class B shares to the Gates Foundation and 3.2 million shares to four other nonprofits. Buffett has already donated more than half of his Berkshire stock and plans to donate more than 99% of his estate to philanthropic causes.

via Fox Business|
#berkshire-hathaway#bill-and-melinda-gates-foundation#charitable-donations
philanthropy2 years ago

Warren Buffett's Philanthropy Surpasses $51 Billion with Latest Donations.

Warren Buffett has donated $4.64 billion of Berkshire Hathaway stock to five charities, bringing his total giving since 2006 to over $51 billion. The annual donation is Buffett's largest and includes 10.45 million shares to the Bill & Melinda Gates Foundation, 1.05 million shares to the Susan Thompson Buffett Foundation, and 2.2 million shares split evenly among charities led by his children. Buffett is gradually giving away nearly all of his fortune and has already donated more than half of his Berkshire stock. He and Bill Gates pioneered the Giving Pledge, in which more than 240 people committed at least half of their wealth to philanthropy.

via Reuters|
#berkshire-hathaway#bill-and-melinda-gates-foundation#charitable-giving
health2 years ago

Global Efforts to Boost Routine Childhood Vaccinations Amid Decline

The World Health Organization, along with the Bill & Melinda Gates Foundation and other organizations, is launching an initiative to reverse the decline in routine childhood vaccinations caused by the pandemic. The effort will focus on boosting rates in 20 countries that account for 75% of the children who missed vaccinations in 2021. According to the WHO, 25 million children under the age of 1 year did not receive basic vaccines in 2021, and global immunization coverage for children dropped to 81% that year from 86% in 2019.

via Fox News|
#bill-and-melinda-gates-foundation#childhood-vaccinations#health
health2 years ago

New oral polio vaccine linked to polio cases for the first time.

Seven children in the Democratic Republic of the Congo and Burundi have been paralyzed by viruses from a new polio vaccine, known as nOPV2, which was developed to minimize the risks associated with the oral polio vaccine. The vaccine-derived viruses have also been found in environmental samples collected from Burundi. The Global Polio Eradication Initiative, which includes partners such as the Bill and Melinda Gates Foundation and the World Health Organization, had anticipated this risk. While the new vaccine is an improvement, experts warn that the low levels of immunity to type 2 polio could amplify the problem of vaccine-derived viruses.

via STAT|
#bill-and-melinda-gates-foundation#global-polio-eradication-initiative#health