Current:Home > ContactMelinda French Gates to donate $1B over next 2 years in support of women’s rights -FundWay
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-19 14:42:24
Melinda French Gates says she will be donating $1 billion over the next two years to individuals and organizations working on behalf of women and families globally, including on reproductive rights in the United States.
French Gates earlier this month announced she would step down from the Bill & Melinda Gates Foundation, and vowed to focus on women and families.
French Gates, one of the biggest philanthropic supporters of gender equity in the U.S., said Tuesday in a guest essay for The New York Times that she’s been frustrated over the years by people who say it’s not the right time to talk about gender equality.
“Decades of research on economics, well-being and governance make it clear that investing in women and girls benefits everyone,” she wrote.
French Gates touched upon the high maternal mortality rates in the U.S., noting that Black and Native American mothers are at the highest risk.
“Women in 14 states have lost the right to terminate a pregnancy under almost any circumstances. We remain the only advanced economy without any form of national paid family leave. And the number of teenage girls experiencing suicidal thoughts and persistent feelings of sadness and hopelessness is at a decade high,” she said.
French Gates said over the last few weeks she’s started directing new grants through her organization, Pivotal Ventures, to groups working in the U.S. to protect women’s rights and advance their power and influence. The groups include the National Women’s Law Center, the National Domestic Workers Alliance and the Center for Reproductive Rights.
French Gates’ Pivotal Ventures is a limited liability company that also manages investments for profit ventures, so there is little public information about its grantmaking or the assets it manages. Pivotal Ventures has focused on a number of avenues to increase women’s economic and political participation and power, like closing the wage gap, compensating care work often done by women, and encouraging women to run for political office.
Looking ahead, French Gates plans to introduce a $250 million initiative in the fall that will concentrate on improving the mental and physical health of women and girls worldwide.
French Gates will be leaving the Bill & Melinda Gates Foundation next week. She helped co-found the organization nearly 25 years ago.
The Associated Press receives financial support for news coverage in Africa from the Bill & Melinda Gates Foundation and for news coverage of women in the workforce and state governments from Pivotal Ventures.
The Bill & Melinda Gates Foundation will change its name to the Gates Foundation. It is one of the largest philanthropic organizations in the world. As of December 2023, its endowment was $75.2 billion, thanks to donations from Gates and the billionaire investor Warren Buffett. While it works across many issues, global health remains its largest area of work, and most of its funding is meant to address issues internationally rather than in the U.S.
veryGood! (87)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Tesla's Cybertruck outsells Ford's F-150 Lightning in second quarter
- Home Run Derby's nail-biting finish had Teoscar Hernandez, Bobby Witt's families on edge
- Texas judge orders Uvalde school district, sheriff's office to release shooting records
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Save 62% on Kyle Richards-Approved Amazon Finds During Prime Day 2024
- Skip Bayless leaving FS1's 'Undisputed' later this summer, according to reports
- A popular tour guide’s death leads to more scrutiny of border issues
- North Carolina justices rule for restaurants in COVID
- Texas set to execute Ruben Gutierrez in retired teacher's death on Tuesday. What to know.
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- A happy retirement: Marine K-9s reunite with first handlers
- Christina Hall's Husband Josh Hall Files for Divorce After 2 Years of Marriage
- Dollar General to pay $12 million for alleged violations including blocking exits
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- RNC Day 2: Here's what to expect from the convention after Trump announced VP pick
- Save 62% on the Internet-Famous COSRX Snail Mucin Essence: Shop Now Before it Sells Out
- Candace Cameron Bure's Daughter Natasha Kisses Good Luck Charlie's Bradley Steven Perry
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Shop Amazon Prime Day's Back to School Deals: Classroom & Dorm Essentials for Every College Student
Hall of Fame RB Terrell Davis says he was placed in handcuffs on United Airlines flight
Winston, iconic gorilla among the oldest in the world, dies at San Diego Zoo Safari Park
Former longtime South Carolina congressman John Spratt dies at 82
Vermont governor urges residents to report flood damage to the state for FEMA determination
Kyle Gass, Jack Black's Tenacious D bandmate, says 'don't miss Trump next time' after assassination attempt
North Korean leader's sister hints at resuming flying trash balloons toward South Korea