Easily clip, save and share what you find with family and friends. Easily download and save what you find. How Much More Interest Will Maria Receive If She Invests Foundation’, is a private foundation founded by Bill and Melinda Gates. 7 billion as of December 31, 2017. In 1994, the foundation was formed as the William H.
In 2005, Bill and Melinda Gates, along with the musician Bono, were named by Time as Persons of the Year 2005 for their outstanding charitable work. In April 2010, Gates was invited to visit and speak at the Massachusetts Institute of Technology where he asked the students to take on the hard problems of the world in their futures. He also explained the nature and philosophy of his philanthropic endeavors. In 2010, the foundation’s founders started the Commission on Education of Health Professionals for the 21st Century, entitled “Transforming education to strengthen health systems in an interdependent world. In 2013, Hillary Clinton launched a partnership between the foundation and the Clinton Foundation to gather and study data on the progress of women and girls around the world since the 1995 United Nations Fourth World Conference On Women in Beijing. Melinda Gates Foundation must donate funds equal to at least 5 percent of its assets each year. The foundation maintains an online database of grants on its website which includes for each grant the name of the grantee organization, the purpose of the grant and the amount.
The Gates Foundation announced in October 2013 that it would join the IATI. The foundation section, based in Seattle, US, “focuses on improving health and alleviating extreme poverty”, and its trustees are Bill and Melinda Gates and Warren Buffett. The foundation posts its audited financial statements and 990-PF forms on the “Financials” section of its website as they become available. 10,810,000 at the end of 2011. This section needs additional citations for verification. Christopher Elias leads the foundation’s efforts to combat extreme poverty through grants as president of the Global Development Program. US to work in the area of sex trafficking.
The IJM used the grant money to found “Project Lantern” and established an office in the Philippines city of Cebu. In October 2000, William Gates established the Gates Cambridge Scholarships which allow students and scholars from the U. Cambridge University, one of the top universities in the world. 5 million grant allows Financial Access Initiative to conduct field research and answer important questions about microfinance and financial access in impoverished countries around the world. 1 million grant to Pro Mujer—a microfinance network in Latin America combining financial services with healthcare for the poorest women entrepreneurs—will be used to research new opportunities for the poorest segment of the Latin American microfinance market. 5 million grant allows Grameen Foundation to approve more microloans that support Grameen’s goal of helping five million additional families, and successfully freeing 50 percent of those families from poverty within five years. 9 million to the International Rice Research Institute.
The goal of the aid was to support the increasing world demand for rice. The “sanitation value chain” used by the Gates Foundation to illustrate their approach to sanitation, showing collection, transport, treatment and reuse. Melinda Gates Foundation was launched in mid-2005 as a “Learning Initiative”, and became a full-fledged program under the Global Development Division in early 2010. In mid 2011, the Foundation announced in its new “Water, Sanitation, Hygiene Strategy Overview” that its funding now focuses primarily on sanitation, particularly in sub-Saharan Africa and South Asia, because access to improved sanitation is lowest in those regions. 265 million to the water, sanitation, and hygiene sector over the past five years, i.
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650 million, according to the publicly available grant database. In 2011, the foundation launched a program called “Reinvent the Toilet Challenge” with the aim to promote the development of innovations in toilet design to benefit the 2. 5 billion people that do not have access to safe and effective sanitation. This program has generated significant interest of the mainstream media.
Since the launch of the “Reinvent the Toilet Challenge”, more than a dozen research teams, mainly at universities in the U. Europe, India, China and South Africa, have received grants to develop innovative on-site and off-site waste treatment solutions for the urban poor. The “Reinvent the Toilet Challenge” is focused on “reinventing the flush toilet”. High-tech toilets for tackling the growing public health problem of human waste are gaining increasing attention, but this focus on a “technology fix” has also been criticized by many in the sector. However, low-tech solutions may be more practical in poor countries, and research is also funded by the foundation for such toilets. The Reinvent the Toilet Challenge is a long-term research and development effort to develop a hygienic, stand-alone toilet.
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About 200 sanitation projects in many different countries and at various scales – some with a technology focus, some with a focus on market development or policy and advocacy, have received funding by the foundation since 2008. 6 million in 2014 to act as a hub for sanitation researchers and product developers. One example of an Omni-Processor is a combustion based system designed to turn fecal sludge into energy and drinking water. The development of this particular prototype by U.