Current:Home > MarketsMelinda French Gates to donate $1B over next 2 years in support of women’s rights -InfiniteWealth
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-14 11:48:24
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! (77159)
Related
- What to watch: O Jolie night
- Rebecca Kimmel’s search for her roots had an unlikely ending: Tips for other Korean adoptees
- Walz to unveil Harris’ plan for rural voters as campaign looks to cut into Trump’s edge
- Deion Sanders says Travis Hunter is coming back from injury
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Florida returning to something like normal after Hurricane Milton
- Woody Johnson sounds off on optimism for Jets, Davante Adams trade
- Columbus Blue Jackets memorialize Johnny Gaudreau, hoist '13' banner
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- T.I. Announces Retirement From Performing
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- St. Louis schools, struggling to get kids to classes, suspend bus vendor
- California Gov. Gavin Newsom signs a law aimed at preventing gas prices from spiking
- Madison LeCroy Found $49 Gucci Loafer Dupes, a Dress “Looks Flattering on Women of All Ages and More
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Farm recalls enoki mushrooms sold nationwide due to possible listeria contamination
- Walgreens to close 1,200 unprofitable stores across US as part of 'turnaround'
- Why Nina Dobrev’s Ex Austin Stowell Jokes He’s Dating “300 People”
Recommendation
Intel's stock did something it hasn't done since 2022
Is Capital One Financial stock a buy before Oct. 24?
Will Cowboys fire Mike McCarthy? Jerry Jones blasts 'hypothetical' after brutal loss
Why Nina Dobrev’s Ex Austin Stowell Jokes He’s Dating “300 People”
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Mountain West adds Hawaii as full-time member, bringing conference to NCAA minimum of 8
Simu Liu Calls Out Boba Tea Company Over Cultural Appropriation Concerns
Real Housewives of Orange County's Tamra Judge Shares She’s on Autism Spectrum