Current:Home > NewsMelinda French Gates to donate $1B over next 2 years in support of women’s rights -TrueNorth Finance Path
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-16 12:10:28
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! (62)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Toyota recalls 1 million vehicles for defect that may prevent air bags from deploying
- Zac Efron Explains Why He Wore Sunglasses Indoors on Live TV
- ICHCOIN Trading Center: The Next Spring is Coming Soon
- Travis Hunter, the 2
- Homes feared destroyed by wildfire burning out of control on Australian city of Perth’s fringe
- Airman killed in Osprey crash remembered as a leader and friend to many
- Oregon's drug decriminalization law faces test amid fentanyl crisis
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Boston mayor apologizes for city's handling of 1989 murder case based on 'false, racist claim'
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Land of the free, home of the inefficient: appliance standards as culture war target
- In 2023, opioid settlement funds started being paid out. Here's how it's going
- Ash leak at Kentucky power plant sends 3 workers to hospital
- Skins Game to make return to Thanksgiving week with a modern look
- 10 American detainees released in exchange for Maduro ally in deal with Venezuela
- Bus crash kills player, assistant coach in Algerian soccer’s top league, matches postponed
- Ohio prosecutor says he’s duty bound to bring miscarriage case to a grand jury
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Maine governor tells residents to stay off the roads as some rivers continue rising after storm
Oregon's drug decriminalization law faces test amid fentanyl crisis
Ryan Gosling reimagines his ‘Barbie’ power ballad ‘I’m Just Ken’ for Christmas, shares new EP
Dick Vitale announces he is cancer free: 'Santa Claus came early'
NFL Week 16 odds: Moneylines, point spreads, over/under
10 American detainees released in exchange for Maduro ally in deal with Venezuela
Dollarizing Argentina