Current:Home > reviewsMelinda French Gates to donate $1B over next 2 years in support of women’s rights -ValueMetric
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-14 16:44:59
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! (763)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- A list of mass killings in the United States this year
- Florida in 50 Years: Study Says Land Conservation Can Buffer Destructive Force of Climate Change
- Dan Schneider Sues Quiet on Set Producers for Allegedly Portraying Him as Child Sexual Abuser
- Bodycam footage shows high
- Celtics beating depleted Heat is nothing to celebrate. This team has a lot more to accomplish.
- Consumer groups push Congress to uphold automatic refunds for airline passengers
- Dan Schneider Sues Quiet on Set Producers for Allegedly Portraying Him as Child Sexual Abuser
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Murder suspect accused of eating part of victim's face after homicide near Las Vegas Strip
Ranking
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Caitlin Clark, Maya Moore and a 10-second interaction that changed Clark's life
- Why Jason Priestley Left Hollywood for a Life in Nashville
- Alex Pietrangelo's bad penalty proves costly as Stars beat Golden Knights in Game 5
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Maria Georgas reveals she 'had to decline' becoming the next 'Bachelorette' lead
- Police sweep onto UCLA campus, remove pro-Palestinian encampment: Live updates
- A man is charged with causing a car crash that killed an on-duty Tucson police officer in March
Recommendation
Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
Richard Tandy, longtime Electric Light Orchestra keyboardist, dies at 76
After Maui, Hawaii lawmakers budget funds for firefighting equipment and a state fire marshal
Colleen Hoover's Verity Book Becoming a Movie After It Ends With Us
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Lightning coach Jon Cooper apologizes for 'skirts' comment after loss to Panthers
NFL draft's 15 biggest instant-impact rookies in 2024: Can anyone catch Caleb Williams?
Duane Eddy, twangy guitar hero of early rock, dead at age 86