Current:Home > InvestMelinda French Gates to donate $1B over next 2 years in support of women’s rights -NextFrontier Finance
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-12 21:03:08
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! (9)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Tom Schwartz Breaks Silence on Tom Sandoval Scandal
- Shawn Mendes and Sabrina Carpenter Leave Miley Cyrus' Album Release Party Together
- Survivors Laud Apple's New Tool To Spot Child Sex Abuse But The Backlash Is Growing
- Small twin
- Kourtney Kardashian Claps Back at Critic Who Says She Used to Be So Classy
- U.S. balks as Russian official under international arrest warrant claims Ukrainian kids kidnapped for their safety
- Remains of Michigan airman killed in World War II's Operation Tidal Wave identified 79 years later
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Chocolate Easter bunnies made with ecstasy seized at Brussels airport: It's pure MDMA
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Your Radio, TV And Cellphone May Start Blaring Today. Do Not Be Alarmed
- There's A Way You Can Beat The Best Investors. You've Just Got To Know When To Sell
- Courteney Cox Reveals Getting Facial Fillers Are Her Biggest Beauty Regret
- A South Texas lawmaker’s 15
- French President Emmanuel Macron turns to China's Xi Jinping to push for Russia-Ukraine peace talks
- Daisy Jones and The Six: What to Watch Once You're All Caught Up
- More Than 30 States Sue Google Over 'Extravagant' Fees In Google Play Store
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Pedro Pascal, Zoë Kravitz, Olivia Wilde and More Celebrate Together at Pre-Oscars Parties
Bezos Landed, Thanked Amazon Workers And Shoppers For Paying, Gave Away $200 Million
Former U.N. Adviser Says Global Spyware Is A Threat To Democracy
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Lil Nas X's Cute Slut Moment Is Such a Vibe
The Future Of The Afghan Girls Robotics Team Is Precarious
Driver's Licenses Will Soon Be Coming To The iPhone And Apple Watch In These 8 States