Current:Home > StocksMelinda French Gates to donate $1B over next 2 years in support of women’s rights -Prime Capital Blueprint
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-14 22:21:46
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! (7)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Russia and Ukraine exchange drone attacks after European Union funding stalled
- Latino Democrats shift from quiet concern to open opposition to Biden’s concessions in border talks
- WeightWatchers launches program for users of Ozempic and other weight-loss drugs
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Families say autism therapy helped their kids. Indiana’s Medicaid cuts could put it out of reach
- Tiger Woods' 16-Year-Old Daughter Sam Serves as His Caddie at PNC Championship
- Luton captain Tom Lockyer collapses after cardiac arrest during Premier League match
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Teenager Alex Batty returns to Britain after being missing for 6 years and then turning up in France
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- NFL winners, losers of Saturday: Bengals make big move as Vikings, Steelers stumble again
- Over 60 drown in a migrant vessel off Libya while trying to reach Europe, UN says
- Dodgers, Ohtani got creative with $700 million deal, but both sides still have some risk
- Trump's 'stop
- Sisterhood of the Traveling Pants Stars Have a Full Cast Reunion That Will Lift Your Spirits
- Prosecutors say Washington state man charged in 4 murders lured victims with promise of buried gold
- Bowl game schedule today: Everything to know about the six college bowl games on Dec. 16
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Teenager Alex Batty returns to Britain after being missing for 6 years and then turning up in France
Putin supporters formally nominate him as independent candidate in Russian presidential election
Ring in 2024 With 1 of the 31 Top-Rated Amazon New Year’s Eve Outfits Under $50
Bodycam footage shows high
Melania Trump says her experience with immigration process opened my eyes to the harsh realities people face
Mayim Bialik is out as a 'Jeopardy!' host, leaving longtime champ Ken Jennings to solo
Ukrainian drone video provides a grim look at casualties as Russian troops advance toward Avdiivka