Current:Home > NewsMelinda French Gates to donate $1B over next 2 years in support of women’s rights -ApexWealth
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-17 12:31:39
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! (8)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Biden backs Native American athletes' quest to field lacrosse team at 2028 Olympics
- Taylor Swift Reveals the Real Timeline of Her and Travis Kelce's Romance
- Bank of England will review the risks that AI poses to UK financial stability
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Shannen Doherty says she learned of ex's alleged affair shortly before brain tumor surgery
- Kids used sharp knives, power equipment: California poultry plant to pay $3.5M fine
- Tim Allen Accused of F--king Rude Behavior by Santa Clauses Costar Casey Wilson
- Retirement planning: 3 crucial moves everyone should make before 2025
- Golf officials to roll back ball for pros and weekend hackers alike. Not everyone is happy
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Suspended Florida prosecutor tells state Supreme Court that DeSantis exceeded his authority
- LSU's Jayden Daniels headlines the USA TODAY Sports college football All-America team
- Cleveland Guardians win 2024 MLB draft lottery despite 2% chance: See the full draft order.
- Skins Game to make return to Thanksgiving week with a modern look
- Virginia state art museum returns 44 pieces authorities determined were stolen or looted
- Guyana’s president says country is preparing to defend itself from Venezuela over disputed area
- Heavy fighting across Gaza halts most aid delivery, leaves civilians with few places to seek safety
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
This Sparkly $329 Kate Spade Bag Is Now Just $74 – And It’s The Perfect Festive Touch To Any Outfit
Slow down! As deaths and injuries mount, new calls for technology to reduce speeding
Jury acquits officer in Maryland county’s first police murder charge in shooting handcuffed man
SFO's new sensory room helps neurodivergent travelers fight flying jitters
How to keep dust mites away naturally to help ease your allergies
Kids used sharp knives, power equipment: California poultry plant to pay $3.5M fine
Biden’s campaign will not commit yet to participating in general election debates in 2024