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NEWS ABOUT: Bill and Melinda Gates Foundation

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Bill Gates' AIDS Program Saved 100K Indians: Study

Researchers conclude that prevention works

(Newser) - The Bill and Melinda Gates Foundation’s $258 million AIDS prevention program in India has prevented more than 100,000 people from becoming infected, according to a study published today in the Lancet , which concludes that prevention programs targeted at high-risk populations can be effective. The initiative, dubbed Avahan, focuses... More »

Bill Gates Even Gave Away Richest-Guy Title

'Forbes' list wouldn't be a contest if he hadn't discovered philanthropy

(Newser) - Forbes will unveil its 2011 billionaires list tomorrow, and Bill Gates will certainly make an appearance, reports Reuters . But it turns out the longtime richest guy in the world fell to No. 2 last year not because of Microsoft's waning fortunes, but because he literally gave away the title. "... More »

Billionaires' 'Giving Pledge' Not Good Enough

But here's a way to fix it

(Newser) - A bunch of billionaires have signed up for Warren Buffett and Bill Gates’ “ Giving Pledge ,” promising to give away half or more of their money to charity. Sounds great, right? Not to Ron Rosenbaum of Slate . “I think I can speak for the rest of the world... More »

34 US Billionaires Pledge Half Their Money to Charity

Michael Bloomberg, Barry Diller, Larry Ellison among them

(Newser) - Bill Gates and Warren Buffett have convinced 34 more billionaires to sign onto their “Giving Pledge” initiative , promising to give away at least half their money to charity. The list includes the likes of Michael Bloomberg, Ted Turner, Barry Diller, Larry Ellison, and T. Boone Pickens, Reuters reports. “... More »

Paul Allen Will Give Away Billions

Microsoft co-founder commits most of his fortune to philanthropy

(Newser) - Looks as though Bill Gates' billionaire challenge is paying off: Microsoft co-founder Paul Allen has pledged to give away most of his $13 billion fortune. He made the vow public a month after Bill and Melinda Gates and Warren Buffett urged the world's richest to give away at least half... More »

Gates, Buffett to Super Rich: Give Half of It Away

Details of the secret billionaires meeting revealed

(Newser) - Remember that super-secret meeting of the world’s richest people? Well, the contents of that meeting have finally been revealed, in a new Fortune article that pulls back the curtain on probably the biggest charity drive of all time. The meeting was the brainchild of Bill Gates and Warren Buffett,... More »

America's Top Philanthropists

Annual list tracks most generous of 2009; Bill and Melinda Gates are 3rd

(Newser) - The recession took a bite out of charitable giving last year, but some very wealthy, very generous people kept their checkbooks open. Slate delivers its annual list of the 60 biggest donors in the country, who together came up with $4.2 billion in new commitments to charity last year.... More »

Bill Gates Pledges $10B for Vaccines

Largest charitable donation ever aims to save 8M children's lives

(Newser) - Bill Gates upped the ante for charitable giving again today, pledging $10 billion dollars for the development of vaccines over the next decade. The semi-retired Microsoft founder aims to save the lives of as many as 8 million children under the age of 5 in the world's poorest countries, reports... More »

Giving Away Billions Feels Great: Gates

Microsoft founder touts philan-therapy for world's rich

(Newser) - Bill Gates is touting the feel-good benefits of giving away money, telling a crowd in Oslo that “all billionaires should give away the vast majority of their fortunes.” Leave enough for the kids, he says, but, “I’m a great believer that great wealth should go from... More »

The Most Creative Minds in Business

(Newser) - Creativity is a tough thing to put your finger on, but Fast Company takes a shot at picking world’s top 100 business innovators. The first five:
  • Jonathan Ive: Apple’s design chief—responsible for the iPhone, iPod, MacBook, and iMac—ushered in an era of “design perfection” that
... More »

Bill Gates Senior: Bill Junior Was a Brat

Bill Sr. recounts raising his 'smart-ass' son

(Newser) - Bill Gates stopped being a kid right about age 11, his father tells Wall Street Journal. And then he turned into a royal pain, at least for a while. In the most famous bit of family lore, Bill Gates Sr. says he had to chuck a glass of cold water... More »

Gates Lets Mosquitoes Fly at Audience

Stunt underscores malaria threat shouldn't be for 'only poor people'

(Newser) - Bill Gates had the audience buzzing yesterday as he released a jar of mosquitoes at the TED2009 conference in California during a presentation on eradicating malaria, reports MSNBC. The bugs were not carrying the disease. "Not only poor people should experience this," Gates explained, according to a witness... More »

Watershed Vaccine May End Malaria Toll

If trials work as expected, shots could save millions of children

(Newser) - Scientists have developed a promising vaccine against malaria, a devastating disease that kills a milion people a year, most of them young children. Trials of the breakthrough vaccine enter the final phase next year and it could be widely available by 2012, reports the Los Angeles Times. Successful trials have... More »

Big Players Reel in Charity Spending

Drop-off in corporate giving leaves groups scrambling

(Newser) - Charities used to getting much of their money from major corporations and private foundations are feeling the economic downturn, the Wall Street Journal reports. Bill Gates’ foundation plans to give fewer grants next year, and other large donors are honoring existing pledges but refusing to make new ones. “You... More »

Nonprofit Workers Favor Dems

Charity employees are more likely to donate money to the left side of the aisle, study finds

(Newser) - People in the charitable world lean heavily Democrat and love Barack Obama, but try to keep their affiliation low-key to avoid insulting the other side, the Chronicle of Philanthropy reports. A new study shows that 88% of foundation worker donations went to Dems, enriching Obama's effort by $399,000 and... More »

Gates Gambles Big on Bold Medical Probes

$10M in public-health grants eschew peer review for innovation

(Newser) - The Gates Foundation has awarded more than $10 million to medical researchers with quirky ideas that might not be funded otherwise, the Washington Post reports. The initiative, dubbed Grand Challenges Explorations, offered a simple 2-page application and vetting by entrepreneurs, not medical professionals. “Peer review—by definition almost—excludes... More »

Malaria Fight Gets $3B Booster Shot

Initiative will focus on Africa, stress the need for persistence

(Newser) - The global fight against malaria will get an unprecedented $3 billion push from a global alliance of nonprofits, financial institutions, and governments, the Wall Street Journal reports, with a focus on prolonging the effort beyond initial successes. The Global Malaria Action Plan aims for multibillion-dollar yearly funding through 2020, and... More »

Gates Tops Rich List With $57B

Leads Forbes ranking for 15th year

(Newser) - Microsoft founder Bill Gates leads the latest Forbes list of America's richest people with a fortune estimated to be $57 billion. It's the 15th year in a row that the visionary behind the computer revolution has topped the ratings. But the rich are not getting richer, Forbes reveals. Several fortunes... More »

'Saving' Public Schools Not a Money Thing

Better education can't be legislated, or bought—parents have to make the effort

(Newser) - As dissatisfaction with the nation’s No Child Left Behind policy grows, it seems educators, politicians, and businessmen all have their own take on how to “save” the US public school system—with little consensus. Gary Stager, in Good, examines the overwhelmingly complex difficulties facing the nation’s ailing... More »

Microsoft Without Bill Gates? His Final Week Begins

The 52-year-old has slowly backed away from the software company's operations

(Newser) - This will be Bill Gates’ last Monday at Microsoft, the company that the 52-year-old founded with business partner Paul Allen as a teenager. He’s retiring Friday from Microsoft’s day-to-day business and beginning full-time work with his $37.3 billion philanthropic organization, the Bill & Melinda Gates Foundation. He's... More »

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