Current:Home > ContactMelinda French Gates to donate $1B over next 2 years in support of women’s rights -SecureNest Finance
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-15 18:19:16
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 $75.2 billion, thanks to donations from Gates and the billionaire investor Warren Buffett. While it works across many issues, global health remains its largest area of work, and most of its funding is meant to address issues internationally rather than in the U.S.
veryGood! (424)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- A$AP Rocky Shares Rare Photos of Him and Rihanna With Their Kids for Son RZA’s Birthday
- Howard University cancels nurses' graduation mid-ceremony after door is smashed
- Ippei Mizuhara, ex-interpreter for MLB star Shohei Ohtani, likely to plead not guilty as a formality
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Nearly 50 homes in Kalamazoo County were destroyed by heavy storms last week
- Wildfire in Canada forces thousands to evacuate as smoke causes dangerous air quality
- Diver exploring World War II-era shipwreck off Florida goes missing
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- North Carolina congressional runoff highlights Trump’s influence in GOP politics
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- How a group of veterans helped a U.S. service member's mother get out of war-torn Gaza
- Caitlin Clark's WNBA regular-season debut has arrived. Here's how to take it all in.
- Horoscopes Today, May 12, 2024
- Senate begins final push to expand Social Security benefits for millions of people
- Florida family’s 911 call to help loved one ends in death after police breach safety protocols
- Harry Dunn, former US Capitol police officer, running in competitive Maryland congressional primary
- Former West Virginia health official gets probation in COVID-19 payment investigation
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
David Sanborn, saxophonist who played with David Bowie, dies at 78 from prostate cancer
Kelly Clarkson Addresses Ozempic Rumors After Losing Weight
LA County puts 66 probation officers on leave for misconduct including sexual abuse, excessive force
At site of suspected mass killings, Syrians recall horrors, hope for answers
Investigators continue search for the hit-and-run boater who killed a 15-year-old girl in Florida
OpenAI launches GPTo, improving ChatGPT’s text, visual and audio capabilities
Caitlin Clark's WNBA regular-season debut has arrived. Here's how to take it all in.