Gates Foundation confirms increase in endowment

Abstract

The Bill & Melinda Gates Foundation, a result of the consolidation of two foundations, focuses on supporting programs in global health and learning. Recent strategic gifts include MVI, the Bill and Melinda Gates Children’s Vaccine Program, Motherhood Mortality Reduction, and the International AIDS Vaccine Initiative for global health; and low-income library computer programs and grants to improve K-12 access to technology and training for learning. Co-chaired by Bill’s father, William H. Gates, Sr., and Patty Stonesifer, the Foundation’s assets reached more than $17 billion in 1999. – AI-generated abstract.