Gates Foundation
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The Gates Foundation, an American private philanthropy launched in 2000 by Bill Gates and Melinda French Gates and based in Seattle, is the world's third-wealthiest charitable foundation, holding $91 billion in assets as of December 2025. Its primary goals are to enhance global healthcare, reduce extreme poverty, and expand educational opportunities and access to information technology in the U.S., positioning it as a leader in venture philanthropy. Key figures include CEO Mark Suzman and Warren Buffett, who resigned as a trustee in 2021 and ended his partnership in 2026, while the founders were named Time's Persons of the Year in 2005 alongside Bono and had donated around $36 billion by 2018. Originating as the William H. Gates Foundation in 1994, it has endowed initiatives like the Gates Cambridge Scholarships, and Bill Gates stepped back from Microsoft in 2008 to focus on the foundation. Its $500 million, LEED Platinum-certified headquarters in Seattle opened in June 2011, featuring a living roof and the "Impatient Optimist" sculpture, and a 2011 survey prompted the foundation to improve communication and transparency with its grantees. The foundation continues to expand its global reach, announcing new partnerships in 2013 and remaining a major force in modern philanthropy.
Source: Gates Foundation — Wikipedia · Summary by RollWiki AI · Language: English