Science Fair Project Encyclopedia
Bill & Melinda Gates Foundation
The Bill & Melinda Gates Foundation is the world's largest charitable foundation, endowed by Bill Gates, chairman and founder of Microsoft, and his wife, Melinda Gates. It was created in January 2000 through the merger of the Gates Learning Foundation and the William H. Gates Foundation . The foundation is based in Seattle, Washington and is led by William H. Gates, Sr. (Bill Gates' father) and Patty Stonesifer.
The foundation has an endowment of approximately US$27 billion. To maintain its status as a charitable foundation, it must donate at least 5 percent of its assets each year. This amounts to over $1 billion.
1.1 The Global Alliance for Vaccines and Immunization
The foundation primarily focuses on the following areas:
The Global Alliance for Vaccines and Immunization
Related links: News item at vnunet.com
Indian Ocean Earthquake
The foundation made total grant donations of US $3 million to various charities to help with the aid effort for victims of the 2004 Indian Ocean Earthquake. These charities include:
Children's Vaccine Program
Gates Millennium Scholars
Administered by the United Negro College Fund the foundation donated $1 billion US for minority student scholarships
Official site: www.gmsp.org
Access to Learning Award
Each year an award of up to US$1 million is given to a public library or similar organization outside the United States that has an innovative program offering the public free access to information technology.
Official site: Part of CLIR.org
Gates Cambridge Scholarships
Official site: Part of the Cambridge University site
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