Bill and Melinda Gates Foundation, a $43.5bn trust fund devoted to the elimination of polio and malaria as well as curbing the growth of tuberculosis and HIV. It is considered the biggest philanthropic organisation worldwide.
The history of the earth’s greatest private foundation starts out when the couple reads a news article about the sicknesses and suffering present in the developing countries. The husband cut the content and made his father William H Gates, a philanthropist, read it.
That event was the first step on the way to the start of the Bill and Melinda Gates Foundation. After commencing their superb philanthropic objective back in 1997, the couple team have become a strong force for the betterment of the standard of living in the world’s poorest nations.
The foundation provides grant finances of more than $3bn each year, with a record of $3.9bn in 2014. It is concentrated on connecting the tremendous health shortage amongst rich and poor countries. Its goals also include the elimination of the diseases malaria and polio, and managing the propagation of tuberculosis and HIV.
Bill Gates is so passionate regarding the foundation that he resigned his position as chief software architect at Microsoft so that he can solely dedicate his time working on the foundation back in 2008. The foundation also gives incentives to businesses, and in its entire existence, the foundation has provided a total of $32.9bn to health programs all over the world.