Companies

Gates Foundation

Private philanthropic foundation focused on global health, development and education, formerly the Bill & Melinda Gates Foundation.

PhilanthropyGlobal healthDevelopmentEducation

ActiveSource [3]Source [4]Last verified Oct 2, 2026

About Gates Foundation

The Gates Foundation is a private foundation that makes grants in global health, global development, gender equality, global growth and opportunity, global policy and advocacy, and United States programs. It is headquartered in Seattle with regional offices in cities including Washington DC, Delhi, Beijing, London, Nairobi and Johannesburg.Source [6]

Bill Gates and Melinda French Gates established it in 2000 as the Bill & Melinda Gates Foundation. After Melinda French Gates left in June 2024, Bill Gates became sole chair and the name changed to the Gates Foundation.Source [1]Source [5]Source [4]

It paid $8.47 billion in charitable support in 2025 and had paid $90.0 billion in grants since inception through the end of 2025. Its endowment was $92 billion (unaudited) as of June 30, 2026.Source [6]

In May 2025 it said it would spend more than $200 billion over 20 years, including Bill Gates's future contributions, and close on December 31, 2045.Source [3]Source [2]

Watch

Inspiring Progress: Gates Foundation at 25 by Gates Foundation on YouTube

What happened

Established in 2000 by Bill Gates and Melinda French Gates, who co-chaired it until 2024. After her last day on June 7, 2024, Bill Gates became sole chair and the organization changed its name from the Bill & Melinda Gates Foundation to the Gates Foundation. On May 8, 2025 it announced it would spend more than $200 billion over 20 years and close permanently on December 31, 2045.Source [4]Source [5]Source [3]Source [2]

Timeline

  1. 2025-05-08Announced it would spend more than $200 billion over 20 years and close on December 31, 2045.Source [3]Source [2]
  2. 2024-06Melinda French Gates left as co-chair; Bill Gates became sole chair and the name changed to the Gates Foundation.Source [5]
  3. 2016-11Founders named recipients of the Presidential Medal of Freedom, citing the foundation's work.Source [1]
  4. 2000Established by Bill Gates and Melinda French Gates as the Bill & Melinda Gates Foundation.Source [1]Source [2]

Products and brands

  • Global Health: Program division focused on global health.Source [6]
  • Global Development: Program division focused on development.Source [6]
  • Gender Equality: Program division focused on gender equality.Source [6]
  • Global Growth & Opportunity: Program division focused on economic growth and opportunity.Source [6]
  • Global Policy & Advocacy: Program division focused on policy and advocacy.Source [6]
  • United States Program: Program division focused on the United States.Source [6]

How it makes money: Funds grants and charitable support from an endowment held in the Gates Foundation Trust, with Bill Gates contributing his wealth over time.Source [6]Source [3]

Leadership

Bill GatesChairSource [4]Source [5]Since 2024
Mark SuzmanCEOSource [4]Source [6]

Funding and financials

Endowment
$92 billion, unaudited (June 30, 2026)Source [6]
Charitable support
$8.47 billion (2025)Source [6]
Grant payments since inception
$90.0 billion (through Q4 2025)Source [6]

People on Founded, and where they went next

1 person on record, connected to 5 other companies.

PersonHereAlso built
Bill GatesCo-founder, Co-chair, Chair2000 to nowBreakthrough Energy2015 to nowActiveGates Ventures2008 to nowActiveTerraPower2006 to nowActiveMicrosoft1975 to 2020IPOTraf-O-DataShut down

Sources

  1. President Obama Names Recipients of the Presidential Medal of Freedom, The White House (archived), 2016-11-16. Accessed Oct 2, 2026.
  2. Bill Gates pledges remaining fortune to Gates Foundation, which will close in 2045, PBS NewsHour, 2025-05-08. Accessed Oct 2, 2026.
  3. Gates Foundation Will Double Spending Over Next 20 Years to Accelerate Progress on Saving and Improving Lives, Gates Foundation, 2025-05-08. Accessed Oct 2, 2026.
  4. Leadership, Gates Foundation. Accessed Oct 2, 2026.
  5. Statement from CEO Mark Suzman about Melinda French Gates, Gates Foundation, 2024-05-13. Accessed Oct 2, 2026.
  6. Foundation fact sheet, Gates Foundation. Accessed Oct 2, 2026.

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