The Bill & Melinda Gates Foundation is the largest private foundation in the world, founded by Bill and Melinda Gates to enhance global healthcare and reduce extreme poverty. The Foundation focuses on improving health and providing opportunities to lift people out of hunger and poverty in developing nations. It also aims to expand education and access to technology in America. Bill Gates stepped down from his daily role at Microsoft in 2008 to devote more time to working with the Foundation, which has grown from an initial $94 million stock gift to over $2 billion in funding.
Fact Sheet: Hedge Funds Care/Help For Children 16th Annual Open Your Heart to...Mitch Ackles
HFC is an international charity supported largely by the hedge fund industry. Its sole mission is to support efforts to prevent and treat child abuse. HFC has 2 goals: to raise as much money as possible to fund the groups that address child abuse and to showcase the philanthropy of the hedge fund and finance industry. Learn more at http://www.hfc.org
A financial professional in the Kansas City area, Bradley DiTeresi serves as a partner with real estate development company Casas Hof Constructora e Immobiliaria. Outside of work, Bradley DiTeresi supports organizations such as Unbound, formerly the Christian Foundation for Children and Aging (CFCA).
Fact Sheet: Hedge Funds Care/Help For Children 16th Annual Open Your Heart to...Mitch Ackles
HFC is an international charity supported largely by the hedge fund industry. Its sole mission is to support efforts to prevent and treat child abuse. HFC has 2 goals: to raise as much money as possible to fund the groups that address child abuse and to showcase the philanthropy of the hedge fund and finance industry. Learn more at http://www.hfc.org
A financial professional in the Kansas City area, Bradley DiTeresi serves as a partner with real estate development company Casas Hof Constructora e Immobiliaria. Outside of work, Bradley DiTeresi supports organizations such as Unbound, formerly the Christian Foundation for Children and Aging (CFCA).
Evan Katz describes the main goals of Hedge Funds Care, incorporating information about their philanthropy dedicated to raising awareness about child abuse.
3. About the founders
• Gates married Melinda French on January 1, 1994.
• They have three children: daughters Jennifer Katharine and Phoebe Adele and
son Rory John
• The family resides in The Gates's home, an earth-sheltered house in the side of a
hill overlooking Lake Washington in Medina.
• According to King County public records, as of 2006 the total assessed value of
the property (land and house) is $125 million, and the annual property tax is
$991,000.
• Gates is also known as an avid reader, and the ceiling of his large home library is
engraved with a quotation from The Great Gatsby. He also enjoys playing
bridge, tennis, and golf.
4. About the foundation
• The Bill & Melinda Gates Foundation is the largest transparently operated private
foundation in the world, founded by Bill and Melinda Gates.
• The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme
poverty, and in America, to expand educational opportunities and access to information
technology.
• In 2007, its founders were ranked as the second most generous philanthropists in America.
• Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In
developing countries, it focuses on improving people’s health and giving them the chance to lift
themselves out of hunger and extreme poverty
5. History and impact
• In 1994, the foundation was formed as the William H. Gates Foundation with an initial
stock gift of US$94 million.
• In 1999, the foundation was renamed the Bill & Melinda Gates Foundation. After a
merger with the Gates Learning Foundation in 2000, Gates gave an additional US$126
million.
• During the foundation's following years, funding grew to US$2 billion.
• On June 15, 2006, Gates announced his plans to transition out of a day-to-day role with
Microsoft, effective July 31, 2008, to allow him to devote more time to working with the
foundation.
• The impacts of the foundation are to globally enhance healthcare and reduce extreme
poverty. And in America, to expand educational opportunities and access to
information technology.