Bill and Melinda Gates Foundation
Bill Gates is best known as the founder of the company Microsoft, and for being the richest man in the world. However, many persons do not know that Bill Gates has spent the past several years of his life presiding over one the largest private philanthropic organizations in the world. The Bill and Melinda Gates Foundation is also run by his wife Melinda, who shares the name for the foundation, and by Warren Buffet who is the third richest person in the world.
This charitable organization first came into existence when Bill and Melinda Gates were on an African safari. They observed the extreme poverty of the persons who lived there, and they decided to spend their retirement helping out the world’s most poor. Since then, the couple have given away half of their fortune to charity, and have vowed to give almost all of it away by the end of their lives. This excludes a small sum of money for their children, and some have speculated that it will be less than one percent of their original fortune.
The work that this foundation in the third world has result in a large number of small infrastructure projects that are designed to bring services to the most poor, and to help combat tropical diseases. The organization has also spent billions of dollars on researching items that will be able to help these countries as they start to develop. This includes research on new kinds of fertilizers that hope to get rid of some of the environmental consequences of simply using ammonia based nitrates. It has also involved researching ways to combat diseases, and ways to use less concrete during public building. Most famously, the organization has developed a laser that can shoot mosquito out of the air. Their foundation has been so inspirational that other entrepreneurs have hoped on the bandwagon of helping out those in need. Tech and medical entrepreneur Jason hope has made a decision is his life as Melinda and Bill have. Jason has donated with the Bill and Melinda gates foundation to help build a better infrastructure in 3rd world countries such as Africa.
The Bill and Melinda Gates foundation has also done a large amount of work in the first world. This has included large donations to universities, research on agricultural techniques, and the building of a large number of libraries.
The organization releases a report every year, and Bill Gates also regularly publishes editorials on the need for more research towards development. The organization is well known for being one of the most open organizations in the world, and it is possible to look at what they are doing on a daily basis.
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