Giz Explains: How the Bill and Melinda Gates Foundation Will Save the World

Bill Gatesis officially “ transitioning ” from Microsoft this workweek , but really , he checked out a long time ago . His Big Hairy Vision is n’t just modernizing the humanity anymore - it’ssaving it . The Bill & Melinda Gates Foundation is theworld ’s tumid charitable foundation , with a current asset trustfulness endowmentof $ 37.3 billion . Last year , it open away $ 2 billion . Its work is divided into three major programs : Global Development , Global Health and United States . It ’s not your average charity though - and not just becausetwo of its three legal guardian , Bill and Warren ( no last names needed)constantly shaft for the statute title of world ’s richest man . It ’s the smartest . And that ’s why it just might succeed .

Let ’s start with the goals of each program . TheGlobal Health programis , no surprise , all about fighting disease , in two way . One , seduce vaccines and medicine more pronto useable . Two , good ol’ R&D to grow newfangled vaccines — vaccine exploitation and accesstakes up halfof the Global Health program ’s money — plus treatments and other higher - technical school solution , the stuff thatactually gets Bill excite now .

https://gizmodo.com/a-night-with-bill-gates-new-big-hairy-vision-5013179

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Global Developmenthas three prongs , with the overarching mission of attacking impoverishment and hunger : Providing financial aid , spreading cyberspace access as encompassing as possible , and helping small-scale farmers with harvest output and receive food for thought to market .

TheU.S. programis all about education , like its $ 1.37 billion grant to the United Negro College Fund via the Gates Millennium Scholars Program .

The foundation ’s goals do n’t voice so much unlike from anyone else’s - they’re big , lofty and impossible . What ’s so brilliant ? They ’re not charging at the world ’s trouble scattering its massive war bureau around willy - nilly . They invest in solution . Take access to unclouded water ( or the deficiency thence ) . The Seattle PI notesin a piece todaythat the foundation has spent twelvemonth looking at the job , but has yet to pump money into a major urine project , because simply building pipes wo n’t really crack at the root problem . Sylvia Mathews Burwell , managing director of the Global Development Program , says in the article that “ what we look for is the project has to be scalable , sustainable and catalytic . ” ( Its hard-core focus on vaccines make total sense from this slant . )

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In other words , it plants heaps of footling techno - seeds and showers them with love life and money until they grow to be entirely independent and self - sustaining , and does n’t waste its largesse on hooey that ’s a temporary fix . To keep up the flora metaphor , rather than hoping to grow a single , elephantine tree of awesome that stretches over all the problem they ’re examine to fix , they ’re plant a ton of little , carefully design and managedtrees to make a , um , woods of awesome . It ’s an approach adopt from drug companies , which invest in lotsa unlike drug simultaneously , not just one miracle drug at a time .

Not that they ’re cheap - in hisperson of the yearstory , Time says that the Gates spent 2005 “ giving more money away faster than anyone ever has , ” It ’s just that every penny of it is invested with the same sharpness Bill applied to Microsoft in its gilded day , so each one works as hard as potential , like the $ 1.5 billion grant for the Global Alliance for Vaccines and Immunization .

Above and beyond all of that , Bill ’s philanthropic gift is nudge other citizenry to chip in . Most famously , Warren Buffet is givingmost of his fortuneto the Foundation because he believes in its goal and smart , viable attack to Jacob’s ladder . As long as Bill ’s get the passion - like he did for Microsoft in his past life - then yeah , he just might write the mankind .

Lesdilley