Activities
To maintain its status as a charitable foundation, it must donate at least 5% of its assets each year. Thus the donations from the foundation each year would amount to over US$1.5 billion at a minimum.
The Foundation has been organized, as of April 2006, into four divisions, including core operations (public relations, finance and administration, human resources, etc.), under Chief Operating Officer Cheryl Scott, and three grant-making programs:
- Global Health Program
- Global Development Program
- United States Program
The Foundation will give hundreds of millions of dollars in the next few years to programs aimed at encouraging saving by the world's poor, the Wall Street Journal reported, presumably under a new grant-making program.
On December 18, 2008, the Clinton Foundation released a list of all contributors. It included the Bill & Melinda Gates Foundation, which gave between US$10–25 million.
Read more about this topic: Bill & Melinda Gates Foundation
Famous quotes containing the word activities:
“The old, subjective, stagnant, indolent and wretched life for woman has gone. She has as many resources as men, as many activities beckon her on. As large possibilities swell and inspire her heart.”
—Anna Julia Cooper (1859–1964)
“Minds do not act together in public; they simply stick together; and when their private activities are resumed, they fly apart again.”
—Frank Moore Colby (1865–1925)
“There is, I think, no point in the philosophy of progressive education which is sounder than its emphasis upon the importance of the participation of the learner in the formation of the purposes which direct his activities in the learning process, just as there is no defect in traditional education greater than its failure to secure the active cooperation of the pupil in construction of the purposes involved in his studying.”
—John Dewey (1859–1952)