Bill Gates Made 2022′s Biggest Charitable Donation

  • 📰 HuffPostWomen
  • ⏱ Reading Time:
  • 91 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 68%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

The Microsoft mogul gave $5 billion to the Bill & Melinda Gates Foundation to finance work in global health, development, policy and advocacy, and U.S. education.

. Today he serves as chairman of the investment firm Kleiner Perkins, and his net worth stands at a little more than $9 billion.Coming in third are Jackie and Mike Bezos, the mother and stepfather of Amazon founder Jeff Bezos. The couple gave the Fred Hutchinson Cancer Center $710.5 million to build 36 research labs and an additional large research facility. The grant will also support the cancer center’s clinical trials and immunotherapy research over the next 10 years.

The couple have been fairly low-profile philanthropists until recently. Yet Jackie Bezos has been closely involved in several nonprofit projects over the years. She created the Bezos Scholars Program at the Aspen Institute, the Aspen Challenge, and Students Rebuild, all of which are education programs for various age groups. Mike Bezos spent 32 years working as an engineer and manager with the oil and gas giant Exxon Mobil before retiring and turning his attention to the couple’s giving.

The gifts from the Doerrs and the Bezoses were followed by one from Warren Buffett. The revered 92-year-old investor gave stock valued at nearly $474.3 million to the Susan Thompson Buffett Foundation, a grantmaker Warren Buffett established in 1964 to manage the family’s charitable giving that was later renamed for his first wife, who died in 2004. The foundation supports women’s reproductive health and provides college scholarships for students in Nebraska, where the foundation is located.

A representative for Buffett confirmed the gift was a special one-time contribution that Buffett decided to make in late November rather than one of the annual donations he makes to the Susan Thompson Buffett Foundation, and several other grantmakers, which are payments toward multibillion-dollar pledges he announced in 2006.

The late Ruth DeYoung Kohler II comes in fifth on the list. The Kohler Company heiress, who died in 2020 at 79, left a $440 million bequest to launch the Ruth Foundation for the Arts, a Milwaukee grantmaker that is devoted to supporting visual- and performing-arts groups throughout the country. It plans to award about $20 million a year. Kohler was an avid arts supporter and ran the John Michael Kohler Arts Center in Sheboygan, Wisconsin, from 1972 to 2016.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

De-population funds?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 27. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bill Gates made 2022′s biggest charitable donationBill Gates gave $5 billion to the Bill & Melinda Gates Foundation to back the grantmaker’s work in global health, development, policy and advocacy, and U.S. education. 🤔 Take money from the right pocket to the left pocket Where’s his tax returns?
Source: chicagotribune - 🏆 8. / 91 Read more »