Current:Home > My'Evening the match': Melinda French Gates to give $1 billion to women's rights groups -FinanceAcademy
'Evening the match': Melinda French Gates to give $1 billion to women's rights groups
View
Date:2025-04-16 22:18:48
Philanthropist Melinda French Gates has announced that she's investing $1 billion over the next two years to causes that pursue women's rights and gender equity on a global scale.
The ex-wife of billionaire Bill Gates and co-chair of the Bill and Melinda Gates foundation said Tuesday that $200 million of the investment will go toward organizations fighting for reproductive and gender rights in the U.S.
In a New York Times guest essay, French Gates said that she's compelled to support reproductive rights after the Supreme Court overturned Roe v. Wade.
"For too long, a lack of money has forced organizations fighting for women's rights into a defensive posture while the enemies of progress play offense," she said. "I want to help even the match."
The new grants will be distributed through her organization, Pivotal Ventures, to groups such as the National Women’s Law Center, the National Domestic Workers Alliance and the Center for Reproductive Rights.
What organizations is Gates' funding?
According to her guest essay, French Gates is giving $20 million of her $1 billion investment to a “diverse group of 12 global leaders” who will distribute the funds to organizations of their choosing. Another $250 million of investments will be announced in the fall for organizations that promote women's mental and physical health.
The 19th, a nonprofit news organization reporting on women and the LGBTQ+ community, is receiving a three-year multimillion dollar grant from French Gates.
In response to the grant, the group wrote that the grant "will bolster our critical politics and policy coverage in a seismic election year, allow us to make strategic investments in our audiences and our future, and lay the foundation for our long-term sustainability in a turbulent time for our industry."
MomsRising, a grassroots organization that supports the economic security of women and families in the U.S., received a multimillion dollar grant from French Gates, along with the Center for Reproductive Rights, which is representing 50 women in lawsuits challenging abortion restrictions in multiple states.
“Because I have been given this extraordinary opportunity, I am determined to do everything I can to seize it and to set an agenda that helps other women and girls set theirs, too." French Gates wrote in the New York Times.
Last month, she announced that she was stepping down from the famous Bill & Melinda Gates Foundation, one of the largest charitable institutions in the world. June 7 is her last day of work with the global health and development charity.
Contributing: Natalie Neysa Alund
veryGood! (453)
Related
- The Daily Money: Spending more on holiday travel?
- Valerie Bertinelli and her new boyfriend go Instagram official with Taylor Swift caption
- India's 2024 election kicks off, with major implications for the world's biggest democracy
- Chicago police officer fatally shot overnight while heading home from work
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Cryptocurrencies Available on Qschaincoin
- RFK Jr.'s quest to get on the presidential ballot in all 50 states
- Jared Kushner Has Big Plans for Delta of Europe’s Last Wild River
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Track and field's decision to award prize money to Olympic gold medalists criticized
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Tyler Reddick wins NASCAR Talladega race as leaders wreck coming to checkered flag
- Mary J. Blige, Cher, Ozzy Osbourne, A Tribe Called Quest and Foreigner get into Rock Hall
- From 'homeless among the clouds' to working with Robert Downey Jr., Kieu Chinh keeps going
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Takeaways from the 2024 Olympic wrestling trials: 13 athletes punch tickets to Paris
- House approves aid bills for Ukraine, Israel and Taiwan
- Vice President Harris to reveal final rules mandating minimum standards for nursing home staffing
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
With ugly start, the Houston Astros' AL dynasty is in danger. But they know 'how to fight back'
On the heels of historic Volkswagen union vote, Starbucks asks Supreme Court to curb labor's power
Opening a Qschaincoin Account
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
5 Maryland high school students shot at park during senior skip day event: Police
'Betrayed by the system.' Chinese swimmers' positive tests raise questions before 2024 Games
Paris police detain man behind reported bomb threat at Iran consulate