(Source: Outlook India) In a statement, French Gates expressed her pride in the foundation’s accomplishments and her confidence in its CEO, Mark Suzman, as well as the expanded board of trustees. She acknowledged the transition, stating that “The time is right for me to move forward into the next chapter of my philanthropy,” highlighting her existing organization, Pivotal Ventures, which operates outside the nonprofit realm.
French Gates will continue to work on philanthropic efforts through Pivotal Ventures… an organization that she has led since 2014. Bill Gates, in a separate statement, thanked French Gates for her “critical” contributions to the foundation and acknowledged her continued impact in future philanthropic endeavors. As a result of the change, the foundation will rebrand as the Gates Foundation, a spokesperson confirmed.
(Source: OutlookIndia) Melinda French Gates’ departure marks the end of an era for the foundation, “which was established in 2000 by the couple to address global health,” “education.”.. and poverty issues.
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Melinda French Gates to Resign From Gates Foundation – The New York Times
Melinda French Gates is leaving the behemoth foundation she and her former husband, Bill Gates, founded nearly a quarter-century ago to devote herself fully to her work on behalf of women and girls, which has been the focus of much of her recent philanthropy.
Her move, announced on Monday, marks the end of an era for the Bill and Melinda Gates Foundation — henceforth known as the Gates Foundation — which she and her former husband founded in 2000 and transformed into a juggernaut that shook up the world of philanthropy and reshaped the fields of global public health and development.
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