General Discussion
In reply to the discussion: Bill Gates spends $1 million on mansion, jets so 15 y/o daughter can compete in equestrian event [View all]AlexSatan
(535 posts)"In 2010, the Foundation gave $2.5 billion in grants 80 per cent to international projects. In total it has disbursed over $26 billion, most of it to global health. To put these figures into perspective: since 1914 the Rockefeller Foundation has given $14 billion (adjusted to todays values). Only the US and British governments give more to global health today. The World Health Organization (WHO ), meanwhile, operates on less than $2 billion a year.
The Foundations achievements are undoubtedly impressive. Through supporting vaccination programmes, for example, it claims to have saved nearly six million lives. With rich world enthusiasm for foreign aid wavering, on 26 January this year Gates committed a further $750 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria an organization he claims saves 100,000 lives a month. Admirers credit the Foundation with putting global health back on world leaders agendas and, through Gates Giving Pledge initiative, encouraging several other US multi-billionaires to pledge their wealth to charity. Whats not to like?"
http://www.newint.org/features/2012/04/01/bill-gates-charitable-giving-ethics/