In the United States, these organizations are commonly referred to as U.S. 501(c)(3) Organizations. The Bill & Melinda Gates Foundation (Gates) is a funding organization based in Seattle, Washington USA. The Bill and Melinda Gates Foundation gave the Global Fund a $750 million promissory note in 2012. Bill & Melinda Gates Foundation Dedicates Additional Funding to the Novel Coronavirus Response: The foundation will provide up to $100 million to improve detection, isolation and treatment efforts; protect at-risk populations in Africa and South Asia; and accelerate the development of vaccines… In time, major support was coming from the Bill and Melinda Gates Foundation. He reports that funding and control for the World Health Organization (WHO) began a shift in the 1970s from nation states to the pharmaceutical industry and private foundations. The Bill and Melinda Gates Foundation (Gates Foundation) will also contribute $100 million to the goal of advancing these potential cures, with an aim toward providing affordable, globally available treatment that will be accessible to patients in low-resource settings. Bill and Melinda Gates say President Donald Trump shouldn't halt funding for the WHO because it 'just doesn't make any sense' as they pledge an extra $150M to fight the pandemic. Main Digest The Bill & Melinda Gates Foundation (B&MGF or the Gates Foundation), formed in 1994, is the largest transparently operated private foundation in the world, founded by Bill and Melinda Gates. U.S. 501(c)(3) Organization status is conferred by the Internal Revenue System (IRS) of the United States government. Guided by the belief that every life has equal value, this innovative group works to help all people lead healthy, productive lives. Bill and Melinda Gates, pictured last year, are, through the Bill & Melinda Gates Foundation, planning to donate $3.7 million to support various response efforts to the novel coronavirus pandemic. Bill and Melinda Gates tell David Muir Trump's halting WHO funding 'just doesn't make any sense' Their foundation is giving additional funding to battle COVID-19. Bill & Melinda Gates Foundation Dedicates Additional Funding to the Novel Coronavirus Response. Synopsis: Information on The Bill and Melinda Gates Foundation including Education and Scholarships. The foundation will provide up to $100 million to improve detection, isolation and treatment efforts; protect at-risk populations in Africa and South Asia; and accelerate the … SEATTLE, Feb. 5, 2020. Gurugram-headquartered healthtech startup 1MG has added Bill & Melinda Gates foundation to its cap table with fresh funding & is offering IP. Bill and Melinda Gates' realisation in the late 1990s that rotavirus was killing half a million children every year was one of the events that led them to set up their Foundation in 1994. Bill & Melinda Gates Foundation Dedicates Additional Funding to the Novel Coronavirus Response. One of this organization's highest priorities is the facilitation of improved educational opportunities all over the country. The Bill & Melinda Gates Foundation is a key partner of the Global Fund, providing cash contributions, actively participating on its board and committees, and supporting the Global Fund’s advocacy, communications and fundraising efforts. The foundation will provide up to $100 million to improve detection, isolation and treatment efforts; protect at-risk populations in Africa and South Asia; and accelerate the development of vaccines, drugs and diagnostics. PR Newswire. The Bill & Melinda Gates Foundation on Wednesday announced it is dedicating another $150 million in funding for the global efforts against novel coronavirus (COVID-19) pandemic. The Bill and Melinda Gates Foundation grants are only open to nonprofit groups and tax-exempt organizations. The staff members of the foundation verify these details before … The Global Fund explains , “The Bill & Melinda Gates Foundation is a key partner of the Global Fund, providing cash contributions, actively participating on its board and committees, and supporting the Global Fund’s advocacy, communications and fundraising efforts. The Bill & Melinda Gates Foundation is one of the most prestigious and generous charitable organizations in the world.