Bill Gates Charity • bare • donate

Bill Gates Charity ' bare ' donate
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10 years ago, one called Brad Gordon Tan Pulei computer engineer trying to use a few easy to understand sentences to describe the wealth of Bill Gates. He said that if Bill Gates lost a l000 dollar bill, he did not need to bother, because of this bending Jianqian four seconds, he could earn more money
- That year, Gates earned 78 billion U.S. dollars, the equivalent of 20 million U.S. dollars per day, per 250 U.S. dollars.

In 1995 to 2007 l3 year, the Gates reelection, "Forbes" List of the top global billionaires. The last century, his personal wealth was once close to 100 billion U.S. dollars, equivalent to GDP was ranked No. 50 in the world year of the Romanian GDP.

10 years later, June 27, 2008, the world's wealth, which finished third in Gates ended his full-time at Microsoft last a day. Left a week ago, he told the late British BBC news presenters, he would own 58 billion U.S. dollars of property he and his wife donated the full name of the charitable funds - Bill & Melinda Gates Foundation. "We have decided not to leave our children. We want it (the property) back to the community and used to influence the most active place." Gates said.

10 years ago, richer flow of oil, "miser" has become 10 years after the most famous naked donors, philanthropists. While some people muttering behind the Gates charity may be "conscience" of "honorary heritage", or Microsoft's public relations and publicity, but as president of the Carnegie Foundation in New York Chinese Tan Enge Craig Lee stated, perhaps every charity family philanthropy has a "noble cause" and a "real reasons", but "what has he actually done is more important than why he is doing."

Hand side of the donated money

Gates charity to embark on this road, there are many versions.

One version is, l993, last fall, Gates, and later became his wife Melinda to Africa to visit. The tragic life of local people, so that Gates was the importance of charity.

Another version of his own to accept the end of 2006, when James Morgan Global Humanitarian Award by the bare of the. Gates said that he was the reason why this road onto the charities, there are two people to thank. One was his mother, Mary Gates. Mary is not only a university professor, a director of United Way across the country. Gates said that he was a very early age by her mother's influence, some of their own pocket money will be donated to the church and the Salvation Army (Christian charitable organization). The other one is to make its fortune by investing Buffett. Buffett told him that charity is the best way to contribute to the community, but also, "so much wealth to leave their children, for they have no benefit." Gates immediately expressed support for his views.

However, Buffett said, although he has charitable heart, but the intention to earn the money finished, Zaiqu money, because "if just one second before the meeting to discuss how money and, after a second bitter thinking about how to make money is indeed a bit schizophrenic. " At first, Gates also worried that they will target different or even contradictory, two in the cause of lost direction, he guesses that he might also chooses to retire, then contributions to the road, however, every minute expansion of personal wealth and the more force the more tight public opinion apparently does not allow the world's first millionaire in charity nothing.

In 1994, Gates had sold some Microsoft stock to fund the 94 million U.S. dollars to establish the William H. Gates Foundation. In order to manage this fund, Gates began to made available for some time to learn the oil magnate Andrew Carnegie and the Rockefeller Foundation in the management of their own experience.

This year, with Melinda Gates married. The bride the day before the wedding lunch, Gates's mother, Mary's message to the newcomers, said: "Those who contribute generously so that we can expect a feat." Wedding a few months later, Mary died, Gates's father, also from the legal firm to step down voluntarily for his son take care of this foundation. In the following four years, William H. Gates Foundation, because of the generous contributions of Bill Gates and rapid expansion to 21 billion U.S. dollars.

In 1997, Gates and Melinda also established a new foundation - Gates Library Foundation - to help more people to use IT resources. l999, the Gates Library Foundation was renamed Gates Learning Foundation, the focus of work becomes difficult to support families and minority students.

By 2000, Gates decided to merge the two Family Foundation Bill & Melinda Gates Foundation, to promote global health and education focus.

Gates to wait until 2000 to accept "The New York Times" reporter, he has quite confident to say: "I think I have been a couple of things can be done, and am very clear people. I can read biotechnology, can be done My own work, you can learn to play bridge. So, I did not (because the side of the management of Microsoft, while management of the Foundation) suffered from schizophrenia. "

In fact, he and Melinda Gates Foundation will soon become the world's largest transparent operation of the charitable funds - the official website's home page there in previous years, earnings can be downloaded; donors can also easily track the donations go.此外. In order to avoid the expansion of the size of the Foundation with the formation of the bureaucratic mechanism for erosion of operating costs to the fund of wealth, Gates also announced that the Bill and Melinda Gates Foundation will be 50 years after the death of the disappeared.

Based on the Bill & Melinda Gates of the trust, June 25, 2006, Buffett announced that it would total about 370 billion dollars in property donated to the Bill & Melinda Gates Foundation.

Easy to spend money better than money

Foundation not as easy to take care of people think. Under U.S. law, charitable foundations to obtain tax-exempt status, at least a year to donate 5% of assets. 38.7 billion for the assets of the Bill & Melinda Gates Foundation, this means that it must donate at least l9 million. Most in need of money to get these, the most efficient place, is not easy.

Bill & Melinda Gates Foundation targets four main areas: first is to improve global health. Started studying AIDS, malaria, tuberculosis, cancer and other diseases, therapeutic approaches, particularly in Africa, Asia and other developing countries, strong donor; The second is to increase investment in education to create more low-income-oriented secondary school, and to reduce economic issues not afford the University of phenomena; third is to promote the development of information industry, especially efforts to expand the popularity of the Internet, so that all people, regardless of race, sex, age or wealth, can have access to information technology approach; The fourth is to improve the status of the U.S. Pacific Northwest to the local communities and poor families to provide various forms of contributions.

According to the Foundation in 2007 earnings, when the actual donation of more than 20 billion U.S. dollars in cash, more than three quarters of the global development and global health. For these as far away as Africa and Asia, a project, how to do a good job screening, implementation and evaluation, are energy-consuming things. It is understood that the Bill & Melinda Gates Foundation's strategy is to do anything to provide services directly, but by the local government departments or non-governmental organizations to contribute to achieve the project forward.

In addition to the poorest regions in Africa, providing medical and education, universal services, they also have a number of projects in China. For example, the aid of China's hepatitis B vaccination, to help China deal with AIDS, and so on. In November 2007, the Foundation funded 50 million U.S. dollars, with China's Ministry of Health and non-governmental organizations dedicated to China's AIDS prevention. They also specially invited to the U.S. Centers for Disease Control Ray Yip former Ambassador to China in charge of leading the scheme.

We must ensure that the donated money can bring out the real influence, but also ensure that the Fund's existing assets to achieve the preservation and appreciation. It is understood that the Gates Foundation's investment strategy more conservative - more than 60 billion U.S. dollars invested in government bonds, high-grade commercial paper, short-term discount bonds, such as short-term, low-risk projects; 21 billion U.S. dollars invested in bonds, domestic and international mutual fund investment, high-yield corporate securities and government securities, etc.; 5.2 billion U.S. dollars invested in stocks and private equity investment fund. According to "Forbes" report, the Foundation in 2003 to 26.8 billion U.S. dollars in capital was up to 3.9 billion U.S. dollars in return on investment. This figure is derived from the transfer of their property for 12 billion dollars three times more.

Return sometimes cause trouble. For example, in Nigeria, a small town called Ebocha, the children is provided by the Bill and Melinda Gates Foundation, the beneficiaries of measles and polio vaccines, but also indirect victims of the Foundation - a local refinery in Italy makes a lot of smoke children suffering from respiratory diseases, while the Bill and Melinda Gates Foundation is the parent company's investment in the refinery one of the parties. After hearing the news, the Bill and Melinda Gates Foundation to make decisions, beginning in 2007, the words "corporate social responsibility" as an investment as part of the audit, and announced that maximize the benefits of investment in the same time, through the shareholder voting power to influence the the company's operations. From many point of view, the choice of Bill Gates would give the rich all over the world who make moral leadership.