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  • Andrew Carnegie John D. Rockefeller Bill & Melinda Gates Foundation

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    Keti Morgoshia
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    Gates created the William H. Gates Foundation in 1994 by donating some of his Microsoft stock, then in 2000 combined three family foundations and donated $5 billion in Microsoft stock to create the Bill & Melinda Gates Foundation. The Gates Foundation is considered the wealthiest charity in the world with over $34.6 billion in assets according to a 2013 report, and allows donors to access information on how its funds are spent unlike some other major charities.

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    Gates created the William H. Gates Foundation in 1994 by donating some of his Microsoft stock, then in 2000 combined three family foundations and donated $5 billion in Microsoft stock to create the Bill & Melinda Gates Foundation. The Gates Foundation is considered the wealthiest charity in the world with over $34.6 billion in assets according to a 2013 report, and allows donors to access information on how its funds are spent unlike some other major charities.

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    6 views1 page

    Andrew Carnegie John D. Rockefeller Bill & Melinda Gates Foundation

    Uploaded by

    Keti Morgoshia
    Gates created the William H. Gates Foundation in 1994 by donating some of his Microsoft stock, then in 2000 combined three family foundations and donated $5 billion in Microsoft stock to create the Bill & Melinda Gates Foundation. The Gates Foundation is considered the wealthiest charity in the world with over $34.6 billion in assets according to a 2013 report, and allows donors to access information on how its funds are spent unlike some other major charities.

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    © All Rights Reserved
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    Gates studied the work of Andrew Carnegie and John D.

    Rockefeller, and donated some of his Microsoft stock in 1994 to


    create the "William H. Gates Foundation." In 2000, Gates and his wife combined three family foundations and Gates
    donated stock valued at $5 billion to create the charitable Bill & Melinda Gates Foundation, which was identified by the
    Funds for NGOs company in 2013, as the world's wealthiest charitable foundation, with assets reportedly valued at more
    than $34.6 billion.[93][94] The foundation allows benefactors to access information that shows how its money is being spent,
    unlike other major charitable organizations such as the Wellcome Trust.[95][96] Gates, through his foundation, also donated
    $20 million to Carnegie Mellon University for a new building to be named Gates Center for Computer Science which
    opened in 2009.[97][9

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