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September 04, 2015 9:56 PM ET

Commercial Services and Supplies

Company Overview of Bill & Melinda Gates Foundation

Company Overview

Bill & Melinda Gates Foundation operates as a non-profit organization that focuses on healthcare, poverty, and educational sectors in developing countries. The organization provides grants for agricultural development, global health, and technical education programs. Bill & Melinda Gates Foundation was formerly known as William H. Gates Foundation and changed its name in 2000. The organization was founded in 1994 and is headquartered in Seattle, Washington.

500 Fifth Avenue North

Seattle, WA 98109

United States

Founded in 1994

Phone:

206-709-3100

Fax:

206-709-3180

Key Executives for Bill & Melinda Gates Foundation

Chief Executive Officer
Age: 57
Founder and Co-Chairman
Age: 50
Founder and Co-Chairman
Age: 60
Chief Financial Officer
Age: 59
President of U.S. Program
Age: 48
Compensation as of Fiscal Year 2015.

Bill & Melinda Gates Foundation Key Developments

Bill & Melinda Gates Foundation Presents at Family Office & Private Wealth Management Forum, Jul-21-2015 03:30 PM

Bill & Melinda Gates Foundation Presents at Family Office & Private Wealth Management Forum, Jul-21-2015 03:30 PM. Venue: Hyatt Regency Newport, Newport, Rhode Island, United States.

Agence Française de Développement, Bill and Melinda Gates Foundation and GAVI Sign on Innovative Partnership to Increase Vaccination Rates in Six Sahel Countries

The Agence française de developpement, Gavi and the Bill and Melinda Gates Foundation signed an innovative partnership worth EUR 100 million at the Ministry of Foreign Affairs and International Development, in the presence of Minister Laurent Fabius and Minister of State for Development and Francophony, Annick Girardin. The partnership aims to increase vaccine coverage in six French-speaking countries of the Sahel region: Burkina Faso, Mali, Mauritania, Niger, Senegal and Chad. This three-way financing agreement will facilitate the introduction of new vaccines and renewal of existing programmes, as well as strengthening the healthcare systems of the countries concerned. Due to the efforts made by these countries, vaccine coverage has improved significantly in the last decade, but the proportion of children receiving all basic vaccines remains too small. France reaffirmed its support for GAVI during the GAVI Pledging Conference in Berlin on 27 January 2015, where the Minister of State for Development and Francophonie, Annick Girardin, announced this pilot initiative, in addition to a new commitment of EUR 150 million to the International Finance Facility for Immunization (IFFIm). This conference helped raise USD 7.5 billion to launch effective vaccination campaigns and prepare the future.

Sika's Board To Buy Out Founding Family's Stake

Sika AG's (SWX:SIK) Board of Directors plans on buying the stake of the company's founding family Burkard in a bid to prevent Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) from taking over Sika, Sonntagszeitung reported, citing sources in the know. According to the report, the Board is ready to pay the family's Schenker-Winkler Holding AG CHF 2.25 billion for the stake. Sika spokesman Dominik Slappnig confirmed the offer to news agency AWP on April 20, 2015, but did not disclose the offer price, saying only it includes a premium. At the same time, SWH spokesman Andreas Durisch told AWP the family is not aware of an alternative offer and stressed any proposal that does not include Saint-Gobain is unacceptable. However, Sika's management and some shareholders, including Bill & Melinda Gates Foundation and Cascade Investment, L.L.C., have expressed their fierce opposition to the deal with Saint-Gobain and initiated a lengthy battle with the family. According to Sonntagszeitung's report, the family would retain a part of its stake for the time being to profit from any rise in the share price.

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