Activities
To maintain its status as a charitable foundation, it must donate at least 5% of its assets each year. Thus the donations from the foundation each year would amount to over US$1.5 billion at a minimum.
The Foundation has been organized, as of April 2006, into four divisions, including core operations (public relations, finance and administration, human resources, etc.), under Chief Operating Officer Cheryl Scott, and three grant-making programs:
- Global Health Program
- Global Development Program
- United States Program
The Foundation will give hundreds of millions of dollars in the next few years to programs aimed at encouraging saving by the world's poor, the Wall Street Journal reported, presumably under a new grant-making program.
On December 18, 2008, the Clinton Foundation released a list of all contributors. It included the Bill & Melinda Gates Foundation, which gave between US$10–25 million.
Read more about this topic: Bill & Melinda Gates Foundation
Famous quotes containing the word activities:
“Both at-home and working mothers can overmeet their mothering responsibilities. In order to justify their jobs, working mothers can overnurture, overconnect with, and overschedule their children into activities and classes. Similarly, some at-home mothers,... can make at- home mothering into a bigger deal than it is, over stimulating, overeducating, and overwhelming their children with purposeful attention.”
—Jean Marzollo (20th century)
“Minds do not act together in public; they simply stick together; and when their private activities are resumed, they fly apart again.”
—Frank Moore Colby (1865–1925)
“Both gossip and joking are intrinsically valuable activities. Both are essentially social activities that strengthen interpersonal bonds—we do not tell jokes and gossip to ourselves. As popular activities that evade social restrictions, they often refer to topics that are inaccessible to serious public discussion. Gossip and joking often appear together: when we gossip we usually tell jokes and when we are joking we often gossip as well.”
—Aaron Ben-Ze’Ev, Israeli philosopher. “The Vindication of Gossip,” Good Gossip, University Press of Kansas (1994)