{"id":2243743,"date":"2024-05-13T18:12:08","date_gmt":"2024-05-13T22:12:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/melinda-french-gates-resigns-from-bill-and-melinda-gates-foundation-shes-getting-12-5-billion\/"},"modified":"2024-05-13T18:15:41","modified_gmt":"2024-05-13T22:15:41","slug":"melinda-french-gates-resigns-from-bill-and-melinda-gates-foundation-shes-getting-12-5-billion","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/melinda-french-gates-resigns-from-bill-and-melinda-gates-foundation-shes-getting-12-5-billion\/","title":{"rendered":"Melinda French Gates steps down from Gates Foundation, receiving $12.5 billion"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmelinda-french-gates-resigns-from-bill-and-melinda-gates-foundation-shes-getting-12-5-billion%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2243743&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Melinda French Gates leaves Bill and Melinda Gates\u2064 Foundation with $12.5 billion, shifting focus to her\u200b philanthropic endeavors for \u2063women\u200c and families. Bill \u2062Gates\u2062 expresses support for her\u2063 decision, reiterating commitment to foundation&#8217;s goals. The foundation, now named Gates Foundation, remains dedicated to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-continuous-media-covid-fear-mongering-may-backfire-and-diminish-democrat-voter-turnout\/\" title=\"The Continuous Media COVID Fear Mongering May BACKFIRE and Diminish Democrat Voter Turnout\">global health<\/a> and gender equality initiatives. Melinda\u2064 French Gates departs from the Bill and Melinda Gates Foundation with $12.5 billion, redirecting her efforts towards philanthropic work benefiting women and families. Bill Gates \u200boffers his backing for her choice, \u2064reaffirming dedication to the\u2062 foundation&#8217;s\u2063 missions. The \u200dorganization, rebranded as Gates Foundation, continues \u200bits commitment to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/harvard-to-host-summer-program-at-palestinian-university-dominated-by-hamas\/\" title=\"Harvard to hold summer program at Hamas-influenced Palestinian university\">promoting global health<\/a> and advancing gender\u2062 equality initiatives.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<header> <a href=\"https:\/\/www.westernjournal.com\/news\/\">  News <\/a>   <span> <\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/russdavis\/\">  <\/a> <\/p>\n<p> <span>   By <a href=\"https:\/\/www.westernjournal.com\/author\/russdavis\/%20\"><span>Jack Davis<\/span><\/a> <\/span> <span>   May 13, 2024 at 12:42pm <\/span> <\/span>  <\/header>\n<section>\n<p>Melinda French Gates announced Monday that she is taking $12.5 billion and leaving the philanthropic foundation she started with her former husband, Microsoft co-founder Bill Gates.<\/p>\n<p>\u201cAfter careful thought and reflection, I have decided to resign from my role as co-chair of the Bill and Melinda Gates Foundation,\u201d she said in a <a href=\"https:\/\/twitter.com\/melindagates\/status\/1790049411227086949\" target=\"_blank\" rel=\"noopener\">statement<\/a> shared on social media.<\/p>\n<p>\u201cThis is not a decision I came to lightly,\u201d Gates wrote.<\/p>\n<p>\u201cI am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world,\u201d she said.<\/p>\n<p>\u201cThe time is right for me to move forward into the next chapter of my philanthropy,\u201d the 59-year-old billionaire wrote.<\/p>\n<p>\u201cThis is a critical moment for women and girls in the U.S. and around the world \u2014 and those fighting to protect and advance equality are in urgent need of support,\u201d Gates said.<\/p>\n<p>She noted that she is not leaving empty-handed, writing, \u201cUnder the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.\u201d<\/p>\n<p>Gates said her last day at the foundation will be June 7.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"zxx\"><a href=\"https:\/\/t.co\/JYIovjNYKo\">pic.twitter.com\/JYIovjNYKo<\/a><\/p>\n<p>\u2014 Melinda French Gates (@melindagates) <a href=\"https:\/\/twitter.com\/melindagates\/status\/1790049411227086949?\">May 13, 2024<\/a><\/p>\n<\/blockquote>\n<p>The organization will now be known as the Gates Foundation, with Bill Gates as its sole chair, the foundation\u2019s CEO, Mark Suzman, announced on Monday, according to <a href=\"https:\/\/www.cnn.com\/2024\/05\/13\/investing\/melinda-gates-resigns-foundation\/index.html\">CNN<\/a>.<\/p>\n<p data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clw56cjhe00033b6ibpjcir81@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\" data-analytics-observe=\"off\">Bill Gates addressed his ex-wife\u2019s decision in a Monday post on X.<\/p>\n<p data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clw56cjhe00033b6ibpjcir81@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\" data-analytics-observe=\"off\">\u201cI am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work,\u201d he wrote.<\/p>\n<p data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clw56d8uv00053b6i5ztpcu05@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\" data-analytics-observe=\"off\">\u201cLooking ahead, I <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/our-prayers-are-with-rush-limbaughs-producer-issues-statement-amid-radio-hosts-absence\/\" title=\"\u2018Our Prayers Are With Rush\u2019: Limbaugh\u2019s Producer Issues Statement Amid Radio Host\u2019s Absence\">remain fully committed<\/a> to the Foundation\u2019s work across all our strategies, and to realizing the opportunities we have to continue improving the lives of millions around the world,\u201d Gates said.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">I want to thank Melinda for her critical contributions to the Foundation from its very beginning. As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality.<\/p>\n<p>Looking ahead, I\u2026 <a href=\"https:\/\/t.co\/ZEU4D2q76v\">https:\/\/t.co\/ZEU4D2q76v<\/a><\/p>\n<p>\u2014 Bill Gates (@BillGates) <a href=\"https:\/\/twitter.com\/BillGates\/status\/1790049639330402416?\">May 13, 2024<\/a><\/p>\n<\/blockquote>\n<p>The couple <a href=\"https:\/\/www.westernjournal.com\/coming-divorce-reports-reveal-bill-gates-alleged-womanizer\/\" target=\"_blank\" rel=\"noopener\">divorced<\/a> in May 2021 but said at the time they would remain partners in the foundation for two years. If, at the end of that period, they found they could not work together, Melinda Gates would move on.<\/p>\n<p>According to <a href=\"https:\/\/apnews.com\/article\/bill-gates-melinda-french-gates-foundation-cb0440349285c302184d54923cc72bd9\" target=\"_blank\" rel=\"noopener\">The Associated Press<\/a>, the Gates Foundation had an endowment of more than $75 billion in December and planned to spend $8.6 billion on its philanthropic endeavors this year.<\/p>\n<div id=\"firefly-poll-container\">\n<p>Does the Gates Foundation do good work?<\/p>\n<\/p><\/div>\n<p>But it has not been without its critics.<\/p>\n<p>The foundation <a href=\"https:\/\/www.westernjournal.com\/bill-gates-foundation-poured-millions-chinese-government-orgs-2022\/\" target=\"_blank\" rel=\"noopener\">paid out<\/a> or approved for future payment about $23 million in grants to Chinese government organizations during its 2022 reporting period, tax documents show.<\/p>\n<p>The nonprofit listed grants to more than 20 Chinese entities, including Chinese government agencies, labeled as \u201cforeign government\u201d on its 2022 <a href=\"https:\/\/docs.gatesfoundation.org\/documents\/2022%20bmgf%20form%20990-pf.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">tax forms<\/a>. The majority of the grants were for projects related to public health research and analysis, including several projects involving diseases and vaccine delivery.<\/p>\n<p>The Gates Foundation also funded Chinese universities that regularly perform defense work for the <a href=\"https:\/\/www.westernjournal.com\/alert-taiwan-scrambles-fighter-jets-chinese-military-presence-pushes-limits\/\" target=\"_blank\" rel=\"noopener\">Chinese military<\/a>.<\/p>\n<hr>\n<div>\n<p><b><i>An Important Message from Our Staff:<\/i><\/b><\/p>\n<p><i><span>We who work here at The Western Journal have fought for years against Big Tech and the elites who want to shut us down and then shut America down. <\/span><\/i><\/p>\n<p><i><span>Make no mistake \u2014 nothing will be the same after November 2024. Will you help us fight? Will you <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>help us expose the America-hating elites<\/span><\/i><\/a><i><span>  who will do everything they can to steal this election? <\/span><\/i><\/p>\n<p><i><span>We\u2019re a small group of people fighting to save the country for our readers and for our own family and friends. <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Can we count on your help?<\/span><\/i><\/a><\/p>\n<p><i><span>At this point, Big Tech has cut off our access to 90% of advertisers. Imagine if someone took 90% of your paycheck and there was nothing you could do. They\u2019re trying to starve us out.<\/span><\/i><\/p>\n<p><i><span>Donations from readers like you have literally helped keep our lights on, and <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>we need you<\/span><\/i><\/a><i><span>  now more than ever. <\/span><\/i><\/p>\n<p><i><span>We operate on a shoestring budget, but with that budget, we terrify the globalists. Please help us continue the fight. <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Stand with us<\/span><\/i><\/a><i><span>, and we will never surrender.<\/span><\/i><\/p>\n<p><i><span>Thank you for reading The Western Journal and for believing in America. <\/span><\/i><\/p>\n<p><i><span>It is a pleasure to serve you.<\/span><\/i><\/p>\n<p><i><span>P.S. Please don\u2019t let the America-hating left win. <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Stand with us today<\/span><\/i><\/a><i><span>!<\/span><\/i><\/p>\n<\/p><\/div>\n<div id=\"author-info-44685\">\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/russdavis\/\">  <\/a> <\/p>\n<div>\n<p><label for=\"summary-tab-radio-44685\">Summary<\/label><label for=\"more-info-tab-radio-44685\">More<span> Biographical Information<\/span><\/label><label for=\"posts-tab-radio-44685\">Recent<span> Posts<\/span><\/label><label for=\"contact-tab-radio-44685\" onclick=\"if( typeof grecaptcha=='undefined' ) { let cap_s=document.createElement( 'script' ); cap_s.src='https:\/\/www.google.com\/recaptcha\/api.js?render=6LeJFcsUAAAAAPsIEqvB1EebWbZfqRUe6ebMpGy7'; document.body.appendChild( cap_s ); }\">Contact<\/label><\/p>\n<div>\n<p>Jack Davis is a freelance writer who joined The Western Journal in July 2015 and chronicled the campaign that saw President Donald Trump elected. Since then, he has written extensively for The Western Journal on the Trump administration as well as foreign policy and military issues.<\/p>\n<\/p><\/div>\n<div>\n<p>  Jack Davis is a freelance writer who joined The Western Journal in July 2015 and chronicled the campaign that saw President Donald Trump elected. Since then, he has written extensively for The Western Journal on the Trump administration as well as foreign policy and military issues. <br \/> Jack can be reached at jackwritings1@gmail.com. <\/p>\n<p>  Location <\/p>\n<p>  New York City <\/p>\n<p>  Languages Spoken <\/p>\n<p>  English <\/p>\n<p>  Topics of Expertise <\/p>\n<p>  Politics, Foreign Policy, Military &#038; Defense Issues <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Melinda French Gates reveals she will depart the philanthropic foundation she co-founded with Bill Gates, receiving $12.5 billion. In a thoughtful move, she steps down from her position as co-chair, marking a significant change in the foundation&#8217;s leadership<\/p>\n","protected":false},"author":661,"featured_media":2243744,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/05\/Melinda-Gates.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2243743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/05\/Melinda-Gates.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2243743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2243743"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2243743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2243744"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2243743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2243743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2243743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}