The Pivotal Philanthropies Foundation, founded by Melinda French Gates, has committed US$250 million (AU$371 million) to fund organisations working to improve women’s mental and physical health.
Key Takeaways
- Melinda French Gates, founder of Pivotal Philanthropies Foundation, launched Action for Women’s Health, committing US$250 million (AU$371 million) to fund organisations working to improve women’s mental and physical health.
- Applications for funding opened on October 9th, with the fund inviting eligible organisations – those that serve women – from around the world.
- Each awardee is eligible for between US$1 million and US$5 million in funding.
- French Gates has been vocal about the impact of anti-abortion laws throughout the United States.
Big number
US$1 billion (AU$1.5 billion). That’s how much Melinda French Gates committed (across two years) to “advance women’s power” globally.
The US$250 million is part of this commitment, alongside US$200 million in grants to organisations protecting women’s power and rights in the United States, and US$240 million devoted to partnerships with 12 global leaders.
Crucial quote
“For too long, a lack of money has forced organisations fighting for women’s rights into a defensive posture while the enemies of progress play offence. I want to help even the match,” French Gates said in a statement in May this year.
Related
Key background
French Gates’ commitment to women’s health comes as the United States’ Supreme Court made the decision to repeal Roe v Wade – the legal case that protected a woman’s right to abortion. As a result, many states limited access to abortions and certain reproductive care.
In a guest essay published by the New York Times, French Gates highlighted how underfunded women’s organisations are, saying, “As shocking as it is to contemplate, my 1-year-old granddaughter may grow up with fewer rights than I had.”
The philanthropist ended her tenure as co-chair of the Bill & Melinda Gates Foundation in June this year to embark on her Pivotal venture.
Tangent
Corporate giving in Australia is rising, with donations up about 30% in the past five years, according to Strive Philanthropy’s GivingLarge research.
The data shows that across 2023, BHP donated the most at $222,156,222 to causes like decarbonisation, thriving communities, responsible supply chains and Indigenous communities. Coles came just under with $151,858,928. In terms of industries, contributions to the community are increasing from mining and resource companies, retailers, banks, and tech companies.
Look back on the week that was with hand-picked articles from Australia and around the world. Sign up to the Forbes Australia newsletter here or become a member here.
