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Gates Foundation intends to spend its $67 billion endowment 'down to zero' within 20 years ...

Retrieved on: 2024-01-26 00:05:03

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Gates Foundation intends to spend its $67 billion endowment 'down to zero' within 20 years .... View article details on HISWAI: https://fortune.com/2024/01/25/bill-gates-foundation-annual-letter-elite-universities-chuck-feeney/

Summary

The article discusses the philanthropic efforts and strategy of the Gates Foundation, co-chaired by Bill Gates and Melinda French Gates, emphasizing plans to dramatically distribute their sizable financial endowment in philanthropy, influenced by the giving philosophy of Chuck Feeney and contrasting with more traditional, education-focused charitable donations.

Article found on: fortune.com

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