Bill & Melinda Gates Foundation
- Assets
- $51.0b
- Revenue
- $5.9b
- Investments
- $49.8b
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2007
- Data as of
- 12/2019
- EIN
- 56-2618866
Organization Overview
Bill & Melinda Gates Foundation is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Bill & Melinda Gates Foundation generated $5.9b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $5.3b during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bill & Melinda Gates Foundation has awarded 33,264 individual grants totaling $53,158,215,399. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL DEVELOPMENT - IN-COUNTRY POLIO ERADICATION PROGRAMS; CONVENE GRANTEES TO PROMOTE COLLABORATION, IMPROVE PROGRAMS & STRENGTHEN THE GRANTEE NETWORK; SUPPLY CHAIN IMPROVEMENT STUDIES IN MULTIPLE COUNTRIES; ASSIST ORGANIZATIONS IN DEVELOPING INNOVATIVE FINANCING MECHANISMS & PRICING STRATEGIES TO IMPROVE GLOBAL ACCESS TO VACCINES, ESSENTIAL MEDICINES AND DIAGNOSITCS AND FAMILY HEALTH PRODUCTS; SUPPORT GRANTEES IN CREATING PLANS FOR INTRODUCING HEALTH CARE & VACCINATION PROGRAMS & FOR RESPONDING TO WIDESPREAD HEALTH CRISES & PANDEMICS; ASSIST IN STRENTHENING PRIMARY HEALTHCARE SYSTEMS; IMPROVE NUTRUTIONAL FOODS AND INTERVENTIONS; POLIO GPS TRACKING AND ANALYSIS; STRATEGIC PROJECT MANAGEMENT; STRATEGY SUPPORT; EVALUATION, COMMUNICATION AND ADVOCACY SUPPORT.
GLOBAL HEALTH - DISCOVERY, DEVELOPMENT, AND DELIVERY OF HIGH IMPACT GLOBAL HEALTH INTERVENTIONS. ENGAGE WITH NON-PROFIT, PUBLIC, AND COMMERCIAL PARTNERS TO IDENTIFY NOVEL PLATFORMS, PROCESSES, AND TECHNIQUES THAT ACCELERATE THE TIMELINE, REDUCE COST, AND REDUCE RISK FOR INTRODUCTION OF NEW AND AFFORDABLE VACCINES, MEDICINES, DIAGNOSTICS, AND DEVICES FOR DISEASES OF HIGH BURDEN IN THE DEVELOPING WORLD. ADVISE GLOBAL HEALTH GRANTEES IN DEVELOPING IMPACTFUL ADVOCACY AND COMMUNICATIONS STRATEGIES. CONVENE GLOBAL HEALTH GRANTEES TO SHARE RESEARCH FINDINGS, INNOVATIONS, AND BEST PRACTICES IN NUMEROUS AREAS OF GLOBAL HEALTH AND MEDICINE.
GLOBAL GROWTH & OPPORTUNITY - DEVELOP AND IMPLEMENT NEW TECHNOLOGIES THAT WILL INCREASE THE EFFICIENCY, EFFICACY, & AFFORDABILITY OF EMPTYING PIT LATRINES & SEPTIC TANKS; CONVENE GRANTEES TO PROMOTE COLLABORATION, IMPROVE PROGRAMS & STRENGTHEN THE GRANTEE NETWORK; SUPPORT DISCOVERY STUDIES AND DEVELOPMENT PLANS ON AGRICULTURAL VALUE CHAINS FOR LIVESTOCK & CROPS; UNDERSTANDING AND IMPROVING FINANCIAL MARKETS AND DIGITAL SERVICES IN MULTIPLE COUNTRIES; UNDERSTANDING AND DEVELOPMENT OF PATHWAYS TO ACCELERATE PROGRESS FOR WOMEN AND GIRLS; STRATEGIC PROJECT MANAGEMENT; STRATEGY SUPPORT; EVALUATION, COMMUNICATION AND ADVOCACY SUPPORT.
GLOBAL POLICY & ADVOCACY - ACTIVITIES TO CULTIVATE NEW STRATEGIC PARTNERSHIPS AND TO ENCOURAGE INCREASED PRIVATE FUNDING FOR GLOBAL HEALTH AND GLOBAL DEVELOPMENT IN THE US AND ABROAD; ACCELERATE PROGRESS TOWARDS SUSTAINABLE DEVELOPMENT GOALS; CONVENE GRANTEES TO PROMOTE COLLABORATION, IMPROVE PROGRAMS & STRENGTHEN THE GRANTEE NETWORK; SUPPORT GRANTEES IN DEVELOPING IMPACTFUL ADVOCACY AND COMMUNICATION STRATEGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Desmond-Hellmann Chief Executive Officer | 40 | $1,417,272 | |
Uchenna Amaonwu Dd, Strategy Plannin | 40 | $1,394,884 | |
Yinuo Li Director, China Prog | 40 | $1,331,880 | |
Joseph Cerrell Managing Director, G | 40 | $1,293,942 | |
Daniel Green Senior Advisor | 40 | $1,205,931 | |
Girindre Beeharry Senior Strategy Advi | 40 | $1,086,003 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Riz Consulting | 12/30/19 | $25,014,122 |
Mcking Consulting Corporation | 12/30/19 | $17,138,880 |
Ehealth Africa | 12/30/19 | $17,061,079 |
Slalom Llc | 12/30/19 | $15,423,705 |
Research Triangle Institute | 12/30/19 | $10,258,664 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,861,673,446 |
| Interest on Savings | $379,571 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,500,060 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,546,080 |
| Total Revenue | $5,860,099,037 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,592,077 |
| Other employee salaries and wages | $312,776,429 |
| Pension plans, employee benefits | $102,984,200 |
| Interest | $0 |
| Taxes | $1,741,462 |
| Depreciation | $32,372,631 |
| Occupancy | $14,150,168 |
| Travel, conferences, and meetings | $93,990,869 |
| Printing and publications | $1,381,420 |
| Other expenses | $37,623,734 |
| Total operating and administrative expenses | $1,093,426,437 |
| Contributions, gifts, grants paid | $4,198,645,023 |
| Total expenses and disbursements | $5,292,071,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,231,703 |
| Savings and temporary cash investments | $34,501,720 |
| Net Accounts receivable | $37,689,365 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,441,063 |
| Net Investments - land, buildings, equipment | $56,354,181 |
| Investments—mortgage loans | $0 |
| Investments—other | $49,766,946,167 |
| Net Land, buildings, and equipment | $557,033,803 |
| Other assets | $551,877,589 |
| Total assets | $51,038,075,591 |
| Accounts payable and accrued expenses | $131,206,876 |
| Grants payable | $7,747,310,490 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,878,517,366 |
Grants Awarded
Over the last fiscal year, Bill & Melinda Gates Foundation has awarded $7,354,479,343 in support to 4,740 organizations.
| Grant Recipient | Amount |
|---|---|
GAVI ALLIANCE PURPOSE: VACCINE DELIVERY | $315,000,000 |
Evanston, IL PURPOSE: POLIO | $300,000,000 |
GLOBAL FUND TO FIGHT AIDS TUBERCULOSIS AND MALARIA THE PURPOSE: GLOBAL FUND AND UNITAID INITIATIVES | $190,822,250 |
Atlanta, GA PURPOSE: DISCOVERY AND TRANSLATIONAL SCIENCES; ENTERIC AND DIARRHEAL DISEASES; MALARIA; MATERNAL, NEONATAL AND CHILD HEALTH; MNCH DISCOVERY AND TOOLS; NEGLECTED TROPICAL DISEASES; PNEUMONIA; VACCINE DEVELOPMENT | $152,350,000 |
Evanston, IL PURPOSE: POLIO | $100,000,000 |
GOVERNMENT OF THE FEDERAL REPUBLIC OF NIGERIA THE PURPOSE: GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS | $75,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bill & Melinda Gates Foundation has recieved totaling $90,622.
| Awarding Organization | Amount |
|---|---|
Bergerson Family Foundation Wayzata, MN PURPOSE: GENERAL CHARITABLE PURPOSES | $80,622 |
Rosenfeld Rumford Steckler Family Foundation Inc Chevy Chase, MD PURPOSE: EDUCATIONAL & TRAINING PROGRAM | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbia Lutheran Charities Astoria, OR | $179,724,242 | $148,283,851 |
Bezos Family Foundation Seattle, WA | $87,968,080 | $76,874,719 |
Raikes Foundation Seattle, WA | $130,888,939 | $34,246,583 |
James F And Marion L Miller Foundation Portland, OR | $158,876,388 | $13,440,871 |
Samis Foundation Seattle, WA | $94,569,987 | $11,606,495 |
The Russell Family Foundation Gig Harbor, WA | $150,979,015 | $6,860,810 |
Greg Carr Foundation Inc Idaho Falls, ID | $45,330,213 | $11,248,432 |
Holland M Ware Charitable Foundation Eagle, ID | $246,555,245 | $15,589,641 |
Helen E Snedden Foundation Fairbanks, AK | $9,152,347 | $5,394,499 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $107,759,492 | $3,709,897 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $103,349,007 | $2,819,850 |
Vatheuer Family Foundation Inc Hobart, WA | $35,751,175 | $3,774,819 |