2. INTRODUCTION
The social entrepreneur we are featuring is Bill Gates.
In this presentation, we focus on the Bill and Melinda Gates
Foundation's contributions to improve global development through
the Foundation’s Global Development Programme.
Poverty is defined as the state or condition of having little or no
money, goods, or means of support.
3. SOCIAL ENTREPRENEUR – BILL GATES
William (Bill) Henry Gates III is chairman of Microsoft Corporation.
Gates left Harvard in his junior year to devote his energies to Microsoft,
company he had founded in 1975 with his childhood friend.
On June 27, 2008, Gates transitioned out of a day-to-day role in the company
to spend more time on his global health and education work at the Bill &
Melinda Gates Foundation. He continues to serve as Microsoft's chairman and
as an advisor on key development projects.
Gates was married on Jan. 1, 1994, to Melinda French Gates (who is also part of
the Foundation). They have three children.
4. WHAT IS THE
ABOUT?
Based on the core belief that ‘All Lives Have
Equal Value’, the Foundation aims to
improve global development, global health
and offer educational opportunities in the
United States through donations and grants.
The Foundation's mission in its Global
Development Program (which aids in
fighting poverty) is to increase opportunities
for people in developing countries to
overcome hunger and poverty and it focuses
on agricultural development, financial
services for the poor, water, sanitation and
hygiene, policy and advocacy. Furthermore it
has special initiatives with regard to poverty.
5. HISTORY OF THE VENTURE
Started in 1994 as the William H. Gates Foundation,
this venture was renamed to the Bill and Melinda
Gates Foundation in 1999.
In 2000, the Bill and Melinda Gates Foundation
merged with the Gates Learning Foundation, after
which Bill Gates contributed US$126 million. In the
following years, funding increased to US$2 billion.
In 2006, Warren Buffett pledged to contribute 10
million Berkshire Hathaway Class B shares over
several years. This donation effectively doubled the
Foundation’s annual giving.
In 2009, the Foundation had an endowment of
$US33.5 billion.
6. IMPACT OF THE VENTURE
Since making its first global health grant in
1998, the Gates Foundation has helped save
the lives of more than 670,000 children in
the developing world through its support of
an aggressive vaccination program.
• The Foundation has invested US$732,000 to
create a business plan to provide Internet
access in public libraries across Botswana.
• It has also given US$13.5 million to
International Development Technologies for
the development of irrigation, to aid farming.
7. IMPACT OF THE VENTURE
The Bill and Melinda Gates
Foundation has allocated US$60
million to promoting and providing
clean water, as well as sanitation
facilities, for the severely
impoverished in developing
countries.
It has also contributed US$30 million
to the UN Foundation to aid in the
growth of crops, which farmers need
to sustain their existence.
8. References
35 Who Made a Difference: Bill Gates
www.smithsonianmag.com/people-places/gates.html
Bill and Melinda Gates Foundation
www.gatesfoundation.org
Photograph of Bill and Melinda Gates
www.bornrich.com/bill-melinda-gates-foundation1.html
Information on Bill Gates www.microsoft.com/presspass/exec/billg/?
tab=biography
9. Credits
33RD COMPANY SINGAPORE
SSG JUSTIN TAY
SSG JEREMY TEO
SSG YEE ZHUAN JIN
SSG MAXIMILIAN WALLACE TAN
SSG CHIA HAO KAI
SSG LO TING HIM
