Monday, January 26, 2026
News Upfront
  • Home
  • News
  • Sports
  • Environment
  • Health
  • Economy
  • Opinion
No Result
View All Result
News Upfront
Home AMA

Gates Foundation budget reaches $8.74B in 25th year, on track to meet $9B payout in 2026

Louvier Kindo Tombe by Louvier Kindo Tombe
January 17, 2025
in AMA
0
Gates Foundation budget reaches $8.74B in 25th year, on track to meet $9B payout in 2026
0
SHARES
96
VIEWS
Share on FacebookShare on Twitter

Milestone year kicks off with name and logo change; new Chief Communications Officer joins Executive Leadership Team

SEATTLE, USA, January 16, 2024 -/African Media Agency (AMA)/- At the start of the Gates Foundation’s 25th anniversary year, its governing board approved the largest budget in its history. The foundation will operate with a budget of US$8.74 billion in 2025 as it continues working toward a world where everyone, everywhere, deserves the chance to live a healthy, productive life. The budget is in line with the foundation’s commitment to reach overall annual distributions of US$9 billion next year.  

“Amid the greatest headwinds to health and development progress we’ve seen in a generation, this funding reflects our commitment to doing our part to reach people who will benefit most from innovations and programs that improve health and expand access to opportunity,” said CEO Mark Suzman.

The foundation’s spending will drive initiatives aimed at addressing the world’s greatest inequities, including by: 

  • Funding the delivery of life-saving tools to drive down maternal and child deaths and reduce the burden of infectious diseases 
  • Researching and developing the next generation of global health innovations 
  • Building economic power and agency among women and girls 
  • Providing increased opportunity and economic mobility for students in the United States 
  • Increasing climate resilience among smallholder farms 
  • Advocating for greater donor country investments for a fairer and more equitable future for all

In recognition of the legacies and contributions of Bill Gates, Bill Gates Sr., and Melinda French Gates, the foundation is rolling out a new name — the Gates Foundation. We also are introducing a new logo that reflects our unwavering commitment to support partners, communities and programs that are working to drive progress and improve lives around the world. 

Later this month, Alex Reid will join the foundation’s Executive Leadership Team (ELT) as chief communications officer (CCO). Reid brings extensive experience in strategic leadership communications, global advocacy, and social media campaigns, including previously leading the foundation’s Goalkeepers campaign. She returns to the foundation from Gates Ventures, where she led communications supporting key initiatives in energy, climate, health, and education. Reid takes on the role after CCO Susan Byrnes stepped down earlier this month after more than 17 years of service to the foundation. 

“At this pivotal moment in the foundation’s history, I am confident Alex’s experience, creativity, and energy will build upon the momentum of the [communications] division while charting a bold course into the next phase of our organization. In so doing, she will inspire pride in the foundation’s work across our teams and the thousands of partners who work tirelessly to create a more equitable world,” wrote Suzman in a post welcoming Reid back to the foundation.  

In February, June Yoshinari Davis, who currently serves as the foundation’s chief diversity, equity, and inclusion (DEI) officer overseeing the DEI strategy and DEI Center of Excellence, will become Chief People Officer (CPO). This new ELT role brings together the Human Resources and DEI areas of focus for the foundation. The role reflects the foundation’s ongoing commitment to ensuring DEI is core to how the foundation works together and with partners to achieve impact and achieve its mission. Yoshinari Davis takes on this new role following the departure of Sonia Vora, who served as Chief Human Resources Officer since 2022.

Distributed by African Media Agency (AMA) on behalf of The Gates Foundation.

About the Gates Foundation
Guided by the belief that every life has equal value, the Gates Foundation works to help all people lead healthy, productive lives. In developing countries, we work with partners to create impactful solutions so that people can take charge of their futures and achieve their full potential. In the United States, we aim to ensure that everyone—especially those with the fewest resources—has access to the opportunities needed to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Mark Suzman, under the direction of Bill Gates and our governing board.

The post Gates Foundation budget reaches $8.74B in 25th year, on track to meet $9B payout in 2026 appeared first on African Media Agency.

Previous Post

New Project will Help Djibouti Enhance Public Finance and Develop Digital Services

Next Post

Dr. Léa Paré Toé, researcher at the Health Sciences Research Institute and Target Malaria member, elevated to the rank of Knight of the Academic Palms

Related Posts

Libyan Islamic Bank modernise ses services bancaires aux particuliers avec Backbase
AMA

Libyan Islamic Bank modernise ses services bancaires aux particuliers avec Backbase

August 6, 2025
La Fondation Gates annonce un financement structurant pour ouvrir une nouvelle ère de la recherche sur la santé des femmes
AMA

La Fondation Gates annonce un financement structurant pour ouvrir une nouvelle ère de la recherche sur la santé des femmes

August 6, 2025
Libyan Islamic Bank modernizes consumer banking services with Backbase
AMA

Libyan Islamic Bank modernizes consumer banking services with Backbase

August 6, 2025
Gates Foundation Announces Catalytic Funding to Spark New Era of Women-Centered Research and Innovation
AMA

Gates Foundation Announces Catalytic Funding to Spark New Era of Women-Centered Research and Innovation

August 6, 2025
Africa Unveils Landmark Integrity & Equity Principles and Coordination Platform to Strengthen Carbon Markets
AMA

Africa Unveils Landmark Integrity & Equity Principles and Coordination Platform to Strengthen Carbon Markets

July 31, 2025
En République démocratique du Congo (RDC), réévaluer les incitations fiscales peut favoriser la croissance et l’équité
AMA

En République démocratique du Congo (RDC), réévaluer les incitations fiscales peut favoriser la croissance et l’équité

July 31, 2025
Next Post
Dr. Léa Paré Toé, researcher at the Health Sciences Research Institute and Target Malaria member, elevated to the rank of Knight of the Academic Palms

Dr. Léa Paré Toé, researcher at the Health Sciences Research Institute and Target Malaria member, elevated to the rank of Knight of the Academic Palms

BROWSE BY CATEGORIES

  • AMA
  • Business
  • ECONOMY
  • ENVIRONMENT
  • HEALTH
  • News
  • OPINION
  • Sports
  • Travel

BROWSE BY TOPICS

actualité Africa Alamine Ousmane Mey Anglophone Cameroon anglophone crisis Atanga Nji AWIM back to school Blondel Silenou CAMASEJ Cameroon Cameroon news Cameroun Camtel climate change Corona Virus Covid-19 DefyHateNow digital transformation Dion Ngute Elecam elections Fecafoot Gabon GDA Hon Agho Oliver Huawei ICT University IDPs Judith Yah Sunday Judith Yah Sunday Epse Achidi Minepat News Nigeria Pa Tom Paul Biya Paul Tasong PM Dion Ngute President Paul Biya prof Victor Mbarika UN UNDP UNICEF WPFD YIBS

Follow us on Social Media

POPULAR NEWS

  • Bafoussam: Health facility shuts down after personnel tests positive for Covid-19

    Bafoussam: Health facility shuts down after personnel tests positive for Covid-19

    32 shares
    Share 8 Tweet 0
  • Molyko-Buea: Corpse of 21-year-old girl found in Decomposing State

    26 shares
    Share 26 Tweet 0
  • Fon Commits to Dissolve Seperatist Fighters From Territory

    0 shares
    Share 0 Tweet 0
  • Yaounde: Bafanji community raises over 29 MFCFA for Fon’s palace reconstruction project

    8 shares
    Share 0 Tweet 0
  • COVID-19, Poisoning or Road Accident: What killed Prophet Frankline Ndifor?

    16 shares
    Share 16 Tweet 0

Recent News

  • Kedjom Keku heritage honoured at Buea Public Museum
  • Kebenkendong 2025: where music, tradition, and homecoming meet
  • “Silence is survival”: travelling home through Cameroon’s Anglophone fear corridor

Category

  • AMA
  • Business
  • ECONOMY
  • ENVIRONMENT
  • HEALTH
  • News
  • OPINION
  • Sports
  • Travel
  • Cart
  • Checkout
  • Contact
  • Environment
  • Farmpower encourages aspiring farmers on modern farming techniques for commercial benefits
  • Log In
  • Member Directory
  • My Account
  • My account
  • My Profile
  • News Upfront – We Break Beyond the Breaking News
  • PAP party gives self a pass mark for the past one year
  • Reset Password
  • Shop
  • Sign Up

© 2020 News Upfront - Website Designed by SoftestWeb Inc.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • Sports
  • Environment
  • Health
  • Economy
  • Opinion

© 2020 News Upfront - Website Designed by SoftestWeb Inc.