The Gates Foundation enters its 25th year with a new name and a record budget. Formerly the Bill & Melinda Gates Foundation, the world’s largest development-focused foundation is now. The Bill & Melinda Gates Foundation will change its name to the Gates Foundation after French Gates’ departure as a way to “honor Bill Sr.’s legacy and Melinda’s. The additional funds come as French Gates announced Monday that she was stepping down as co-chair of the Gates Foundation, which she founded together with her ex-husband Bill Gates.
The additional funds come as French Gates announced Monday that she was stepping down as co-chair of the Gates Foundation, which she founded together with her ex-husband Bill Gates. The Bill and Melinda Gates Foundation will now be known as the Gates Foundation. Organization leaders say the change honors the legacy of Bill Gates, Melinda French Gates, and Bill...