Second Largest Charitable foundation in the World : Bill & Melinda Gates Foundation

50% donation in Bill Gates and Mandela Gates Foundation belongs to Warren Buffet, Warren Buffet has donated 2.85 lakh crore rupees to Bill and Mandela Gates Foundation since 2006.

Headquarters:- seattle, Washington, U.S.

The Bill & Melinda Gates Foundation (BMGF), a merging of the William H. Gates Foundation and the Gates Learning Foundation, is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported as of 2020 to be the second largest charitable foundation in the world, holding $49.8 billion in assets.On his 43rd birthday, Bill Gates gave the foundation $1 billion. The primary stated goals of the foundation are to enhance healthcare and reduce extreme poverty across the world, and to expand educational opportunities and access to information technology in the U.S. Key individuals of the foundation include Bill Gates, Melinda French Gates, Warren Buffett, chief executive officer Mark Suzman,and Michael Larson.

The BMGF had an endowment of approximately $50 billion as of December 31, 2020.The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthropy,though the foundation itself notes that the philanthropic role has limitations.In 2007, its founders were ranked as the second most generous philanthropists in the U.S., behind Warren Buffett. As of 2018, Bill Gates and Melinda French Gates had donated around $36 billion to the foundation. Since its founding, the foundation has endowed and supported a broad range of social, health, and education developments, including the establishment of the Gates Cambridge Scholarships at Cambridge University.

🏆Awards🗞

🎖In 2006, the foundation won the Prince of Asturias Award for International Cooperation.

🎖In 2007, then-President of India Pratibha Devisingh Patil presented the Indira Gandhi Prize for Peace, Disarmament and Development to the Bill & Melinda Gates Foundation.

🎖In recognition of the foundation's philanthropic activities in India, Bill and Melinda Gates jointly received India's third highest civilian honor Padma Bhushan in 2015.

🎖On November 22, 2016, President Barack Obama honored Bill and Melinda Gates with The Presidential Medal of Freedom for their philanthropic efforts.