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HomebusinessMelinda French Gates Launches $250 Million Fund— Apply

Melinda French Gates Launches $250 Million Fund— Apply


In Could, Melinda French Gates resigned as co-chair of the Invoice and Melinda Gates Basis and introduced that she was dedicating $1 billion over the following two years to ladies’s organizations.

On Wednesday, a part of that imaginative and prescient unfolded — French Gates launched Motion for Ladies’s Well being, a $250 million fund for non-profits supporting ladies’s psychological and bodily well being throughout the globe.

“Ladies’s well being continues to be an afterthought, and it is impacting the well being of our households, our communities, our economies,” French Gates stated in a promotional video for the fund. “Fortunately there are such a lot of superb organizations world wide working to alter that.”

Melinda French Gates. Photograph by Taylor Hill/FilmMagic

Motion for Ladies’s Well being will assist fund grassroots organizations tackling ladies’s well being points, French Gates defined. Every awardee will obtain between $1 million and $5 million and bear a number of rounds of evaluate earlier than securing the funding. Winners shall be introduced by the top of subsequent 12 months.

Associated: Melinda French Gates Reveals Her Subsequent Transfer After Leaving Gates Basis: ‘Set Your Personal Agenda or Somebody Else Will Set It For You’

Here is what the fund is searching for and how one can apply.

Who Ought to Apply

Candidates should give attention to ladies’s psychological or bodily well being and meet 4 standards: Be impactful, scalable, equitable, and possible.

Influence, for instance, is measured by the non-profit’s demonstrated contributions. A rating of 1 can be no contributions and an ineffective, impractical strategy whereas a rating of 5 can be earned by way of examples of contributions, and an strategy with confirmed effectiveness.

An organizational readiness instrument is offered to assist candidates assess in the event that they meet the necessities. The shape goes by way of standards like who can apply — people, for-profits, LLCs, and B-Corps aren’t eligible.

It additionally asks if the non-profit’s central focus is ladies’s psychological or bodily well being and if they’ve a minimum of two years of audited monetary information, along with different questions.

Apply

Motion for Ladies’s Well being is now accepting purposes, due by January 10, 2025. Organizations need to register their intent to use by December 3, 2024.

Associated: Melinda French Gates Says This Mindset Hack Helped Her Overcome Imposter Syndrome

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