—— Charity now is not just as simple as donating money. As the largest foundation in the United States, Gates, who has retired to the second line, has managed it with a savvy business acumen. chinese machining companies
Gates and his wife once said that they would donate 95% of their total wealth in their lives.
The Bill & Melinda Gates Foundation is a merger of the Gates Education Foundation and the William Gates Foundation.
From the foundation of the Foundation in 1994, as of the end of March 2006, the total amount of foundation donations has reached more than US$10 billion, half of which is devoted to global health, and one quarter to education. chinese machining companies
But what they did was not just paying out. The Bill and Melinda Gates Foundation is different from simple donors, but Carnegie’s implementation of modern charity concepts. It looks at charity from the perspective of “investment”: the donor group must achieve the desired goal.
Gates and his wife made several investment principles for the assets investment of the foundation: First, if the business is considered to be “evil”, then no investment is allowed, such as tobacco companies. The Bill Gates couple has explicitly prohibited the investment in tobacco companies under any circumstances. Second, do not invest in companies that constitute a conflict of interest with either or both of Bill Gates.
The foundation conducts regular assessments as the basis for the next donation. In order for his donation to truly benefit the poor, Gates and his wife carefully manage every external donation from the foundation.
Funding for foundation funds is also the focus of Bill and Melinda. The Bill and Melinda Gates Foundation’s mode of operation is: a reasonable investment – high returns – part of the proceeds for charity, residual income and principal investment continue to invest.
Huge sums of capital combined with reasonable investment can enable the foundation to survive and develop. The Gates Fund periodically publishes its stocks, funds and all other investment products on the Internet. chinese machining companies
According to the requirements of the US Securities Regulatory Commission, each quarter will report their own investment positions to the US Securities Regulatory Commission. The public can also find out on the SEC website.
Bill is a person who advocates diversified risks and balanced investment. The Bill and Melinda Gates Foundation also implements Bill’s investment philosophy.
The foundation’s investment is known as “diversity” and “conservativeness”. Some funds of the foundation also use the hands of professional managers to invest in the Chinese stock market through QFII. Micro Signal: Lean Production Promotion Center.
In the entire project invested by the Bill and Melinda Gates Foundation, more than 6.43 billion U.S. dollars were invested in short-term investment projects, 21 billion U.S. dollars were invested in bonds, cash, and other projects, and 5.24 billion were invested in stocks. Dollars. chinese machining companies
Bill Gates personally served as the co-chairman of the foundation and spent more effort to supervise the foundation’s outbound investment and donations, especially after Bill Gates gradually retired to the second line at Microsoft, in terms of specific asset management. Guided advice.
According to reports, according to Gates’s wish, the Foundation’s assets will be donated within 50 years after the Gates’s death, so that more people can be donated continuously.
Smart management strategies and a long-term vision have made Gates set off a charitable revolution in the charity community that is as great as Microsoft itself. chinese machining companies