Gender equality has been a long-standing priority for Melinda Gates which is why she pledged $1 billion
On Wednesday morning, Melinda Gates announced that she is pledging $1 billion to promote gender equality in the U.S. over the next 10 years. Gender equality has been a long-standing priority for Gates, and one she has supported through the Bill and Melinda Gates Foundation and Pivotal Ventures, the investment and incubation company she founded in 2015.
Through Pivotal Ventures, Gates and her team will use the $1 billion to identify and fund organizations and policy makers committed to the three priorities. That will include organizations that do a number of things, like fighting against workplace sexual harassment and discrimination, dismantling barriers that hold women back from achieving leadership positions, increasing representation of women in traditionally male-dominated industries and pressuring institutions to reform.
“$1 billion is a lot of money, but I also recognize that it’s only a small fraction of what’s necessary,” she wrote in athat announced her pledge, “That’s why I hope the financial commitment I’m making today is seen as both a vote of confidence in the experts and advocates who are already working on these issues—and an invitation for others to join the cause and make commitments of their own. Equality can’t wait, and no one in a position to act should either.
expand women’s power and influence in society. I think of power and influence as the ability to make decisions, control resources, and shape perspectives,” she wrote, “It is something women exercise in their homes, in their workplaces, and in their communities.” While “power” and “influence” are descriptions not usually attributed to women, she said that they are the best way to explain the power disparity between men and women.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Gates on his crazy early days at Microsoft: We ate powdered orange Tang instead of stopping for mealsDuring Microsoft's early years, Gates was sometimes too focused to stop for meals, so he licked orange Tang (the powered drink mix NASA famously used in space) off his fingers for energy. 'I loved being fanatic. Eventually I reveled in it. I didn't believe in weekends, I didn't believe in vacation,' Gates says in Netflix's documentary series, 'Inside Bill's Brain.'
Read more »
Yours for $1 billion only: the glamor of the London RitzThe owners of London's Ritz hotel, a haven for royals, statesmen and movie ...
Read more »
Feds are combing through 'voluminous' evidence after seizing $1 billion worth of cocaine on a JPMorgan-owned ship this summer | Markets InsiderFederal authorities are combing through 'voluminous' evidence after seizing $1 billion worth of cocaine from a ship owned by JPMorgan this summer. A Penns...
Read more »
US lags other countries in funding programs to promote gender equality at workThe U.S. lags behind other countries in funding programs to promote gender equality at work. (via CNBCMakeIt)
Read more »
French billionaire Bernard Arnault just made $5 billion in less than 48 hours. Here's how the world's third-richest person makes and spends his $99 billion fortune.French billionaire Bernard Arnault just made $5 billion in less than 48 hours. Here's how the world's third-richest person makes and spends his $99 billion fortune
Read more »
Bernard Arnault’s Net Worth Surges By $5.1 Billion After LVMH Sales Jump 17%Europe’s richest person, and the third-richest person on the planet, is now roughly $6 billion away from overtaking No. 2 Bill Gates.
Read more »