Vox: The surprising strategy behind the Gates Foundation’s success
“Over the first 20 years of its existence, the Bill and Melinda Gates Foundation spent $53.8 billion on its various programs, the Gateses announced in their annual letter for 2020. The large majority of that spending, about $39.8 billion, went to global development and global health programs. This is an impressive sum, one that solidifies the foundation as by far the most prolific giver in all of American philanthropy. … But the 2020 annual letter doesn’t just rattle off statistics. It delves into the strategy behind their giving, which is important for understanding everything the Gateses have done to this point…” (Matthews, 2/11).