Monday, July 26, 2021
400 July

Pension 1500 gif

Shaheed 50 lakh gif

Kisan Karza 5.64 lakh gif

Kisan 48 hours gif

Ashirwad 51000 gif

Markfed New Gif

Innocent Admission

Bill, Melinda Gates may not run foundation together after 2 years

- Advertisement -

Washington, July 8, 2021- Melinda French Gates will resign from her position as co-chair and trustee at Gates Foundation after two years, if either she or Bill Gates find they are unable to continue to work constructively together, the philanthropy has said.

Bill and Melinda decided to part ways last month after 27 years of their marriage, terming it as “irretrievably broken”.

In their divorce announcement in May, Bill and Melinda fully committed to continuing to work together at the foundation to advance its programme and policy objectives.

However, to ensure the continuity of the foundation’s work “if after two years either decides they cannot continue to work together as co-chairs, French Gates will resign her position as co-chair and trustee,” said a statement from the philanthropy on Wednesday.

“In such a case, French Gates would receive personal resources from Gates for her philanthropic work. These resources would be completely separate from the foundation’s endowment, which would not be affected,” the statement added.

Further, Bill and Melinda also committed $15 billion in new resources to the foundation to continue its work to fight poverty, disease, and inequity in the US and around the world, Bill and Melinda Gates Foundation CEO Mark Suzman announced on Wednesday.

The foundation will expand the number of trustees to add diversity of perspectives, strengthen governance, she added.

“These governance changes bring more diverse perspectives and experience to the foundation’s leadership. I believe deeply in the foundation’s mission and remain fully committed as co-chair to its work,” French Gates said.

The Foundation recently focused its efforts on combating the Covid, donating $250 million toward the development of vaccines and other treatments in 2020. Last month, the foundation also committed $2.1 billion over the next five years toward women’s economic empowerment, health, and leadership, the Verge reported.  (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Attack on Chinese in Pakistan

Who is behind the attack on Chinese in Pakistan – by Amjad Ayub Mirza

The deadly attack, carried out on July 15, on a coach carrying Chinese engineers to an under-construction tunnel site at the 4300 MW Dasu...

Coexistence, a unifying factor for Indians – by Asad Mirza

For most political parties, sociologists and psephologists what a common Indian on the street thinks matters most. It is an insight into a common...
Taliban Afghanistan

Taliban’s Next Stop: Kabul, Kashmir and Kerala – by Amjad Ayub Mirza

The speedy advance of the Taliban from northern Afghanistan to Kabul in the eastern section of the country could not have been achieved without...


Health & Fitness

Diabetes Check

Covid-19 may bring a new wave of diabetes: Study

New York, July 24, 2021- While diabetes is known to be a risk factor for severe Covid outcomes, researchers are now observing a new long-term health concern in patients hospitalised with Covid-19 -- an increase in new-onset hyperglycemia, or high levels of blood sugar lasting months after the infection. Researchers from the Boston Children's Hospital assessed the health of 551...

Gadgets & Tech

error: Content is protected !!