Melinda French Gates ' has a long history of supporting the women's movement, but it's her new eye-popping funding commitments that could finally change women's groups' long-running lament that less than 2% of philanthropic giving in the United States directly benefits women and girls.
That 2% ceiling could be broken thanks to French Gates' $1 billion commitment announced Tuesday and the momentum generated if others join her, said Jacqueline Ackerman, interim director of the Women's Philanthropy Institute at the Indiana University Lilly Family School of Philanthropy. The institute has researched giving to women and girls since 2019 and found that while the overall amount has increased over the years, it's never exceeded 2% of overall charitable dollars. In 2020, the most recent year of WPI's analysis, women and girls received $8.8 billion out of a total $471.4 billion given to charities overall.
''One donor does have the potential to make a difference," Ackerman said. ''But for that to be sustained long term, for that to change the numbers for more than just 1 or 2 years, you really do have to inspire others and be part of a movement.
French Gates has been a philanthropist for decades, as a co-founder of the Bill & Melinda Gates Foundation twenty years ago and then, with the organization she founded in 2015, Pivotal Ventures. Ackerman said her philanthropy follows many trends of the way women give in that they are more likely to use all of their resources, including philanthropic giving, building a strong network, advocating for the causes they care about publicly, and, in French Gates' case, for-profit investments.
''Melinda French Gates has used tools like collaborative giving in the past, has used her voice and her network, and her platform to advocate for women and girls," Ackerman said. ''And so, there's every indication that she knows this and that she does intend to use her platform to spur more giving by others.''
Earlier this month, French Gates announced she would leave the Gates Foundation and as part of that departure, received $12 billion from Bill Gates, the billionaire co-founder of Microsoft and her ex-husband, for her philanthropy going forward.
The Associated Press receives financial support for news coverage in Africa from the Bill & Melinda Gates Foundation and for news coverage of women in the workforce and state governments from Pivotal Ventures. The Gates Foundation also provides funding to the Women's Philanthropy Institute.
French Gates' latest pledge to spend $1 billion by the end of 2026 builds on previous major commitments and now years of funding organizations who work across a range of issues related to women and girls. French Gates has funded the organization Crystal Echo Hawk founded, IllumiNative, which supports the power of Native Americans through movement building and research.