Bill and Melinda Gates Foundation

Topics: Non-profit organization, Bill & Melinda Gates Foundation, World Health Organization Pages: 5 (1492 words) Published: April 15, 2013
Bill and Melinda Gates Foundation

Non-profit Organizations exists for focusing and promoting public benefits or educational or charitable reasons, from whose shareholders or trustees do not benefit financially. Generally, large non-profit organization receive important revenue from the services they provide. The money they received is used for its own expense, operations, and programs on their mission. Non-profit organizations generally fall into one of these general categories of activities:

The structure of non-profit organization will depend on the amount of human and financial resources that are available. A world-wide well-known non-profit organization such as Red Cross ,World Vision and World Health Organization may have formal structure, plenty volunteers and fundraising resources they need for rasing charity funds and fulfilling their mission. However, some non profit organization may often enjoy alliances with other organizations or commercial business as it may offers benefits to both organizations in which charitable giving is facilitated. A result of the increasing competition for funding and to earn money to fulfil their mission, Non-profit organizations have adopt business-like techniques. Marketing has been adopted by non-profit organizations as one of many operational areas in which consumer-centered or market-oriented philosophy have been applied since the work of non-profit organization is to maintain their services which typically not provided by the government or profit sector. The marketing concept may embrace what they actually wants and needs from the donor or customer on the mission.

COMPANY/ORGANIZATION PROFILE - Bill and Melinda Gates Foundation Founded in 1994, B&MGF or the Gates foundation is the largest transparently operated private foundation in the world which its office operated in U.S, India, China and U.K. The primary aims of the foundation are globally to enhance healthcare and reduce extreme poverty and in America, to expand educational opportunities and access to information technology. The foundation headquarters based in Seattle, U.S is controlled by three trustees: Bill Gates, Melinda Gates and Warren Buffett. Guided by the belief that every life has equal value, Gates Foundation have work with partner organizations worldwide in 4 grantmaking areas: Global Development Program, Global Health Program, United States Program and global policy and advocacy. The global Development Division works to help the world’s poorest people lift themselves out of hunger and poverty, the global Health Division aims to harness advances in science and technology to save lives in developing countries. The United States Division works to improve U.S. high school and postsecondary education and support vulnerable children and families in Washington State. The last, Global Policy & Advocacy Division seeks to build strategic relationships and promote policies that will help advance their work. Gates Foundation approach to grantmaking in all four areas emphasizes collaboration, innovation, risk-taking, and, most importantly, results. The Gates Foundation has quickly become a major influence upon global health with the approximately US$800 million that the foundation gives every year for global health apporaches the annual budget of the United Nation World Health Organization. It identify challenges on a global level and help to scale solutions to a local level.

PRESENTATION OF PERFORMANCE OF THE COMPANY/ORGANIZATION AND THE STRATEGY By the end of 2012, the number of foundation employees is 1,116 employees with the asset trust endowment: $36.4 billion and grant payments since inception: $26,1 billion, the foundation had supports grantees in all 50 states in U.S and district of Columbia and their work support in more than 100 countries. Gates...
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