LETTER FROM THE CEO
I am pleased to share the Bill & Melinda Gates Foundation’s 2014 Annual Report with our friends and partners. Our complete audited financial statements are available on gatesfoundation.org.
This is the year we celebrate the 15th anniversary of our work as a foundation. We are deeply proud of all that we and our partners have achieved so far, and mindful of the great challenges that still lie before us.
To meet those challenges, we know we must be responsible stewards of the financial resources with which we have been entrusted. This report is intended to give you a clear and accurate picture of our ongoing efforts to carry out that stewardship.
The reason why this is so important to us is that we know where we want our money to go:
- Ensuring more children and young people survive and thrive.
- Empowering the poorest, especially women and girls, to transform their lives.
- Combatting infectious diseases that particularly affect the poorest.
- Inspiring people to take action to change the world.
By taking good care of the money vouchsafed to us, we can ensure that as much of it as possible goes toward these missions—toward fulfilling our shared vision of a world in which all people have the chance to live a healthy and productive life.
It is an honor to do this work, and to join forces in this cause with outstanding partners across the United States and worldwide. To all of you, I extend my deepest thanks.
Sue Desmond-Hellmann, MD, MPH
Chief Executive Officer
Bill & Melinda Gates Foundation
2014 Funding Areas
For the Year ended December 31, 2014. Amounts in thousands of U.S. dollars.
Total Direct Grant Support Summary by Strategy
* Numbers include grants and direct charitable expenses (DCE), but do not include PRIs.
** Amount does not include advocacy and policy spending specific to individual strategies.