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Melinda French Gates Launches $250 Million Fund—How to Apply

October 10, 2024
in NFT
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In Could, Melinda French Gates resigned as co-chair of the Invoice and Melinda Gates Basis and introduced that she was dedicating $1 billion over the subsequent two years to girls’s organizations.

On Wednesday, a part of that imaginative and prescient unfolded — French Gates launched Motion for Ladies’s Well being, a $250 million fund for non-profits supporting girls’s psychological and bodily well being throughout the globe.

“Ladies’s well being continues to be an afterthought, and it is impacting the well being of our households, our communities, our economies,” French Gates stated in a promotional video for the fund. “Fortunately there are such a lot of superb organizations all over the world working to vary that.”

Melinda French Gates. Photograph by Taylor Hill/FilmMagic

Motion for Ladies’s Well being will assist fund grassroots organizations tackling girls’s well being points, French Gates defined. Every awardee will obtain between $1 million and $5 million and endure a number of rounds of evaluate earlier than securing the funding. Winners can be introduced by the tip of subsequent 12 months.

Associated: Melinda French Gates Reveals Her Subsequent Transfer After Leaving Gates Basis: ‘Set Your Personal Agenda or Somebody Else Will Set It For You’

Here is what the fund is searching for and methods to apply.

Who Ought to Apply

Candidates should give attention to girls’s psychological or bodily well being and meet 4 standards: Be impactful, scalable, equitable, and possible.

Affect, for instance, is measured by the non-profit’s demonstrated contributions. A rating of 1 could be no contributions and an ineffective, impractical strategy whereas a rating of 5 could be earned by way of examples of contributions, and an strategy with confirmed effectiveness.

An organizational readiness device is offered to assist candidates assess in the event that they meet the necessities. The shape goes by way of standards like who can apply — people, for-profits, LLCs, and B-Corps should not eligible.

It additionally asks if the non-profit’s central focus is girls’s psychological or bodily well being and if they’ve at the very least two years of audited monetary data, along with different questions.

Easy methods to Apply

Motion for Ladies’s Well being is now accepting purposes, due by January 10, 2025. Organizations should register their intent to use by December 3, 2024.

Associated: Melinda French Gates Says This Mindset Hack Helped Her Overcome Imposter Syndrome



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