Gates Foundation’s focus shifts from grants to impact investing

Image Credit: Philos Capital

In common with other foundations, the Bill and Melinda Gates Foundation is increasingly making direct equity investments rather than awarding grants in firms that can help the foundation achieve its goals.  While such an approach is still only one of several used by the $43,5 billion foundation, the size of the direct investment program has more than tripled since it began in 2009 and now has $1.5 billion available for loans, equity investments and volume guarantees.

Read more at the New York Times…

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