Monday, May 11, 2009

Bill & Melinda Gates Foundation

Near the end of last week there was a great deal of chatter about the transparency of the Bill & Melinda Gates Foundation.

In an editorial, The Lancet medical journal accuses the Foundation of making too many gifts in “rich nations” and not focusing on their mission to help those with life-threatening health needs.

Transparency is crucial in nonprofit management, fundraising and especially grantmaking. Below is one of many articles written on this recent news. Grant writers need to be “in the know” about this type of information whether you have been awarded funding from the Gates Foundation or not.

Pudget Sound Business Journal: Medical journal scolds Gates Foundation

It is these displays of public attention that ultimately lead to changes in the way the nonprofit world functions and how grantmakers and grantees remain accountable to each other.

Get Savvy: Read the article and the comments for a snapshot of how others in our field are reacting. Then, “Google” your way to finding more articles, blogs and responses to this event. The discussions are enlightening and emotional.

It is also worth checking out the information on the Gates Foundation website and Press Room.

~Cheers!

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