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Melinda French Gates Launches $250 Million Fund—Easy methods to Apply


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 Girls’s Well being, a $250 million fund for non-profits supporting girls’s psychological and bodily well being throughout the globe.

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

Melinda French Gates. Picture by Taylor Hill/FilmMagic

Motion for Girls’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 bear a number of rounds of assessment earlier than securing the funding. Winners shall be introduced by the top of subsequent yr.

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

This is what the fund is on the lookout for and 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 method whereas a rating of 5 could be earned via examples of contributions, and an method with confirmed effectiveness.

An organizational readiness instrument is out there to assist candidates assess in the event that they meet the necessities. The shape goes via standards like who can apply — people, for-profits, LLCs, and B-Corps usually are not eligible.

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

Easy methods to Apply

Motion for Girls’s Well being is now accepting functions, due by January 10, 2025. Organizations must 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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