Does The Bill & Melinda Gates Foundation have too much power and influence?
It’s a question the foundation’s CEO Mark Suzman raised in its annual letter released Tuesday that outlines the organization’s priorities and announces its budget for the coming year. With $8.3 billion to give away in 2023, the Gates Foundation is the largest private philanthropic donor. And with an endowment of more than $70 billion, its spending power is likely to continue for many decades.
When asked in an interview with The Associated Press what he thought the answer to that question was, Suzman said, “No.” …
Others disagree, including researchers who have followed the foundation’s funding for education in the U.S., its weight in international global health organizations and its approach toward the agriculture of small-holder farmers around the world.
[If you have to ask the question, it pretty much means the answer is yes. The Associated Press report seems to lean in that direction, too. — Ed]
Join the conversation as a VIP Member