Bill & Melinda Gates Foundation The Gates Foundation received 5% (500,000) of the shares in July 2006 and will receive 5% of the "remaining" earmarked shares in the July of each following year (475,000 in 2007, 451,250 in 2008). In July 2018, Buffet announced another donation of his company's Class B stock, this time worth $2 billion, to the Gates Foundation. To maintain its status as a charitable foundation, the Bill & Melinda Gates Foundation must donate funds equal to at least 5 percent of its assets each year. As of April 2014, the foundation is organized into four program areas under chief executive officer
Bill & Melinda Gates Foundation spend more of their budgets on public health than on wars, that the foundation has donated at least $70 million to help improve nutrition and agriculture in Africa, in addition to its disease-related initiatives and that it is studying ways to improve the delivery of health care in Africa. Both insiders and external critics have suggested that there is too much deference to Bill Gates's personal views within the Gates Foundation, insufficient internal debate, and pervasive "group think." Critics also complain that Gates Foundation grants are often awarded based on social connections and ideological allegiances rather than based on formal