Bill Gates assets reportedly valued at more than $34.6 billion. The Foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust. Gates has credited the generosity and extensive philanthropy of David Rockefeller as a major influence. Gates and his father met with Rockefeller several times, and their charity work is partly modeled on the Rockefeller family's philanthropic focus, whereby they are interested in tackling the global problems that are ignored by governments and other organizations. , Bill and Melinda Gates were the second-most generous philanthropists in America, having
Bill & Melinda Gates Foundation principal officers include Co-Chair William H. Gates, Sr. and Chief Executive Officer Susan Desmond-Hellmann. It had an endowment of $50.7 billion . The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthropy, though the foundation itself notes that the philanthropic role has limitations. In 2007, its founders were ranked as the second most generous philanthropists in the US, and Warren Buffett the first. As of May 16, 2013, Bill Gates had donated $28 billion to the foundation. Since its founding, the foundation has endowed and