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...Bill and Melinda Gates, backed by more than $30 billion of their own funds and an additional $31 billion of Warren Buffett's, can do the same. Like the Rockefeller Foundation, the Gates Foundation rightly looks to technology for the breakthroughs that can end extreme poverty on a global basis. Its original focus has been on health technologies, but now the foundation is expanding to agriculture, water and other areas that are also critical in the fight against poverty...

Author: /time Magazine | Title: Why We Should Share the Wealth | 5/10/2007 | See Source »

...course, Bill and Melinda Gates are not alone in contemporary transformative philanthropy. George Soros' support for brave truth tellers in Central Europe and the former Soviet Union helped catalyze the peaceful end of communism. The Google guys, Larry Page and Sergey Brin, are out to prove how information technologies can bring about major change. They have recently posted satellite imagery of Darfur, Sudan, in order to raise awareness and technical support for solutions in that violence-ravaged region. The dynamism of social entrepreneurship makes a mockery, alas, of our political leadership. The Gateses, Buffett, Soros, Page and Brin have left...

Author: /time Magazine | Title: Why We Should Share the Wealth | 5/10/2007 | See Source »

...When Melinda Gates listens, she leans in toward the speaker with rapt concentration, her eyes wide open, drinking in information. If she's visiting high school classrooms, as she was last month in Chicago, she doesn't hesitate to crouch down, in her heels and navy blue pantsuit, to get on eye level with a seated student and patiently ask questions. What she listens for are answers to some of the most vexing questions in public education: What does it take to turn a failing, urban high school into one that prepares students for higher education? How do you engage...

Author: /time Magazine | Title: On a Listening Tour with Melinda Gates | 5/8/2007 | See Source »

...Gates was in town to visit three high schools in the city's South Side, and check up on an investment. Since 2000, the Bill and Melinda Gates Foundation has spent $66 million to improve Chicago schools, including $21 million last year alone on the city's new High School Transformation program. Two of the three schools on the day's agenda had embarked on this transformation...

Author: /time Magazine | Title: On a Listening Tour with Melinda Gates | 5/8/2007 | See Source »

...students, the rate is closer to 50%. For decades, school districts obscured the hemorrhaging with sleight of hand--using misleading formulas to calculate graduation rates and not bothering to track the kids who fell through the cracks. Getting a more honest accounting became a top priority for the Bill & Melinda Gates Foundation, which was instrumental in persuading the Governors of all 50 states to agree in 2005 to start measuring graduation rates in a fair and consistent way. Ask Melinda Gates to name the foundation's top achievement in education so far, and she doesn't hesitate to answer, "Getting...

Author: /time Magazine | Title: Stopping the Dropout Exodus | 5/3/2007 | See Source »

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