I haven't studied Gates foundation much. I'm sure there are bad projects in it. And I don't think it's amazing that Gates is doing that. And if it's real good charity I think it's the minimum that he should do, given that I think Microsoft is responsible for slowing down human progress over the past 30 years, not speeding it up. If Windows 95 was free and open source or Linux based in 1995, our civilisation would have sent astronauts on the moon by now and all the worlds problems of wars and starvation would have been resolved by now.
Here are some numbers, if some are true, it's got to not only be bad:
- The $1.2 billion spent by the foundation in 2007 on global health alone rivaled the World Health Organization’s entire annual budget (some of which is, not coincidentally, itself provided by the Gates foundation).
- Three quarters of global health funding went to “HIV/AIDS, malaria, vaccine-preventable diseases, child health,
tuberculosis, and other tropical diseases and neglected diseases.”
- The 1094 grants issued from 1998 to 2007 ranged from $3,500 to $750 billion.
- Twenty organizations shared 65 percent of the foundation’s global health funding.
- As a whole, NGOs and nonprofits got $3.3 billion while Universities got $1.8 billion. The rest went to other organizations and governments.
- Administrative expenses totaled $264 million in 2007.