The Gates Foundation's $540 Million Gamble: Philanthropy Fills the Void Left by Federal Retreat The federal government's decline in funding for scientific research, clean energy initiatives, social services, and education has created a void that philanthropic organizations are increasingly filling.
No organization has been more instrumental in this effort than the Bill and Melinda Gates Foundation.
A recent example of this trend is the $540 million gift from the Gates Foundation to the Institute for Health Metrics and Evaluation (IHME) at the University of Washington.