Commentary: A New Year'S Reflection on Philanthropy

"This moment requires charitable spending and big bets," philanthropist Melinda Gates writes in an op-ed in the New York Times.

"Our sector needs to continue robustly supporting the now-needs of our communities (housing, hunger, healthcare, youth services etc.) while also amply efforts to stop the erosion of our rights, protect our democracy, and save our planet."

Gates, one of the richest people in the world with a fortune of around $35 billion, says she plans to give away 99% of her fortune, or $30 billion, by the end of next year.

She says she wants to give away more than $100 million a year by the time she's done.

Gates says she wants to give away more than $100 million a year by the time she's done.

She says she wants to give away more than $100 million a year by the time she's done.

Gates says she wants to give away more than $100 million a year by the time she's done.

She says she wants to give away more than $100 million a year by the time she's done.

Gates says she wants to give away more than $100 million a year by the time she's done.

She says she wants to give away more than $100 million a year

Read the Entire Article