Bill Gates has recently been to China to see for himself the rise in philanthropy. He said: “There is noteworthy philanthropy going on at all levels of society in China, not just among the very fortunate. One neighbor helping another is every bit as praiseworthy as a large monetary gift by a wealthy individual.” He also sees China as leading the way in philanthropy: “As it has done in so many other ways, I believe China will surprise the world in its embrace of philanthropy.”
As the co-chair of the Bill & Melinda Gates Foundation, Bill Gates works on the following principles:
Guiding Principle #1: This is a family foundation driven by the interests and passions of the Gates family.
Guiding Principle #2: Philanthropy plays an important but limited role.
Guiding Principle #3: Science and technology have great potential to improve lives around the world.
Guiding Principle #4: We are funders and shapers—we rely on others to act and implement.
Guiding Principle #5: Our focus is clear—and limited—and prioritizes some of the most neglected issues.
Guiding Principle #6: We identify a specific point of intervention and apply our efforts against a theory of change.
Guiding Principle #7: We take risks, make big bets, and move with urgency. We are in it for the long haul.
Guiding Principle #8: We advocate—vigorously but responsibly—in our areas of focus.
Guiding Principle #9: We must be humble and mindful in our actions and words. We seek and heed the counsel of outside voices.
Guiding Principle #10: We treat our grantees as valued partners, and we treat the ultimate beneficiaries of our work with respect.
Guiding Principle #11: Delivering results with the resources we have been given is of the utmost importance—and we seek and share information about those results.
Guiding Principle #12: We demand ethical behavior of ourselves.
Guiding Principle #13: We treat each other as valued colleagues.
Guiding Principle #14: Meeting our mission—to increase opportunity and equity for those most in need—requires great stewardship of the money we have available.
Guiding Principle #15: We leave room for growth and change.
Bill Gates himself has given to charity vast sums from his wealth – read about it right here. With the economic situation as it is, Bill Gates has set a high example for others to follow.
Source: CRI English