Melinda French Gates Launches $250 Million Fund—Find out how to Apply

In Might, Melinda French Gates resigned as co-chair of the Invoice and Melinda Gates Basis and introduced that she was dedicating $1 billion over the subsequent two years to ladies’s organizations.

On Wednesday, a part of that imaginative and prescient unfolded — French Gates launched Motion for Ladies’s Well being, a $250 million fund for non-profits supporting ladies’s psychological and bodily well being throughout the globe.

“Ladies’s well being continues to be an afterthought, and it is impacting the well being of our households, our communities, our economies,” French Gates mentioned in a promotional video for the fund. “Fortunately there are such a lot of wonderful organizations all over the world working to alter that.”

^{Melinda French Gates. Picture by Taylor Hill/FilmMagic}

Motion for Ladies’s Well being will assist fund grassroots organizations tackling ladies’s well being points, French Gates defined. Every awardee will obtain between $1 million and $5 million and bear a number of rounds of evaluation earlier than securing the funding. Winners will probably be introduced by the top of subsequent yr.

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This is what the fund is in search of and methods to apply.

Who Ought to Apply

Candidates should deal with ladies’s psychological or bodily well being and meet 4 standards: Be impactful, scalable, equitable, and possible.

Impression, for instance, is measured by the non-profit’s demonstrated contributions. A rating of 1 could be no contributions and an ineffective, impractical strategy whereas a rating of 5 could be earned via examples of contributions, and an strategy with confirmed effectiveness.

An organizational readiness instrument is out there to assist candidates assess in the event that they meet the necessities. The shape goes via standards like who can apply — people, for-profits, LLCs, and B-Corps usually are not eligible.

It additionally asks if the non-profit’s central focus is ladies’s psychological or bodily well being and if they’ve not less than two years of audited monetary information, along with different questions.

Find out how to Apply

Motion for Ladies’s Well being is now accepting purposes, due by January 10, 2025. Organizations should register their intent to use by December 3, 2024.

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