Gates Foundation announces rebrand and record budget

The Bill & Melinda Gates Foundation is — at least in name — no more. As it enters its 25th year, the world’s biggest development-focused foundation has rebranded as simply the Gates Foundation — and it also announced its biggest-ever budget.

The dropping of “Bill & Melinda” from the name comes after the founding couple’s split back in 2021. Melinda French Gates then walked away as co-chair of the foundation last year to embark on her own philanthropic endeavor, known as Pivotal Ventures.

In a press release announcing the change, the foundation said the new name honored the contributions of Bill and Melinda but also Bill Gates Sr., Bill’s late father who had his own foundation which later merged with his son’s. The name change also comes with a new black-and-yellow logo.

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