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This week marked a significant development in the philanthropic world with Melinda French Gates resigning from the Bill & Melinda Gates Foundation to focus on the "next chapter" of her philanthropy. As part of the separation agreement with her former husband Bill Gates, French Gates will receive an additional $12.5 billion for her work on behalf of women and families, an area which she has been pushing to get involved with.
On the topic of philanthropy, we also took a look at where MacKenzie Scott has been spending her money. Known for her unorthodox attitude to philanthropy, she has already given away $17.3 billion since 2020, mostly as unconditional grants. While many have praised her approach to philanthropic giving, it appears as though few have followed suit when it comes to allowing recipients to decide how they would like to spend the funds they receive.
We also reported on Unlock Aid’s plans to launch a platform dubbed the “Glassdoor for Primes'' in the coming months. The tool would allow local organizations to publicly review major international NGOs, contractors, and agencies on their accountability and treatment of subgrantees.
In order to discuss these stories, and others, Devex President and Editor-in-Chief Raj Kumar sits down with Sasha Fisher from Spark Microgrants and Devex Business Editor David Ainsworth for the latest episode of our weekly podcast series.
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About the author
Thomas Cserep
Thomas Cserép is an Associate Editor who manages and oversees Devex's social media presence, coordinates Devex’s audience outreach, and produces the This Week in Global Development podcast. Prior to Devex, he worked as a freelance journalist, with his writings appearing in a variety of publications, including Get Spanish Football News and the magazine of the Hungarian Geographic Society.
