For the organizations that the foundation’s grants ultimately support, large sums are on the line. The Gates Foundation has disbursed or pledged about $450 million to nonprofit funds administered by Arabella over the last sixteen years, according to the foundation’s records. It is one of the earliest, and largest, backers of nonprofit funds managed by Arabella.
Microsoft makes a net profit of about 27 Billion dollars every three months. Ol’ Bill pockets a chunk of that. 450 Million over sixteen years is like $20 to us poors.
Microsoft makes a net profit of about 27 Billion dollars every three months. Ol’ Bill pockets a chunk of that. 450 Million over sixteen years is like $20 to us poors.
I mean, it’s one organization out of God knows how many Bill gives to. If you’re giving 20$ yearly to a hundred different nonprofits that’s 2000$.