3 sources·Business

Melinda French Gates Matches Donations to Boost Philanthropy on GivingTuesday

Melinda French Gates offers to match $1 million in donations to two nonprofits on GivingTuesday, encouraging broader participation in philanthropy.

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Updated: Dec 3rd, 2024, 10:11 AM ET

Summary

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Melinda French Gates is matching up to $1 million in gifts to help the Vote Mama Foundation and the Rosalynn Carter Institute for Caregivers during GivingTuesday. This initiative aims to encourage donations and address the decline in overall participation in charitable giving. French Gates, a longtime advocate for supporting women and caregivers, emphasizes the importance of philanthropy as a collective responsibility, aiming to highlight that everyone can contribute to societal well-being, not just the wealthy. Last year, GivingTuesday raised an estimated $3.1 billion, but fewer households participated, making initiatives like this critical to the fundraising landscape.

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