Melinda French Gates Launches $250 Million Fund—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 following two years to girls’s organizations.

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

“Girls’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 superb organizations world wide working to vary that.”

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

Motion for Girls’s Well being will assist fund grassroots organizations tackling girls’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 likely be introduced by the tip of subsequent yr.

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Here is what the fund is in search of and the best way to apply.

Who Ought to Apply

Candidates should give attention to girls’s psychological or bodily well being and meet four criteria: 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 method whereas a rating of 5 could be earned by examples of contributions, and an method with confirmed effectiveness.

An organizational readiness tool is out there to assist candidates assess in the event that they meet the necessities. The shape goes by 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 girls’s psychological or bodily well being and if they’ve at the least two years of audited monetary data, along with different questions.

The way to Apply

Motion for Girls’s Well being is now accepting functions, due by January 10, 2025. Organizations need to register their intent to apply by December 3, 2024.

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