Brutkey

For the wealthy and powerful who want to change the world, Bill Gates has long been a North Star. His Gates Foundation and his efforts to spread the gospel behind the Giving Pledge—a vow taken by more than 240 billionaires to donate their entire fortunes—have defined much of modern philanthropy for the past quarter century. In those efforts, Gates pushed his peers to not only give more but give smarter. And with one fateful new action this week—his decision to close the Gates Foundation in 2045, much sooner than expected—Gates has become something else: the resistance to President Donald Trump. Or at least he’s offering a model for how a smart resistance might assemble. Between now and 2045, the Gates Foundation will dispense its entire endowment and much of Gates’ personal fortune, spending well over $100 billion. This spending will intensify his philanthropy in the coming years as the foundation’s investment horizon shifts from decades into the future to a faster-approaching one (at least in philanthropic terms).
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For the wealthy and powerful who want to change the world, Bill Gates has long been a North Star. His Gates Foundation and his efforts to spread the gospel behind the Giving Pledge—a vow taken by more than 240 billionaires to donate their entire fortunes—have defined much of modern philanthropy for the past quarter century. In those efforts, Gates pushed his peers to not only give more but give smarter. And with one fateful new action this week—his decision to close the Gates Foundation in 2045, much sooner than expected—Gates has become something else: the resistance to President Donald Trump. Or at least he’s offering a model for how a smart resistance might assemble. Between now and 2045, the Gates Foundation will dispense its entire endowment and much of Gates’ personal fortune, spending well over $100 billion. This spending will intensify his philanthropy in the coming years as the foundation’s investment horizon shifts from decades into the future to a faster-approaching one (at least in philanthropic terms).
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