In Could, 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 ladies’s organizations.
On Wednesday, a part of that imaginative and prescient unfolded — French Gates launched Motion for Ladies’s Well being, a $250 million fund for non-profits supporting ladies’s psychological and bodily well being throughout the globe.
“Ladies’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. Picture by Taylor Hill/FilmMagic
Motion for Ladies’s Well being will assist fund grassroots organizations tackling ladies’s well being points, French Gates defined. Every awardee will obtain between $1 million and $5 million and endure a number of rounds of evaluate earlier than securing the funding. Winners will probably be introduced by the top of subsequent yr.
Here is what the fund is in search of and methods to apply.
Who Ought to Apply
Candidates should give attention to ladies’s psychological or bodily well being and meet 4 standards: Be impactful, scalable, equitable, and possible.
Affect, 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 software is on the market 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 should not eligible.
It additionally asks if the non-profit’s central focus is ladies’s psychological or bodily well being and if they’ve a minimum of two years of audited monetary data, along with different questions.
The right way to Apply
Motion for Ladies’s Well being is now accepting purposes, due by January 10, 2025. Organizations need to register their intent to use by December 3, 2024.
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