Overview
- A 2024 tax filing confirms Bill Gates donated $7.88 billion to Melinda French Gates’ Pivotal Philanthropies Foundation.
- The transfer lifted Pivotal Philanthropies’ assets to roughly $7.4 billion in 2024 from about $604 million at the end of 2023.
- Pivotal says the $12.5 billion agreement between the former spouses has been fulfilled, though the destination of roughly $4.6 billion has not been detailed publicly.
- Reporting notes some funds may sit in Pivotal’s LLC entities, which are not required to file public nonprofit tax returns.
- Pivotal, which focuses on women and families, distributed about $875 million in grants in 2024, and the transfer ranks among the largest publicly disclosed charitable gifts in recent years.