Melinda French Gates' $1M GivingTuesday Pledge

Melinda French Gates has announced a philanthropic initiative to match up to $1 million in donations to two nonprofit organizations, the Vote Mama Foundation and the Rosalynn Carter Institute for Caregivers, as part of the GivingTuesday movement. French Gates' organization, Pivotal Ventures, will distribute the funds equally between the two groups, supporting mothers running for public office and advocating for caregivers. GivingTuesday, a global day of giving, saw an estimated $3.1 billion in donations last year, though participation numbers have declined. French Gates aims to reignite enthusiasm for philanthropy by encouraging contributions from all societal levels, not just the affluent. Her involvement underscores a broader effort to sustain and potentially increase charitable giving amid economic challenges like inflation.