Sunday, February 27, 2005

Bill Gates commits $1 billion to revamp America's high schools

Microsoft Corp. Chairman Bill Gates opened a two-day education summit in Washington D.C., by telling the nation's governors and leaders of the educational community that the nation's high schools are obsolete and need radical restructuring to raise graduation rates, prepare students for college and train a workforce that faces growing competition in the global economy.

"Our high schools were designed 50 years ago to meet the needs of another age," said Gates, whose philanthropic foundation has committed nearly a billion dollars to the challenge of improving high schools. "Until we design them to meet the needs of this century, we will keep limiting, even ruining, the lives of millions of Americans every year." (Washington Post)

Philanthropy is important to Gates. He and his wife, Melinda, have endowed a foundation with more than $27 billion (as of March 2004) to support philanthropic initiatives in the areas of global health and learning, with the hope that in the 21st century, advances in these critical areas will be available for all people. The Bill and Melinda Gates Foundation has committed more than $3.2 billion to organizations working in global health; more than $2 billion to improve learning opportunities, including the Gates Library Initiative to bring computers, Internet Access and training to public libraries in low-income communities in the United States and Canada; more than $477 million to community projects in the Pacific Northwest; and more than $488 million to special projects and annual giving campaigns. (Website of Bill Gates)

5 Comments:

Blogger T. Stark said...

You'd have to pay me to buy Windows or pretty much anything his company creates - but I like a person who does caring things with her money to better the community around her.

Or if you've got the money Gates or Turner have, that community is the world. But the country has less than a thousand billionares if I recall correctly, so they can't do it all.

A picture with every post. Like that.

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