Melinda French Gates Launches $250 Million Fund—How one can Apply

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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 subsequent two years to girls’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 girls’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 alter that.”

Melinda French Gates. Photograph by Taylor Hill/FilmMagic

Motion for Ladies’s Well being will assist fund grassroots organizations tackling girls’s well being points, French Gates defined. Every awardee will obtain between $1 million and $5 million and bear a number of rounds of evaluate earlier than securing the funding. Winners can be introduced by the tip of subsequent yr.

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Here is what the fund is on the lookout for and easy methods to apply.

Who Ought to Apply

Candidates should give attention to girls’s psychological or bodily well being and meet 4 standards: Be impactful, scalable, equitable, and possible.

Influence, for instance, is measured by the non-profit’s demonstrated contributions. A rating of 1 could be no contributions and an ineffective, impractical strategy whereas a rating of 5 could be earned via examples of contributions, and an strategy with confirmed effectiveness.

An organizational readiness instrument is out there to assist candidates assess in the event that they meet the necessities. The shape goes via standards like who can apply — people, for-profits, LLCs, and B-Corps aren’t eligible.

It additionally asks if the non-profit’s central focus is girls’s psychological or bodily well being and if they’ve at the least two years of audited monetary information, along with different questions.

How one can Apply

Motion for Ladies’s Well being is now accepting purposes, due by January 10, 2025. Organizations should register their intent to use by December 3, 2024.

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