Gates will give $3 billion to anti-AIDS foundation
July 23 2004 12:00 AM ET
Bill Gates announced this week that he will donate an expected $3.35 billion windfall from a one-time, $3-a-share dividend from Microsoft shares to the Bill and Melinda Gates Foundation, which has made fighting the global AIDS epidemic one of its major goals, The Wall Street Journal reports. The money will be used to "improve equity in health, education, and access to information and human services for vulnerable families," Gates said in a statement. The Gates foundation announced last week at the 15th International AIDS Conference in Bangkok, Thailand, that it is donating $150 million to the United Nations-backed Global Fund to Fight AIDS, Tuberculosis, and Malaria.