Bill Gates Learns to Give… Better

August 2nd, 2011

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(photo credit: Steve Jurvetson)

Or, maybe, “Bill Gates learns to give to learn to teach so kids can learn?” Or something like that…

What we’re getting at here is that the Bill and Melinda Gates Foundation, by far the biggest charitable foundation in the world, has given away billions of dollars total, and hundreds of millions to education, however, they’ve had little measurable impact in the last ten years on the one thing they were really trying to change – how many kids from disadvantaged neighborhoods are going to college.

Luckily, the last 10 years in schools have taught Bill Gates something – that he needs to learn more! Taking an idea from the private sector and applying it to education, the Gates Foundation thinks that a little R&D is exactly what the educational system needs to come up with innovative solutions to its big problems. And that’s where he’s going to put his money now.

It turns out that the business world and non-profit world aren’t so different. A lot of what we do spending and growing our money has real impact on society and the environment, and things we do in one are of our financial lives can apply to other areas in new and cool ways.

It’s not always just about giving more, but about learning to give better.

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