Gates Foundation Announces Plan For Record-Breaking Donations This Year At Davos

The Bill and Melinda Gates Foundation, which has a history of providing financial support to left-wing groups, announced on Monday that it would spend billions of dollars in 2024.

The Gates Foundation’s board of trustees has approved a record $8.6 billion budget for 2024, up from $8.3 billion in 2023 and $7 billion in 2022, the charity announced from Davos, Switzerland, where the World Economic Forum is hosting its annual meeting. Over the years, the charity has poured tens of millions of dollars into pro-abortion groups, Democrat-aligned nonprofits and Chinese government organizations, among other causes.

The foundation works in areas related to gender equality, policy advocacy and global health, according to its website. Pro-abortion groups have received tens of millions from the Gates Foundation to promote “family planning” and women’s empowerment.

The Gates Foundation has given over $94 million to Planned Parenthood since the charity was founded, including $10.5 million in 2022 alone, according to its grant database. Planned Parenthood performed 374,155 abortions in the United States between 2021 and 2022, according to its most recent annual report.

Other pro-abortion groups, like the European Parliamentary Forum for Sexual & Reproductive Rights and MSI Reproductive Choices, have also received millions from the Gates Foundation, according to tax forms

Democrat-aligned nonprofits have also been major beneficiaries of the Gates Foundation. The Gates Foundation has given New Venture Fund over $200 million since 2016, according to its grant database. New Venture Fund is part of the network of nonprofits managed by Arabella Advisors, which The New York Times has labeled a “dark money” operation. New Venture Fund bankrolls an array of left-wing groups, according to tax filings.

See full article at The Daily Caller.

Photo by World Economic Forum, Attribution-NonCommercial-ShareAlike 2.0 Generic.

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