
- Foundations are no replacement for government funding, some philanthropists are arguing. Bill Gates has reportedly warned the Trump administration that the Gates Foundation will be unable to fill the gaps left by the dissolution of the U.S. Agency for International Development, which distributed $43.8 billion in aid in fiscal 2023.
Bill Gates has reportedly warned President Donald Trump’s administration that his philanthropic endeavors are no replacement for the U.S. government’s funding of global health care efforts.