Melinda French Gates says she's resigning from the Gates Foundation. Here's what she'll do next.
CBSN
Billionaire philanthropist Melinda French Gates is stepping down from the Bill & Melinda Gates Foundation, the charitable organization that she co-founded in 2000 with her now ex-husband, Microsoft co-founder Bill Gates.
French Gates said in a social media post that her last day at the foundation will be June 7, adding that she plans to move onto "the next chapter" of her philanthropic work. In a separate statement, Bill & Melinda Gates Foundation CEO Mark Suzman said the organization would be changing its name to the Gates Foundation.
In departing the foundation, French Gates said her plan is to focus on "women and girls in the U.S. and around the world." She noted that as part of her departure agreement from the foundation she'll receive $12.5 billion to commit to those goals.
