Bill & Melinda Gates Foundation

When Bill and Melinda Gates established the Bill & Melinda Gates Foundation, they attached two guiding principles. First, that all lives have equal value, no matter where they are being lived. Second, that much is expected from those to whom much has been given. These principles have guided the Foundation since its inception in 2000. To date, the Foundation has committed more than $11 billion in grants to partners addressing some of the world's most significant societal challenges - from improving high school graduation rates to providing lifesaving vaccines to millions of children.

In 2005, the Bill & Melinda Gates Foundation awarded a $6.9 million grant to the University's Vaccine and Infectious Disease Organization (VIDO). The grant is part of the Foundation's Grand Challenges in Global Health Initiative, which aims to revolutionize the prevention and treatment of disease in developing countries. VIDO is using the funds to create needle-free vaccines that protect newborns. It is one example of the kind of project the Bill & Melinda Gates Foundation supports in its ongoing effort to reduce inequities around the world.