The Gates Foundation is reviewing its Epstein ties
[AP Photo]
The Gates Foundation is reviewing its ties to convicted sex offender Jeffrey Epstein, the organization confirmed yesterday [Macau time], as chairman Bill Gates faces mounting scrutiny over his appearances in Justice Department documents related to its investigation of the disgraced financier.
Gates, who founded Microsoft, reportedly spoke “candidly” about his relationship to Epstein in a February town hall meeting of the influential foundation he started with his ex-wife Melinda French Gates. But the external probe marks the nonprofit’s plainest attempt yet to address associations that have cast a pall over its efforts to end preventable maternal and child deaths and control infectious diseases.
The Gates Foundation said in a statement that CEO Mark Suzman, with support from Gates, commissioned an external review in March to assess past foundation engagement with Epstein and look at current policies for vetting and developing new partnerships. The Wall Street Journal first reported news of the staff memo detailing the review.
The philanthropic giant has already undergone a period of change. The Gates Foundation shared plans in January to cap operating costs and incrementally cut as many as 500 positions, or about 20% of its staff, by 2030. The move follows last year’s announcement that the foundation would close in 2045, earlier than previously expected.
The Justice Department’s files include email correspondence between Gates and Epstein about philanthropic projects, calendar entries documenting dates they held meetings, and photos of Gates at events also attended by Epstein. Gates has not been accused of any wrongdoing regarding their connection, denies knowledge of Epstein’s crimes and claims they met only to discuss philanthropy.
The foundation acknowledged in a February statement that “a small number” of employees met with Epstein based on his “claims that he could mobilize significant philanthropic resources for global health and development.” They never created a fund together and the foundation made no payments to Epstein, according to the previous release.
“The foundation regrets having any employees interact with Epstein in any way,” the statement read.
The files’ disclosures are being closely followed by one of the Gates Foundation’s earliest and most ardent supporters. Investor Warren Buffett, who donates a portion of his annual Berkshire Hathaway shares to the nonprofit, told CNBC’s “Squawk Box” last month that it’s clear “there was a lot I didn’t know.”
Buffett, who resigned as the foundation’s trustee in 2021, has completed his donation every year around the end of June. But he said he will “wait and see what unfolds” in the Justice Department’s documents and congressional hearings on their contents. He noted the foundation is “sitting” on a large endowment, which totals $86 billion, and said Gates has “plenty of his own money.”
“So, in any event, I’ll just wait and see. And there’s three and a half million, or whatever it is pages – I mean, it is astounding,” Buffett said of the Epstein files.
A Gates Foundation spokesperson described Buffett as “an extraordinarily generous partner” for nearly two decades in a statement Wednesday to the Associated Press.
“We are deeply grateful for his support, which has enabled us to accelerate progress on some of the world’s toughest challenges that would not otherwise have been possible,” the spokesperson said. JAMES POLLARD, NEW YORK, MDT/AP
