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Gates Foundation explores making loans, investments

September 24, 2009/

The financial crisis prompted some new thinking inside the Bill & Melinda Gates Foundation http://www.gatesfoundation.org/Pages/home.aspx . Forced to do more with less, Chief Financial Officer Alexander Friedman came up with an unusual plan to use $400 million — not to give away but to lend and invest.

By Kristi Heim

Seattle Times business reporter

Full Story: http://seattletimes.nwsource.com/html/businesstechnology/2009930761_gatesfoundation24.html

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