Gates Foundation , Expands Board of Trustees, , Announces New Members.<br />On January 26, the Bill and Melinda Gates <br />Foundation announced that it will expand <br />its board of trustees, adding four members. .<br />On January 26, the Bill and Melinda Gates <br />Foundation announced that it will expand <br />its board of trustees, adding four members. .<br />ABC News reports that the move marks a first for the <br />Seattle-based foundation, which has been guided <br />by few people since being founded in 2000. .<br />ABC News reports that the move marks a first for the <br />Seattle-based foundation, which has been guided <br />by few people since being founded in 2000. .<br />The announcement means that six people <br />will be in charge of the global charitable group <br />and its $50 billion endowment in the future. .<br />The announcement means that six people <br />will be in charge of the global charitable group <br />and its $50 billion endowment in the future. .<br />On January 26, Gates Foundation CEO Mark Suzman announced that he would be joining the board while also revealing the three other new members. .<br />On January 26, Gates Foundation CEO Mark Suzman announced that he would be joining the board while also revealing the three other new members. .<br />Zimbabwean telecom billionaire Strive Masiyiwa, Minouche Shafik, director of the London <br />School of Economics and Political Science.<br />... and Thomas J. Tierney, co-founder and co-chair of The Bridgespan Group, will also join the board. .<br />According to ABC News, as co-chairs <br />of the foundation, Bill and Melinda <br />will continue to have additional authority. .<br />The foundation said that the board will meet <br />three times a year, and board members can <br />serve up to two consecutive three-year terms. .<br />The foundation said that the board will meet <br />three times a year, and board members can <br />serve up to two consecutive three-year terms. .<br />Critics, like David Callahan, founder of the website <br />Insider Philanthropy, argue that the foundation <br />holds too much global influence and lacks oversight. .<br />They are such a powerful player <br />that it’s hard for people to speak truth <br />to power to them. So many of the <br />people who may be critics of the <br />Gates Foundation are funded by <br />the Gates Foundation, or would like <br />to be funded by the Gates Foundation, David Callahan, founder of Insider Philanthropy <br />and author of 'The Givers: Wealth, Power, <br />and Philanthropy in a New Gilded Age,' via ABC News
