Philanthropist Melinda French Gates announced a new $250 million fund to improve women's health, shedding light on her top priority after stepping down from chairing the Gates Foundation. What Happened: French Gates announced earlier this year that she would continue philanthropic efforts with a focus on women's health after leaving the Gates Foundation.

Organizations who are selected for the Action for Women’s Health grants will receive between $1 million and $5 million in funding.

Melinda French Gates has announced a $250 million initiative designed to fund organizations around the world that are improving women’s mental and physical health. The Action for Women’s Health initiative funding is open to organizations that center equity in their approach to women’s health,

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Melinda French Gates will grant $US250 million (approx. $372 million) to support women's health around the world through an open call for nonprofits to apply for funding. The pledge announced overnight signals a new chapter in her individual philanthropic giving since departing from the Bill & Melinda Gates Foundation earlier this year and is part of a two-year $US1 billion (approx.