Gates Foundation gives $540 million to UW health institute, the largest gift in university history

(IHME Photo)The Gates Foundation broke its own record at the University of Washington with the largest charitable gift in university history: $540.2 million for the Institute for Health Metrics and Evaluation. Roughly 60% of IHME’s budget comes from the Gates Foundation, according to the institute. IHME describes the new commitment from the Gates Foundation as a core grant that keeps the institute at a “steady state.” The Gates Foundation helped create IHME at UW in 2007 with a $105 million grant, then the largest in UW history. The latest grant comes as global health funding falls sharply.