Bill & Melinda Gates Foundation The Gates Foundation received 5% (500,000) of the shares in July 2006 and will receive 5% of the "remaining" earmarked shares in the July of each following year (475,000 in 2007, 451,250 in 2008). In July 2018, Buffet announced another donation of his company's Class B stock, this time worth $2 billion, to the Gates Foundation. To maintain its status as a charitable foundation, the Bill & Melinda Gates Foundation must donate funds equal to at least 5 percent of its assets each year. As of April 2014, the foundation is organized into four program areas under chief executive officer
Bill Gates Sr. to William Henry Gates I or Sr. (1891–1969) and Lillian Elizabeth Rice (1891–1966); the couple had married in 1913. His paternal grandmother was German and his maternal grandmother was English, and he was apparently the "third" William Henry Gates, despite being named the second. Gates was an active member of a Boy Scout troop for several years, and earned the Eagle Scout Award in 1941. After high school he enlisted in the United States Army, changing his name to William Gates Jr. to avoid the appearance of elitism. He fought in World War II and was honorably discharged in November