Bill & Melinda Gates Foundation supported a broad range of social, health, and education developments including the establishment of the Gates Cambridge Scholarships at Cambridge University. In 1994, the foundation was formed as the William H. Gates Foundation. During the foundation's following years, funding grew to $2 billion. On June 15, 2006, Gates announced his plans to transition out of a day-to-day role with Microsoft, effective July 31, 2008, to allow him to devote more time to working with the foundation. In 2005, Bill and Melinda Gates, along with the musician Bono, were named by "Time" as Persons of the Year 2005 for their outstanding
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