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
Henry Louis Gates arrest controversy show, Gates stated that Crowley recently gave him the handcuffs used in the arrest. When asked what he would do with the handcuffs, Gates stated that he plans to donate the handcuffs to the Smithsonian's National Museum of African American History and Culture. Gates later revealed during a National Press Club luncheon that he had met with Sgt Crowley for a beer prior to the Beer Summit at the suggestion of President Bill Clinton. Gates said that he was moved when Crowley told him "Professor, all I wanted was to go home to my wife at the end of the