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
USS Thomas S. Gates put into Gibraltar on 10 October, she turned over with guided missile cruiser on 16 October before sailing to Bermuda, arriving there 25 October 1997. That same day, just after embarking crew relatives for a Tiger cruise home, the cruiser responded to a distress call, recovering two crewmen from the drifting sailboat "Glou Glou". "Thomas S. Gates" arrived home at Norfolk on 27 October 1997. On 25 September 1999, "Thomas S. Gates" responded to a call for assistance from the United States Coast Guard vessel , then in the process of conducting boarding operations of the suspect merchant vessel "Love".