Bill & Melinda Gates Foundation plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date. This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes. Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation (BMGF), previously branded as the 'William H. Gates Foundation', is a private foundation founded by Bill and Melinda Gates. It was launched in
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".