Bill & Melinda Gates Foundation set conditions so that these contributions do not simply increase the foundation's endowment, but effectively work as a matching contribution, doubling the foundation's annual giving. Bloomberg News noted, "Buffett's gift came with three conditions for the Bill & Melinda Gates Foundation: Bill or Melinda Gates must be alive and active in its administration; it must continue to qualify as a charity; and each year it must give away an amount equal to the previous year's Berkshire gift, plus an additional amount equal to 5 percent of net assets. Buffett gave the foundation two years to abide by the third requirement."
Bill Gates Sr. (b. 1929), whom he met at UW, and they remained married until she died in 1994. They had three children: Kristianne, Bill, and Libby. In 1996 Gates married Mimi Gardner Gates (b.1943), who was the director of the Seattle Art Museum. William H. Gates Sr. serves as an Honorary Co-Chair for the World Justice Project. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity . Bill Gates Sr. William Henry Gates II (born November 30, 1925), better known as Bill Gates Sr., is