Bill & Melinda Gates Foundation conducts all operations and grantmaking work, and it is the entity from which all grants are made". Also announced was the decision to "... spend all of [the Trust's] resources within 20 years after Bill's and Melinda's deaths". This would close the Bill & Melinda Gates Foundation Trust and effectively end the Bill & Melinda Gates Foundation. In the same announcement it was reiterated that Warren Buffett "... has stipulated that the proceeds from the Berkshire Hathaway shares he still owns at death are to be used for philanthropic purposes within 10 years after his estate has been settled". The
Bill Gates Sr. 1946. He attended the University of Washington (UW) under the G.I. Bill, where he earned a B.A. in 1949 and a law degree in 1950. While at Washington he joined the Chi Psi Fraternity. He co-founded Shidler & King in 1964, which later became Preston Gates & Ellis LLP. He practiced with the firm until 1998, and the firm was merged into the firm now known as K&L Gates (Bill Gates Sr. is not affiliated with the firm). Gates also served on the board of Planned Parenthood. In 1998, Gates retired from PGE. He currently serves on the Board of