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
What a Beautiful Name Beautiful Name" earned two Dove awards, Song of the Year and Worship Song of the Year. "What a Beautiful Name" won the award for Best Contemporary Christian Music Performance/Song at the 60th Grammy Awards, the first for Hillsong Worship. The song was recorded at a live performance at the annual Hillsong Conference in 2016. Hillsong performed the song at the 48th Annual Dove Awards held at Allen Arena in Nashville. The performance was well received and "had audience members on their feet with their hands in the air." When asked about performing the song in an interview with "Billboard"s Jim