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
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