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."
USS Thomas S. Gates the gold rays from the Presidential seal emphasize the significance of Gates's appointment, by President Gerald R. Ford, to head the U.S. Liaison Office to the People's Republic of China, and reflect Gates's contributions to the United States in that role, his last as a public servant. USS Thomas S. Gates USS "Thomas S. Gates" (CG-51) was a flight-I that was used by the United States Navy. The warship was named after Thomas S. Gates, Secretary of Defense in the last years of the Eisenhower Administration (1959–1961). In a break from normal naming conventions for the "Ticonderoga" class cruisers, "Thomas