Bill & Melinda Gates Foundation plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date. This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes. Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation (BMGF), previously branded as the 'William H. Gates Foundation', is a private foundation founded by Bill and Melinda Gates. It was launched in
The Road Ahead (Bill Gates book) The Road Ahead (Bill Gates book) The Road Ahead is a book written by Bill Gates, co-founder and then-CEO of the Microsoft software company, together with Microsoft executive Nathan Myhrvold and journalist Peter Rinearson. Published in November 1995, then substantially revised about a year later, "The Road Ahead" summarized the implications of the personal computing revolution and described a future profoundly changed by the arrival of a global information superhighway. Gates received a $2.5 million advance for his book and money from subsidiary rights sales; all his proceeds were donated to "encourage the use of technology in education administered through