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
Preston Gates & Ellis Preston Gates & Ellis Preston Gates & Ellis, LLP, also known as Preston Gates, was a law firm with offices in the United States, China and Taiwan. Its main office was in the IDX Tower in Seattle, Washington. In 2007 the firm ceased to exist, merging with Kirkpatrick & Lockhart Nicholson Graham to form K&L Gates. The "Gates" in the firm's name is William H. Gates, Sr., father of Microsoft founder Bill Gates. Gates retired from the firm in 1998. In 1883, Harold Preston, born 1858 in Illinois, the son of Brig. Gen. Simon Manly Preston, arrived in Seattle and