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."
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