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
Bill Gates (frontiersman) Gates" (c. 1908) was authored by Iola Beebe, his mother-in-law. Swiftwater Bill was known to be at the gold fields of Nome, Alaska at the same time as William H Gates I, grandfather of the Microsoft founder. However, despite the similarity in name and coincidences of gold, there is no apparent family relationship between "Swiftwater Bill" and Microsoft founder Bill Gates. Bill Gates (frontiersman) "Swiftwater" Bill Gates (died 1935) was an American frontiersman and fortune hunter, and a fixture in stories of the Klondike Gold Rush. He made and lost several fortunes, and died in Peru in 1935 pursuing a