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
USS Thomas S. Gates awarded a contract to scrap ex-"Thomas S. Gates" to ESCO Marine, 15 December 2014. She was towed to New Orleans, LA., for scrapping in July 2017. The Naval Vessel Register lists the ships decommissioning and strike date as 16 December 2006. DANFS lists the decommissioning date as 15 December 2005. There is also a pamphlet entitled "USS Thomas S. Gates (CG 51) decommissioning ceremony, 14 December 2005 Naval Station Mayport" OCLC 156786375 listed on Worldcat. The Times-Union of Jacksonville, Florida noted that "USS Gates" (sic) was to decommission today, 14 December 2005. "Thomas S. Gates"'s insignia reflects the government service