Bill & Melinda Gates Foundation supported a broad range of social, health, and education developments including the establishment of the Gates Cambridge Scholarships at Cambridge University. In 1994, the foundation was formed as the William H. Gates Foundation. During the foundation's following years, funding grew to $2 billion. On June 15, 2006, Gates announced his plans to transition out of a day-to-day role with Microsoft, effective July 31, 2008, to allow him to devote more time to working with the foundation. In 2005, Bill and Melinda Gates, along with the musician Bono, were named by "Time" as Persons of the Year 2005 for their outstanding
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