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 , formerly the light minelayer , on 2 October 1992. "Thomas S. Gates" provided a damage control boarding team, communications assistance, and directed her fire hoses on the flames on board the Turkish warship from 20 yards away; ten of the guided missile cruiser's crew received decorations for the valor they displayed during the incident. The exercises began anew the next day at the request of the Turkish government. Subsequently, "Thomas S. Gates" hosted dignitaries (Lieutenant General Mihov, Bulgarian Chief of Staff, on 4 October, and His Royal Highness Prince Philippe of Belgium on 6 October). Detached from Display Determination