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 to Istanbul, where she disembarked VADM Ilg (9–10 August). Owing to the crisis in Lebanon, which had dictated that the fleet flagship, guided missile cruiser not carry out her scheduled visit to Sevastopol, "Thomas S. Gates" then operated in support of the "Coral Sea" and battle groups off Beirut. Returning to Toulon, "Thomas S. Gates" there underwent a period of maintenance (7–13 September). After taking part in NATO Exercise Display Determination 89 (14 September- 3 October) in concert with units of the French and Turkish Navies, she conducted a period of escort operations (3–11 October) as she transited to the