Bill & Melinda Gates Foundation The Gates Foundation received 5% (500,000) of the shares in July 2006 and will receive 5% of the "remaining" earmarked shares in the July of each following year (475,000 in 2007, 451,250 in 2008). In July 2018, Buffet announced another donation of his company's Class B stock, this time worth $2 billion, to the Gates Foundation. To maintain its status as a charitable foundation, the Bill & Melinda Gates Foundation must donate funds equal to at least 5 percent of its assets each year. As of April 2014, the foundation is organized into four program areas under chief executive officer
USS Thomas S. Gates the Gulf of Aqaba. Following an in-port period at Jeddah (2–10 March), where she underwent an IMAV alongside the destroyer tender , "Thomas S. Gates" transited the Suez Canal (12 March). She then conducted anti submarine warfare exercises in the central Mediterranean (15–17 March), after which she transited the Strait of Gibraltar (18 March), headed for Norfolk, returning to her homeport on 28 March. "Thomas S. Gates" fourth major deployment was from 6 May to 6 Nov 1992. "Thomas S. Gates", with HSL-44 Detachment 9 embarked, deployed (Med 2-92) in company with guided missile cruiser and destroyer on 6 May