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 the gold rays from the Presidential seal emphasize the significance of Gates's appointment, by President Gerald R. Ford, to head the U.S. Liaison Office to the People's Republic of China, and reflect Gates's contributions to the United States in that role, his last as a public servant. USS Thomas S. Gates USS "Thomas S. Gates" (CG-51) was a flight-I that was used by the United States Navy. The warship was named after Thomas S. Gates, Secretary of Defense in the last years of the Eisenhower Administration (1959–1961). In a break from normal naming conventions for the "Ticonderoga" class cruisers, "Thomas