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
Bill Gates Sr. 1946. He attended the University of Washington (UW) under the G.I. Bill, where he earned a B.A. in 1949 and a law degree in 1950. While at Washington he joined the Chi Psi Fraternity. He co-founded Shidler & King in 1964, which later became Preston Gates & Ellis LLP. He practiced with the firm until 1998, and the firm was merged into the firm now known as K&L Gates (Bill Gates Sr. is not affiliated with the firm). Gates also served on the board of Planned Parenthood. In 1998, Gates retired from PGE. He currently serves on the Board of