Bill & Melinda Gates Foundation plan to close the Foundation Trust is in contrast to most large charitable foundations that have no set closure date. This is intended to lower administrative costs over the years of the Foundation Trust's life and ensure that the Foundation Trust not fall into a situation where the vast majority of its expenditures are on administrative costs, including salaries, with only token amounts contributed to charitable causes. Bill & Melinda Gates Foundation Bill & Melinda Gates Foundation (BMGF), previously branded as the 'William H. Gates Foundation', is a private foundation founded by Bill and Melinda Gates. It was launched in
USS Thomas S. Gates Panama, during which she made two major drug seizures (4.5 tons of cocaine) from "Go-Fast" speedboats off El Salvador. The warship also conducted a special forces exercise called Trident Warrior and a submarine tracking and gunnery exercise with the Peruvian Navy. In March 2003, "Thomas S. Gates" was homeported at Pascagoula and was assigned to Destroyer Squadron 6. On 21 March 2004, "Thomas S. Gates" rendezvoused with cruise ship "Celebrity Summit", of Royal Caribbean International Cruise Lines, in the central Caribbean. The cruiser's embarked USCG Enforcement Detachment boarding team, with the cooperation of the cruise ship's captain and security force,