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 and other personal business. The Navy decommissioned "Thomas S. Gates" on 15 December 2005, four months earlier than the planned March 2006 date, and after serving only 18 years in the active fleet. She was stricken the same date and was berthed at the Naval Inactive Ship Maintenance Facility in Philadelphia, PA as of 2014. As of 2008, she was slated to be dismantled in the next five years along with her sisters and . As of July 2014, NAVSEA planned to place ex-"Thomas S. Gates" and ex-"Ticonderoga" up for bid to scrappers via the Defense Logistics Agency (DLA). DLA