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
Bill Gates Sr. (b. 1929), whom he met at UW, and they remained married until she died in 1994. They had three children: Kristianne, Bill, and Libby. In 1996 Gates married Mimi Gardner Gates (b.1943), who was the director of the Seattle Art Museum. William H. Gates Sr. serves as an Honorary Co-Chair for the World Justice Project. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity . Bill Gates Sr. William Henry Gates II (born November 30, 1925), better known as Bill Gates Sr., is