August 5, 2004
Gates Foundation to Get $3-Billion Infusion
Bill and Melinda Gates have announced that they plan to donate more than $3-billion to their private foundation, which already is the largest foundation in the world, with about $27-billion in assets.
The windfall comes from a dividend Mr. Gates expects to receive this fall from stock he owns in Microsoft, the software giant he helped start. When the Bill & Melinda Gates Foundation receives the full sum, the philanthropy will be almost three times as large as any other private
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