Gates Foundation to Spend all its Money...

[StClone]

...Within fifty years of the death of Bill and Melinda gates.


NEW YORK (Reuters) - The Bill & Melinda Gates Foundation has said it will spend all its assets within 50 years of them both dying, as the trustees want to focus the foundation's work in the 21st century

In a statement posted on the charity's Web site, dated November 29, the foundation said: "We will be spending all of our resources within 50 years after the last of Bill's or Melinda's death." The news was reported earlier by the Wall Street Journal.

"The decision to focus all of our resources in this century underscores our optimism for making huge progress and for making sure that we do as much as possible, as soon as possible, on the comparatively narrow set of issues we've chosen to focus on," the foundation said in the statement.

...more at... http://news.yahoo.com/s/nm/20061201/ts_nm/gates_foundation_dc


Wiki on Gates Foundation: http://en.wikipedia.org/wiki/Gates_foundation

Do you any suggestions on where the Gates Foundation could donate?

I would like to suggest that the Gates Foundation (or Bill himself) find a way around its Foundation mandate and donate to the place that has received hardly any benefit from its invention of modern Electronic Computing. It may be attributed to part of Gates massive wealth when it in fact got little in return.

See: http://www.scl.ameslab.gov/ABC/

[applegrove]

1. Wow. That is great news for the South green revolution and the fighting

of disease there. WOW!