| Jeff Raikes - the foundation of Microsoft's Gates |
Manager, Microsoft's Jeff Raikes will be managed by the Foundation Bill & Melindy Gates and will have to spend at least four billion dollars a year.
Jeff Raikes, the beginning of the year, yet the Director of Microsoft Business Division, would be a typical high-tech retired. He joined the group was still in 1981, which then almost automatically guarantee riches. Now Raikes might hide on his farm the size of 2 thousand. hectares in the state of Nebraska. It would also direct the management foundation to its 126 million dollars, which he founded with his wife. That would be too banal. Sweet idleness is not his style. And although he has no experience in managing charitable organization, all fulfill his divination, and in that capacity. In recent times, many U.S. foundations, including Ford Foundation, set up on the heads of experienced managers. - Spending money on goals is at least as hard as they make money - says an expert on aid to developing countries. Founded in 1997, the Foundation Bill & Melinda Gates Foundation with assets of 37.3 billion U.S. dollars is without a doubt, the richest foundation in the world. The purpose of the foundation is to combat disease and poverty in the world as well as supporting agriculture in developing countries and the improvement of primary education in the United States. In the last decade, the Foundation has transferred to these targets 16 billion dollars. Through self-sacrifice and legendary investor Warren Buffett friend Gates, who provided the greater part of his foundation assets in the future, more money to flow to a stream. Buffett pointed out that his annual donation to the Foundation - in 2007 it was 1.8 billion dollars - to be released later this year. Furthermore, in accordance with U.S. tax laws, charitable organizations have to spend a year at least five percent of its assets. This means that the Gates Foundation has to spend four billion U.S. dollars per year, compared to the current amount of one billion. Soon it will be the new Seattle headquarters. Ultimately, there will be to work one thousand people. |