Bill Gates sees Gates Foundation winding down in 25 years with Melinda French Gates and himself still at the helm, Gates Foundation names first outside trustees, bringing new oversight to $50B philanthropy, Melinda French Gates shares details of divorce, whats ahead for her in upcoming TV interview, Report: Microsoft knew in 08 about inappropriate messages from Bill Gates to female employee, Seattle teen reveals how much carbon the ultra-rich emit from their private jets, Sales startup Outreach to lay off 70 employees, 7% of workforce, and slow office expansion, Study highlights concerns over satellite interference with Hubble observations, Amazons Ring names Xbox and Oculus vet Elizabeth Hamren as new CEO; founder Jamie Siminoff remains chief inventor, Photos: All dressed up with someplace to go, geeks turn out for Comic Con at new Seattle venue, Microsoft backs effort to extend fiber internet access to 20 million in Africa, Rover unleashes new pet gear including a patent-pending dog poop carrier, Amazon closing eight Amazon Go convenience stores in latest tightening of its physical retail, Amazon pausing construction on second phase of HQ2 in the Washington D.C. area, Pacific Northwest startup funding activity is down 80% so far this year, Nintex hires former Avalara president Amit Mathradas as CEO, Hydrogen-powered airplane aces its first experimental flight in central Washington, Global experts urge increased research into geoengineering, a Hail Mary for climate change, Drone startup Brinc prepares for take off with ex-Amazon engineers and geopolitical tailwinds, Last call for GeekWire Awards nominations: Help us honor the best innovators and tech leaders, Tech Moves: Armoire hires ex-Microsoft technical fellow; Chewy adds VP after buying Petabyte, Novo Nordisk laying off 86 workers as part of lab shutdown in Seattle, Salesforce stock spikes 14% after beating Q4 estimates; Tableau revenue grows 6% to $636M, Book excerpt: Ex-Google managers cautionary tale details alleged pregnancy discrimination, UW forms medical data science institute focused on AI, machine learning, healthcare, New bill wants FCC to collect data on IoT devices to assess spectrum needs, Big techs billions for climate: Heres where Amazon and Microsoft are making their carbon bets, Like what you're reading? [9], "Bill Gates Sr., Father of Microsoft Founder, Dies at Age 94", "Bill Gates Sr., civic leader and father of Microsoft co-founder, dies at 94", "Bill Gates Sr., Who Guided Billionaire Son's Philanthropy, Dies at 94", "Bill Gates Sr., father of Microsoft co-founder, dies at 94", "Bill Gates Sr. at 90: A giant impact on technology, philanthropy and the Seattle region", "Bill Gates, Bremerton native and father of Microsoft co-founder, dies at 94", "General Information Leadership Bill Gates Sr", "Mighty is the Man Who Wears the Purple and the Gold", "PCAD University of Washington, Seattle (UW), Gates, William H. Sr., Hall, Seattle, WA", "K&L Gates Mourns Passing of Longtime Partner and Humanitarian William H. Gates Sr", "K&L Gates Remembers Bill Gates' Lawyer Father", "The University of Washington mourns the loss of Bill Gates Sr", "Transcript: Bill Moyers Interviews Bill Gates", "Table of contents for Wealth and our commonwealth: why America should tax accumulated fortunes / William H. Gates Sr., and Chuck Collins", "Wealth And Our Commonwealth: Why America Should Tax Accumulated Fortunes", "Bill Gates Sr.: Lessons And 'Showing Up For Life', "Bill Gates reveals personal reason he's helping fight Alzheimer's disease", "Bill Gates Reveals His Father Suffers From Alzheimer's", "Bill Gates Sr., father of Microsoft cofounder Bill Gates, dies at age 94", "Law School to return to heart of campus in new William H. Gates Hall", "William Gates Sr., a guiding hand of Bill & Melinda Gates Foundation, dies at 94", "Previous Recipients of the Medal of Merit", "Bill Gates Sr., Theta Delta '49, Honored with 2010 Bard Award", "Office of Ceremonies: Alumnus Summa Laude Dignatus Award Winners", https://en.wikipedia.org/w/index.php?title=Bill_Gates_Sr.&oldid=1134983926, President of Seattle-King County Bar Association, 19691970. Find, review, and submit comments on Board proposals, Industrial Production and Capacity Utilization - G.17, Factors Affecting Reserve Balances - H.4.1, Financial Accounts of the United States - Z.1, If you have a problem with a bank or financial institution, contact the Federal Reserve for help, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue N.W., Washington, DC 20551, Last Update: He formed a Seattle law firm with two other partners that eventually became Preston Gates and Ellis now known as K & L Gates, one of the world's largest law firms. Though Bill Gates Sr., may have graduated from the University of Washington nearly 70 years ago, in many ways he never really left. He never backed down from a challenge, Smith said Tuesday. I consider Bill Gates Sr. the conscience of the Gates family, said Pablo Eisenberg, a columnist for The Chronicle of Philanthropy. He was always very kind and inspiring to me and all of that was before the amazing Microsoft story with Bill Gates Jr.. It is difficult to overstate what he meant to me, to our family, and to our foundation, Melinda Gates said on Twitter. Former Starbucks Chairman Howard Schultz has said that when he was struggling to raise the money to buy the six-store coffee chain in 1987, Gates Sr. stepped in to rescue him from a rival buyer not only by investing, but by personally taking Schultz to visit the rival, demanding as he loomed over the rival's desk: You are going to stand down and this kid is going to realize his dream. Subscribe to GeekWire's free newsletters to catch every headline, MagniX teams up with Universal Hydrogen for electric airplane conversion project, 5G Open Innovation Lab, backed by corporate giants, reveals 16 startups in second cohort, Read GeekWires 2015 profile of Bill Gates Sr, Showing Up for Life: Thoughts on the Gifts of a Lifetime, Software Development Engineer III New Initiatives, Senior Site Reliability Engineer (Seattle or US Remote), Senior Software Development Engineer Lending (Seattle Or U.S. Supervision and Regulation Letters, commonly known as SR Letters, address significant policy and procedural matters related to the Federal Reserve System's supervisory responsibilities. Copyright 2023 American Bar Association. Press Release - 2/24/2023, Agencies issue 2022 Shared National Credit Program review He met his future wife, Mary Maxwell, 50, at the UW, and they married in 1951. Bill Gates Sr., a lawyer and the father of Microsoft's co-founder, who stepped in when appeals for charity began to overwhelm his billionaire son and started what became the world's largest philanthropy, the Bill and Melinda Gates Foundation, died on Monday at his beach home on Hood Canal, in the Seattle area. And even before that time, Gates Sr. was coaching his son and daughter-in-law in their charitable works. SEATTLE William H. Gates II, a lawyer and philanthropist best known as the father of Microsoft co-founder Bill Gates, has died at 94. He joined the Army following his freshman year at the University of Washington and was en route to Japan when it surrendered in 1945. Mr. Gates with Nelson Mandela, the former president of South Africa, and former President Jimmy Carter at a clinic outside Johannesburg in 2002. But his principal focus after 1994 was the Gates foundation. Remote). In the 1990s, he became a co-founder and co-chair of the William H. Gates Foundation, which merged with the Gates Learning Foundation in 2000 to become the Bill & Melinda Gates Foundation, the worlds largest private philanthropic organization. Although he would be the last person to say it, my fathers compassion and generosity will live on in the foundation he helped build. Neither of his parents attended high school. A philanthropist, lawyer, and humanitarian, Mr. Gates had a profound influence in championing causes related to global equity and campaigns to address vaccine preventable diseases, reduce infant mortality, promote reproductive health, and build schools. Press Release - 2/24/2023, Speech by Governor Jefferson on discussion of the paper "Managing Disinflations" Banks, New Security Issues, State and Local Governments, Senior Credit Officer Opinion Survey on Dealer Financing Press Release - 3/2/2023, Speech by Governor Jefferson on recent inflation and the dual mandate [14], Gates served on the boards of numerous organizations in the Pacific Northwest, including the Greater Seattle Chamber of Commerce,[15] King County United Way and Planned Parenthood. Speech - 3/2/2023, Federal Reserve Board announces termination of enforcement action To find out more, please review our privacy policy. Supervision and Regulation Letters, commonly known as SR Letters, address significant policy and procedural matters related to the Federal Reserve System's supervisory responsibilities. In 2012, he became director of international programs for the City of Seattles Office of Intergovernmental Relations. The University of Washington mourns the loss of Bill Gates Sr. Its 1986 public offering turned its founders into billionaires and 12,000 employees into millionaires. He was hands-on in the best way possible, says Michele Storms, the executive director of the American Civil Liberties Union in Washington. the nation with a safe, flexible, and stable monetary and financial When he was awarded the ABA Medal, Gates Sr. was praised as a lawyers lawyer among his colleagues, a civic force in his native Seattle area and a benevolent friend to disadvantaged people around the world. (The New York Times, Law.com, K&L Gates press release), Federal judiciary seeks $500M for security upgrades, The U.S. Learn more about the facilities the Federal Reserve has established in response to events related to the COVID-19 pandemic and read reports filed with Congress pursuant to section 13(3) of the Federal Reserve Act. Active SR letters are listed in reverse chronological order by year. Gates was a name partner at K&L Gates and a co-chair at the foundation established by his son, Microsoft co-founder Bill Gates. Gates Sr. was one of the three founders of the Washington Research Foundation, which aids research institutions in commercializing their discoveries. Bill Gates Fascinated With Child Death: "Why Does a Child Die?" The babies were born to mothers who had tested positive for H.I.V. The Federal Reserve Board is committed to supporting responsible fintech innovation, both by the firms we regulate directly, and in the financial market broadly. His father suggested that he, Bill Sr., could sift through the paperwork and, with his sons approval, send out some checks. Over the next 13 years, while Bill Gates focused primarily on Microsoft, his father managed the foundation day to day, conferring with its executives and philanthropic experts, sending his son lists of proposed grants, writing checks and shaping the charitys major goals: improving health and education and alleviating poverty in America and the third world. A week later, Bill Jr. set aside $100 million to open what was initially called the William H. Gates Foundation. A prominent attorney in the Pacific Northwest, the elder Gates was also a philanthropist and an active member of his community. November 02, 2020, Transcripts and other historical materials, Federal Reserve Balance Sheet Developments, Community & Regional Financial Institutions, Federal Reserve Supervision and Regulation Report, Federal Financial Institutions Examination Council (FFIEC), Securities Underwriting & Dealing Subsidiaries, Types of Financial System Vulnerabilities & Risks, Monitoring Risk Across the Financial System, Proactive Monitoring of Markets & Institutions, Responding to Financial System Emergencies, Regulation CC (Availability of Funds and Collection of (The firm is now called K&L Gates.) The shutdown and stay-at-home orders have since been suspended. His dads generosity helped shape the values of the Gates Foundation, and influenced his son beyond business and philanthropy. GeekWires Taylor Soper and Kurt Schlosser contributed to this report. Pictured at top: Bill Gates Sr. stands with the inaugural recipients of the Gates Public Interest Law Scholarship at their 2009 graduation. SEC. The Fed - Supervision and Regulation Letters - Federal Reserve Dallas Federal Reserve economists warned this week that the U.S. housing market could face a steep drop in prices as the result of higher mortgage rates. Bill Gates Sr., a transformative force for good | Office of the President ET. He moved to Germany in 2015 to work for the International Paralympic Committee, where he is now CEO. Review of Monetary Policy Strategy, Tools, and Communications, Banking Applications & Legal Developments, Financial Stability Coordination & Actions, Financial Market Utilities & Infrastructures, Remarks by Governor Bowman on design issues for central bank facilities in the future This activity helps students learn the differences between money, net worth, and wealth. When he passed away in September 2020, The New York Times stated in. Marty Smith, a former partner at the law firm Preston Gates & Ellis, and longtime friend of the elder Gates, said memories of Bill Sr. help to guide him during these difficult times. Bill Gates' Father: Info on Bill Gates Sr.'s Career and Philanthropy The Federal Reserve, the central bank of the United States, provides Bill Gates Sr. who guided billionaire son's philanthropy dies at 94 "Without me, you . the nation with a safe, flexible, and stable monetary and financial In 1964, Gates co-founded a Seattle law firm that later became Preston, Gates & Ellis (now K&L Gates). [Right/Left Arrows] seeks the video forwards and back (5 sec ); [Up/Down Arrows] increase/decrease volume; [F] toggles fullscreen on/off (Except IE 11); The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off. by Lisa Stiffler & Todd Bishop on September 15, 2020 at 4:16 pmSeptember 16, 2020 at 9:18 am. When I was a kid, he wasnt prescriptive or domineering, and yet he never let me coast along at things I was good at, and he always pushed me to try things I hated or didnt think I could do (swimming and soccer, for example), Gates Jr. wrote in the tribute. Mary Maxwell Gates Biography - Facts, Childhood, Family Life, Achievements He cared a lot about the program and that we would succeed in public interest law. Last year, a fellow scholar, Vanessa Hernandez, 09, became the director of advocacy for the Northwest Justice Project, the states largest publicly funded legal aid program. [RELATED: Read GeekWires 2015 profile of Bill Gates Sr.], I never stopped learning from his wisdom, kindness, and humility, he added. H.8, Assets and Liabilities of U.S. It honored Gates professional pursuits, his appetite for community service and his belief in the UW as a leader for positive change. He was so well-known in the legal community and at the University, says Melody. [21][22] He was also the author of the book Showing Up for Life: Thoughts on the Gifts of a Lifetime. Federal Reserve Board - Home During a 2002 visit to Africa, Gates (left), former South African president Nelson Mandela and former President Jimmy Carter hold infants born with HIV. Gates also served for many years on the boards of several major corporations: First Interstate Bank of Washington; Unigard Security Insurance Group; Pacific Northwest Bell Telephone Company, which became USWEST Communications; and KIRO Incorporated. United States, Structure and Share Data for U.S. Offices of Foreign Banks, Financial Accounts of the United States - Z.1, Household Debt Service and Financial Obligations Ratios, Survey of Household Economics and Decisionmaking, Industrial Production and Capacity Utilization - G.17, Factors Affecting Reserve Balances - H.4.1, Federal Reserve Community Development Resources, Bank Secrecy Act/Anti-Money Laundering Examination Manual, Examination Manual for U.S.
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