The document discusses the governance of the Bill and Melinda Gates Foundation. It notes that the Foundation was founded in 1994 and renamed in 1999, and its endowment doubled to $35.1 billion in 2006. The Foundation focuses on global health, global development, and US programs. Bill and Melinda Gates and Warren Buffett are the three trustees that control the Foundation. Bill and Melinda Gates shape the Foundation's strategies and set its overall direction. The Foundation will operate until 50 years after the founders' deaths.