Announcing Quote by Bill Gates
“I was announcing to the public, in 2006, that I'd be leaving Microsoft in a couple of years and focusing full-time on the foundation. That was the time at which we went back to New York and Warren [Buffett] announced these gifts to a number of foundations, with a very high percentage of it going to us and basically doubling our capacity.”
About This Quote
Source Speech: Microsoft Annual Shareholder Meeting, 2006
He announced his departure from Microsoft to focus on philanthropy, coinciding with Warren Buffett’s foundation gifts that boosted their capacity.
In simple terms: Leaving Microsoft for philanthropy, aided by Buffett’s gifts.
Transition to philanthropy.
Themes
Mood
Type
When to use this quote
- career transition planning
- philanthropic strategy
- foundation fundraising
Key Concepts
Questions to Reflect On
- What motivates executives to shift to philanthropy?
- How can foundations ensure responsible growth?
If the foundation lacks proper governance, increased capacity could be misused.