Bill Gates has done something similar with his money though has spread it accross the board
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Bill & Melinda Gates Foundation
From Wikipedia, the free encyclopedia
Bill & Melinda Gates Foundation
Bill & Melinda Gates Foundation logo.svg
Abbreviation BMGF
Formation 2000; 16 years ago[1]
Founders
Bill Gates
Melinda Gates
Type Non-operating private foundation
(IRS exemption status): 501(c)(3)[2]
Purpose Healthcare, Education, Ending poverty
Headquarters Seattle, Washington, United States
Area served
Worldwide
Method Donations and Grants
Key people
Bill Gates, co-founder and co-chair
Melinda Gates, co-founder and co-chair
William H. Gates, Sr., co-chair
Susan Desmond-Hellmann, CEO
Endowment US$44.3 billion as of 31 December 2014[3]
Employees
1,382[3]
Website gatesfoundation.org
Formerly called
William H. Gates Foundation
(1994–1999)
Bill & Melinda Gates Foundation (or the Gates Foundation, abbreviated as BMGF) is the largest private foundation in the world, founded by Bill and Melinda Gates. It was launched in 2000 and is said to be the largest transparently operated private foundation in the world.[4] The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and in America, to expand educational opportunities and access to information technology. The foundation, based in Seattle, Washington, is controlled by its three trustees: Bill Gates, Melinda Gates and Warren Buffett. Other principal officers include Co-Chair William H. Gates, Sr. and Chief Executive Officer Susan Desmond-Hellmann.[5]
It had an endowment of US$44.3 billion as of 31 December 2014.[3] The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthropy,[6] though the foundation itself notes that the philanthropic role has limitations.[7] In 2007, its founders were ranked as the second most generous philanthropists in America, and Warren Buffett the first.[8] As of May 16, 2013, Bill Gates had donated US$28 billion to the foundation.[1][9]
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Cont: https://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundation