September 3, 1999

Bill Gates Merges 2 Foundations to Form $17-Billion Philanthropy

By ALISON SCHNEIDER

Bill Gates, chairman of the Microsoft Corporation, is merging two of his foundations to form the wealthiest philanthropy in the country, with a net worth of $17.1-billion.

Officials of the merged foundation say its focus on higher education is likely to grow.

Last month, Mr. Gates and his wife, Melinda, announced that they were consolidating the William H. Gates Foundation and the Gates Learning Foundation into a single entity, the Bill and Melinda

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