That's the traditional part; what's new is that members will also give stock in their pre-I.P.O. or newly public companies to PAC.com to put into a kitty and disburse over time.
During the same time period, he also led the Charles E. Culpeper Foundation in New York City as it disbursed over one hundred million dollars in charitable funds to worthy health, educational and cultural institutions.
Distributed computing, the coordinated use of many computers disbursed over a wide area to do complex tasks.
To head the program, which disbursed over $15 million worth of grants last year, he tapped Mr. Scholl, the director of the Miami community program.
A significant chunk of the new money would be disbursed over the next year provided that Argentina sticks to its tough fiscal policy.
For example, Lincoln Center received $240 million from the city for its recently completed renovation, but the sum was disbursed over a 10-year period.
Scholastic, Mastercard, Sanofi – these are just three companies picked at random from the Gates Foundation's public registers of grants disbursed over its 16-year existence.
Another document that contained escrow information, it provided an estimate of how escrows would be collected and disbursed over the next 12 months.
The announcement of the new aid package, which is to be disbursed over the next five years, comes just days before the arrival of President Obama in Japan.
Half of their new, $600 million gift will be disbursed over 10 years by the $5 billion Gordon and Betty Moore Foundation, established a year ago to fund environmental, science, and education projects.
