PC sales, the foundation of Microsoft's business, were strongest in the United States and Europe and weaker in Japan and Latin America, he said.
With proceeds from the sales the foundation expects to increase its $225 million endowment and hopes to help fill the void left by declining private and government arts support.
Sales benefit the foundation, which Mr. Armstrong set up in 1997 when he was being treated for testicular cancer, which had spread to his lungs and his brain.
The remaining $9 million would come from taxes on increased sales that the foundation said will result from wine being more available.
The Canadian sales data for foundation undergarments, from 1960 to 1971, vividly demonstrates the shift in tastes.
Hence, SES differences in the larger proportion of off-promotion sales laid the foundation of the SES gap in food purchasing, which was exacerbated by promotional activities.
Several years before the sale Mr. Miller used foundation funds to expand the property by several hundred acres.
Giovanni Tamburi, an investment consultant based in Milan, has produced a detailed list of possible asset sales, including of foundations that still own some banks, as well as a programme of liberalisation.
Because some of the people who stood to benefit from the sale were Clinton Foundation donors, conservative media and other critics of the 2016 presidential nominee have alleged a quid pro quo, even though the State Department didn't have the power to unilaterally approve or reject the deal and Clinton herself was not directly involved in the approval process.
