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- Warren Buffett's intention was originally to leave 99% of his estate to the Buffett Foundation, but in June 2006 he announced that he would give 85% of his wealth to the Bill & Melinda Gates Foundation instead.
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Jun 28, 2022 · June 28, 2022, 5:00 AM PDT. Warren Buffett has pledged for years to give away the bulk of his fortune to the Bill & Melinda Gates Foundation. But a lesser-known charity might also receive a...
Jun 28, 2022 · Warren Buffett has pledged for years to give away the bulk of his fortune to the Bill & Melinda Gates Foundation. But a lesser-known charity might also receive a windfall. Sixteen years...
Jun 22, 2022 · In 2006, the Omaha billionaire made a pledge worth tens of billions of dollars: He would earmark 85% of his stock in his company, Berkshire Hathaway Inc., for charity, with the bulk going to...
- Management
- History
- Giving
- Abortion Funding
- Gates Foundation
- Source of Wealth
Allen Greenberg, the executive director of the foundation, was married from 1983 to 1995 to the Buffetts' daughter, Susie, who is chair. The Buffett Foundation was set up in 1964 but had no director until Greenberg took the job in 1987.
Susan Buffett's will bestowed about $2.5 billion on the foundation, to which her husband's further gifts of $315 million have been added.
The Buffett Foundation does not accept unsolicited requests, preferring instead to seek out worthy recipients on its own. Of the $17.6 million that the Buffett Foundation donated in the fiscal year ended June 30, 1999, nearly $3.8 million went to Planned Parenthood, among its top contributors. It also involves itself directly at the clinic level. I...
In the 1990s, the Buffett Foundation helped finance the development of the abortion drug RU-486. Between 2001 and 2014, the foundation contributed over $1.5 billion to abortion related causes, including at least $427 million to Planned Parenthood and $168 million to the National Abortion Federation. It has also funded the Guttmacher Institute, whic...
Warren Buffett's intention was originally to leave 99% of his estate to the Buffett Foundation, but in June 2006 he announced that he would give 85% of his wealth to the Bill & Melinda Gates Foundationinstead. Buffett stated that he changed his mind because he has grown to admire Gates's foundation over the years; he believed that the Gates Foundat...
The vast bulk of Buffett's wealth consists of his personal holdings in Berkshire Hathaway, a conglomerateof which he controls almost 40% directly, and which he has managed personally since the mid-1960s. Giving away such a large part of his company holding could prove problematic in that much of the business of Berkshire Hathaway consists of stock-...
Jun 27, 2022 · Of Buffett's $90 billion Berkshire stake, $56 billion will go to the Gates Foundation and $17.4 billion to four family charities, leaving an uncommitted $18.7 billion—all numbers the Journal...
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- Chloe Berger
Jun 25, 2006 · The gifts to the Gates foundation will be made either by Buffett or through his estate as long as at least one of the pair -- Bill, now 50, or Melinda, 41 -- is active in it.
Jun 23, 2023 · Warren Buffett's annual contribution to five foundations this year totals nearly $4.6 billion, his largest thus far. ... Susan in 2004 after she left $2.5 billion of her estate to the foundation ...
