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  1. The Susan T. Buffett Foundation has offered scholarships to college students in Nebraska for over 50 years. Scholarships are awarded on a competitive basis to first-time freshman entering college who live in Nebraska, graduate from a Nebraska high school (or GED) with plans to attend a Nebraska public college, and demonstrate financial need.

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    • Buffett Scholar

      1. What costs are covered with my Susan T. Buffett...

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    • 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-...

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  3. Feb 21, 2020 · Gradually, he converted it into an investment firm, and under his guidance, it grew into one of the largest and most successful holding companies in the world. Susan was a director of Berkshire Hathaway and president of the Buffett Foundation. From 1977 on, the Buffetts lived apart, but remained married and close friends.

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