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APPLICATION PROCESS. The Foundation currently considers and makes grants twice a year - through a spring grant cycle and a fall grant cycle. The process for Foundation consideration and awarding of grants consists of two steps: 1. Pre-application. Any qualified organization providing services in the Permian Basin and wishing to request a grant ...
The 2024 application is closed. ... The Susan Thompson Buffett Foundation responds to questions about college scholarships only.
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Trustee 2006-2021 (emeritus 2021) As a trustee from 2006 – 2021, Warren Buffett worked along with Bill Gates and Melinda French Gates to help shape our vision and develop strategies to address some of the world's most challenging inequities. Buffett is a U.S. businessman and philanthropist. As chairman and chief executive officer of Berkshire ...
- 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-...
Jan 5, 2024 · In 2006, Warren Buffett pledged a portion of his Berkshire Hathaway, Inc. stock to the foundation to be paid out over time. In 2012, Warren Buffett decided to significantly increase the amount of stock he gives to the foundation, ultimately amounting to about $2.1 billion.
Jun 14, 2022 · Dear Colleagues, Today Warren Buffett released a statement sharing his thoughts on his approach to philanthropy as well as announcing his annual gift to the Bill & Melinda Gates Foundation and the four Buffett family foundations he also funds. It is a very personal and powerful set of reflections and I encourage you all to read it.
How the Foundation Trust works. The Foundation Trust holds the endowment, including the annual installments of Warren Buffett’s gift, and funds the foundation. Bill and Melinda are the trustees for the Foundation Trust, and the endowment is managed, as it has been for almost three decades, by Cascade Management Company. The role of the foundation
