As Thanksgiving approaches, Warren Buffett, billionaire investor, is continuing his pattern of philanthropy by donating $870 million to four family-run foundations. This tradition of giving back reflects Buffett’s commitment to sharing his substantial wealth, estimated at around $120 billion. The generous donations are structured in the form of shares from Buffett’s conglomerate, Berkshire Hathaway. A […]
Bill Gates, the richest man in the world, has just made his biggest contribution to charity since the year 2000. According to a recent U.S. Securities & Exchange filing, Gates gave 64 million Microsoft shares (the equivalent of $4.6 billion) to an undisclosed recipient. Although the beneficiary has not been named, it is expected that […]
2014 was a great year in the world of philanthropy. Organizations and individual philanthropists gave generously over the last 12 months, and it was inspiring to see such bigheartedness. Here, we highlight some of the greatest philanthropic contributions of 2014 in the areas of education, health, the arts, and other charitable foundations. Health – One […]
Earlier this month, Forbes hosted its third annual Forbes 400 Summit on Philanthropy, an occasion that brought together some of the world’s leading social entrepreneurs, activists, and philanthropists. The event, held at the New York Public Library, was formed with the mission of creating innovative solutions for educational issues. At this year’s summit, these issues […]
Warren Buffett is undeniably one of the most generous, most widely known philanthropists in the world. From processing each and every written donation request the old fashioned way, to inspiring other billionaires to give the majority of their wealth to charity, Buffett has worked hard throughout his lifetime to help shape the world for the […]
One would assume that Warren Buffett – the American business magnate, remarkably successful investor, and renowned philanthropist – would toss aside most individual requests for charitable donations, given their high volume. Not so, says Josh Funk for The Huffington Post. Funk explains that “instead of tossing the letters aside, Buffett packages them up and sends […]
Peter Buffett, son of millionaire Warren Buffett, feels that there needs to be some changes in the field of philanthropy. He sees the problem as too much focus on the donor and not enough on the ground. If our system of philanthropy is keeping people here employed, then it’s not fully functional, according to Buffett. […]