Buffett to Up Contributions to His Children’s Foundations

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September 4, 2012; Source: The Herald (Associated Press)

Though not planning to decrease his pledges to the Bill and Melinda Gates Foundation or the Susan Thompson Buffett Foundation, Warren Buffett has announced that he will significantly increase the amount of stock that will be dedicated to the three foundations established by his children: Howard, Susie and Peter. He made the announcement on his 82nd birthday in a letter published in the Omaha World-Herald. Each of the three foundations was to have received $1.5 billion but that has now been increased to approximately $2.1 billion.

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The pledge increase will lessen Buffet’s assets now uncommitted to charity; he was scheduled to give away 85 percent of his stock to the five foundations mentioned above, but the new announcement means that at least 90 percent will now be directed to those foundations. His plan is to commit the whole of his stock to charity with all proceeds to be spent out by 10 years following the close of his estate. –Ruth McCambridge


    SURE….Mr. Warren Buffet !

    Doing good but with your dears only

    May you wish to extend the same opportunity to underprirvleged areas of the WORLD i.e. Pakistan

    our NGO is registered with the Govenment of Pakistan.

    website: cews-pak.blogspot.com

    President & Founder


  • Lidia Reyes Flores

    I am and executive Director in Southwest Detroit and I serve a diverse group of people and this area is predominately Latin.
    My client base is diverse. it Is necessary that we be aware that the entire country have areas of need and that we need to address these needs in our are own back yard. In my case for the young children that will be the voice and future of tomorrow. Remember this when making your donations and pledges . Latino Family Services.org


  • kaprie thoronka

    we are in Sierra Leone with lots of orphans and street children living in high social risks. we want to house these children. we will be happy if the Buffet family be honoured in the home or name the home. schools are opening next week and no uniforms and books yet available for them. i am kindly asking people to help save the lives of these beautiful children. our email is kaps.thoronka@childhelpsl.org. thanks

  • audu abraham

    warren, please come over to nigeria and help fight insecurity, corruption and povrety pushing nigeria into extinction. its betterto fetch water from the ocean and give to where it is needed than to pour it back to the ocean.


    Anyone in the world an be remembered in Sierra Leone. BE PART TODAY by supporting a program in ChildHelp SL. HOW YOU CAN DO IT? Your name, children’s name, wedding day, family’s name, town, etc be given to a project, Projecst available to remember you forever are as follows: Uniform, water well, orphanage home, children’s village, school building, school bus, school hall, farm and garden, school scholarships, shopping mall or any area you are interesting in which will save thousands of children’s lives. your support and memorial name will written down forever. If interested, pls email us at kaps.thoronka@childhelpsl.org for information, on how to go about it. Thanks to all.