◆As we all are familiar with the name "Warren Buffett" ,Recently he has made a biggest donation till date .
◆Warren Buffett is known for this long term investments and the most successful Investor of this era .
◆In this past week he has donated roughly $3.4 billion of Berkshire Hathaway Inc (BRKa.N) stock to five charities.
◆The stock went to,
1] Bill & Melinda Gates Foundation
● Bill & Melinda Gates Foundation (BMGF), also known as the Gates Foundation, is a private foundation founded by Bill and Melinda Gates.
● It was Founded in 2000,and is said to be the largest private foundation in the US, holding $38 billion in assets.
● The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and in America, to expand educational opportunities and access to information technology.
● Key peoples :-
Bill Gates (Co-Chair)
Melinda Gates (Co-Chair)
William H. Gates Sr. (Co-Chair)
Susan Desmond-Hellmann (CEO)
Website :- https://www.gatesfoundation.org
2] Susan Thompson Buffett Foundation
● The Buffett Foundation is a charitable organization .
● It was founded in 1964 by Omaha, Nebraska, investor and industrialist Warren Buffett as a vehicle to manage his charitable giving.
● It was renamed the Susan Thompson Buffett Foundation in honor of his wife, Susan Buffett, who died in 2004.
Website :- https://buffettscholarships.org
3] Sherwood Foundation
● It was founded in 1999 by Susan Alice Buffett, an American philanthropist and daughter of Warren Buffett and Susan Thompson Buffett.
● The Sherwood Foundation promotes equity through social justice initiatives enhancing the quality of life in Nebraska.
Website :- https://sherwoodfoundation.org
4] Howard G. Buffett Foundation
● It was founded in 1999 by Howard Graham Buffett.
Website :- http://www.thehowardgbuffettfoundation.org
5] Novo Foundation
● It was founded in 1922.
● NoVo Foundation is dedicated to catalyzing a transformation in global society, moving from a culture of domination to one of equality and partnership.
Website :- https://novofoundation.org
Charity Gift
◆ Warren Buffett has donated a total of about $31 billion to the foundations, according to a statement Monday from Berkshire, where he is chief executive officer and chairman.
◆ The billionaire investor pledged in 2006 to give his wealth to philanthropy and has pushed other entrepreneurs to pursue charitable giving. Donations to the five foundations have been boosted by gains in Berkshire’s stock price, which climbed 13 percent over the past year.
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