How Does Warren Buffett make his charitable donations?
Warren Buffett is in the process of donating the bulk of his estate to the Bill and Melinda Gates Foundation. The majority of his Berkshire stock (5 percent of his wealth each year over the next 20 years) is being transferred to the Gates Foundation. The Susan Thompson Buffett Foundation sponsors an outstanding Omaha public teacher (K – 12) awards each year as well as a scholarship program for Nebraska college students. Each of Warren’s three children also have their own foundations. Eldest daughter Susan A Buffett’s charity is called The Sherwood Foundation and is focused on children and family welfare in low income neighborhoods in Omaha. Howard G Buffett Foundation is targeting global environmental and conservation needs. Peter Buffett with his NoVo Foundation is currently evaluating how they will distribute their funds to change, alter and invent. Warren’s sister Doris also has her own Sunshine Lady Foundation which focuses on solving domestic violence. Read How Buffett’s Giveaway
