Gifted | Arkansas Blog

Monday, June 26, 2006

Gifted

Posted By on Mon, Jun 26, 2006 at 5:42 AM

Here's a full account of Warren Buffett's decision to give away most of his fortune to charitable causes, principally the Gates Foundation. Buffett, a proponent of the estate tax, has other leanings some might call liberal.

The other charities that Mr. Buffett will divide about $6 billion in stock among are the Susan Thompson Buffett Foundation, which is named after Mr. Buffett's wife and emphasizes family planning, abortion rights and anti-nuclear proliferation issues; the Howard G. Buffett Foundation, which is named after and run by one of Mr. Buffett's two sons and focuses on environmental and conservation issues; the Susan A. Buffett Foundation, which is named after and run by Mr. Buffett's daughter and supports educational opportunities for low-income children; and the NoVo Foundation, which is run by Mr. Buffett's other son, Peter Buffett, and has focused on education and human rights.


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