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Warran Buffet Charity

In: Business and Management

Submitted By GiGi5
Words 568
Pages 3
Warren Buffet Charity & Community Involvement
Charity Work
Aside from Warren Buffets accomplishments as a successful investor, he has also demonstrated his ability to be an influential role model to those in his community through his involvement. One of the ways he does this is through his extensive donations to charity. Perhaps one of the largest donations that Warren Buffet has made throughout his career is to the Gates Foundation, which supports the improvement of health and education, mainly in poor countries. Buffet plans to donate $31 billion dollars to the Gates Foundation. This generous support will contribute to making the Gates Foundation the biggest and most successful organization of its kind. (New York Times, 2006). In addition, Buffet now serves as a trustee for the Gates Foundation. Another $6 billion in donations was given to charities such as the Susan Thompson Foundation, named after Buffets late wife, the Howard G. Buffet foundation, named after and run by Buffet’s son, the Susan A. Buffet foundation which is run by Buffet’s daughter and finally the NoVo Foundation which is run by Buffet’s other son Peter. These charities cover a variety of causes dealing with abortion rights, environmental issues, educational opportunities for low income children, anti-nuclear proliferation issues and human rights. (New York Times, 2006).

In addition to Buffet’s donations to privately owned charities, his leadership capabilities are also demonstrated in his charity work. He has done this through the formation of the “Giving Pledge Initiative” which was made public by himself and Bill Gates in 2010 in effort to encourage other wealthy American business men to share there wealth with those in need. It is through Buffet’s desire to see positive change in the world that other billionaires have followed his example. Since the start of the initiative, many other

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