Dean's World

Defending the liberal tradition in history, science, and philosophy.

Congratulations to this year’s winners!

The 2004 Slate 60: Donations - The 60 largest American charitable contributions of the year. Compiled by the Chronicle of Philanthropy

Susan T. Buffett—$2.55 billion to the Buffett Foundation, Howard G. Buffett Foundation, Susan A. Buffett Foundation, and Spirit Foundation. Buffett, a director of Berkshire Hathaway, in Omaha, Neb., who died on July 29, 2004, at 72, left approximately $2.4 billion to the Buffett Foundation, in Omaha. Ms. Buffett was the wife of Warren E. Buffett, Berkshire Hathaway's chairman and chief executive officer, and was the president of the foundation, which supports education, medical research, and efforts to curb population growth. She also left $50 million to the Howard G. Buffett Foundation, in Decatur, Ill., which was founded by one of her two sons. The foundation supports wildlife and environmental causes and education and human services programs. Buffett gave $50 million to her daughter's fund, the Susan A. Buffett Foundation, in Omaha, which supports early childhood education for low-income families, the arts, reproductive health, and Christian organizations. She left an additional $50 million to the Spirit Foundation, in Omaha, which is run by her son Peter A. Buffett, and supports arts, education, and human service organizations. According to Susan Buffett's will, the money derives from 31,707 shares of Berkshire Hathaway stock that she owned at the time of her death. The exact amount of the gift to the Buffett Foundation will depend on changes in the value of the stock once Buffett's estate is settled later this year. Susan Buffett was the wife of Warren E. Buffett, Berkshire Hathaway's chairman and chief executive officer.

And:

William H. (Bill) III and Melinda F. Gates—$627 million to the Bill & Melinda Gates Foundation. Bill Gates, 49, chairman and chief software architect of the Microsoft Corp., in Redmond, Wash., and his wife, Melinda, 39, paid $627 million toward a pledge of approximately $3.35 billion to the Bill & Melinda Gates Foundation, in Seattle. This most recent infusion of cash came from a Microsoft stock dividend that Bill Gates received in late 2004. (A profile of the Gates Foundation appeared in the Nov. 11, 2004, issue of the Chronicle of Philanthropy.)

The world is truly a better place for having them in it...

Related Posts (on one page):

  1. That's _Sir_ Bill
  2. Congratulations to this year’s winners!
Posted by Andrew Cory | Permalink | Technorati Trackbacks
Michael Demmons (mail) (www):
That's actually pretty low for the Gates's!! They usually throw a lot more money around than that. But good for them all. I agree, they get kicked around far too much for being evil wealthy people. If more people know how much money Bill and Melinda Gates gave away, they'd have an entirely different opinion of them.

Well, maybe people in that mindset wouldn't.
2.28.2005 5:53pm
Andrew Cory (mail) (www):
They pledged 2.7billion, but they only gave several hundred million of that this year. But, yes, the Gates’s do tend to give lots of money...
2.28.2005 6:37pm
Meezer (mail):
They give in lots of other ways than cash. At my college (and most, I think) as a student I can buy tons of MS software at $10 bucks a pop. This semester I bought XP Professional, Office Professional, Frontpage, and Visual Basic for Developers. Retail: $1100. I paid $40. Thanks Bill!
3.1.2005 8:42am
Scott Kirwin (mail) (www):
Some of our greatest philanthropists were also robber barons and cut-throat businessmen. Andrew Carnegie comes to mind, but nearly everyone whose name is familiar to us only because the word "Foundation" or "Endowment" is appended to their name today got their money by "bending" the rules.

In the long-term, I believe our society benefits overall. However, that doesn't mean that in the short-term Internet Explorer and Windows XP don't suck.
3.1.2005 9:07am
Steven Malcolm Anderson (www):
I admire the "Robber Barons" who built this country. Unfortunately, the foundations they long ago established are now being used to finance socialist causes that would have horrified them. I'm against that.
3.1.2005 6:16pm