Latest Buffett Foundation Stories

2011-07-12 08:15:00

PHOENIX, July 12, 2011 /PRNewswire/ -- nFocus Software, the leading provider of performance management and outcome measurement software to the public sector, has been selected by Building Bright Futures (BBF) in Omaha, Neb. to deploy a community data system that will help evaluate and support student progress. (Logo: http://photos.prnewswire.com/prnh/20100510/LA02155LOGO) BBF is a comprehensive public-private partnership that seeks to improve academic performance, raise graduation...

2009-07-03 08:05:00

Billionaire investor Warren Buffett gave $1.51 billion to four charities this week, a filing at the U.S. Securities and Exchange Commission shows. Buffett has said he will give away most of his fortune to worthy causes. This year, he continued his practice of giving the bulk of his donations to the Bill and Melinda Gates Foundation, which received $1.25 billion worth of Berkshire Hathaway Inc. stock, the Omaha World-Herald reported Friday. Foundations run by Buffett's three children each...

2006-06-26 19:16:56

By Abha Bhattarai NEW YORK (Reuters) - It was by any measure an historic event: the world's two richest people, with a combined net worth close to $100 billion, explaining why they were giving back most of their wealth to society. Yet the understatement of both Warren Buffett and Bill Gates made it seem far from momentous. In an overheated hotel ballroom, Warren Buffett occasionally brightened the proceedings with quips about his mortality, and Bill Gates smiled like a proud son at...

2006-06-26 18:14:59

By Michele Gershberg NEW YORK (Reuters) - A philanthropic merger between Warren Buffett and Bill Gates, the world's two richest men, sets a new benchmark for the wealth others may donate and the businesslike scrutiny they will demand over those funds. Buffett on Monday signed over much of his $44 billion fortune to the Bill & Melinda Gates Foundation as part of the single largest act of charity in U.S. history. The contribution would double the foundation's assets to more than...

Word of the Day
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.