Daily News Roundup: Annual Warren Buffett Charity Gift Tops $3 Billion

Warren Buffett Donates $3.2 Billion in Berkshire Hathaway Stock: Rising share prices for Mr. Buffett’s investment firm boosted the value of his 12th annual stock gift to the Bill & Melinda Gates Foundation and four grant makers associated with his family to a new high in dollar terms, Forbes writes. Mr. Buffett has now given about $27.5 billion to the five organizations.

Priscilla Chan Takes Charge at Chan Zuckerberg Initiative: The 32-year-old pediatrician has taken on day-to-day responsibility for leading the philanthropic vehicle into which she and her husband, Facebook CEO Mark Zuckerberg, plan to pour 99 percent of their fortune, tech-news site Recode writes in a profile of Ms. Chan and her ambitions for the venture. Read a Chronicle article about top CZI officials’ philanthropic and business backgrounds.

Tex. Grocery Magnate Gives $50 Million for Teacher Training: The donation from Charles Butt, the chief executive of supermarket chain H-E-B, will support scholarships for budding educators studying at 10 Texas universities, reports The Dallas Morning News. Earlier this year, Mr. Butt pledged $100 million to establish a center to train public-school administrators.

Bernie Sanders’s Wife Under Investigation for College-Donation Claims: The federal inquiry centers in part on whether Jane Sanders, while serving as president of Burlington College, provided inaccurate information to trustees and lenders about prospective gifts to the institution in seeking financing for a land deal, according to The Washington Post. The 32-acre purchase, intended to expand the small private college, instead saddled it with debt that led to its closure.

Opinion: Philanthropic Planning Key for Financial Advisers: An executive with wealth-management firm State Street Global Advisors writes in Barron’s about how financial professionals can incorporate guidance on giving into their practices, a step the company’s research indicates boosts clients’ satisfaction. And in Forbes, a philanthropy consultant offers advice to donors on choosing the right giving adviser. Read an article from The Chronicle’s Resource Center on how nonprofits can build ties with financial professionals.

Defunding Planned Parenthood Could Flood Community Clinics: Federally backed health centers that provide family-planning services would see their contraception caseloads as much as triple if congressional Republicans follow through on plans to cut off Medicaid funding to Planned Parenthood for a year, The Washington Post writes, citing a data analysis by pro-abortion rights group the Guttmacher Institute.