Planned Bank Merger Could Establish Big Family Fund
By Maria Di MentoA bank merger could lead to the creation of one of the nation’s biggest family foundations. The couple who serve as chief executives of Golden West Financial Corporation, Marion O. Sandler and her husband, Herbert M. Sandler, plan to give some $2- billion to their foundation after…
By Maria Di Mento
Senior Editor
Banker Pledges $70-Million to Science; Other Big Gifts
Seven institutions have received big gifts: The South Dakota Science and Technology Authority, in Lead, S.D., has received a $70- million pledge from T. Denny Sanford, who owns several bank and credit-card companies, to renovate the Homestake Gold Mine, also in Lead, for use as a science and…
By Maria Di Mento
Senior Editor
Making Personal Pitches for Loans
By Ben Gose With the methods of supplying capital to microfinance institutions still in flux, entrepreneurs are exploring some new approaches. Two years ago, Matthew and Jessica Flannery spent time in rural Kenya, Tanzania, and Uganda, where Jessica worked for the Village Enterprise Fund, a…
By Ben Gose
Senior Editor
The Big Promise of Small Loans
A new crop of grant makers -- and investors -- is embracing microfinance to alleviate world poverty By Ben Gose Veena Mankar, a banker in Mumbai (formerly Bombay), India, looked at the slums in her city and wondered why needy people in urban areas could not benefit from the same access to loans and…
By Ben Gose
Senior Editor
Philanthropy’s $60-Billion Behemoth
By committing the bulk of his fortune to the Bill & Melinda Gates Foundation, Warren Buffett is expected to increase the foundation’s spending power by at least $31-billion in coming years. If all the money Mr. Buffett pledged were handed to the foundation today, it would more than double the size…
Warren Buffett outlined his gifts to the Bill & Melinda Gates Foundation and four family-related ALSO SEE:Article: Contribution to HistoryArticle: Buffett Children Forge Their Own Philanthropic PathsArticle: Warren Buffett’s Eldest Son Shifts Giving Focus to Humanitarian CausesArticle: A Passion…
Philanthropic World Voices Mixed Reaction on Buffett’s Gift to Gates Fund
Stanley N. Katz, lecturer, Woodrow Wilson School of Public and International Affairs, Princeton University I am happy to join the chorus of congratulations to Warren Buffett for deciding to make philanthropic ALSO SEE:Article: Contribution to HistoryArticle: Buffett Children Forge Their Own…
A Family Foundation Is About to Become One of the Nation’s Wealthiest
By Suzanne PerryThe Susan Thompson Buffett Foundation, named after the late wife of the billionaire investor Warren E. Buffett, ALSO SEE: Article: Contribution to History Article: Buffett Children Forge Their Own Philanthropic Paths Article: Warren Buffett’s Eldest Son Shifts Giving Focus to…
By SUZANNE PERRY
Contributor
Children and Women Are Focus of Youngest Buffett’s Philanthropy
By Ben Gose In letters pledging $1-billion apiece to the foundations run by his three children, Warren Buffett wrote: “Expect to ALSO SEE: Article: Contribution to History Article: Buffett Children Forge Their Own Philanthropic Paths Article: Warren Buffett’s Eldest Son Shifts Giving Focus to…
By Ben Gose
Senior Editor
A Passion for Kids and Education Fuels Giving for One Buffett Child
By Ben Gose Susie Buffett shares her father’s passion for public education — and it is her foundation’s biggest area of focus. Ms. Buffett expects to distribute ALSO SEE: Article: Contribution to History Article: Buffett Children Forge Their Own Philanthropic Paths Article: Warren Buffett’s Eldest…
By Ben Gose
Senior Editor