Lofunzo wrote:Why can't Gates just donate to his own charity and then Buffett could donate to another?? That way, 2 charities benefit.
Gates' foundation is pretty widespread and is the most philanthropic in the country. Buffett specifically gave it to the Gates foundation because was sure it would go to the right causes and organizations.
When it comes to charity, it's not the charities that benefit, but those receiving it. I personally believe quite strongly in what the Gates Foundation does; saving lives, helping those less fortunate, feeding the hungry, vaccinating the sick and improving educations here at home.
The Gates' Foundation is probably the only charity organization that can even handle the huge influx of money.
I suppose. Isn't basically everyone else less fortunate than Gates??
Coppermine wrote:I read about this today and it really is instilling my confidence in the social responsibilities of America's wealthiest citizens.
What's interesting is that a philanthroper will often want to create his own foundation for reason of having a legacy and namesake put to the charity, but here he just forks some over to Bill Gates and says do what you want; it's great. Way to go Warran and Bill
I believe he does have his own charity, but he felt Gates and his wife could use it to do more for their foundation. He is a good guy. He has a very modest house in midtown Omaha.
That's right. I know where he lives.
I thought he lived in Bloomfield Hills, just outside Detroit>
Regardless, he and Gates truly exemplify thr true spirit of noblesse oblige!
Still holds the MLB record for Grand Slams with 23
Coppermine wrote:I read about this today and it really is instilling my confidence in the social responsibilities of America's wealthiest citizens.
What's interesting is that a philanthroper will often want to create his own foundation for reason of having a legacy and namesake put to the charity, but here he just forks some over to Bill Gates and says do what you want; it's great. Way to go Warran and Bill
I believe he does have his own charity, but he felt Gates and his wife could use it to do more for their foundation. He is a good guy. He has a very modest house in midtown Omaha.
That's right. I know where he lives.
I thought he lived in Bloomfield Hills, just outside Detroit> Regardless, he and Gates truly exemplify thr true spirit of noblesse oblige!
Wouldn't surprise me if he had multiple homes, but I know the house that he owns here locally.
Coppermine wrote:I read about this today and it really is instilling my confidence in the social responsibilities of America's wealthiest citizens.
What's interesting is that a philanthroper will often want to create his own foundation for reason of having a legacy and namesake put to the charity, but here he just forks some over to Bill Gates and says do what you want; it's great. Way to go Warran and Bill
I believe he does have his own charity, but he felt Gates and his wife could use it to do more for their foundation. He is a good guy. He has a very modest house in midtown Omaha.
That's right. I know where he lives.
I thought he lived in Bloomfield Hills, just outside Detroit> Regardless, he and Gates truly exemplify thr true spirit of noblesse oblige!
Wouldn't surprise me if he had multiple homes, but I know the house that he owns here locally.
I'm pretty sure that he's originally from Omaha. In fact, isn't his nickname the "Sage of Omaha?"