Tag Archives: philanthropy

Warren Buffett donates whopping $6 billion Berkshire shares! Highest charity by billionaire in nearly 2 decades; total crosses $60 billion – Times of India

Warren Buffett donates whopping  billion Berkshire shares! Highest charity by billionaire in nearly 2 decades; total crosses  billion – Times of India

Warren Buffett, chairman and CEO of Berkshire Hathaway (Image credits: AP) Billionaire investor Warren Buffett donated $6 billion worth of Berkshire Hathaway stock on Friday to the Bill & Melinda Gates Foundation and four family-run charities. This marks his largest annual donation since he began giving away his fortune in 2006.The donation included about 12.36 million Class B shares of …

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Bill Gates Explains His Plans to Close the Gates Foundation in 2045

Bill Gates Explains His Plans to Close the Gates Foundation in 2045

Donald Trump is the face of these cuts, but the cruelty of his administration is not the only story. After leaping upward in the 2000s, global giving for health grew very slowly through the 2010s. The culture of philanthropy has changed somewhat, too, with the age of the Giving Pledge — in which hundreds of the world’s richest people promised …

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What to Know About Bill Gates’s Plans to Shut Down the Gates Foundation

What to Know About Bill Gates’s Plans to Shut Down the Gates Foundation

In the next 20 years, Gates believes, progress will be ‘incredible.’ “This is a miraculous time,” he told me, with the most exciting work the foundation has ever done sitting in the R.&D. pipeline now, waiting to be delivered. It was almost hard to keep up with his survey of breakthroughs: on H.I.V., on tuberculosis, but also on more obscure …

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David Paton, Creator of Flying Eye Hospital, Dies at 94

David Paton, Creator of Flying Eye Hospital, Dies at 94

David Paton, an idealistic and innovative ophthalmologist who started Project Orbis, converting a United Airlines jet into a flying hospital that took surgeons to developing countries to operate on patients and educate local doctors, died on April 3 at his home in Reno, Nev. He was 94. His death was confirmed by his son, Townley. The son of a prominent …

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Overlooked No More: Katharine McCormick, Force Behind the Birth Control Pill

Overlooked No More: Katharine McCormick, Force Behind the Birth Control Pill

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times. Katharine Dexter McCormick, who was born to a life of wealth, which she compounded through marriage, could have sat back and simply enjoyed the many advantages that flowed her way. Instead, she put her considerable fortune — …

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As the U.S. Exits Foreign Aid, Who Will Fill the Gap?

As the U.S. Exits Foreign Aid, Who Will Fill the Gap?

As the reality sets in that the United States is drastically diminishing its foreign assistance to developing countries, an urgent conversation is starting among governments, philanthropists, and global health and development organizations. It is centered on one crucial question: Who will fill this gap? Last year, the United States contributed about $12 billion to global health, money that has funded …

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