Monthly Archives: August 2012

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Warren Buffett Pledges $3-Billion More to His Kids’ Foundations

Warren Buffett said today he would give each of his three children $1-billion to donate, in addition to the $1-billion gifts he made to each of their philanthropies in 2006.

To celebrate his 82nd birthday, he said in a letter to his children that he is awarding  12,220,852 Berkshire Hathaway Class B shares to each of their foundations.

Mr. Buffett made history in 2006 when he pledged stock, then worth more than $30-billion, to the Gates Foundation and about $3-billion to a foundation established…

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New Nonprofit Seeks to Improve Giving for Disaster Relief

Bob Ottenhoff, chief executive of Center for Disaster Philanthropy

The Center for Disaster Philanthropy has appointed Bob Ottenhoff as its first chief executive.

In just a few days, the nation will mark the seventh anniversary of Hurricane Katrina and a few weeks later, the 11th anniversary of the terrorist attacks on the World Trade Center and Pentagon.

Those disasters posed major challenges for the philanthropic world, as donors wanted to help but weren’t always sure how they could. Now a new organization plans to help such donors—and to ensure that more m…

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New Web Site Informs Philanthropists About Nonprofits

The Laura and John Arnold Foundation has created a new online forum to help philanthropists learn about charities and then connect with the ones that interest them.

The new Web site is called the Giving Library and includes videos from 250 nonprofits hoping to catch the attention of donors who visit the site. The videos detail each organization’s history, mission, challenges, and plans as well as the results they have achieved.

Donors who find them interesting can then anonymously seek out more …

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An Easy Way to Track the ‘Giving Pledge’

For major-gift fundraisers and aficionados of the super rich and their charitable impulses, the Foundation Center has something for you: a new Web page profiling the 81 wealthy families who’ve joined the “Giving Pledge.”

The pledge was hatched by Bill & Melinda Gates and Warren Buffett to encourage their fellow billionaires to give. People who sign on must commit to donating at least half their net worth; for the 81 families, that amounts to roughly $200-billion.

The Foundation Center’s “Eye on …