Giving
The Buffett Foundation does not accept unsolicited requests, preferring instead to seek out worthy recipients on its own.
Of the $17.6 million that the Buffett Foundation donated in the fiscal year ended June 30, 1999, nearly $3.8 million went to Planned Parenthood, among its top contributors. It also involves itself directly at the clinic level.
International Projects Assistance Services (IPAS), based in Carrboro, N.C., manufactures a handheld suction pump used in developing countries to initiate abortions. The Buffett Foundation has backed IPAS for years. Its 1999 contribution of $2.5 million is part of a five-year, $20 million commitment that will enable IPAS to double its capacity.
Currently, the Foundation provides grants to a large range of US and a few international organisations, including the Willows Foundation in Turket (€2.3 million), the World Food Programme in Italy (€800,000), Marie Stopes International in the UK (€571,000); and Grupo de Informacion en Reproduccion Elegida in Mexico (€196,000).
By 2008, the Foundation had nearly $4 billion in assets. In 2007, Omaha's Building Bright Futures initiative promised financial support to low-income students in the area who wanted to attend college. But the Buffett program is offering help across Nebraska. For years, the foundation capped the scholarship at about 100 students. Starting with the 2007-08 school year, the foundation lifted that cap. 770 students—including 400 new recipients this fall—held a Buffett scholarship. The foundation granted nearly $2.4 million during the 2007-08 year. Susie Buffett said she hopes the number of scholarship recipients, particularly students from the Omaha area, increases significantly next year.
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Famous quotes containing the word giving:
“In our minds lives the madonna image—the all-embracing, all- giving tranquil mother of a Raphael painting, one child at her breast, another at her feet; a woman fulfilled, one who asks nothing more than to nurture and nourish. This creature of fantasy, this myth, is the model—the unattainable ideal against which women measure, not only their performance, but their feelings about being mothers.”
—Lillian Breslow Rubin (20th century)
“Science has done great things for us; it has also pushed us hopelessly back. For, not content with filling its own place, it has tried to supersede everything else. It has challenged the super-eminence of religion; it has turned all philosophy out of doors except that which clings to its skirts; it has thrown contempt on all learning that does not depend on it; and it has bribed the skeptics by giving us immense material comforts.”
—Katharine Fullerton Gerould (1879–1944)
“Here I pause in my sojourning, giving thanks for having come,
come to trust, at every turning, God will guide me safely home.
Jesus sought me when a stranger, wandering from the fold of God,
Came to rescue me from danger, precious presence, precious blood.”
—Robert Robinson (1735–1790)