Nytimes_logo_1.gif (1794 bytes) @wehaitians.com  arrow.gif (824 bytes) No one writes to the tyrants  arrow.gif (824 bytes) HistoryHeads/Not Just Fade Away

News & Analysis This Month ... Only our journal brings you hours of fine reporting and research.
Correspond with us, including our executive editor, professor Yves A. Isidor, via electronic mail:
letters@wehaitians.com
Want to send this page or a link to a friend? Click on mail at the top of this window.

news_ana_1_logo.gif (12092 bytes)

journal.gif (11201 bytes)
Organization for Economic Co-operation and Development (O.E.C.D.)

bluebullet.gif (326 bytes)Must learndly read, too; in part, of intellectual rigor; in part, the repository of ultimate knowledge


bluebullet.gif (326 bytes)Our fund raising drive

                                                    
Posted Saturday, February 17, 2007
                  
Warren Buffet heads list of top 21 2006 donors
                          
By Reuters

WASHINGTON, Feb. 16, 2007 (Reuters) - Investor Warren Buffett may hold the title as America's top donor, but his well-heeled competitors helped make 2006 a record year for charitable giving, the Chronicle of Philanthropy reported on Friday.

A record 21 Americans each gave at least $100 million to charitable causes last year, in what amounted to a banner year for universities, medical centers, arts groups and other organizations that depend on charitable giving, the publication reported.

Buffett's $36.1 billion check to the Bill & Melinda Gates Foundation dwarfed other donations as the Berkshire Hathaway CEO began to give away his sizable fortune. The second-richest man in the world -- after Gates -- gave away a total of $43.5 billion last year.

New York Mayor Michael Bloomberg's $165 million in contributions put him at No. 9 on the list. U.S. Treasury Secretary Henry Paulson tied for 18th with $100 million for environmental and other causes.

Other wealthy Americans stepped up to the plate with $7 billion in commitments, according to the publication, up from $4.3 billion in 2005.

Much of the largess came from California-based donors.

Former financial executives Herbert and Marion Sandler donated $1.3 billion to their foundation, which supports medical research.

Bernard Osher, Marion Sandler's brother, and his wife gave $723 million for academic scholarships and the performing arts.

Osher and the Sandlers are former executives of Golden West Financial Corp., an Oakland savings-and-loan that merged with Wachovia Corp. in October.

The late Bay Area real-estate mogul Jim Joseph gave $500 million for Jewish education, while Hector Guy and Doris Di Stefano of Santa Barbara left $264 million to several charities.

Microsoft Corp. founder Gates and his wife gave away $316 million last year, but they were left off the Chronicle's list because they made no new commitments.

Copyright © 2007 Reuters Limited

Wehaitians.com, the scholarly journal of democracy and human rights
More from wehaitians.com
Main / Columns / Books And Arts / Miscellaneous