16 Jun 2010

Bill Gates, Melinda Gates, and Warren Buffett Announce 'The Giving Pledge'

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America’s richest people should commit at least 50 percent of their net worth to charity, three of the nation’s wealthiest citizens said today.

Warren Buffett, who has committed 99 percent of his fortune to charity, along with Bill and Melinda Gates, who have given more than $28-billion to their foundation and say they plan to give a significant portion of their remaining wealth to good causes, issued the pledge.

It follows meetings they have been holding across the country to gather donors and encourage them not only to give that much but also to announce their giving plans publicly as way of inspiring other wealthy people to give substantial sums.

http://philanthropy.com/article/Wealthy-America...

Source/Attribution

'Wealthy Americans Urged to Give Billions to Charitable Causes'; Maria Di Mento/Caroline Preston, Chronicle of Philanthropy, June 16, 2010, philanthropy.com.

Added Fri, Dec 17 2010 at 11:00PM UTC by

Colin Harris

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