Summary
SEATTLE Billionaire investor Warren Buffett's pledge to give most of his money away to the Bill and Melinda Gates Foundation has experts predicting it could energize the nonprofit sector and possibly spawn a new wave of philanthropy.
"It might draw in new philanthropists, new people who are wealthy who haven't given their money yet," said Diana Aviv, president and CEO of Independent Sector, a nonprofit coalition of about 550 charities, foundations and corporate giving programs. The Gates Foundation is a member of the group, based in Washington, D.C.See the full content of this document
Extract
Buffett's Gift Could Change the Face of Philanthropy
Citing Andrew Carnegie, John D. Rockefeller, and W.K.K. Kellogg, Aviv said: "The great business leaders of the past came into giving and changed the face of philanthropy, and th...
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