donation

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Warren Buffett Just Gave Away $3.2B
Warren Buffett Just
Gave Away $3.2B
Jul 11, 2017 7:14 AM CDT

Warren Buffett Just Gave Away $3.2B

Largest chunk to go to Bill and Melinda Gates Foundation

(Newser) - Warren Buffett remains the fourth-richest person in the world, but his pockets are now significantly lighter. As part of his annual giving spree, the billionaire announced Monday he would donate $3.17 billion in Berkshire Hathaway stock to five charities. The Bill and Melinda Gates Foundation will receive the largest...

His $1K Investment Became $2M. Then He Gave It All Away

'You have to do some good in this world,' says Russ Gremel

(Newser) - It cost Chicago's Russ Gremel $1,007 to buy almost 28,000 shares in local company Walgreens some 70 years ago. Today, those shares are worth $2 million, but Gremel isn't enjoying the payoff of his good investment—at least not in the traditional sense. Instead, he's...

Minn. Cops Have Field Day With Accidentally Donated Weed

Check your pockets, folks

(Newser) - A suburban Minneapolis police department has good news for the person who donated dozens of plastic baggies of marijuana along with their kid's old clothes: It's safe and sound and ready to be picked up at the station, reports the AP . The Maplewood Police Department posted a photo...

Stephen King Gives Fire Department a Helping Hand

It's the latest in a long line of donations

(Newser) - Stephen King has made millions unleashing a myriad of horrors on Maine towns in fiction—and spent millions helping them in real life. In the latest donation from the Stephen and Tabitha King Foundation, the husband-and-wife authors donated $30,000 to help the Bangor Fire Department buy new thermal imaging...

Boy Gets Own Diagnosis Days After Shaving Head for Cancer

He's still fighting for other kids to stay strong

(Newser) - Just days after Benny Martinez shaved his head last year to raise money for cancer research at a school fundraiser in Park Ridge, Ill., he wound up in the emergency room while his family was vacationing at Disney World, complaining of an awful headache and nausea. A CT scan revealed...

Trump Will Give Away $400K Salary at End of Year: Spicer

Press secretary says the media can help decide where

(Newser) - President Trump has apparently been accepting the $33,333 salary he vowed not to accept , but he's not planning to keep it. Press secretary Sean Spicer says the president, who's required under federal law to receive payment, plans to donate his annual $400,000 salary, which is paid...

Rapper Slams Governor, Gives $1M to Chicago Schools

Chance the Rapper urges Gov. Bruce Rauner to start doing his job

(Newser) - Chance the Rapper demanded action Monday as he handed a $1 million check to his hometown's struggling school system. Republican Gov. Bruce Rauner "still won't commit to give Chicago's kids a chance without caveats or ultimatums," Chance said, per the Chicago Tribune . "Gov. Rauner,...

Browns' Lone Win Turns Into Good News for Food Bank

Team gets in on joke, donates to charity

(Newser) - Cleveland Browns fans were looking forward to a "Perfect Season Parade," though that "perfect" season was meant to be perfectly winless, reports NPR . But then the players had to go and ruin everything by winning their Christmas Eve matchup against the San Diego Chargers 20-17, leaving more...

Patagonia Won't Keep a Penny of Its Black Friday Sales

Will likely be about $2M

(Newser) - Outdoors outfitter Patagonia is taking an unusual approach to Black Friday: CEO Rose Marcario says 100% of the day's sales online and in its 80 locations worldwide will go toward groups that help the environment. CNN Money estimates that will amount to $2 million. The chain also made headlines...

Zuckerberg Defends Thiel's Trump Donation

'There are many reasons a person might support Trump,' says the Facebook CEO

(Newser) - Mark Zuckerberg broke his silence about billionaire Peter Thiel's $1.25 million donation to Donald Trump, saying the Facebook board member has a right to his opinion, CNNMoney reports. "We care deeply about diversity," Zuckerberg wrote in an internal post to employees. "That's easy to...

College's Use of Librarian's $4M Donation Under Fire

A quarter of Robert Morin's donation will go toward a new football scoreboard

(Newser) - After living frugally while working for nearly 50 years as a library cataloger at the University of New Hampshire, Robert Morin left the school a $4 million donation when he died last year. The Washington Post reports $100,000 of that donation is going toward the library; $1 million of...

Facebook Co-Founder Aims to Dump Trump With $20M Donation

Dustin Moskovitz barely makes political contributions, but 'this cycle is different'

(Newser) - Dustin Moskovitz can spend his billions of dollars any way he wants—and making sure Donald Trump doesn't make it into the White House is apparently one of his newest investments. The Facebook co-founder announced on Medium Friday that he and wife Cari Tuna would be making what CNN...

Mein Kampf Proceeds Will Go to Holocaust Survivors

Houghton Mifflin Harcourt says all funds will go to Boston-based group that helps survivors

(Newser) - Boston-based publisher Houghton Mifflin Harcourt has decided to donate proceeds from Mein Kampf, Adolf Hitler's infamous manifesto, to a local organization that works with aging Holocaust survivors, the AP reports. The move comes after HMH was criticized by Jewish advocates for its plans to donate proceeds and royalties from...

$65K Raised for Pearl Harbor Vet Scammed Out of Life Savings

Jack Holder says he has 1,000 thank you notes to write

(Newser) - Publishers Clearing House couldn't help Jack Holder. Bank of America said it couldn't help him, either. But nearly 1,000 regular people could, and did, donating more than $65,000 to a GoFundMe account after the 94-year-old Pearl Harbor survivor was scammed out of nearly all of his...

Bolivia to Bill Gates: Keep Your Stupid Chickens

Country offended by donation offer, says it's doing just fine on poultry front

(Newser) - Bill Gates recently offered to donate 100,000 hens to poor countries around the world, but one South American nation looked his gift chickens in the mouth and began squawking. "How can he think we are living 500 years ago, in the middle of the jungle not knowing how...

50 Cent Gives $100K to Charity After Teasing Autistic Teen

He posted a video on Instagram calling the 19-year-old 'high'

(Newser) - Curtis Jackson III needed to make amends for a "joke" he posted online, and he's just donated a huge chunk of money to an autism advocacy group, the Cincinnati Enquirer reports. Jackson—better known by his rapper name 50 Cent—landed in hot water when he posted a...

Nike Co-Founder Rains $400M Donation on Stanford

Philip Knight's gift, one of the biggest to a college ever, will fund scholarship program

(Newser) - Stanford University is launching a program it's calling the "largest single increase in student financial aid in Stanford's history," and it has Nike's chairman to thank for the lion's share of it, NPR reports. Philip Knight, also one of Nike's co-founders, has pledged...

Google Hands Out $6,006.13 Reward, an Inside Joke

Sanmay Ved actually bought Google.com for $12 in September—for a minute

(Newser) - Google handed out more than $2 million to more than 300 people in 2015 who spotted bugs and security issues, but one award in particular stands out, reports Beta News . The odd sum of $6,006.13 went to Sanmay Ved, a former Google employee and current MBA candidate at...

Hollywood Couple Makes Stunning $1M Donation

Sacha Baron Cohen, Isla Fisher give money for Syrian refugees

(Newser) - Sacha Baron Cohen and his wife, Isla Fisher, are putting $1 million on the table to help struggling Syrian refugees, AFP reports. Half will go to Save the Children for kids' measles vaccinations in northern Syria, and half to the International Rescue Committee so that refugees—women and children in...

'Layaway Angel' Pays Off $106K at 2 Ohio Walmarts

'It's such a blessing to know there are still people out there [who] care'

(Newser) - There's a secret Santa in northeast Ohio who likes to celebrate the season every year in a special way. This year, he decided to spend it paying for other people's purchases, plying his philanthropy at two different Walmarts by contributing more than $106,000 to pay for the...

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