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Reader comment on:
World's Largest Philanthropy Seeks U.S. Funds

Submitted by Lincoln Minor, May 2, 2007 22:28

In the article, you state, "If you add in donations expected from billionaire Warren Buffett, the charity's assets will grow to twice that size..."

I believe that the agreement between Buffett and the BMGF calls for BMGF to spend five percent of its own assets, plus all of Buffett's previous year's donated assets--each year--starting a few years into the relationship. Thus, BMGF will not simply add Buffett's $30-plus billion to their own $30-something billion.


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In the article, you state, "If you add in donations expected from billionaire Warren Buffett, the charity's assets will grow...

Lincoln Minor

May 2, 2007 22:28

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