hi all!
In 1982, Paul Newman co-founded the Newman's Own food company and donated all after-tax profits to various charities. Upon his death in 2008, the company had donated over US$250 million to thousands of charities.
During the past few years, some high profile examples of philanthropy include Irish rock singer Bono's campaign to cancel Third World debt to developed nations; the Gates Foundation's massive resources and ambitions, such as its campaigns to eradicate malaria and river blindness; billionaire investor and Berkshire Hathaway Chairman Warren Buffett's donation in 2006 of $31 billion to the Gates Foundation[2]; Ronald Perelman's $70 million in charitable donations in 2008 alone, including $50 million to finance the Ronald O. Perelman Heart Center at New York Presbyterian Hospital and Weill Cornell Medical Center.
Largest individual bequests
- $31 billion from Warren Buffett to the Bill and Melinda Gates Foundation (initial value of the gift)
- £8 billion from Chuck Feeney to Atlantic Philanthropies
- $424 million from managers of the Readers Digest fortune to the Metropolitan Museum of Art
- $200 million from Joan B. Kroc to National Public Radio in 2003
- $100 million from John D. Rockefeller to the Rockefeller Foundation, 1913-1914
- $100 million from Henry and Betty Rowan to Glassboro State College
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