Doris Buffett

Doris Buffett
Born Doris Buffett
(1928-02-12) February 12, 1928
Nationality American
Years active 1996 - present
Known for Philanthropy
Notable work Sunshine Lady Foundation,
Learning By Giving Foundation,
Letters Foundation
Parent(s) Howard Buffett
Leila Stahl Buffett
Family Warren Buffett (brother),
Roberta Buffett Elliott (sister),
Peter Buffett (nephew),
Susan Alice Buffett (niece)
Howard Graham Buffett (nephew)
Website https://www.sunshinelady.org
https://letters.foundation/
https://learningbygivingfoundation.org/

Doris Buffett (b. February 12, 1928) is an American philanthropist also known as the 'retail' philanthropist and the founder of The Sunshine Lady Foundation, The Learning By Giving Foundation, and The Letters Foundation who she founded alongside with her younger billionaire brother Warren Buffett.[1][2] She is also the daughter of U.S. politician and stockbroker Howard Homan Buffett. Buffett intends to give all of her money away before she dies.[3][4][5]

Biography

Also known as the 'other' Buffett, Buffett is the granddaughter of Ernest Buffett, Ernest operated a family grocery store in Omaha, her father Howard Homan Buffett, founded the Omaha based investment business Buffett-Falk & Company in 1931.[6]

Buffett grew up in Kansas, suffered through the Great Depression and saw frugal times as a young wife before her inheritance that now allows her to do philanthropic work.[3][7] She was married four times and has fought two bouts of cancer. Buffett attracted attention with the publication of a 2010 book titled, “Giving It All Away: The Doris Buffett Story,” which was authored by Michael Zitz. The book mostly features Buffett's life as a philanthropist.

Unlike brother Warren Buffett who grants in 'wholesale', Doris Buffett believes in small and direct grants to people with financial difficulties hence the nickname 'retail' philanthropist.[8][1] She has helped thousands of children get an education or attend camp, sponsored young women in Afghanistan and supports prison education programs amongst other philanthropy work.

Buffett has donated $100 million of her own money, mostly to needy individuals, often taking the time to call and write to them personally and determine the best way to help. Her goal is to give away her entire fortune, which remains substantial despite her generosity and the stock market crash of 2008.[3][9] A hand-up and not hand-out is her philanthropy principle. Her brother Warren Buffett helped fund some of the foundation’s early projects though later she began providing funds herself from Berkshire Hathway stocks she owned.

"She is far more philanthropic than I am. She identifies with the underdog. I do it in a wholesale way, but not on a one-on-one basis. She really wants to know their stories."- Warren Buffett quotes on Wall Street Journal.[2]

Buffett made her home in Fredericksburg and moved to the Boston in 2016 to be closer to family and to receive treatment for Alzheimer’s disease.[10][11]

See also

References

  1. 1 2 Webster, Camilla. "The Buffett Legacy: The Seven Pearls of Financial Wisdom". Forbes. Retrieved 2018-08-10.
  2. 1 2 Beatty, Sally (2007-08-03). "The Other Buffett". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-08-10.
  3. 1 2 3 writer, Steve Jordon World-Herald staff. "Doris Buffett has Alzheimer's, and now her foundation is the basis of a dispute". Omaha.com. Retrieved 2018-08-08.
  4. ↑ "Philanthropist Doris Buffett shares life anecdotes at museum benefit". Bangor Daily News. Retrieved 2018-08-08.
  5. ↑ Center, Foundation. "Doris Buffett Is Looking for a Few Good Volunteers". Philanthropy News Digest (PND). Retrieved 2018-08-10.
  6. ↑ "What's So Great about Warren Buffett, Anyway? | InvestingAnswers". www.investinganswers.com. Retrieved 2018-08-10.
  7. ↑ Jacobs, MICHAEL ZITZ PHOTO BY Erik. "Difference Maker Hall of Fame: Doris Buffett giving fortune away to help improve others' lives". Fredericksburg.com. Retrieved 2018-08-10.
  8. ↑ Suchergebnisse (2010-05-01). Giving It All Away the Doris Buffett Sto: The Doris Buffett Story (in Englisch). Sag Harbor, NY: Permanent Pr Pub Co. ISBN 9781579622091.
  9. ↑ LANCE-STAR, CATHY JETT THE FREE. "Fredericksburg renames public pool in honor of philanthropist Doris Buffett, sister of Warren Buffett". Richmond Times-Dispatch. Retrieved 2018-08-10.
  10. ↑ LANCE-STAR, THE EDITORIAL PAGE STAFF OF THE FREE. "EDITORIAL: Buffett's philanthropy has left its mark". Fredericksburg.com. Retrieved 2018-08-10.
  11. ↑ "Doris Buffett has Alzheimer's, and now her foundation is the basis of a dispute". Business Breaking News. 2018-05-13. Retrieved 2018-08-10.

Official website

Buffett interview

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