What happens when a charity becomes a stakeholder? Warren Buffett’s donation of 99 per cent of his fortune to the Bill and Melinda Gates Foundation — a topic I’ve blogged often about — comes in the form of shares from his company Berkshire Hathaway. This leaves the charity with a choice to cash the gift, or maintain the investment.
Daniel Indiviglio opens up the debate about what a charity should do with this gift at The Atlantic today.
This month Buffett documented the largest installment since the 2008 financial crisis began.
Tags: Charity, stakeholder, stock, Warren Buffett
Categories: Charity
Posted on July 6th, 2010 at 4:34 pm
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