Donations that give charities a stake in the company
July 6th, 2010 by Blake Bromley, BioWhat 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. Read more…
Tags: Charity, stakeholder, stock, Warren Buffett
Categories: Charity
