Warren Buffett’s adult children — Susie, Howard and Peter Buffett — have a long history of philanthropy, having donated over $15 billion through their foundations since 2006. Despite not seeking publicity for their donations, they have quietly become significant players in the philanthropic world.
Following their father’s directive to donate the remainder of his fortune after his passing, the next generation of Buffetts is expected to be one of the largest donors in the country, with an estimated $144 billion to give away within the next 10 years.
While the Buffetts have supported various causes, their foundations share some common traits. They operate with small teams and emphasize taking risks to address challenging issues and fund innovative projects that others may overlook.
As the time approaches for them to distribute their wealth, the work of the family’s foundations can provide insight into their potential focus areas and approach to philanthropy.
The Susan Thompson Buffett Foundation
The foundation, named after Warren Buffett’s first wife, has donated $8.4 billion primarily to reproductive health care organizations. It supports access to abortion and contraception, funding organizations like Planned Parenthood, the National Abortion Federation, and Population Services International.
While the foundation has faced criticism for its lack of a public grant application process, its contributions have made a significant impact in the field of reproductive health. Susie Buffett’s ex-husband, Allen Greenberg, serves as the foundation’s president.
The Sherwood Foundation
Susie Buffett’s foundation has been a strong supporter of early childhood education in the U.S. It has provided substantial funding for research, advocacy, and training within the child care sector, with a focus on supporting child care providers.
The foundation’s trust-based approach to funding and its long-standing commitment to early childhood education have been praised for promoting meaningful change in the field. Susie Buffett serves as the board chair of the nonprofit Buffett Early Childhood Fund.
The Howard G. Buffett Foundation
Howard Buffett’s foundation primarily focuses on food security and conflict mitigation internationally. It has supported agricultural initiatives in regions like Central America and Africa, partnering with organizations like Catholic Relief Services to address root causes of migration and hunger.
During crises like the conflict in Ukraine, Howard Buffett has demonstrated a hands-on approach to philanthropy, adapting the foundation’s strategies to meet emerging needs and support affected communities.
NoVo Foundation
Peter Buffett and his wife, Jennifer, have been active supporters of girls’ rights globally and have advocated for social-emotional learning in schools. While the foundation recently underwent a strategic shift in funding priorities, it remains a significant contributor to initiatives supporting girls, particularly those from marginalized communities.
In addition to their work with girls’ rights, the foundation has expanded its support for Native American organizations and sustainable community projects in recent years, reflecting Peter Buffett’s personal interests and commitments.
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