Buffett, Gates urge billionaires to donate at least half their wealth
Warren Buffett and Bill Gates challenged other billionaires to give at least half their wealth to charity, The Wall Street Journal reported June 16 (see billionaire charity story). Taking “The Giving Pledge,” billionaire Eli Broad and his wife Edythe said they would donate 75 percent of their wealth to charity, Bloomberg reported June 16 (see giving pledge story).
Legislation would create two federal agencies for nonprofits
Proposed federal legislation would create two new agencies to improve coordination between the nonprofit sector and federal government and collect data on the sector’s health, The NonProfit Times reported June 16 (see nonprofit legislation story).
Salesforce.com founder, wife giving $100 million for children’s hospital
Salesforce.com founder Marc Benioff and his wife Lynne are giving $100 million to the University of California at San Francisco for a new children’s hospital, kicking off an effort by the billionaire to make his hometown a global center for children’s medicine, The Wall Street Journal reported June 17 (see children’s hospital story).