Tuesday, April 14, 2020
Warren Buffett Charity Run by Sister Doris Seeks Volunteers
Warren Buffett Charity Run by Sister Doris Seeks Volunteers Warren Buffett has famously pledged to give away 99% of his money to charity. But who will get a piece of the fortune, currently estimated at around $66 billion? You could soon have the power to help decide. Every year, a âsmallâ chunk of the moneyâ"$1 to $2 million annually, which is peanuts to Buffettâ"is dished out to hundreds of individuals and organizations via the Sunshine Lady Foundation run by Doris Buffett, Warrenâs 88-year-old sister. As the Boston Globe reported, the Buffetts have received more than 22,000 letters asking for money over the past decade. Many of the requests come from regular people experiencing hard timesâ"in desperate need of a new furnace, kidsâ clothing, medical bills, dentures, mortgage payments, even tombstones and funeralsâ"and yes, the foundation is known to help them out. âThe money does not go directly to individuals; instead, Buffett and her volunteers buy the requested items and have them delivered, or send payments to mortgage companies, utilities, and other creditors,â the Globe clarified. Sifting through all of the requests obviously takes up a lot of time and effort, and Doris âDodoâ Buffett uses a team of volunteers to get it done. After recently relocating to the Boston area, Doris Buffett is currently seeking to beef up her volunteer ranks. And thereâs certainly plenty of cash to dole out. âMy brother is putting up the money, so weâre sort of limitless,â Buffett told the Globe. âHeâs told me that any time I run out of money, all I have to do is call him.â She said that her volunteers must âhave to have a heart somewhere,â and that to qualify you should be âvery practicalâ and ânot be judgmental.â Appropriately, applications for the volunteer position of âletter readerâ are not accepted electronically. A website lists the address where physical application letters should be sent, as well as other details. Those who are accepted shouldnât expect to be chatting with Warren Buffett around the office water cooler. He is not directly involved in the operation, and said to the Globe of his sister, âI like to give away money wholesale and she likes to give away money retail.â Read Next: Warren Buffett Says Presidential Candidates Are âDead Wrongâ About Americaâs Future âI mean, she is genuinely interested in a guy whoâs had his pickup truck stolen or whatever it may be,â Warren Buffett said. âThrough no fault of their own, theyâve been handed a bum deal in their life. And I empathize with those people, but Iâm not going to spend my days working with them.â
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