May 9, 2013

9 Philanthropists Join Buffett-Gates Giving Pledge Initiative

Donor list expands to 114 members

Nine more ultrawealthy families, including two from outside the U.S., have joined the global Giving Pledge initiative created three years ago by Warren Buffett and Bill and Melinda Gates, the organization announced Tuesday.

The new pledges bring to 114 the number of signatories who commit half their wealth to charity. They represent 10 countries and 23 U.S. states and the District of Columbia.

The new pledge signatories:

Lord Ashcroft, former treasurer and deputy chairman of the U.K.’s Conservative Party and founder of Crimestoppers 

Sara Blakely, founder of Spanx and youngest self-made woman on the Forbes billionaires list

Joe Craft, coal baron who announced his commitment to the Giving Pledge in late 2012.

Monica Gelbaum and David Gelbaum, chairman of Axion Power International

Craig and Susan McCaw, telecom entrepreneur and former U.S. ambassador to Austria, respectively

Stephen Ross, real estate investor and owner of the Miami Dolphins

Paul Singer, hedge fund manager

Mary Stevens and Mark Stevens, venture capitalist

Tad Taube, chairman and CEO of Koracorp and president of the Koret Foundation

Samuel Yin, Taiwanese textile and real estate tycoon.

The Giving Pledge, which encourages open conversation about philanthropy, does not involve direct appeals, pooling money or requirements to support a particular cause or organization, according to a statement.

Click here for the full list of pledgers and personal letters by many of them, outlining their commitment to give.

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