Berkshire Rises Past $200,000, Extending Buffett’s Record
Berkshire Hathaway Inc. traded above $200,000 for the first time, further validating Chairman Warren Buffett’s decades-long bet on the U.S. economy.
IRS Guides Foundations in Making Investments
The Treasury is giving private foundations that use program-related investments in the form of loans or capital investments a helping hand in deciding whether their investments qualify for beneficial tax treatment.
After Inflation, Foundations Gave Less in 2011
Giving by U.S. foundations lost ground to inflation in 2011 even as total giving increased by 2.2% to an estimated $46.9 billion, according to a study released Thursday by the Foundation Center.
Warren Buffett’s Son, Peter, Says Dad Doesn’t Owe Him a Thing
Billionaire investor Warren Buffett has earned a reputation as a highly quotable speaker, and now his son Peter is following in his father’s footsteps even though he won’t be inheriting his dad’s fortune.
Philanthropy’s Cutting Edge
Two-Way Street: Gates Foundation Seeks Better Communication
The Bill & Melinda Gates Foundation is devising ways to improve communication with the recipients of its grants.