Mega Donor Values Warren Buffett (Part 9 of a series)

Mega Donor Values Warren Buffett (Part 9 of a series)

By Tom Wilson Major Gifts Guru

This article is part of an ongoing series of excerpts and insights from the recent biography The Snowball: Warren Buffett and the Business Life by Alice Schroeder. I encourage you to buy this book to get the full story.

“The newly enriched Gates Foundation was having a tectonic impact on the philanthropic world. Its ‘all-asset approach,’ which greatly resembled Buffett’s ideas about concentration – and indeed, his investing style – focused resources toward a short, carefully selected list of serious problems. That differed markedly from many other major foundations and community funds, at which a headquarters staff of philathropoids circled around a series of supplicants, playing ‘eeny, meeny, miney, moe’ as they doled out fragmentary sums.”

This is the end of this fascinating series of excerpts from Alice Schroeder’s book The Snowball. I heartily recommend that you buy it and read it to sensitize you to how your mega and major donors think, react, invest, and make philanthropic decisions. Warren Buffett is unique in many ways, but the stories of his friends and their giving discussions broadens the scope of this book.

You’ve got to read this book.

This article is part of series. To read the other articles in the series, please click the links below:


Permanent Link: Mega Donor Values Warren Buffett (Part 9 of a series)

http://majorgiftsguru.com/2009/08/mega-donor-values-warren-buffett-part-9.html

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