Susan T. Buffett

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Susan T. Buffett, "a director of Berkshire Hathaway, in Omaha, who died on July 29, 2004, at 72, left approximately $2.4-billion to the Buffett Foundation, in Omaha. Ms. Buffett was the wife of Warren E. Buffett, Berkshire Hathaway's chairman and chief executive officer, and was the president of the foundation, which supports education, medical research, and efforts to curb population growth. She also left $50-million to the Howard G. Buffett Foundation, in Decatur, Ill., which was founded by one of her two sons. The foundation supports wildlife and environmental causes and education and human-services programs. Ms. Buffett gave $50-million to her daughter's fund, the Susan A. Buffett Foundation, in Omaha, which supports early-childhood education for low-income families. She left an additional $50-million to the Spirit Foundation, in Omaha, which is run by her son Peter A. Buffett, and supports arts, education, and human-service organizations. According to Ms. Buffett's will, the money derives from 31,707 shares of Berkshire Hathaway stock that Ms. Buffett owned at the time of her death. The exact amount of the gift to the Buffett Foundation will depend on changes in the value of the stock once Ms. Buffett's estate is settled later this year." [1]

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  1. Susan T. Buffett, Philanthropy, accessed December 9, 2007.