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Warren Buffett’s Favorite Charities

Today Warren Buffett disclosed his donations of Berkshire’s stock to certain charities. Buffett donated 22 Million shares of Berkshire’s Class B stock to his favorite charities:

hedge funds vs. mutual funds

1. On July 6, 2011, Mr. Buffett donated 19,344,522 shares of Class B Common Stock to the Bill and Melinda Gates Foundation

2. On July 6, 2011, Mr. Buffett donated 1,934,452 shares of Class B Common Stock to the Susan Thompson Buffett Foundation

3. On July 6, 2011, Mr. Buffett donated 677,056 shares of Class B Common Stock to each of the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation

4. On June 4, 2011, Mr. Buffett donated 5,246 shares of Class B Common Stock to a charitable foundation.

After these donations Warren Buffett still owns 350,000 shares of Class A Common Stock and 26,675,175 shares of Class B Common Stock.

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