Warren Buffett's Busy Month For Charity

At June’s twelfth annual charity auction, an anonymous winner paid over two and a half million dollars to have lunch for eight with billionaire Warren Buffett.

The proceeds of the auction will go to Glide, a San Francisco organization that offers support and programs to the impoverished in the Bay area.

“Accommodation of love and time and energy and resources can produce a different human being,” Buffett said after visiting Glide and seeing its programs. “What I witnessed was an institution and an individual that really gave up on nobody. They took the people that the rest of the world had forgotten, people who’d given up on themselves.”

Bigger news came just last week, when Buffett donated over one and a half billion dollars worth of shares to four charities, the largest portion going to the Bill and Melinda Gates Foundation. Donations to the Gates Foundation has also become an annual event for Buffett after his original 37-billion-dollar donation to the Foundation in 2006.