Tuesday, June 27, 2006

Warren Buffet offers stock to reproductive health agencies

Berkshire Hathaway Chair Warren Buffett on Sunday in a letter disclosed that he plans to donate stock currently valued at about $3 billion to the Susan Thompson Buffett Foundation, which is named after his late wife and supports reproductive health and rights, family planning and college scholarship programs, the Wall Street Journal reports. Warren Buffett's donation will be added to the $2.5 billion bestowed to the foundation in the will of Susan Thompson Buffett, who in 2004 died of a stroke. The Buffett Foundation has been a "quiet force" in population control and has made "substantial donations" to organizations that support abortion rights, according to the Journal. In the past, the Buffets' philanthropic efforts reportedly have contributed to the Center for Reproductive Rights in support of its court battle to overturn Nebraska's ban on so-called "partial-birth" abortion; the ban was overturned in 2001. Their foundation also has given money to Ipas, the Population Council, the Planned Parenthood Federation of America, NARAL Pro-Choice America, Family Health International, the Religious Coalition for Reproductive Choice, Catholics for a Free Choice and the National Campaign to Prevent Teen Pregnancy. In addition, they funded millions of dollars to help mifepristone, which causes a medical abortion when taken in conjunction with the drug misoprostol, win FDA approval.

0 Comments:

Post a Comment

<< Home