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Buffett, the CEO of Berkshire Hathaway, made his billions through compoundinginvestments.
Their wealth is world-famous, but they share another more altruistic quality.
Both have committed todonating significant shares of their wealth to charitable causes.
By then, both of his major initiatives had already been active for at least two years.
Day One consists of the Families and Academies Funds, two separate but related missions.
The Day One Families Fund supportsorganizations and individualsdoing transformative work for families experiencing homelessness.
As of 2024, it had distributed 248 awards worth almost $750 million.
The Day One Academies Fund builds tuition-free preschools in low-income communities.
The schools offer year-round programming to children ages 3 through 5, five days per week.
Children experiencing homelessness and those in foster care receive priority in the enrollment lottery.
The fund has distributed $2.3 billion to innovative programs working toward long-term, transformative sustainability.
Areas of focus include nature conservation, food systems, decarbonization and environmental justice.
He created the Susan Thomas Buffett Foundation in 1964, decades before he became a multi-billionaire.
The Giving Foundation
Buffetts philanthropy has grown along with his wealth.
In 2006, he committed to gradually donating all of his Berkshire Hathaway stock to charity.
Recent Charitable Commitments
Buffetts charitable commitment continues to make headlines.
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