The Giving Pledge

The Giving Pledge
Formation 2010
Type Charitable organization
Founders
 Bill Gates and Warren Buffett
Website givingpledge.org

The Giving Pledge is a campaign to encourage the wealthy people of the world to contribute their wealth to philanthropic causes.

Description

The organization's goal is to inspire the wealthy people of the world to give the majority of their net worth to philanthropy, either during their lifetime or upon their death. The Pledge is a moral commitment, not a legal contract.[1]

History

In June 2010 the Giving Pledge campaign was formally announced and Bill Gates and Warren Buffett began recruiting members.[2] In 2011 Gates and Buffett met with wealthy individuals in India and China and invited them to join the campaign.[3][4] [5] The aggregate wealth of the first 40 pledgers was $125 billion as of August 2010.[6] As of April 2011, 69 billionaires had joined the campaign and given a pledge.[7] In 2012 Forbes reported that 11 additional individuals or couples had joined the Giving Pledge.[8] In April, The Huffington Post reported that a total of "81 billionaires [had] committed to giving at least half of their fortunes to charity" via the campaign.[9] The German technology entrepreneur, Hasso Plattner, joined the Giving Pledge in 2013[10] and 141 individuals and/or couples were listed as pledgers on the official website by December 2015.[11] Other signatories of the pledge include: David Rockefeller,[12]Azim Premji,[13] Richard Branson,[14] Tim Cook,[15] Sara Blakely,[16] and Indian entrepreneur Kiran Mazumdar-Shaw.[17]

References

  1. ↑ "Forty U.S. billionaires pledge to give half their money to charity". Xinhua News Agency. 4 August 2010. Retrieved 5 August 2010.
  2. ↑ Carol Loomis (16 June 2010). "The $600 billion challenge". Fortune (magazine). Time Inc. Retrieved 16 October 2010.
  3. ↑ "Buffett recruits the wealthy for charity". CBC.ca. 4 August 2010. Retrieved 5 August 2010.
  4. ↑ Leonard, Tom (5 August 2010). "American billionaires pledge fortunes to charity". London: The Guardian. Retrieved 5 August 2010.
  5. ↑ "Gates, Buffet in Delhi with their 'Giving Pledge' - Economic Times". articles.economictimes.indiatimes.com (The Economic Times). 24 March 2011. Retrieved 24 April 2011.
  6. ↑ Blackburn, Bradley (4 August 2010). "The Giving Pledge: Billionaires Promise to Donate at Least Half Their Fortunes to Charity". ABC News. Retrieved 5 August 2010.
  7. ↑ 10 More U.S. Families Commit to the Giving Pledge , retrieved October 25, 2011
  8. ↑ Erin Carlyle, "Meet the Eight Forbes 400 Billionaires Who Just Signed the Giving Pledge", publisher, 2012-09-18. Retrieved 2012-10-13.
  9. ↑ "Warren Buffett, Bill Gates Giving Pledge Gets 12 More Billionaires To Commit Over Half Of Their Fortunes", Huffington Post, April 20 2012
  10. ↑ "SAP Founder Plattner Joins Club of Billionaire Donors". Der Spiegel. 20 February 2013. Retrieved 3 December 2015.
  11. ↑ The Giving Pledge :: Pledger Profiles
  12. ↑ "Wall Street Doners: David Rockefeller". Inside Philanthropy. Retrieved 22 August 2014.
  13. ↑ "Azim Premji first Indian to sign up for Gates-Buffett charity", publisher, 2013-02-20. Retrieved 2013-02-20.
  14. ↑ Lazo, Alejandro (19 February 2013). "Richard Branson among non-U.S. billionaires joining Giving Pledge". The Los Angeles Times. Retrieved 19 February 2013.
  15. ↑ "Apple CEO latest to sign The Giving Pledge". Dial2Donate. Retrieved 21 August 2015.
  16. ↑ Forbes:"Spanx Mogul Sara Blakely Becomes First Female Billionaire To Join Gates-Buffett Giving Pledge" by Clare O'Connor may 7, 2013
  17. ↑ "Kiran Mazumdar-Shaw, Herbert and Nicole Wertheim Join Giving Pledge". Philanthropy News Digest. December 17, 2015. Retrieved 4 February 2016.

External links

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