Charities hope one man's generous donation will inspire others - WALB.com, Albany News, Weather, Sports

Charities hope one man's generous donation will inspire others

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Smack down on Cancer at the State Theater

    Smack down on Cancer at the State Theater

    Saturday, April 19 2014 11:54 PM EDT2014-04-20 03:54:50 GMT
    Wrestlers from all over Georgia and Florida were in town for the Smack Down on Cancer Event at the state theater. More >>
    Wrestlers from all over Georgia and Florida were in town for the Smack Down on Cancer Event at the state theater. More >>
  • Americus student honored in statewide design contest

    Americus student honored in statewide design contest

    Saturday, April 19 2014 7:59 PM EDT2014-04-19 23:59:05 GMT
    Indira Zelaya, a fourth grader from Sarah Cobb Elementary School in Americus, was honored in Atlanta recently for her artwork supporting Georgia's manufacturing industry.  She was nominated by South GeorgiaMore >>
    Indira Zelaya, a fourth grader from Sarah Cobb Elementary School in Americus, was honored in Atlanta recently for her artwork supporting Georgia's manufacturing industry.  She was nominated by South Georgia Technical College.More >>
  • Swimming pool destroyed after storm

    Swimming pool destroyed after storm

    Saturday, April 19 2014 7:32 PM EDT2014-04-19 23:32:11 GMT
    An Albany man arrived home to find his pool completely destroyed. He's not sure what happened, but the wall caved in and the concrete cracked. He says he's had the siding redone several times.More >>
    An Albany man arrived home to find his pool completely destroyed. He's not sure what happened, but the wall caved in and the concrete cracked. More >>

June 26, 2006

Albany--The second richest man in the world announced today he'll donate virtually his entire fortune to charity.

Many non-profits hope that will inspire others to donate.  Warren Buffett is worth forty-four billion dollars.

Most of his money will go to the Bill and Melinda Gates Foundation. The rest to charities run by his children.

Groups like Habitat for Humanity and food banks rely heavily on donations to serve people in need.

The Salvation Army in Albany has experienced a decline in donations recently. Leaders remain optimistic that donations will pick up, especially with Buffett's example.

"Hopefully this will spur on other well-to-do people to remember charities; there's so much need. There's Katrina. There's so many things that the money can go for," says Sgt. Brent Nevers, with the Salvation Army.

The Gates Foundation will use the money on global health initiatives and education improvements in the US.

Feedback: news@walb.com?Subject=CharitableDonations

 

 

Powered by WorldNow