While he ran Berkshire Hathaway, the conglomerate that includes Dairy Queen, Duracell and Geico, Mr. Buffett entrusted his sister and a group of women she had recruited to sift the requests for financial help, assess their merits and monitor the impact of those that were granted.In some cases they were sanctioned to satisfy more modest requests — for money to help pay for dental work, legal bills in custody cases, wheelchairs, automobile repairs, electric bills and the like.Ms. Buffett’s own Sunshine Lady Foundation, which she founded in 1996, and, more recently, The Letters Foundation, which she and her brother founded, have focused tens of millions of dollars in large and small donations on individuals and organizations committed to educating prison inmates, battered women and low-income teenagers, and to improving the lives of the mentally ill while also easing the burden on their caregivers.Ms. Buffett shunned what she called “the S.O.B.’s” — symphonies, operas and ballets — as recipients of largesse and instead concentrated on the underprivileged, as she did with The Letters Foundation.“I rounded up a bunch of ladies, and we started reading letters,” she recalled. “Some of them were nutty, but most of them were from people who were genuinely desperate and just needed a little help” — “decent people who just didn’t have the breaks somebody else did.”..Warren Buffett recalled in an interview that his sister, who was three years his senior, was always a “doer.”“She would talk to every one of these people; she didn’t just write a check,” he said. “She was enormously empathetic and did something about it.”..She, like him, wanted most of her fortune to be spent on solving problems in her lifetime.“She really wanted her last check to bounce,” Mr. Buffett said.
06 August 2020
Philanthropist shuns the "S.O.B.s"
A memorial obituary in today's New York Times is about Doris Buffett, who was entrusted with helping dispose of the enormous Buffett family fortune.