(Zero Hedge)—Bloomberg reports Warren Buffett has donated roughly $6 billion in Berkshire Hathaway shares to five foundations, continuing his long-standing philanthropic commitment. However, the financial outlet conveniently overlooks any scrutiny of where that money may ultimately be going. A closer examination of these nonprofits reveals some highly questionable connections.
A Berkshire Hathaway press release stated that Buffett converted 8,239 Class A shares into 12,358,500 Class B shares in order to donate those B shares to five foundations:
- 9,433,839 to the Bill & Melinda Gates Foundation Trust,
- 943,384 shares to the Susan Thompson Buffett Foundation
- and 660,366 shares to each of the Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation.
“The mathematics of the lifetime commitments to the five foundations are interesting,” Buffett wrote in a statement, adding, “99½% of my estate is destined for philanthropic usage.”
The bulk of the shares—9,433,839 in total—are headed to the Bill & Melinda Gates Foundation Trust, a cornerstone funder of Gavi, the Vaccine Alliance, which leads global vaccination efforts. Over the years, Gavi has received at least $1 billion from USAID, amplifying Gates’ private contributions (and others) through public funding. Gates was angered when the Trump administration dismantled USAID, in which the billionaire went on a legacy media outlet to bash Elon Musk’s DOGE.
Bill Gates says Donald Trump & Elon Musk spending USAID could lead to millions of deaths pic.twitter.com/SaAW6SN8js
— TaraBull (@TaraBull808) February 5, 2025
The remaining 2.92 million shares will be donated to his children’s foundations — Sherwood Foundation, the Howard G. Buffett Foundation and NoVo Foundation — as well as the Susan Thompson Buffett Foundation, named after the billionaire’s late wife.
Using publicly available data, we mapped the leadership and affiliations of each of these nonprofits to gain a better understanding of where these funds could potentially flow through the complex web of nonprofits.
Sherwood Foundation
Howard G. Buffett Foundation
NoVo Foundation
Susan Thompson Buffett Foundation
One notable connection we uncovered involving the Susan Thompson Buffett Foundation is its link to the Sunshine Lady Foundation, which is further connected to the Here to Help Foundation—an organization tied to United Way, a group that has faced allegations of using federal grant money to provide free services to undocumented immigrants.
Mapping out the connections, the Here to Help Foundation is also linked to the McGregor Fund…
Let’s say the McGregor Fund President Kate Levin Markel is no fan of ‘Make America Great Again’…
Markel praised New York Federal Reserve Visiting Scholar Clara Miller, who recently opined:
This is a moment for all such institutions, including foundations, to stand up and be counted together. Whatever our personal views, we must call out and resist this unprecedented and intolerable intrusion by the government into our fundamental rights as Americans. Trump’s deep state intruders will simply be emboldened unchecked if we take no action and insist on silence.
Miller’s current and past experiences, as listed on her LinkedIn account…
While there are more questions than answers, one thing is clear: Buffett’s $6 billion donation in Berkshire shares is set to flow into a network of nonprofits that appear aligned with left-leaning causes, some of which have been tied to very questionable progressive agendas.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
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- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
