local
Warren Buffett drops Gates Foundation from his annual donations
By Chris Isidore at KXXV (ABC 25) News
· July 14, 2026
· 3 min read
Warren Buffett didnt give anything to the Gates Foundation this year, instead directing nearly $6 billion in shares of Berkshire Hathaway to four foundations related to his own family.Buffett, who was a founding trustee of the Gates Foundation, started The Giving Pledge with Bill Gates and his th...
Key takeaway Buffett resigned from the Foundations board in 2021, but has continued to donate billions annually to the charity.
Why this matters in The Waco
The decision by Warren Buffett to withhold donations from the Gates Foundation this year may have implications for local philanthropic efforts in Waco . As one of the most prominent philanthropists in the country, Buffett's giving habits are closely watched, and his shift in focus to family-related foundations could influence the charitable landscape in McLennan County. The fact that Buffett is waiting for the conclusion of the review into the Gates Foundation's ties to Jeffrey Epstein suggests that transparency and accountability are becoming increasingly important for major donors. This could lead to a greater emphasis on due diligence and vetting of local charitable organizations, potentially affecting the way they operate and receive funding in the Waco area. As Buffett continues to donate billions to his family's foundations, it will be interesting to see if any of these funds trickle down to local causes in Waco, and how his philanthropic strategy may impact the community.
About this story
Original reporting by KXXV (ABC 25) News . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXXV (ABC 25) News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 14, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Warren Buffett didnt give anything to the Gates Foundation this year, instead directing nearly $6 billion in shares of Berkshire Hathaway to four foundations related to his own family.Buffett, who was a founding trustee of the Gates Foundation, started The Giving Pledge with Bill Gates and his th...
When was this published? This article was first published on July 14, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Chris Isidore at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Waco, or browse our daily briefing and topic hubs .
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