Paul Allen Joins BIll Gates By Giving Away His Fortune

by Deidre Woollard (RSS feed)
Jul 17th 2010 at 12:01AM

Paul Allen and Bill Gates founded Microsoft and now Allen is taking a page out of Gates's book, announcing that he will give more than half of his estimated $13.5 billion fortune to philanthropy. Just last month we learned about a plan that Gates, his wife, Melinda and Warren Buffett had cooked up to get the country's billionaires to earmark half their fortunes to charitable causes. Other billionaires who have already committed to at least a 50 percent pledge include Eli and Edy Broad, John and Ann Doerr, H.F. "Gerry" and Marguerite Lenfest and John and Tashia Morgridge.

Allen already has an existing foundation, the Paul G. Allen Family Foundation. His projects have included the nonprofit scientific research done at the Allen Institute for Brain Science, the Allen institute and the Experience Music Project/Science Fiction Museum. As the NY Times reports Allen has made Chronicle of Philanthropy's annual list of the nation's 50 largest donors, eight times. Last year, he ranked No. 11 for giving away $85 million.

Tags: bill gates, microsoft, paul allen, philanthropists, philanthropy, warren buffett

Filed under: Charity, Big Givers

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SuburMart Jul 18th 2010 11:29PM

Is this news reliable? If so, may God bless them

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Kimberly Ryan Aug 16th 2010 3:26AM

Kimberly
auggiekz92@aol.com
Mr. Gates,
You knew my father. I think it's wonderful what you're doing, especially since, I suffered a Brain Aneurysm, & have been left with brain damage, because of it. Living on Social Security Disability, is nothing, compared to, when I was working as a Registered Nurse. God Bless you, for helping others. You have a good heart & soul!

LuAnn Apple Sep 6th 2010 6:50AM

With all these amazing people deciding to fund so many causes, why is animal rescue not included. Specifically exotic bird rescue. We are www.marsparrots.org and are in desperate need of cash flow to continue growing and making a difference. Help us help them.