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Abstract: 

As an investor you have dreams of what to do with the wealth you will or have already accumulated from investing. Those dreams may include: a vacation, a new home, education for your children or grandchildren, starting a new business, or just saving enough for retirement. However, if your investments outperform your greatest expectations, perhaps philanthropy is on the horizon. Maybe you can join the likes of Bill and Melinda Gates who formed the Bill & Melinda Gates Foundation in 1994 with an initial contribution of approximately $94 million in Microsoft stock or, perhaps U.S. investor Warren Buffet who in 2006 pledged to give 10 million Berkshire Hathaway class B shares to the Bill & Melinda Gates Foundation to further its philanthropic mission starting in 2008. By December 31, 2005 the Bill and Melinda Gate Foundation had a foundation endowment of $29.2 billion. Maybe you will never have the billions of dollars of these exceptional investors, but you can still make a difference in your world.

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Affiliations:  1: Indiana University.