The Doris Buffett Story: Giving It All Away

At 82 years young, Doris, big sister of billionaire Warren, is on a mission. When she inherited millions in Berkshire Hathaway stock from a family trust in 1996, instead of clinging to it like a security blanket, she dedicated the rest of her life to giving it away—all of it—mostly to individuals in trouble through no fault of their own. So far she’s given away $100 million of her own money. She says she wants to give it all away; that she wants the last check she writes to bounce due to “insufficient funds.”

She began the Sunshine Lady Foundation, helping battered women, sick children, and at-risk kids who otherwise would never have had the chance to go to college. She’s also funding college programs for prison inmates, lowering recidivism. And she does it through “retail philanthropy,” often making personal phone calls to those who need help, one by one.

The book, written with her full cooperation, begins with her growing up as the primary target of an abusive mother’s rage, goes on to talk about her having to watch every penny to take care of her family as a young wife and mother, and how, years after becoming one of the first investors in an early Warren partnership and making a fortune, she found herself $2 million in debt and almost lost her home in the 1987 stock market crash. It’s a life of many trials from which she has only gained greater strength and more magnanimity, a life in which she’s been estranged from her three children and endured four horrific marriages and divorces.

So much bad luck and pain would harden most hearts, and Doris has suffered through bouts of depression. Yet, she has kept her heart open, focusing on the needs of others. While the Buffett name has not meant a life of ease for Doris, it has created a sense, not only of responsibility, but of urgency to help others, and to get involved in a very personal way. She’s been knocked down repeatedly, only to get up, brush herself off, and go on. So there’s no greater joy for her than knowing she’s given someone else a hand up.

Join Cape Fear Literacy Council and members of the Wilmington-area business and philanthropic communities for this very special event. Meet Doris Buffett, listen to her describe her highly personalized style of philanthropy, and have her personally sign your copy of her biography, “Giving It All Away.”

See www.cfliteracy.org for more details and a link to the event website!