local
Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed
By Josh Funk, Associated Press at KSAT 12 (ABC affiliate)
· July 14, 2026
· 5 min read
Billionaire Warren Buffett omitted Bill Gates ′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates...
Key takeaway Buffett also said in his statement that he wants all of his remaining Berkshire Hathaway stock worth more than $140 billion donated to charity by the end of 2034.
Why this matters in The San Antonio
The decision by Warren Buffett to omit the Bill Gates foundation from his annual donations has significant implications for local philanthropic efforts in San Antonio . With billions of dollars in charitable gifts being redirected to Buffett's family foundations, it remains to be seen how this shift will impact the city's non-profit landscape. San Antonio's own charitable organizations may need to reassess their funding strategies and explore alternative sources of support. Additionally, the city's business and community leaders may be watching closely to see if other major donors follow Buffett's lead, potentially altering the local philanthropic landscape. The fact that Buffett's donations to his family foundations are roughly equal to last year's donations suggests that the overall level of charitable giving in the area may not decrease, but rather be redistributed among different organizations. This development bears close monitoring to understand its potential effects on San Antonio's community and social services.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio 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 KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 14, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 5 min
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Frequently asked about this story
What is this story about? Billionaire Warren Buffett omitted Bill Gates ′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates...
When was this published? This article was first published on July 14, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Josh Funk, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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