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Buffett connection leads to major gift

By Laurie Bennett

September 19, 2007 at 7:06am

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After failing to get into Harvard Business School in 1950, a desperate Warren Buffett applied to Columbia, writing directly to then-professor David L. Dodd.

Buffett was accepted, and Dodd was so impressed by him that he invested in Buffett’s company. Nearly 60 years later, Dodd’s daughter, Barbara Dodd Anderson, has decided to give a large portion of the profits to George School, a Quaker high school in Bucks County, Pa.

Anderson, a former kindergarten teacher and an alumna of George School, has given $128 million to the school, telling the New York Times that she was inspired by Buffett’s $37 billion gift to Bill and Melinda Gates Foundation.

“I’m 75 years old, I have Alzheimer’s, and I’m probably not going to be around a lot longer,” Ms. Anderson told the New York Times. “So I might as well see the money do some good.”

On the web
Alumna Gives $128 Million to High School - New York Times
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