FOR IMMEDIATE RELEASE:

June 15, 2009
CONTACT: Denise Lamott, 415.381.8793, Denise@DeniseLamottPR.com


THE ULTIMATE eBay ITEM: 
A POWER LUNCH WITH WARREN BUFFETT

ANNUAL eBay Giving Works CHARITY AUCTION
JUNE 21 – 26 BENEFITS SAN FRANCISCO’S GLIDE FOUNDATION

Top Bidder Wins Lunch in New York City with World’s Most Successful Investor
 
SAN FRANCISCO, CA – It’s a tough economy – all the more reason to have lunch with one of the most experienced and successful investors of the past fifty years – Warren Buffett. The Annual Warren Buffett Lunch Charity Auction, a high-demand item listed on eBay, benefits San Francisco’s Glide Foundation.  Over the past six years with eBay Giving Works, the winning bids have ranged from just over $200,000 to last year’s winning bid of more than $2.1 million for the chance to have lunch with Mr. Buffett.  Bidding for this year’s auction opens Sunday, June 21st at 7:00 p.m. PDT, and will close on Friday, June 26 at 7:00 p.m. PDT.


For the past ten years, Mr. Buffett has generously offered a power lunch to benefit the Glide Foundation.  It is a one-of-a-kind opportunity. Last year’s winner, Zhao Danyang of Pureheart China Growth Investment Fund paid $2.1 million for his lunch with Buffett – a record-making charity bid for eBay. Mr. Zhao is scheduled to dine with Mr. Buffett in New York City on June 24, 2009. ”I am looking forward to enjoying lunch with Mr. Buffett later this month, said Mr. Zhao, the winning bidder from the 2008 auction. “This is truly the chance of a lifetime.”


"I got a chance to really get exposed to what an extraordinary job he's done in helping people who the rest of the world has given up on," Mr. Buffett told the San Francisco Chronicle speaking of Reverend Cecil Williams. "If I can tip my hat by having a lunch, I'm delighted to do it. It's an easy way to help a great man and a great cause."


 “Mr. Buffett’s generosity and long-time commitment to Glide’s work is amazing,” said Reverend Cecil Williams, Glide’s founder.  “These times are especially hard for people at the lowest income levels. We put 100% of the charity auction proceeds into the community – feeding the poor, providing clothes, shelter, affordable housing and free healthcare to those who need it most.”


The winning bidder will have the opportunity to invite up to seven friends to join him or her and Mr. Buffett for lunch at Smith & Wollensky in New York City. The bidding starts at $25,000 and all bidders will be pre-qualified through Kompolt, specialists in Cause Branded Social Media. To pre-qualify, visit: www.GlideLunchWithWarrenBuffett.com. For more information about Kompolt, go to: www.kompolt.com.
 
The lunch will be listed through eBay Giving Works at www.GlideLunchWithWarrenBuffett.com and hosted in New York by Smith & Wollensky New York City.  eBay Giving Works, one of eBay’s five Global Citizenship initiatives, harnesses the power of its 88 million active community members to be a force for good by empowering them to buy and sell items that support their favorite nonprofit. In 2008 alone, the eBay community donated more than $36 million to charities through eBay Giving Works.  Alan Stillman, founder of Smith & Wollensky, has generously agreed to donate $10,000 to Glide for the privilege of hosting the lunch. 


The auction comes at a time when Glide needs the extra funds more than ever. The number of clients served by Glide’s social services has risen tremendously this past year due to the economic downturn. Glide has seen a 20% increase in the free meals they served, intensified by the rising cost of food and the decrease in private and corporate donations. Along with the food programs, Glide has seen an even larger increase in visitors to their Family Youth and Childcare Center, their Woman’s program and various other services. Glide’s Training and Employment services has tripled in the last four months and the visitors to their health care clinic is at an all-time high. The need for help is great and Glide is always there to lend a hand.

About Glide
Located at Ellis and Taylor in the Tenderloin, one of San Francisco's harshest urban environments, Glide Foundation is an oasis that has served the poor and disenfranchised for over 40 years. From serving nearly one million meals a year, to operating a professional medical clinic, to providing affordable housing, to youth job training, to offering weekly spiritual celebrations at Glide Church, and much more – Glide touches the lives of many people. Glide has helped thousands of disenfranchised and poor people get back on their feet and find their way to jobs, housing and spiritual fulfillment.

For more information about the Warren Buffett Lunch listing, please contact Tod Thorpe in the Glide Foundation Development office at 415.674.6072 or at tthorpe@glide.org.  For more information about Glide Foundation please visit www.Glide.org.

 

Back to Press Releases

GLIDE  330 Ellis Street, San Francisco, CA 94102 | 415.674.6000

GLIDE Digital EcosystemGLIDE's Facebook PageGLIDE's Twitter PageGLIDE's YouTube PageGLIDE's Vimeo pageGLIDE's Instagram pageGLIDE's iTunes page