FOR IMMEDIATE RELEASE:

June 8, 2011
CONTACT: Denise Lamott, 415.381.8793, Denise@DeniseLamottPR.com


WHO WILL WIN LUNCH WITH WARREN BUFFET?

Media Invited to View the Final Moments of the 2011
Warren Buffet Power Lunch Auction Benefitting GLIDE
Bidding Already at Record-Breaking $2.4 Million

Auction Ends Friday, June 11 at 7:30 pm PDT
Online viewing available at GLIDE.org

WHAT:    
The media is invited to witch the final moments of the 2011 Warren Buffet Power Lunch benefitting GLIDE with GLIDE founders Reverend Cecil Williams, Janice Mirikitani, eBay executives as well as GLIDE supporters. Bidding is already at a record-breaking $2.4 million.

PLEASE NOTE: Media must RSVP for this event

WHEN:    
Friday, June 10 from 6pm – 9pm, Auction closes at 7:30 PDT

WHERE:    
San Francisco Ferry Building, 2nd Floor
Port Commission Hearing Room & Grand Hall

WHO:    
GLIDE Founder and Minister of Liberation Reverend Cecil Williams, GLIDE Founding President Janice Mirikitani, eBay Inc. CEO and president eBay John Donahoe

ONLINE VIEWING:    
The public will be able to log on to GLIDE.org at 7:10pm (PDT) and watch the thrilling live coverage of GLIDE’s viewing party in San Francisco as well as video messages from Warren Buffett, GLIDE founders Rev. Cecil Williams and Janice Mirikitani and eBay Inc. CEO and president John Donahoe.

B-ROLL:    
Broadcast quality video from the closing minutes of the auction will be available online 30 minutes after the auction closes through www.dropbox.com. To request a password, please email Denise@DEniseLamottPR.com.


BACKGROUND:
Warren Buffett, legendary investor and philanthropist, will host his 12th annual power lunch with the winning bidder of eBay’s charity auction to benefit San Francisco’s GLIDE.  The annual power lunch – and the only one Buffett offers – has raised nearly $9 million for GLIDE’s programs to help San Francisco’s neediest residents. Last year’s winning bid by an anonymous individual set a world-record at $2,626,300.00.

The bidding began on Sunday, June 5 and started at $25,000. It has moved with a record-breaking pace up to nearly $2.4 million. All bidders are pre-qualified through Kompolt, the leader in online charity auction management. The lunch is listed through eBay Giving Works, eBay’s charity fundraising program. To pre-qualify or keep up on the auction, visit: www.LunchWithWarrenBuffett.com. 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. Alan Stillman, founder of Smith & Wollensky, has generously agreed to donate $10,000 to GLIDE for the privilege of hosting the lunch. Smith & Wollensky has been called “the quintessential New York steakhouse” by Gourmet Magazine and “the steakhouse to end all arguments” by the New York Times.

About GLIDE
Located at Ellis and Taylor in the Tenderloin, one of San Francisco's harshest urban environments, GLIDE is an oasis that has served the poor and disenfranchised for more than 45 years. GLIDE is unconditional in its love, support and commitment to the community it serves – providing a range of holistic services from meals to housing to healthcare in order to alleviate suffering and break the cycles of poverty and marginalization.  With an unwavering commitment grounded in spirituality and emotional understanding, GLIDE is a leading organization for social justice – inspiring the larger community to celebrate humanity through compassion, generosity and acceptance.  For more information, visit www.glide.org

About eBay
Founded in 1995 in San Jose, Calif., eBay Inc. (Nasdaq:EBAY) connects hundreds of millions of buyers and sellers globally through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com

About Kompolt
Kompolt's Charity Auctions drive brand awareness, consumer engagement and cause loyalty by combining the influential power of charity, celebrities, and brands.  We offer clients the chance to achieve a broad impact across social networks with our socially driven methodology and years of experience in raising money for causes on eBay.  Since 2002, Kompolt campaigns have raised over $30 million for causes worldwide. Kompolt is a Causemedia Group company. 


About Ustream, Inc.

Ustream, Inc. (www.ustream.com)  is the leader in live video streaming and its platform empowers any individual, public figure or brand to stream to a global audience of unlimited size. Ustream offers free broadcasting and viewing platforms for the Web, mobile devices and more. The interactive functionality within Ustream enables real-time engagement with Facebook, Twitter, MySpace and AIM. Hundreds of high-profile broadcasters have partnered with Ustream to reach millions of people through live broadcasted content and interactivity.

 

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