* Annual donations to Gates, family foundations
* Buffett donating 99 percent of wealth
NEW YORK, July 7 Investor Warren Buffett has
donated another $1.5 billion to the Bill & Melinda Gates
Foundation, part of his plan that began in 2006 to donate 99
percent of his wealth.
According to a filing with the U.S. Securities and Exchange
Commission, Buffett donated on Thursday 19.34 million Class B
shares of his insurance and investment company Berkshire
Hathaway Inc (BRKa.N) to the Gates Foundation.
The B shares closed up $1.25 at $77.77, while Berkshire
Class A shares closed up $1,840 at $116,640.
Bill Gates, the co-founder of Microsoft Corp (MSFT.O) and a
Berkshire director, and his wife Melinda created the Gates
Foundation to address education, health and poverty problems.
Buffett, 80, annually donates smaller sums at about the
same time of year to four family charities.
These include the Susan Thompson Buffett Foundation, named
for Buffett's late first wife, and foundations for their
children Howard, Peter and Susan.
Berkshire was not able to immediately provide further
information about these donations, which are typically
disclosed in SEC filings.
Buffett is the world's third-richest person, with a $50
billion net worth, Forbes magazine said in March.
The Gates Foundation said it employs 927 people, spent $2.6
billion last year, and has a $37.1 billion endowment.
Buffett expects the foundation to spend his gifts, which
have totaled roughly $9.5 billion.
The number of shares that Buffett donates declines by 5
percent each year.
(Reporting by Jonathan Stempel; editing by Andre Grenon)