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Annual Auction for Lunch with Warren Buffett


Date: Friday, June 3, 2011
Author: News Release

RAISE YOUR VIRTUAL PADDLES FOR THE
POWER LUNCH OF A LIFETIME
Annual Auction for Lunch with Warren Buffett Benefits
San Francisco’s GLIDE
 
eBay Giving Works Charity Auction Runs From June 5 - 10
  

 SAN FRANCISCO, CA – Now is your chance to bid on the world’s most popular – and generous – lunch.  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.

   “We are deeply grateful that Mr. Buffett shares our unwavering commitment to help our neediest neighbors – regardless of background or circumstance,” said GLIDE’s Founder and Minister of Liberation Reverend Cecil Williams.  “His generosity, and that of the winning bidders, has provided meals, healthcare, job training, rehabilitation and housing support to help lift people out of these hard times and give them hope in their future.”

    
The Annual Warren Buffett Lunch Charity Auction is a high-demand item listed on eBay that, over the past 12 years, has raised nearly $9 million for GLIDE.  Buffett has been a longtime loyal supporter of GLIDE, who told the Associated Press last year, “There's all kinds of people that need that kind of help, and I don't think anybody is better at providing it than Glide."

  Bidding for this year’s auction opens Sunday, June 5 at 7:30 p.m. PDT, and will close on Friday, June 10 at 7:30 p.m. PDT. The bidding starts at $25,000 and all bidders will be pre-qualified through Kompolt, <http://www.kompolt.com> specialists in Cause Branded Social Media. The lunch will be listed through eBay Giving Works <http://givingworks.ebay.com/> .. To pre-qualify, visit:www.LunchWithWarrenBuffett.com <http://members.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=glidefoundation> .. 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.

  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 please visit www.Glide.org <http://www.Glide.org> .


About GLIDE
Located at Ellis and Taylor in the Tenderloin, one of San Francisco's harshest urban environments, GLIDE <http://www.glide.org>  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 <http://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 <http://www.ebayinc.com <http://www.ebayinc.com> >.

About Kompolt
Since 2002, KOMPOLT (www.kompolt.com <http://www.kompolt.com/> ) has executed over 500 high-profile Cause Marketing campaigns. These campaigns, launched globally to large and diverse communities on eBay and social networks like Facebook and Twitter, have built brand awareness and goodwill for over 400 of the world’s best known brands, celebrities, agencies and charities. KOMPOLT campaigns have raised over $30 million for causes worldwide, attracted billions of impressions and engaged millions of consumers in cause-driven transactions. KOMPOLT is a Causemedia Group company (www.causemediagroup.com <http://www.causemediagroup.com/> ).

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