A free online course that starts today will offer students the chance to learn about giving from Warren Buffett and help decide how to spend more than $100,000 of his sister's money. More than 4,000 people have already signed up for the Giving With Purpose course, which also will feature philanthropic advice from baseball's Cal Ripken Jr. and the founders of Ben & Jerry's. The amount being given away could grow if more students sign up.
Buffett and his older sister, Doris Buffett, will talk about their motivation for philanthropy. Warren is gradually giving away all of his $58 billion Berkshire Hathaway stock, while Doris has already given more than $150 million away en route to her goal of redistributing all her wealth before she dies. The course is modeled after a class that has been taught at more than 30 universities that allows students to give away $10,000 after evaluating several nonprofits and learning about effective giving.