Just what the Gates Foundation needs, another $1.5 billion from Buffett

Warren Buffett made his annual gift of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation, turning over about $1.5 billion worth of stock. The gift is the fifth installment in Buffett's plan to transfer the majority of his wealth to the Seattle-based foundation run by the Microsoft Corp. co-founder and his wife. The foundation is the world's largest with an endowment of $37.1 billion.-- Monitor