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20130731V1 - The Giving Pledge

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Larry Ellison<br />

To whom it may concern,<br />

Many years ago, I put virtually all of my assets into a trust with the intent of giving away at least 95%<br />

of my wealth to charitable causes. I have already given hundreds of millions of dollars to medical<br />

research and education, and I will give billions more over time. Until now, I have done this giving<br />

quietly—because I have long believed that charitable giving is a personal and private matter. So why<br />

am I going public now? Warren Buffett personally asked me to write this letter because he said I would<br />

be “setting an example” and “influencing others” to give. I hope he’s right.<br />

Larry Ellison

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