The money raised from this lunch was donated to the Glide Foundation, which provides aid to San Francisco's homeless and poor.
Buffett has also offered his helping hand in other ways. At the close of 2009 it was announced that the financier would co-chair a committee led by Goldman Sachs (GS - Get Report), aimed at assisting U.S. small business owners build their companies.
The 10,000 Small Businesses program is designed to provide small businesses in the United States with access to funds, education and networking opportunities in hopes of increasing productivity and getting them back on their feet. Goldman CEO Lloyd Blankfein, Buffett and Dr. Michael Porter of Harvard Business School are on the Advisory council which is responsible for the development, execution and evaluation of the program.
Despite the long time he has resided in the upper tier of society, Buffett has not forgotten about the less fortunate.Prior to the meal he shared with Salida executives, Buffett told Bloomberg that the need for charitable giving is unlimited. Whether on Wall Street or Main Street, this is one Buffett lesson we can all take to heart. -- Written by Don Dion in Williamstown, Mass.