License to Give: Warren Buffett's Lincoln Town Car to be Auctioned on eBay to Benefit Girls Inc.
NEW YORK--Aug. 22, 2006--Girls Inc.: Billionaire Investor Putting Philanthropic 'Pedal to the Metal' to Help Fund Programs that Inspire and Empower Girls to be Strong, Smart and Bold(SM)WHAT: Warren Buffett, the world's second-wealthiest man, is divesting himself of his Lincoln Town Car to benefit Girls Incorporated(R) (Girls Inc.), the premier youth-service organization that reaches millions of girls, ages 6 to 18, throughout the U.S. and Canada. Mr. Buffett's personal automobile will be offered at auction on eBay, Sept. 12 - 22, 2006. The four-door, 2001 Lincoln Town Car Signature Series registers fewer than 14,000 miles. Featuring a light-gold exterior, light-beige interior and leather seats, this iconic, pre-owned car also will come complete with Mr. Buffett's personalized "THRIFTY" license plate as well as an etched brass plaque bearing his signature. All auction proceeds will be used by Girls Inc. to fund its many educational programs, which help girls confront subtle societal messages about their value and potential, and prepare them to lead successful, independent, and fulfilling lives. WHEN(1): Auction START: 6 p.m. EST, Tuesday, September 12, 2006 Auction END: 6 p.m. EST, Friday, September 22, 2006 Bidder Pre-Qualification in Process (began at 11 a.m. EST, Monday, August 21, 2006). (1) To ensure a safe and fair auction, all interested bidders first must complete the auction's required Bidder Pre-Qualification process. All bidder pre-qualification will be managed by Kompolt, a leading auction-management company that is recognized by eBay as a Certified Service Provider. For more information, visit www.kompolt.com. WHERE: eBay Auction Web Site Address (Direct Link): www.ebay.com/girlsinc WHY: This collectible car not only allows people to share in the 'Buffett magic' but also follow in his generous philanthropic footsteps. Like "The Sage of Omaha," himself, Girls Inc. recognizes the importance of "economic literacy" and the value of "starting early" when it comes to teaching its principles to today's youth. At Girls Inc., where most members are from single-parent families with incomes under $25,000, girls as young as six years old are introduced to basic financial concepts, including money management and investment. Girls Inc. also implements an array of programs for its adolescent and teen constituencies, providing them with the skills and self-confidence they need to contribute to the economy and make strong, smart and bold decisions about their financial futures. This is one investment that promises to deliver a valuable return on investment as Girls Inc. helps to prepare the next generation of females to be trailblazers, innovators and leaders. To learn more about Girls Inc. and its programs, visit www.girlsinc.org. MEDIA CONTACTS: Cheryl Messer, Girls Inc. Direct: 212-509-2000 x) 237 OR Taiia Smart-Young, Girls Inc. Direct: 212-509-2000 x) 229 OR Leslie Jones, Ogilvy PR Worldwide Direct: 404-881-2312 Mobile: 404-247-5356
ADDITIONAL INFORMATION (PRESS RELEASE)
Warren Buffett's philanthropic efforts recently made headlines when he pledged to donate the bulk of his fortune, nearly 32 billion dollars, to five foundations. In addition to this generous gift, Mr. Buffett is divesting himself of his 2001 Lincoln Town Car to benefit Girls Incorporated (Girls Inc.), the premier youth-service organization that reaches millions of girls, ages 6 to 18, throughout the U.S. and Canada. Mr. Buffett's personal automobile, including his personalized "THRIFTY" license plate, will be offered at auction on eBay, Sept. 12 - 22, 2006. Girls Inc. will use funds generated from the sale to support and enhance its array of educational programs across several disciplines, including science, math and technology, sports, economic and media literacy, safety, and community action.
Often referred to as "The Sage of Omaha," thanks to his savvy investing and no-nonsense business philosophy, Mr. Buffett has long relied on his signature money-management style when it comes to building social capital.
"Girls Inc. gives young women the chance to achieve their potential by teaching them to invest in their most important asset - their life," says Mr. Buffett. "Money might determine who gets what opportunities, but as the years go by, you measure your personal bank account by who loves you, how they love you, and whether the world is a better place because you were born."
Mr. Buffett's four-door, 2001 Lincoln Town Car Signature Series registers fewer than 14,000 miles and features a light parchment gold exterior, light beige interior, and leather seats. In addition to receiving the car's highly collectible "THRIFTY" license plate, the winning bidder also will be given an etched brass plaque bearing Mr. Buffett's signature, which can be placed in the car's interior.
"Everyone respects Warren Buffett's business acumen and his goodwill toward those in need deserve the same accolades," said Joyce Roche, president and CEO of Girls Inc. "At Girls Inc., we provide girls with tools and skills to improve their lives, and this wonderful, collectible car allows people to share in the Buffett magic, follow in his generous footsteps, and invest in the next generation of leaders."
Key Features of Warren Buffett's 2001 Lincoln Town Car Signature Series:
-- Anti-Lock Brakes
-- Dual Front Air Bags
-- Heated Seats
-- Power Locks, Windows & Seats
-- Radio Control on Steering Wheel
-- Snow Tires
-- Built-in Garage Door Opener
-- Programmable Driver's Seat
-- Keyless Entry
All bidders must be pre-qualified by Kompolt, a leading auction-management company. For more information, please visit www.ebay.com/girlsinc.
ABOUT GIRLS INCORPORATED
Girls Incorporated(R) is a nonprofit organization that inspires all girls to be strong, smart, and bold(SM). With local roots dating to 1864 and national status since 1945, Girls Inc. has responded to the changing needs of girls through research-based programs and public education efforts that empower girls to understand, value, and assert their rights. In 2005, Girls Inc. reached nearly 800,000 girls through Girls Inc. affiliates, its website (www.girlsinc.org), and educational publications.