WARREN BUFFETT will host a lunch to benefit GLIDE and its programs.
The lunch will be up for bid on eBay beginning June 5, 2016 at 7:30 pm PDT and close June 10, 2016 at 7:30 pm PDT. Mr. Buffett will dine with the winning bidder and up to seven friends at Smith & Wollensky in New York City on a mutually agreed upon date.
100% of proceeds from the winning bid will benefit GLIDE, one of the leading social service institutions working to alleviate human suffering and poverty in the San Francisco Bay Area.
Mr. Buffett has described GLIDE as “...maybe the most effective organization I’ve seen for people down on their luck. It takes people who have hit bottom and brings them back. I’ve seen it with my own eyes.”
Each year, GLIDE helps thousands of men, women, and children confront and overcome the effects of human suffering, poverty and homelessness through comprehensive services that emphasize unconditional love, healing, personal empowerment and self-affirmation. GLIDE provides these comprehensive services to more than 2,500 individuals every day and feeds feeds 750,000 meals a year.
Founded over 50 years ago by Rev. Cecil Williams and Janice Mirikitani, GLIDE has worked to create a radically inclusive, just and loving community mobilized to alleviate suffering and break the cycles of poverty and marginalization. Located in the culturally rich Tenderloin neighborhood of San Francisco, GLIDE serves a diverse cross-section of homeless, low-income and disenfranchised program participants, providing a comprehensive set of programs including free meals; HIV/Hep C testing and counseling; housing assistance; domestic violence counseling and abatement; substance abuse recovery; licensed childcare; afterschool and summer programs for youth; a resource center for families; free legal services; and access to free primary and behavioral health care. GLIDE has founded and sustained visionary programming, and achieved tangible results for tens of thousands of individuals and families on the margins, all once thought to be beyond the possible. For additional information, visit glide.org, contact Dori Caminong (415-674-6001).
FREQUENTLY ASKED QUESTIONS
Q: Who is Kompolt? A: The GLIDE Foundation has retained Kompolt to manage this auction. Kompolt provides a comprehensive auction management service for charities, nonprofit organizations, and top brand companies.
Q: Do I need to be pre-qualified to bid on this auction? A: Yes. In order to help ensure a smooth and successful auction, Kompolt will be performing bidder pre-qualification for this event. To begin this process, please fill out the Pre-Qualification form.
Q: Why must I pre-qualify if I'm already a current eBay member in good standing? A: We realize that the Bidder Pre-Qualification policy may seem like an unnecessary procedure to eBay community members in good standing, but to ensure a safe and fair auction, we require that all bidders participate.
Q. Is bidding open internationally? A: Yes, bidding is open internationally.
Q. I've won the auction! What happens next? A. A representative of Kompolt will contact the winning bidder to congratulate him or her and confirm the payment amount and payment instructions.
Q. How may I pay for my Lunch with Warren Buffett experience? A. We primarily accept payment through a bank wire transfer. Funds must be payable to “GLIDE Foundation” in U.S. dollars only, shipped directly to GLIDE via traceable source, and received within three (3) business days of the close of the auction. GLIDE will only accept public stock contributions at GLIDE’s sole discretion. GLIDE may, at any time, decline the public stock contribution and request full payment via wire transfer or check. Any public stock contribution must allow GLIDE to sell such public stock contribution, without offset, significant financial loss or penalty, within 7-10 business days after the public stock contribution is received.
Q. Is there sales tax? A. No. Sales tax will not be charged.
Q. Will a receipt be provided? A. Yes, a receipt for the final bid amount paid will be provided by the GLIDE Foundation.
Q. Is my payment tax deductible? A. Payment to the GLIDE Foundation for this Lunch with Warren Buffett experience is considered a charitable contribution. We strongly encourage you to discuss with your tax advisor, before you bid, the extent to which (if any) your payment to the GLIDE Foundation for this experience is tax deductible.
The GLIDE Foundation is a 501(c)(3) organization. Before bidding, bidders wishing to claim a charitable contribution deduction should discuss with their tax advisors if, and to what extent, a portion of the payment to the GLIDE Foundation is tax deductible.
Q: When can I expect to receive information regarding my Lunch with Warren Buffett experience? A: Barring a presently unanticipated change in circumstances, the expected delivery time of relevant experience information is 7-10 business days after final payment is received and acknowledged.
Q. Tell me more about GLIDE: A. To learn more, please visit the website at www.glide.org.
Other Questions? Please use the “Ask the seller a question” feature above.
TERMS & CONDITIONS All bidders agree that the auction is subject to the following terms and conditions, as well as to those supplemental terms and conditions referenced in the FAQs:
The Lunch with Warren Buffett Experience
• The winning bidder will receive the opportunity to enjoy a Lunch with Warren Buffett, (the “Lunch”). The winning bidder may invite up to 7 friends to join him or her at the Lunch. • The details of the Lunch—including, but not limited to, the restaurant location, date, and time—are to be arranged between the winning bidder and Warren Buffett. • The winning bidder is solely responsible for any lodging accommodations and transportation to and from the Lunch. The GLIDE Foundation is not responsible for any arrangements or expenses related to the Lunch. • The winning bidder agrees, warrants, and represents that he or she (and his or her invited guests) will not in any way advertise, promote, market, or use Warren Buffett’s or the GLIDE Foundation’s name, likeness, voice, photograph, signature, logo, or image in any manner, for any reason, at any time, without the prior written consent of Warren Buffett and/or the GLIDE Foundation, as the case may be. • The GLIDE Foundation will receive 100% of the net proceeds from the winning bid (typically, the entire bid amount). • The winning bid is considered a charitable contribution. We strongly encourage you to discuss with your tax advisor, before you bid, the extent to which (if any) your payment to the GLIDE Foundation for this experience is tax deductible. The GLIDE Foundation is a 501(c)(3) organization. Before bidding, bidders wishing to claim a charitable contribution deduction should discuss with their tax advisors if, and to what extent, a portion of the payment to the GLIDE Foundation is tax deductible.
TERMS & CONDITIONS (cont.)
The Bidding Process
• All bidders must be Pre-Qualified by Kompolt, the auction manager. • All bidders must successfully place a ‘test’ bid with Kompolt’s assistance prior to bidding on the auction. • All bidders must have reached the age of legal majority in the country from which they are bidding. • Only principals shall be permitted to enter bids. Bidding by silent or “secret” partner or by proxy shall not be permitted and shall be, in GLIDE’s sole discretion, a basis for rejecting any bid and/or for revoking GLIDE’s acceptance of any winning bid. • In the event a bid is rejected or revoked on this or any other basis, GLIDE shall have the right to offer the Lunch to the second highest bidder at the auction. • Kompolt reserves the right to block a bidder for any reason including, but not limited to, feedback, non-paying bidder, bid retractions, recent bid history, any attempt by the bidder to promote and/or sell any part of the Lunch for personal or company profit without prior written consent, or other material information regarding the character and/or fitness of the bidder available to it. • Please note that shill bidding is neither allowed nor tolerated. This practice is illegal and carries legal consequences in many jurisdictions. Per eBay’s help pages, “shill bidding is the deliberate placing of bids to artificially raise the price of an item and is not allowed.” • The winning bidder agrees to pay within three (3) business days of the close of the auction. • All bids must be paid in US dollars. GLIDE will only accept public stock contributions at GLIDE’s sole discretion. GLIDE may, at any time, decline the public stock contribution and request full payment via wire transfer or check. Any public stock contribution must allow GLIDE to sell such public stock contribution, without offset, significant financial loss or penalty, within 7-10 business days after the public stock contribution is received.
General Conditions
• Only the winning bidder and his or her invited guests may participate in the Lunch with Warren Buffett. The Lunch may not be sold or otherwise transferred without the express written consent of both Warren Buffett and the GLIDE Foundation. • The winning bidder and his or her invited guests (if applicable) agree to provide their names, addresses, dates of birth, and other identifying information as reasonably requested for security verification including, but not limited to, criminal and police background checks. Failure to supply such information may result in forfeiture of the Lunch without any refund being issued. • Warren Buffett and GLIDE reserve the right to deny participation at the Lunch to any winning bidder’s invited guest whose presence may subject Mr. Buffett to a security risk or to a risk of unwanted publicity, to be determined in Mr. Buffett’s sole discretion. • The winning bidder and his or her invited guests hereby consent, as part of their participation in the Lunch, to the reasonable examination of their persons and, if requested, may be subject to additional security checks and procedures. • The Lunch and any related encounters may or may not be supervised by event staff. • The winning bidder acknowledges that due to the unique nature of this Lunch experience, it is sometimes difficult to anticipate and schedule exact meeting times. Kompolt will coordinate details with the winning bidder on a best efforts basis in order to enable the winning bidder to schedule the Lunch as far in advance as possible. • Any delay caused by the winning bidder may result in the Lunch being forfeited and no claim for a refund or alternative meeting time will be entertained. • The Lunch may be cancelled due to illness or unavailability of the principal individual(s) without refund or reschedule. • Kompolt and its partners will assist any persons requiring special assistance with the fulfillment of the Lunch experience to the best of our ability. It is the bidder’s responsibility to confirm with Kompolt in advance if special accommodations are required and to confirm if they can be made. Please note that some experiences may have certain restrictions or limitations based on location, physical venue and other circumstances beyond our control. Failure to confirm if special assistance or accessibility can be made may result in loss of the Lunch experience and payment if the winning bidder is unable to take part in the Lunch experience. • This auction does not include any items or services that are not detailed above. • Your participation in this auction constitutes acceptance of these terms and conditions.
About eBay for Charity: A charity fundraiser platform that keeps on giving, eBay for Charity has raised more than $610 million for over 30,000 nonprofit organizations in the United States and abroad. The platform launched in 2003, and has helped nonprofit organizations architect and implement fundraising ideas and charity auctions that engage over 157 million eBay users. The program gives online users from all over the world a chance to make a difference by shopping, selling, or donating on eBay. eBay for Charity and PayPal Giving Fund, a nonprofi partner, screen and certify participating nonprofits as well as process the donations from charity auctions. From celebrity souvenirs to novelty items, eBay for Charity has proven its versatility as a premier charity fundraiser platform. Learn more at www.ebay.com/charity.
About GLIDE: Founded over 50 years ago by Rev. Cecil Williams and Janice Mirikitani, GLIDE has worked to create a radically inclusive, just and loving community mobilized to alleviate suffering and break the cycles of poverty and marginalization. Located in the culturally rich Tenderloin neighborhood of San Francisco, GLIDE serves a diverse cross-section of homeless, low-income and disenfranchised program participants, providing a comprehensive set of programs including free meals; HIV/Hep C testing and counseling; housing assistance; domestic violence counseling and abatement; substance abuse recovery; licensed childcare; afterschool and summer programs for youth; a resource center for families; free legal services; and access to free primary and behavioral health care. GLIDE has founded and sustained visionary programming, and achieved tangible results for tens of thousands of individuals and families on the margins, all once thought to be beyond the possible. For additional information, visit glide.org, contact Dori Caminong (415-674-6001).
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