Philanthropy

Herb and Marion Sandler established the Sandler Foundation in 1991.

In 2006, prior to the closing of the sale of Golden West, the Sandlers contributed approximately $1.3 billion to the Foundation, which was the second largest American charitable contribution of 2006. The Sandlers are committed to giving away their wealth to philanthropy, and have participated in the Giving Pledge initiative organized by Warren Buffett and Bill and Melinda Gates.

As of December 31, 2016, Sandler Foundation has made charitable grants exceeding $750 million, with the majority of the funds distributed since 2006.

Additional information about Sandler Foundation can be found at www.sandlerfoundation.org.

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