Glide Foundation

The Glide Foundation is a charity organization that helps the homeless, based in San Francisco, California, associated with devout Methodist Lizzie Glide and the Glide Church.

Glide and the foundation bought the Hotel Californian two blocks from the church in 1935 and it was operated as a temperance hotel for decades. She also funded a home for young working Christian women and a dorm for young Christian women at U. C. Berkeley.

The foundation has worked with investor Warren Buffett who has donated the proceeds from his eBay "Power Lunch with Warren Buffett" auctions to Glide. As of 2017, he had raised nearly $24 million for the Foundation. The winning bid in 2006 was $620,100, won by Duan Yongping, a California investor. In 2008, Mohnish Pabrai and Guy Spier won the auction for $650,100. The 2009 auction was won with a bid of $1.68 million by an anonymous bidder In 2011 an anonymous bidder paid $2,626,411 for a lunch with Buffet. The June 9, 2012 auction for lunch with Buffett yielded a record figure of $3,456,789; the highest figure paid for lunch with the investor at the time. This number was tied at the 2016 auction. In 2019, the annual auction closed with a winning bid of $4,567,888 by Justin Sun. In 2022, the 21st "Grand Finale" auction closed with a winning record bid of $19,000,100 from an anonymous bidder, bringing the total raised by the annual actions to over $53 million. The Glide auction's winners traditionally dine with Buffett at New York's Smith and Wollensky steak house. The restaurant donates at least $10,000 to Glide each year to host the auction lunch.

Event number Year Winning bid (USD) 21 2022 $19 million202019 $4.57 million 18 2017 $2.68 million 17 2016 $3.46 million 16 2015 $2.35 million 15 2014 $2.16 million 14 2013 $1 million 13 2012 $3.46 million 12 2011 $2.63 million 11 2010 $2.63 million 10 2009 $1.68 million 9 2008 $2.1 million 8 2007 $650,100 7 2006 $620,100 6 2005 $351,100 5 2004 $202,100 4 2003 $250,100 3 2002 $25,000 2 2001 $18,000 1 2000 $25,000