BUFFETT EARLY CHILDHOOD FUND: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BUFFETT EARLY CHILDHOOD FUND (EIN 20-1768874)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-09
- IRS object ID
- 202331299349104398
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Distribution From Corpus Election
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-09T13:45:51-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18081 BURT ST STE 200 | AddressLine1Txt |
| City | OMAHA | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 680224722 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201768874 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUFFETT EARLY CHILDHOOD FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BUFF | BusinessNameControlTxt |
| Phone | 4023410933 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 808 CONAGRA DRIVE 200 | AddressLine1Txt |
| City | OMAHA | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSIE RASMUSSEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4023410933 | PhoneNum |
| Signature | 2023-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JESSIE | PersonFirstNm |
| Person Last | RASMUSSEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WENDY R COOLEY CPA | PreparerPersonNm |
| PTIN | P01523804 | PTIN |
| Phone | 4023302660 | PhoneNum |
| Preparation | 2023-05-04 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,380,809 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $30,081,120 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $36,243 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $36,243 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $153,465 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,992,418 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,991,889 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $30,270,828 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,028,132 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $552,465 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $552,465 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $653,750 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $653,750 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $377,002 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $377,002 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,897 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,897 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,628 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $22,628 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $130,678 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $130,678 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $140,942 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $69,905 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $106,340 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $106,340 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $33,300 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $33,300 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $5,242 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $5,242 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $34,966 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $34,966 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,059,210 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,988,173 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $32,358,893 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $32,358,893 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $34,418,103 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $34,347,066 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,147,275 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,028,132 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,579,897 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,151,241 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,151,241 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $62,192 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $27,420 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $27,420 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $7,086,001 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,202,148 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,202,148 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $20,348 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,348 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $9,728,090 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,380,809 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,380,809 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $39 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $39 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $39 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $9,728,051 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $7,380,770 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,728,051 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,380,770 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,728,090 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,380,809 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,728,051 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,147,275 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,145,997 | OtherIncreasesAmt |
| Subtotal | $7,726,773 | SubtotalAmt |
| Other Decreases | $346,003 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,380,770 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | BERKSHIRE HATHAWAY INC DEL CL B | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Acquired | 2022-07-08 | AcquiredDt |
| Sold | 2022-11-03 | SoldDt |
| Gross Sales Price | $6,992,418 | GrossSalesPriceAmt |
| Cost Or Other Basis | $529 | CostOrOtherBasisAmt |
| Gain Or Loss | $6,991,889 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $6,991,889 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,991,889 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $97,691 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $97,691 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $97,691 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $15 | EsPenaltyAmt |
| Tax Due | $97,706 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.BUFFETTEARLY.ORG | WebsiteAddressTxt |
| Individual With Books | SUSAN MULLIN | IndividualWithBooksNm |
| Phone | 4023410933 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 808 CONAGRA DRIVE STE 200 | AddressLine1Txt |
| City | OMAHA | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SUSAN A BUFFETT | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | DIRECTOR & CHAIR | 5.00 | $0 | $0 | $0 |
| HELEN RAIKES | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | DIRECTOR & TREASURER | 5.00 | $0 | $0 | $0 |
| WALLACE WEITZ | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | DIRECTOR & SECRETARY | 5.00 | $0 | $0 | $0 |
| MIKE BURKE | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | VICE-PRESIDENT | 40.00 | $217,425 | $75,627 | $0 |
| JESSIE RASMUSSEN | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | PRESIDENT | 40.00 | $335,040 | $66,711 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| GLADYS HAYNES | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | DIRECTOR OF NEBRASKA | 40.00 | $187,905 | $75,653 | $0 |
| ERIC BUCHANAN | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | DIRECTOR OF STRATEGI | 40.00 | $182,824 | $63,045 | $0 |
| SUSAN MULLIN | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | OPERATIONS DIRECTOR | 40.00 | $162,514 | $64,412 | $0 |
| PORTIA KENNEL | ||||||||
| 808 CONAGRA DRIVE SUITE 200 | OMAHA | NE | 68102 | SENIOR ADVISOR | 40.00 | $112,322 | $26,032 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EARLY OPPORTUNITIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5006 50TH PLACE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | STRATEGIC PLANNING CONSULTING | ServiceTypeTxt |
| Compensation | $75,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,968,832 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,936,714 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,905,546 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,905,546 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $253,583 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,651,963 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $832,598 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $832,598 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $97,691 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $97,691 | TotalTaxAmt |
| Distributable Before Adj | $734,907 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $734,907 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $734,907 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $34,347,066 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $34,347,066 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $734,907 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $8,254,986 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,397,194 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $7,624,748 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $19,276,928 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $34,347,066 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $30,081,120 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $734,907 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,531,039 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $52,889,087 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $30,081,120 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $22,807,967 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $22,807,967 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALLIANCE FOR EARLY SUCCESS | ||||||
| PO BOX 6756 | SHAWNEE MISSION | KS | 66206 | PC | STATE BASED EARLY CHILDHOOD EDUCATION SUPPORT | $3,030,748 |
| BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON | ||||||
| 1295 BOYLSTON ST STE 320 | BOSTON | MA | 02215 | PC | ELN BREAKTHROUGH PROJECT SUPPORT | $150,000 |
| COMIC RELIEF INC | ||||||
| 488 MADISON AVENUE 10TH FLOOR | NEW YORK | NY | 10022 | PC | RED NOSE DAY - SAVE THE CHILDREN MATCHING GRANT | $1,250,000 |
| EDUCARE LINCOLN | ||||||
| 3435 N 14TH STREET | LINCOLN | NE | 68521 | PC | QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $2,405,127 |
| EDUCARE OF OMAHA INC | ||||||
| 3110 W STREET | OMAHA | NE | 68107 | PC | QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $2,749,745 |
| EDUCARE OF WASHINGTON DC | ||||||
| 640 ANACOSTIA AVENUE NW | WASHINGTON | DC | 20019 | PC | QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $700,000 |
| LINCOLN COMMUNITY FOUNDATION | ||||||
| 215 CENTENNIAL MALL S STE 100 | LINCOLN | NE | 68508 | PC | LINCOLN LITTLES PROGRAM SUPPORT | $125,000 |
| NATIONAL HEAD START ASSOCIATION | ||||||
| 1651 PRINCE STREET | ALEXANDRIA | VA | 22314 | PC | EARLY CHILDHOOD INNOVATION SUMMIT & DATA SUPPORT | $5,000 |
| NEBRASKA CHILDREN & FAMILIES FOUNDATION | ||||||
| 215 CENTENNIAL MALL S STE 200 | LINCOLN | NE | 68508 | PC | FIRST FIVE NEBRASKA OPERATING SUPPORT, ROOTED IN RELATIONSHIPS PROGRAM SUPPORT, COMMUNITIES 4 KIDS PROGRAM SUPPORT, CHANGEMAKERS LUNCHEON SUPPORT | $3,532,860 |
| NEBRASKA EARLY CHILDHOOD COLLABORATIVE | ||||||
| 3200 N 30TH STREET STE 200 | OMAHA | NE | 68111 | PC | GENERAL OPERATING SUPPORT 2022, GENERAL OPERATING SUPPORT 2023 | $9,802,094 |
| NEXT DOOR FOUNDATION | ||||||
| 2545 N29TH STREET | MILWAUKEE | WI | 53210 | PC | EDUCARE MILWAUKEE QUALITY EARLY CHILDHOOD PROGRAM SUPPORT | $500,000 |
| PARTNERSHIP 4 KIDS | ||||||
| 1004 FARNAM STREET STE 200 | OMAHA | NE | 68102 | SO I | BOOK BUDDY PROGRAM SUPPORT | $85,700 |
| PROJECT HARMONY | ||||||
| 11949 Q STREET | OMAHA | NE | 68137 | PC | IMPACT FROM INFANCY PROJECT SUPPORT, ANNUAL LUNCHEON SUPPORT | $505,000 |
| SAVE THE CHILDREN | ||||||
| 501 KINGS HIGHWAY EAST STE 400 | FAIRFIELD | CT | 06825 | PC | FAMILY ENGAGEMENT PROGRAM SUPPORT | $100,000 |
| START EARLY | ||||||
| 33 W MONROE STREET STE 1200 | CHICAGO | IL | 60603 | PC | EDUCARE LEARNING NETWORK SUPPORT, FIRST FIVE YEARS FUND SUPPORT, AND ANNUAL LUNCHEON SUPPORT | $3,760,000 |
| TEACHERS COLLEGE AT COLUMBIA UNIVERSITY | ||||||
| 525 W 120TH STREET BOX 21 | NEW YORK | NY | 10027 | GOV | VISIONING EARLY CHILDHOOD POLICY PROJECT SUPPORT | $600,000 |
| TSNEMISSIONWORKS | ||||||
| 89 SOUTH ST STE 700 | BOSTON | MA | 02111 | PC | ECFC MEMBERSHIP, BUILD CONFERENCE SUPPORT | $70,000 |
| UNIVERSITY OF NEBRASKA - LINCOLN | ||||||
| PO BOX 830861 | LINCOLN | NE | 68538 | GOV | EDUCARE LINCOLN EVALUATION & RESPECT PROJECT SUPPORT | $896,412 |
| UNIVERSITY OF NEBRASKA FOUNDATION | ||||||
| 1010 LINCOLN MALL STE 300 | LINCOLN | NE | 68508 | PC | THRIVE EVENT SUPPORT & LEADERSHIP PROGRAM SUPPORT | $133,149 |
| UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL | ||||||
| 105 SMITH LEVEL RD BOX 8180 | CHAPEL HILL | NC | 27599 | GOV | FRANK PORTER GRAHAM CHILD DEVELOPMENT | $976,060 |
| ERIKSON INSTITUTE | ||||||
| 451 N LASALLE STREET | CHICAGO | IL | 60654 | PC | ANNUAL LUNCHEON SUPPORT | $6,000 |
| HEALTH FEDERATION OF PHILADELPHIA | ||||||
| 123 S BROAD STREET STE 650 | PHILADELPHIA | PA | 19109 | PC | HOME GROWN PROGRAM SUPPORT | $100,000 |
| KINGSLEY HOUSE INC | ||||||
| 1600 CONSTANCE STREET | NEW ORLEANS | LA | 70130 | PC | ANNUAL FUNDRAISING SUPPORT | $5,000 |
| SOUTHWEST HUMAN DEVELOPMENT | ||||||
| 2850 N 24TH STREET | PHOENIX | AZ | 85008 | PC | COACHING BREAKTHROUGH PROJECT SUPPORT | $87,198 |
| STANFORD UNIVERSITY CENTER ON EARLY CHILDHOOD | ||||||
| 3440 FLAIR DRIVE | EL MONTE | CA | 91731 | GOV | RAPID PROJECT SUPPORT | $100,000 |
| THE ASPEN INSTITUTE | ||||||
| 2300 N STREET STE 700 | WASHINGTON | DC | 20037 | PC | ASCEND FELLOWSHIP PROGRAM SUPPORT | $100,000 |
| UNIVERSTIY OF NEBRASKA MEDICAL CENTER | ||||||
| 42ND AND EMILE ST | OMAHA | NE | 68198 | GOV | GLOBAL SCALES OF EARLY DEVELOPMENT IN US | $82,800 |
| VANDERBILT UNIVERSITY PEABODY COLLEGE OF EDUCATION & HUMAN DVLOPMT | ||||||
| 230 APPLETON PLACE | NASHVILLE | TN | 37212 | GOV | PRENATAL-TO-3 POLICY IMPACT CENTER SUPPORT | $500,000 |
| VOICES FOR CHILDREN IN NEBRASKA | ||||||
| 7521 MAIN STREET STE 103 | RALSTON | NE | 68127 | PC | ANNUAL EVENT SUPPORT | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $32,358,893 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| NEBRASKA EARLY CHILDHOOD COLLABORATIVE | ||||||
| 3200 N 30TH STREET STE 200 | OMAHA | NE | 68111 | PC | PARENT AMBASSADORS | $201,950 |
| PRESIDENT & FELLOWS OF HARVARD COLLEGE | ||||||
| 124 MOUNT AUBURN ST | CAMBRIDGE | MA | 02138 | PC | CENTER FOR THE DEVELOPING CHILD OPERATING SUPPORT | $1,500,000 |
| THE ASPEN INSTITUTE | ||||||
| 2300 N STREET STE 700 | WASHINGTON | DC | 20037 | PC | ASCEND FELLOWSHIP PROGRAM SUPPORT | $1,000,000 |
| UNIVERSITY OF NEBRASKA - LINCOLN | ||||||
| PO BOX 830861 | LINCOLN | NE | 68538 | GOV | RESPECT PROGRAM SUPPORT | $1,439,417 |
| NEXT DOOR FOUNDATION | ||||||
| 2545 N29TH STREET | MILWAUKEE | WI | 53210 | PC | EDUCARE MILWAUKEE OPERATING SUPPORT | $475,000 |
| UNIVERSITY OF NEBRASKA MEDICAL CENTER | ||||||
| 42ND AND EMILE ST | OMAHA | NE | 68198 | PC | GLOBAL SCALES OF EARLY DEVELOPMENT PROJECT SUPPORT | $82,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $4,699,167 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $36,243 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $153,465 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $189,708 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $189,708 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHERWOOD FOUNDATION | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 808 CONAGRA DRIVE SUITE 200 | AddressLine1Txt |
| City | OMAHA | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $30,081,120 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 54,000 SHARES OF BERKSHIRE HATHAWAY CL B STOCK | NoncashPropertyDesc |
| Fair Market Value | $15,081,120 | FairMarketValueAmt |
| Received | 2022-07-08 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $22,628 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $22,628 | DisbursementsCharitablePrpsAmt |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SECTION 4942(H)(2) AND REGULATION 53.4942(A)-3(D)(2), THE BUFFETT EARLY CHILDHOOD FUND HEREBY ELECTS TO TREAT $30,081,120 OF CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS FOR THE FOLLOWING TAX YEARS:CURRENT 2022 TAX YEAR PASSTHROUGH FUNDS: $30,081,120 | ElectionDesc |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROPERTY DISTRIBUTIONS VALUED AT FAIR MARKET VALUE | IdentifierTxt |
| Form And Line Reference | FORM 990, PART III, LINE 3 | FormAndLineReferenceDesc |
| Medium Explanation | DURING 2022, 5 PROPERTY DISTRIBUTION GRANTS WERE MADE TO FOUR (4) SECTION 501(C)(3) CHARITABLE ORGANIZATIONS. ALL PROPERTY DISTRIBUTIONS WERE OF BERKSHIRE HATHAWAY CLASS B STOCK. THE FAIR MARKET VALUE AND BOOK VALUE OF THE DISTRIBUTED SHARES WAS $14,926,013 AND $12,780,018, RESPECTIVELY. THE DONATED STOCK'S APPRECIATION IN VALUE, $2,145,996 IS REPORTED ON FORM 990-PF, PART III, LINE 3. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | BERKSHIRE HATHAWAY - CLASS B | StockNm |
| EOY Book Value | $2,202,148 | EOYBookValueAmt |
| EOYFMV | $2,202,148 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $1,897 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,897 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON SECURITIES | Desc |
| Amt | $346,003 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MISCELLANEOUS | $4,027 | $0 | $4,027 |
| TELEPHONE | $5,705 | $0 | $5,705 |
| INSURANCE | $3,473 | $0 | $3,473 |
| OFFICE SUPPLIES | $5,252 | $0 | $5,252 |
| POSTAGE | $1,103 | $0 | $1,103 |
| REPAIRS | $4,251 | $0 | $4,251 |
| BANK CHARGES | $250 | $0 | $250 |
| EQUIPMENT EXPENSE | $2,923 | $0 | $2,923 |
| MARKETING, BRANDING, WEBSITE | $7,982 | $0 | $7,982 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN VALUE OF DONATED STOCK | Desc |
| Amt | $2,145,997 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL | CategoryTxt |
| Amt | $130,678 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $130,678 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $69,905 | $0 | $69,905 |
| EXCISE TAXES | $71,037 | $0 | $0 |