BUFFETT EARLY CHILDHOOD FUND: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: BUFFETT EARLY CHILDHOOD FUND (EIN 20-1768874)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-05-16
IRS object ID: 202211369349101626
Schema version: 2021v4.2
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
General Explanation Attachment
Investments Corp Stock Schedule
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-16T08:44:29-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	476097913	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SEIM JOHNSON LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	18081 BURT STREET SUITE 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	2021-01-01	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 SUITE 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	2022-05-13	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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WENDY R COOLEY	PreparerPersonNm
PTIN	P01523804	PTIN
Phone	4023302660	PhoneNum

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	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,728,090	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	$31,028,410	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$13,357	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$13,357	InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$284,541	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$6,896,301	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$6,895,783	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$81,036	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$31,407,344	TotalRevAndExpnssAmt
Total Net Invst Incm	$6,909,140	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$524,308	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$524,308	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$794,119	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$794,119	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$397,167	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$397,167	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$7,248	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$7,248	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$16,015	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$16,015	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$97,635	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$97,635	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$242,963	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$77,027	TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss	$115,598	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$115,598	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$7,079	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$7,079	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$2,101	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$0	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$2,101	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$238,640	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$238,640	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$2,442,873	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$2,276,937	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$37,315,400	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$37,315,400	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$39,758,273	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$39,592,337	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$8,350,929	ExcessRevenueOverExpensesAmt
Net Investment Income	$6,909,140	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$2,109,797	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$2,579,897	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$2,579,897	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$320,590	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$62,192	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$62,192	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$14,961,005	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$0	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$0	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$168,338	CorporateStockBOYAmt
Corporate Stock EOY	$7,086,001	CorporateStockEOYAmt
Corporate Stock EOYFMV	$7,086,001	CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$20,348	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$20,348	LandBldgEquipAccumDeprecAmt
Total Assets BOY	$17,559,730	TotalAssetsBOYAmt
Total Assets EOY	$9,728,090	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,728,090	TotalAssetsEOYFMVAmt
Accounts Payable EOY	$39	AccountsPayableEOYAmt
Grants Payable BOY	$10,223,611	GrantsPayableBOYAmt
Total Liabilities BOY	$10,223,611	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$39	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$7,336,119	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$9,728,051	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$7,336,119	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$9,728,051	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$17,559,730	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$9,728,090	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,336,119	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$8,350,929	ExcessRevenueOverExpensesAmt
Other Increases	$10,742,861	OtherIncreasesAmt
Subtotal	$9,728,051	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$9,728,051	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 CL B	PropertyDesc
How Acquired	D	HowAcquiredCd
Acquired	2021-06-25	AcquiredDt
Sold	2021-11-23	SoldDt
Gross Sales Price	$6,896,301	GrossSalesPriceAmt
Cost Or Other Basis	$518	CostOrOtherBasisAmt
Gain Or Loss	$6,895,783	GainOrLossAmt
Gains Minus Excess Or Losses	$6,895,783	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$6,895,783	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$96,037	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$96,037	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$96,037	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$25,000	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	$25,000	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Tax Due	$71,037	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	$205,193	$64,747	$0
JESSIE RASMUSSEN
808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	PRESIDENT	40.00	$319,115	$63,030	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
PORTIA KENNEL
808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	SENIOR ADVISOR	40.00	$205,566	$48,392	$0
GLADYS HAYNES
808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	DIRECTOR OF NEBRASKA	40.00	$177,311	$70,514	$0
ERIC BUCHANAN
808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	DIRECTOR OF STRATEGI	40.00	$172,548	$58,524	$0
SUSAN MULLIN
808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	OPERATIONS DIRECTOR	40.00	$153,402	$59,214	$0
EVA ROBERTS
808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	DIRECTOR OF PROGRAM	40.00	$76,898	$27,509	$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	$15,857,130	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$3,517,085	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$19,374,215	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$19,374,215	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$290,613	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$19,083,602	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$954,180	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$954,180	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$96,037	TaxBasedOnInvestmentIncomeAmt
Total Tax	$96,037	TotalTaxAmt
Distributable Before Adj	$858,143	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$81,036	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$939,179	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$939,179	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$39,592,337	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$39,592,337	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$939,179	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr2	$49,136,687	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$34,020,913	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$83,157,600	TotalExcessDistributionCyovAmt
Qualifying Distributions	$39,592,337	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$939,179	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$38,653,158	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$121,810,758	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	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$121,810,758	ExcessDistriCyovToNextYrAmt
Excess From Year2	$49,136,687	ExcessFromYear2Amt
Excess From Year1	$34,020,913	ExcessFromYear1Amt
Excess From Current Year	$38,653,158	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ASSOCIATION OF BLACK FOUNDATION EXECUTIVES
55 EXCHANGE PLACE SUITE 401	NEW YORK	NY	10005	PC	DEI TRAINING PROGRAM SUPPORT	$20,000
ALLIANCE FOR EARLY SUCCESS
PO BOX 6756	SHAWNEE MISSION	KS	66206	PC	STATE BASED EARLY CHILDHOOD EDUCATION SUPPORT	$2,995,686
EDUCARE WEST DUPAGE
851 PEARL ROAD	WEST CHICAGO	IL	60185	PC	QUALITY EARLY CHILDHOOD PROGRAM	$1,010
BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON
1295 BOYLSTON ST STE 320	BOSTON	MA	02215	PC	FAMILY ENGAGEMENT TECH ASSISTANCE	$90,000
BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON
1295 BOYLSTON ST STE 320	BOSTON	MA	02215	PC	ELN PROJECT SUPPORT	$100,000
EDUCARE CALIFORNIA AT SILICON VALLEY
1399 SANTEE DRIVE	SAN JOSE	CA	95122	PC	QUALITY EARLY CHILDHOOD PROGRAM	$1,000
COMIC RELIEF INC
488 MADISON AVENUE 10TH FLOOR	NEW YORK	NY	10022	PC	RED NOSE DAY - SAVE THE CHILDREN MATCHING GRANT	$1,250,000
COUNCIL FOR A STRONG AMERICA
1212 NEW YORK AVE NW STE 300	WASHINGTON	DC	20005	PC	EARLY CHILDHOOD SERVICES IN RURAL COMMUNITIES PROJECT SUPPORT	$100,000
EDUCARE LINCOLN
3435 N 14TH STREET	LINCOLN	NE	68521	PC	QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT	$3,066,377
EDUCARE OF OMAHA INC
3110 W STREET	OMAHA	NE	68107	PC	QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT	$4,956,681
EDUCARE OF WASHINGTON DC
640 ANACOSTIA AVENUE NW	WASHINGTON	DC	20019	PC	QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT	$689,830
FOUNDATIONS INC
701 EAST GATE DR STE 300	MT LAUREL	NJ	08054	PC	CAMPAIGN FOR GRADE-LEVEL READING SUPPORT	$150,000
NAEYC
1401 H STREET STE 600	WASHINGTON	DC	20005	PC	GENERAL COMMUNICATIONS SUPPORT	$50,000
LOCAL INITIATIVES SUPPORT CORP
28 LIBERTY STREET 34TH FLOOR	NEW YORK	NY	10005	PC	SPACE MATTERS RESEARCH PROJECT SUPPORT	$75,000
LINCOLN COMMUNITY FOUNDATION
215 CENTENNIAL MALL S STE 100	LINCOLN	NE	68508	PC	VITAL SIGNS SUPPORT	$5,000
NATIONAL HEAD START ASSOCIATION
1651 PRINCE STREET	ALEXANDRIA	VA	22314	PC	EARLY CHILDHOOD INNOVATION SUMMIT & DATA SUPPORT	$10,000
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	$4,563,530
NEBRASKA CHILDREN & FAMILIES FOUNDATION
215 CENTENNIAL MALL S STE 200	LINCOLN	NE	68508	PC	FIRST FIVE NEBRASKA OPERATING SUPPORT, ROOTED IN RELATIONSHIPS PROGRAM SUPPORT, COMMUNITIES4KIDS SUPPORT	$5,822,382
NEBRASKA EARLY CHILDHOOD COLLABORATIVE
3200 N 30TH STREET STE 200	OMAHA	NE	68111	PC	QUALITY EARLY CHILDHOOD PROJECT SUPPORT	$2,363,389
NEBRASKA EARLY CHILDHOOD COLLABORATIVE
3200 N 30TH STREET STE 200	OMAHA	NE	68111	PC	OPERATING SUPPORT	$4,447,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS INC
23564 CALABASAS ROAD STE 201	CALABASAS	CA	91302	PC	OPPORTUNITIES EXCHANGE PROJECT SUPPORT	$50,000
NEXT DOOR FOUNDATION
2545 N29TH STREET	MILWAUKEE	WI	53210	PC	EDUCARE MILWAUKEE QUALITY EARLY CHILDHOOD PROGRAM SUPPORT	$525,000
PIE FOR PROVIDERS
4813 N SEELELY AVE	CHICAGO	IL	60625	PC	GENERAL OPERATING SUPPORT	$50,000
PARTNERSHIP 4 KIDS
1004 FARNAM STREET STE 200	OMAHA	NE	68102	SO I	BOOK BUDDY PROGRAM SUPPORT	$98,639
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
PO BOX 415649	BOSTON	MA	02241	GOV	CENTER FOR THE DEVELOPING CHILD OPERATING SUPPORT	$1,490,616
PROJECT HARMONY
11949 Q STREET	OMAHA	NE	68137	PC	IMPACT FROM INFANCY PROJECT SUPPORT	$531,091
SAVE THE CHILDREN
501 KINGS HIGHWAY EAST STE 400	FAIRFIELD	CT	06825	PC	FAMILY ENGAGEMENT PROGRAM SUPPORT	$200,000
TEACHERS COLLEGE AT COLUMBIA UNIVERSITY
525 W 120TH STREET BOX 21	NEW YORK	NY	10027	GOV	VISIONING EC POLICY PROJECT SUPPORT	$300,000
TSNEMISSIONWORKS
89 SOUTH ST STE 700	BOSTON	MA	02111	PC	ECFC MEMBERSHIP, BUILD CONFERENSE SPONSORSHIP, AND EEIC PROJECT SUPPORT	$1,602,651
UNITED PLANNING ORGANIZATION
301 RHODE ISLAND AVE NW	WASHINGTON	DC	20001	PC	MLK BREAKFAST BENEFIT SUPPORT	$3,750
UNIVERSITY OF NEBRASKA - LINCOLN
PO BOX 830861	LINCOLN	NE	68538	GOV	EDUCARE LINCOLN EVALUATION & VITA CAMPAIGN	$267,437
UNIVERSITY OF NEBRASKA FOUNDATION
1010 LINCOLN MALL STE 300	LINCOLN	NE	68508	PC	THRIVE EVENT SUPPORT & LEADERSHIP PROGRAM SUPPORT	$80,769
UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL FPG CHILD DEVELOPMENT INST
105 SMITH LEVEL RD BOX 8180	CHAPEL HILL	NC	27599	GOV	FRANK PORTER GRAHAM CHILD DEVELOPMENT CENTER & EDUCARE FAMILY JUSTICE SUPPORT PROJECT	$1,208,562
UNIVERSITY OF CHICAGO
1126 E 59TH STREET	CHICAGO	IL	60637	GOV	EARLY CHILDHOOD EDUCATION RESEARCH AND COMMUNICATIONS PROJECT SUPPORT	$100,000
UNIVERSITY OF OREGON
1227 UNIVERSITY OF OREGON	EUGENE	OR	97403	GOV	RAPID PROJECT SUPPORT	$50,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$37,315,400	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
UNIVERSITY OF TEXAS
110 INNER CAMPUS DRIVE	AUSTIN	TX	78705	GOV	NATIONAL PRENATAL-TO-THREE RESEARCH EXCHANGE FOR POLICY IMPACT PROJECT SUPPORT	$500,000
UNIVERSITY OF NEBRASKA - OMAHA
6001 DODGE STREET	OMAHA	NE	68182	GOV	RESPECT PROJECT SUPPORT	$2,159,125
LINCOLN COMMUNITY FOUNDATION
215 CENTENNIAL MALL S STE 100	LINCOLN	NE	68508	PC	LINCOLN LITTLES PROGRAM SUPPORT	$125,000
NEBRASKA CHILDREN & FAMILIES FOUNDATION
215 CENTENNIAL MALL S STE 200	LINCOLN	NE	68508	PC	ROOTED IN RELATIONSHIPS SUPPORT	$1,314,438
NEXT DOOR FOUNDATION
2545 N29TH STREET	MILWAUKEE	WI	53210	PC	EDUCARE MILWAUKEE QUALITY EARLY CHILDHOOD PROGRAM SUPPORT	$500,000
BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON
1295 BOYLSTON ST STE 320	BOSTON	MA	02215	PC	PARENT AMBASSADOR BREAKTHROUGH PROJECT SUPPORT	$150,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$4,748,563	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,357	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$284,541	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	RETURNED CONTRIBUTIONS	Desc
Related Or Exempt Function Incm	$81,036	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$297,898	ExclusionAmt
Related Or Exempt Function Incm	$81,036	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$378,934	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	11A	LineNumberTxt
Relationship Statement	GRANT FUNDS RETURNED PURSUANT TO TERMS OF GRANT AGREEMENTS	RelationshipStatementTxt

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 (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Noncash ContributionNoncashContributionInd	Person ContributionPersonContributionInd
THE SHERWOOD FOUNDATION
1	808 CONAGRA DRIVE SUITE 200	OMAHA	NE	68102	$30,028,410	Yes (X)
THE REBECCA SUSAN BUFFETT FOUNDATION
2	1016 CHEVY CHASE	BEVERLY HILLS	CA	90210	$1,000,000		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	109,000 SHS OF BERKSHIRE HATHAWAY B STOCK	NoncashPropertyDesc
Fair Market Value	$30,028,410	FairMarketValueAmt
Received	2021-06-25	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$16,015	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$16,015	DisbursementsCharitablePrpsAmt

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 2021, 11 PROPERTY DISTRIBUTION GRANTS WERE MADE TO TEN (10) 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 $17,315,709 AND $17,034,994, RESPECTIVELY. THE DONATED STOCK'S APPRECIATION IN VALUE, $280,714, 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	$7,086,001	EOYBookValueAmt
EOYFMV	$7,086,001	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$7,248	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$7,248	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MISCELLANEOUS	$201,629	$0	$201,629
TELEPHONE	$6,664	$0	$6,664
INSURANCE	$14,143	$0	$14,143
OFFICE SUPPLIES	$8,111	$0	$8,111
POSTAGE	$453	$0	$453
REPAIRS	$6,304	$0	$6,304
BANK CHARGES	$1,336	$0	$1,336

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	RETURNED CONTRIBUTIONS	Desc
Revenue And Expenses Per Books	$81,036	RevenueAndExpensesPerBooksAmt
Adjusted Net Income	$81,036	AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDesc	AmtAmt
CHANGE IN VALUE OF DONATED STOCK	$280,714
UNREALIZED GAIN ON SECURITIES	$532,072
PRIOR PERIOD ADJUSTMENT	$9,930,075

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	OTHER PROFESSIONAL	CategoryTxt
Amt	$97,635	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$97,635	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES	$77,027	$0	$77,027
EXCISE TAXES	$165,936	$0	$0