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BUFFETT EARLY CHILDHOOD FUND: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BUFFETT EARLY CHILDHOOD FUND (EIN 20-1768874)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-11
IRS object ID
202111319349100236
Schema version
2020v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-11T12:42:40-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN476097913PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SEIM JOHNSON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118081 BURT STREET SUITE 200AddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP680224722ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201768874EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BUFFETT EARLY CHILDHOOD FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUFFBusinessNameControlTxt
Phone4023410933PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1808 CONAGRA DRIVE SUITE 200AddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJESSIE RASMUSSENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4023410933PhoneNum
Signature2021-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJESSIEPersonFirstNm
Person LastRASMUSSENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWENDY R COOLEYPreparerPersonNm
PTINP01523804PTIN
Phone4023302660PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$17,559,730FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$30,623,719ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$6,500InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,500InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$2DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,329,254NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$31,233,174GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$31,230,082CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$52,426OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$52,426OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$32,011,901TotalRevAndExpnssAmt
Total Net Invst Incm$31,289,010TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$501,292CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$501,292CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$877,630OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$877,630OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$406,186PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$406,186PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$6,914LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$6,914LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$16,955AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$16,955AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$390,477OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$390,477OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$168,559TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$79,639TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$116,018OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$116,018OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$28,659TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$28,659TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$750PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl$750PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$50,609OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$50,609OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,564,049TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,475,129TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$44,679,535ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$32,388,197ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$47,243,584TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$34,863,326TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$15,231,683ExcessRevenueOverExpensesAmt
Net Investment Income$31,289,010NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$359,370CashBOYAmt
Sav And Temp Cash Invst BOY$1,430,965SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,109,797SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,109,797SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY$409,229PrepaidExpensesBOYAmt
Prepaid Expenses EOY$320,590PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$320,590PrepaidExpensesEOYFMVAmt
US Government Obligations BOY$0USGovernmentObligationsBOYAmt
US Government Obligations EOY$14,961,005USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$14,961,005USGovtObligationsEOYFMVAmt
Corporate Stock BOY$19,983,189CorporateStockBOYAmt
Corporate Stock EOY$168,338CorporateStockEOYAmt
Corporate Stock EOYFMV$168,338CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$20,348LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$20,348LandBldgEquipAccumDeprecAmt
Other Assets BOY$8,131,205OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$30,313,958TotalAssetsBOYAmt
Total Assets EOY$17,559,730TotalAssetsEOYAmt
Total Assets EOYFMV$17,559,730TotalAssetsEOYFMVAmt
Accounts Payable BOY$9,749AccountsPayableBOYAmt
Grants Payable BOY$6,063,479GrantsPayableBOYAmt
Grants Payable EOY$10,223,611GrantsPayableEOYAmt
Total Liabilities BOY$6,073,228TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,223,611TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$24,240,730NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$7,336,119NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$24,240,730TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,336,119TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$30,313,958TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$17,559,730TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$24,240,730TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$15,231,683ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$9,009,047SubtotalAmt
Other Decreases$1,672,928OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$7,336,119TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2019-01-19AcquiredDt
Sold2020-12-31SoldDt
Gross Sales Price$31,233,174GrossSalesPriceAmt
Cost Or Other Basis$3,092CostOrOtherBasisAmt
Gain Or Loss$31,230,082GainOrLossAmt
Gains Minus Excess Or Losses$31,230,082GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$31,230,082CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$434,917InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$434,917SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$434,917TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$293,536EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$293,536TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$141,381TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressWWW.BUFFETTEARLYCHILDHOODFUND.ORGWebsiteAddressTxt
Individual With BooksSUSAN MULLINIndividualWithBooksNm
Phone4023410933PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1808 CONAGRA DRIVE STE 200AddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68102ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnYes (1)SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SUSAN A BUFFETT
808 CONAGRA DRIVE SUITE 200OMAHANE68102DIRECTOR & CHAIR5.00$0$0$0
HELEN RAIKES
808 CONAGRA DRIVE SUITE 200OMAHANE68102DIRECTOR & TREASURER5.00$0$0$0
WALLACE WEITZ
808 CONAGRA DRIVE SUITE 200OMAHANE68102DIRECTOR & SECRETARY5.00$0$0$0
MIKE BURKE
808 CONAGRA DRIVE SUITE 200OMAHANE68102VICE-PRESIDENT40.00$202,111$66,423$0
JESSIE RASMUSSEN
808 CONAGRA DRIVE SUITE 200OMAHANE68102PRESIDENT40.00$299,181$63,282$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
PORTIA KENNEL
808 CONAGRA DRIVE SUITE 200OMAHANE68102SENIOR ADVISOR40.00$222,401$49,674$0
GLADYS HAYNES
808 CONAGRA DRIVE SUITE 200OMAHANE68102DIRECTOR OF NEBRASKA40.00$174,631$67,218$0
ERIC BUCHANAN
808 CONAGRA DRIVE SUITE 200OMAHANE68102DIRECTOR OF STRATEGI40.00$169,947$55,515$0
SUSAN MULLIN
808 CONAGRA DRIVE SUITE 200OMAHANE68102OPERATIONS DIRECTOR40.00$151,118$55,738$0
EVA ROBERTS
808 CONAGRA DRIVE SUITE 200OMAHANE68102DIRECTOR OF PROGRAM40.00$151,418$48,336$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
GMMB
3050 K STREET NW STE 100WASHINGTONDC20007STRATEGIC PLANNING CONSULTING$130,000
NEIMAND COLLABORATIVE
1100 VERMONT AVENUE NW STE 200WASHINGTONDC20005STRATEGIC PLANNING CONSULTING$86,500
EARLY OPPORTUNITIES LLC
5006 50TH PLACE NWWASHINGTONDC20016STRATEGIC PLANNING CONSULTING$75,000
FACTOR3 DIGITAL
4915 PALE MORNING DUN ROADELKRIDGEMD21075STRATEGIC PLANNING CONSULTING$58,190
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$22,813,066AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,122,559AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$25,935,625TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$25,935,625AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$389,034CashDeemedCharitableAmt
Net Vl Noncharitable Assets$25,546,591NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,277,330MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,277,330MinimumInvestmentReturnAmt
Tax Based On Investment Income$434,917TaxBasedOnInvestmentIncomeAmt
Total Tax$434,917TotalTaxAmt
Distributable Before Adj$842,413DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$842,413DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$842,413DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$34,863,326ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$34,863,326QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$34,863,326AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$842,413DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$49,136,687ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$49,136,687TotalExcessDistributionCyovAmt
Qualifying Distributions$34,863,326QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$842,413AppliedToCurrentYearAmt
Remaining Distri From Corpus$34,020,913RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$83,157,600TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$83,157,600ExcessDistriCyovToNextYrAmt
Excess From Year1$49,136,687ExcessFromYear1Amt
Excess From Current Year$34,020,913ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NEO PHILANTHROPY
45 WEST 36TH STREET 6TH FLOORNEW YORKNY10018PCFUNDERS GROUP MEMBERSHIP$15,000
EDUCARE OF WASHINGTON DC
640 ANACOSTIA AVENUE NWWASHINGTONDC20019PCRENOVATION SUPPORT$1,500,000
KANSAS CITY FRIENDS OF ALVIN AILEY
1714 EAST 18TH STREETKANSAS CITYMO64108PCGENERAL SUPPORT$1,750
JUST PARTNERS INC
1425 MARKET BLVD STE 530-322ROSWELLGA30076PCRACE MATTERS INSTITUTE PROJECT SUPPORT$35,000
LEARNING COMMUNITY FOUNDATION OF DOUGLAS & SARPY COUNTIES
1612 N 24TH STREETOMAHANE68110SO IWORKFORCE DEVELOPMENT PROGRAM SUPPORT$16,800
COUNCIL FOR A STRONG AMERICA
1212 NEW YORK AVE NW STE 300WASHINGTONDC20005PCEC SERVICES IN RURAL COMMUNITIES PROJECT SUPPORT$250,000
ALL OUR KIN
414A CHAPEL STREET ST 100NEW HAVENCT06511PCEARLY CHILDHOOD EDUCATION PILOT PROGRAM SUPPORT$261,582
BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM
210 W 7 STREETAUSTINTX78701GOVPN-3 IMPACT CENTER SUPPORT$225,310
BOARD OF REGENTS OF UNIVERSITY OF WISCONSIN SYSTEM - MILWAUKEE
PO BOX 500MILWAUKEEWI53201GOVEDUCARE MILWAUKEE LOCAL EVALUATION SUPPORT$53,310
BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON
1295 BOYLSTON ST STE 320BOSTONMA02215PCFAMILY ENGAGEMENT TECH ASSISTANCE$90,000
BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON
1295 BOYLSTON ST STE 320BOSTONMA02215PCELN PROJECT SUPPORT$327,450
CLAYTON EARLY LEARNING
3801 MARTIN LUTHER KING BLVDDENVERCO80205PCEMBRACE PROJECT SUPPORT$165,875
COLLEGE OF ST MARY
7000 MERCY ROADOMAHANE68106PCCHILDCARE ASSOCIATES PROGRAM SUPPORT$172,000
COMIC RELIEF INC
488 MADISON AVENUE 10TH FLOORNEW YORKNY10022PCRED NOSE DAY - SAVE THE CHILDREN MATCHING GRANT$1,177,400
EDUCARE LINCOLN
3435 N 14TH STREETLINCOLNNE68521PCQUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT$2,567,498
EDUCARE OF OMAHA INC
3110 W STREETOMAHANE68107PCQUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT$4,432,930
EDUCARE WASHINGTON DC
640 ANACOSTIA AVENUE NWWASHINGTONDC20019PCQUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT$1,053,075
ERIKSON INSTITUTE
451 NORTH LASALLE STREETCHICAGOIL606544510PCOPERATING SUPPORT$100,000
ERIKSON INSTITUTE
451 NORTH LASALLE STREETCHICAGOIL606544510PCEARLY CHILDHOOD ONLINE LEARNING PROGRAM SUPPORT$45,602
FOUNDATIONS INC
701 EAST GATE DR STE 300MT LAURELNJ08054PCCAMPAIGN FOR GRADE-LEVEL READING SUPPORT$150,000
HEALTH FEDERATION OF PHILADEPHIA
1211 CHESTNUT STREET STE 801PHILADELPHIAPA19107PCHOMEGROWN PROJECT SUPPORT$66,500
KENNEBEC VALLEY COMMUNITY ACTION PROGRAM
97 WATER STREETWATERVILLEME04901PCELN PARENT AMBASSADORS PROJECT SUPPORT$368,240
KINDLING GROUP
4201 N BROADWAY STCHICAGOIL60603PCNO SMALL MATTER PROJECT SUPPORT$125,000
LINCOLN COMMUNITY FOUNDATION
215 CENTENNIAL MALL S STE 100LINCOLNNE68508PCLINCOLN LITTLES PROGRAM SUPPORT$125,000
NATIONAL HEAD START ASSOCIATION
1651 PRINCE STREETALEXANDRIAVA22314PCEARLY CHILDHOOD INNOVATION SUMMIT$5,000
NCSL FOUNDATION FOR STATE LEGISLATURES
7700 E 1ST PLDENVERCO80230PCLEGISLATIVE EC FELLOWS PROGRAM SUPPORT$100,000
NEBRASKA CHILDREN & FAMILIES FOUNDATION
215 CENTENNIAL MALL S STE 200LINCOLNNE68508PCFIRST FIVE NEBRASKA OPERATING SUPPORT, ROOTED IN RELATIONSHIPS PROGRAM SUPPORT, COMMUNITIES4KIDS SUPPORT AND ANNUAL LUNCHEON SUPPORT$3,371,659
NEBRASKA EARLY CHILDHOOD COLLABORATIVE
3200 N 30TH STREET STE 200OMAHANE68111PCEMERGENCY COVID RELIEF$250,000
NEBRASKA EARLY CHILDHOOD COLLABORATIVE
3200 N 30TH STREET STE 200OMAHANE68111PCOPERATING SUPPORT$5,924,393
NEXT DOOR FOUNDATION
2545 N29TH STREETMILWAUKEEWI53210PCEDUCARE MILWAUKEE QUALITY EARLY CHILDHOOD PROGRAM SUPPORT$564,943
OUNCE OF PREVENTION FUND
33 W MONROE STREET STE 2400CHICAGOIL60603PCEDUCARE LEARNING NETWORK (ELN); FIRST FIVE YEARS FUND SUPPORT; ANNUAL LUNCHEON SUPPORT$3,789,250
PARTNERSHIP 4 KIDS
1004 FARNAM STREET STE 200OMAHANE68102SO IBOOK BUDDY PROGRAM SUPPORT$70,000
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
PO BOX 415649BOSTONMA02241GOVCENTER FOR THE DEVELOPING CHILD OPERATING SUPPORT$1,510,834
PROJECT HARMONY
11949 Q STREETOMAHANE68137PCIMPACT FROM INFANCY PROJECT SUPPORT$503,900
SOUTHWEST HUMAN DEVELOPMENT
2850 N 24TH STREETPHOENIXAZ85008PCELN QUALITY TEACHING INITIATIVE SUPPORT AND EGC BREAKTHROUGH PROJECT SUPPORT$1,037,331
TEACHERS COLLEGE AT COLUMBIA UNIVERSITY
525 W 120TH STREET BOX 21NEW YORKNY10027PCVISIONING EC POLICY PROJECT SUPPORT$250,000
TSNEMISSIONWORKS
89 SOUTH ST STE 700BOSTONMA02111PCECFC MEMBERSHIP$50,000
UNITED PLANNING ORGANIZATION
301 RHODE ISLAND AVE NWWASHINGTONDC20001PCMLK BREAKFAST BENEFIT SUPPORT$2,500
UNIVERSITY OF MIAMI OFFICE OF RESEARCH ADMINISTRATION
PO BOX 405803ATLANTAGA30384GOVEARLY CHILDHOOD EDUCATION$368,884
UNIVERSITY OF NEBRASKA FOUNDATION
1010 LINCOLN MALL STE 300LINCOLNNE68508PCTHRIVE EVENT SUPPORT & LEADERSHIP PROGRAM SUPPORT$114,966
UNIVERSITY OF NEBRASKA MED CTR MONROE MEYER INSTITUTE
600 SOUTH 42ND STREETOMAHANE68198GOVOMAHA EARLY LEARNING CENTER AND EARLY CHILDHOOD SERVICES EVALUATION; MINDFULNESS & MASTERY SUPPORT$649,865
UNIVERSITY OF NEBRASKA MEDICAL CENTER - COLLEGE OF PUBLIC HEALTH
987835 NEBRASKA MEDICAL CENTEROMAHANE68198GOVEDUCARE OMAHA EVALUATION$180,041
UNIVERSITY OF NEBRASKA - LINCOLN
PO BOX 830861LINCOLNNE68583GOVEDUCARE LINCOLN EVALUATION$119,309
UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL FPG CHILD DEVELOPMENT INST
105 SMITH LEVEL RD BOX 8180CHAPEL HILLNC27599GOVFRANK PORTER GRAHAM CHILD DEVELOPMENT CENTER$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$32,388,197TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
TEACHERS COLLEGE AT COLUMBIA UNIVERSITY
525 WEST 120TH STREET BOX 21NEW YORKNY10027PCEARLY CHILDHOOD PROGRAM SUPPORTEARLY CHILDHOOD PROGRAM SUPPORT$250,000
EDUCARE LINCOLN
3435 N 14TH STREETLINCOLNNE68521PCQUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT$436,376
EDUCARE OF OMAHA INC
3110 W STREETOMAHANE68107PCQUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT$3,397,500
UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL - FPG CHILD DEVELOPMENT INST
CB 8180 105 SMITH LEVEL RDCHAPEL HILLNC27599GOVEARLY CHILDHOOD PROGRAM OPERATING SUPPORT$50,000
OUNCE OF PREVENTION FUND
33 W MONROE STREET STE 2400CHICAGOIL60603PCEDUCARE LEARNING NETWORK AND FIRST FIVE YEARS FUND SUPPORT$493,250
NEBRASKA CHILDREN & FAMILIES FOUNDATION
215 CENTENNIAL MALL S STE 200LINCOLNNE68508PCROOTED IN RELATIONSHIPS SUPPORT$831,746
NEBRASKA EARLY CHILDHOOD COLLABORATIVE
3200 N 30TH STREET STE 200OMAHANE68111PCALL OUR KIN PROGRAM SUPPORT$4,510,543
PROJECT HARMONY
11949 Q STREETOMAHANE68137PCIMPACT FROM INFANCY SUPPORT$5,808
UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL FPG CHILD DEVELOPMENT INST
CB 8180 105 SMITH LEVEL RDCHAPEL HILLNC27599GOVEDUCARE LEARNING NETWORK EVALUATION SUPPORT$248,388
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$10,223,611TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,500ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,329,254ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescPROG REL INV: NOTES REC INT INCDesc
Exclusion14ExclusionCd
Exclusion$52,426ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$1,388,182ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,388,182TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SHERWOOD FOUNDATIONBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1808 CONAGRA DRIVE SUITE 200AddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP68102ZIPCd
FieldValueIRS element (for citing)
Total Contributions$30,623,719TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
168,900 SHARES OF BERKSHIRE HATHAWAY CLASS B STOCK$15,023,6452020-02-26
176,950 SHARES OF BERKSHIRE HATHAWAY CLASS B STOCK$15,600,0742020-03-11

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$16,955Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$16,955DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierPROPERTY DISTRIBUTIONS VALUED AT FAIR MARKET VALUEIdentifierTxt
Form And Line ReferenceFORM 990, PART III, LINE 3FormAndLineReferenceDesc
Medium ExplanationDURING 2020, 16 PROPERTY DISTRIBUTION GRANTS WERE MADE TO NINE (9) 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 $18,857,781 AND $19,209,259, RESPECTIVELY. THE DONATED STOCK'S DEPRECIATION IN VALUE, $351,472, IS REPORTED ON FORM 990-PF, PART III, LINE 3.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockBERKSHIRE HATHAWAY - CLASS BStockNm
EOY Book Value$168,338EOYBookValueAmt
EOYFMV$168,338EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$14,961,005USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$14,961,005USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$6,914LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$6,914DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
STONEHENGE NEBRASKA NMTC INVESTMENT FUND II, LLC$4,025,000$0$0
USBCDC INVESTMENT FUND 102, LLC$4,106,205$0$0

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
CHANGE IN VALUE OF DONATED STOCK$351,472
UNREALIZED LOSS ON SECURITIES$1,321,456

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MISCELLANEOUS$18,600$0$18,600
TELEPHONE$7,648$0$7,648
INSURANCE$9,383$0$9,383
OFFICE SUPPLIES$14,573$0$14,573
POSTAGE$133$0$133
INTERNET$16$0$16
REPAIRS$256$0$256

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescPROG REL INV: NOTES REC INT INCDesc
Revenue And Expenses Per Books$52,426RevenueAndExpensesPerBooksAmt
Net Investment Income$52,426NetInvestmentIncomeAmt
Adjusted Net Income$52,426AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryOTHER PROFESSIONALCategoryTxt
Amt$390,477Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$390,477DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES$79,639$0$79,639
EXCISE TAXES$88,920$0$0