Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
HOWARD G BUFFETT FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)145 N MERCHANT ST   Room/suite
City or town, state, and ZIP code
DECATUR, IL62523
A Employer identification number

47-0824756
B Telephone number (see page 10 of the instructions)

(217) 423-9286
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$221,968,296J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 51,808,325
2 Check bullet
3 Interest on savings and temporary cash investments 1,680 1,680 1,680
4 Dividends and interest from securities...... 5,363 5,363 5,363
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 81,235
b Gross sales price for all assets on line 6a 69,699,153
7 Capital gain net income (from Part IV, line 2)... 81,235
8 Net short-term capital gain......... 237,768
9 Income modifications........... 319,680
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 284,500 284,500  
12 Total. Add lines 1 through 11........ 52,181,103 372,778 564,491
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 131,491     131,491
14 Other employee salaries and wages...... 995,116     995,116
15 Pension plans, employee benefits....... 185,756     185,756
16a Legal fees (attach schedule)......... Click to see attachment 146,477     146,477
b Accounting fees (attach schedule)....... Click to see attachment 22,500     22,500
c Other professional fees (attach schedule).... Click to see attachment 59,440     59,440
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 135,534     131,806
19 Depreciation (attach schedule) and depletion... Click to see attachment 913,153    
20 Occupancy.............. 302,585     302,585
21 Travel, conferences, and meetings....... 291,326     291,326
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 5,478,506     5,478,506
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,661,884 0   7,745,003
25 Contributions, gifts, grants paid........ 39,859,368 39,859,368
26 Total expenses and disbursements. Add lines 24 and 25 48,521,252 0   47,604,371
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,659,851
b Net investment income (if negative, enter -0-) 372,778
c Adjusted net income (if negative, enter -0-)... 564,491
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 27,565 340,651 340,651
2 Savings and temporary cash investments.......... 15,449,777 22,035,368 22,035,368
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 116,966,787 Click to see attachment99,199,692 166,054,005
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 25 Click to see attachment25 25
14 Land, buildings, and equipment: basis bullet34,075,705
Less: accumulated depreciation (attach schedule) bullet1,964,082 17,468,314 Click to see attachment32,111,623 33,500,000
15 Other assets (describe bullet) Click to see attachment-3 Click to see attachment38,247 Click to see attachment38,247
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 149,912,465 153,725,606 221,968,296
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment167,338 Click to see attachment948
23 Total liabilities (add lines 17 through 22).......... 167,338 948
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 149,745,127 153,724,658
30 Total net assets or fund balances (see page 17 of the
instructions).................... 149,745,127 153,724,658
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 149,912,465 153,725,606
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 149,745,127
2 Enter amount from Part I, line 27a..................... 2 3,659,851
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 319,680
4 Add lines 1, 2, and 3.......................... 4 153,724,658
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 153,724,658
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 81,235
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 237,768
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 91,564,646 233,741,230 0.39174
2009 45,814,580 194,026,687 0.23613
2008 47,288,550 240,344,878 0.19675
2007 60,020,213 218,896,993 0.27419
2006 24,378,225 156,203,074 0.15607
2 Total of line 1, column (d) ...................... 2 1.25488
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.25098
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 211,027,353
5 Multiply line 4 by line 3....................... 5 52,962,590
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,728
7 Add lines 5 and 6......................... 7 52,966,318
8 Enter qualifying distributions from Part XII, line 4.............. 8 54,981,405
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,728
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 3,728
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,728
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 41,975
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,975
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 38,247
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet3,728 Refunded Bullet 11 34,519
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNE, IL
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.thehowardgbuffettfoundation.org
    14
    The books are in care ofbulletTREASURER Telephone no.bullet (217) 423-9286
    Located atbullet145 N MERCHANT STDECATURIL ZIP+4bullet62523
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
    Yes
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bulletSF
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    CHELSEA M ZILLMER DIRECTOR
    2.00     		0    
    3501 MAMMOTH TRAIL
    MADISON,WI53719
    ERIN M MORGAN DIRECTOR
    2.00     		0    
    503 HO-CHUNK PLAZA
    WINNEBAGO,NE68071
    NICOLETTE DE BRUYN DIRECTOR
    2.00     		0    
    10 LIBERTY ST
    NELSPRUIT SF    
    SF
    MICHAEL D WALTER DIRECTOR
    2.00     		0    
    9905 BROADMOOR RD
    OMAHA,NE68114
    TRISHA A COOK TREAS, DIR
    40.00     		131,491 10,106  
    1315 COUNTRY LANE
    MT ZION,IL62549
    DEVON G BUFFETT EXVP, SEC, DIR
    20.00     		0 11,240  
    407 SOUTHMORELAND PLACE
    DECATUR,IL62521
    HOWARD G BUFFETT PRES, DIRECTOR
    40.00     		0 14,621  
    407 SOUTHMORELAND PLACE
    DECATUR,IL62521
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    J DOUGLAS OLLER SR PROJ MGR
    40.00     		147,612 16,050  
    RR 3 BOX 270
    PANA,IL62557
    LAURA SHUSTER OPER MGR
    40.00     		75,600 10,490  
    219 N MACON ST
    MOWEAGUA,IL62550
    MARLA LEAF EXT AFFAIRS
    40.00     		82,263 11,488  
    760 S WHITETAIL CIRCLE
    MT ZION,IL62549
    DANIEL SHEEHAN CROP RESEARCH
    40.00     		120,091 9,936  
    1365 1500TH ST
    LINCOLN,NE68516
    MEGAN QUITKIN SR VP
    40.00     		155,250 7,805  
    2 FIFTH AVENUE
    NEW YORK,NY10011
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    BARNES & THORNBURG ATTORNEY 146,243
    1 N WACKER DR
    CHICAGO,IL60606
    TIMOTHY J LASALLE CONSULTING 81,000
    22 S GLENWOOD ST
    ALLENTOWN,PA18104
    MOSES MAPESA CONSULTING 84,667
    PO BOX 3530
    KAMPALA    
    UG
    GAB ELECT HTG & COOLING CONTRACTOR 94,734
    210 NORTH OAK
    ASSUMPTION,IL62510
    GLOBAL PHILANTHROPY GROUP LLC CONSULTING 290,000
    1500 4TH AVE SUITE 600
    SEATTLE,WA98101
    Total number of others receiving over $50,000 for professional services.............bullet2
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE FOUNDATION HAS CONTRACTED WITH SOUTHERN ILLINOIS UNIVERSITY TO EXPERIMENT WITH IMPROVED FARMING TECHNIQUES, INCLUDING NO TILL AND STRIP-TILL; TO ANALYZE SOIL HEALTH AND PRODUCTIVITY UNDER VARYING CIRCUMSTANCES, INCLUDING DIFFERENT FERTILIZER AND SEEDING RATES; AND TO DEVELOP VARIOUS USES OF COVER CROPS TO REDUCE THE DEPENDENCY ON SYNTHETIC FERTILIZERS WHICH CAN BE USED IN DEVELOPING COUNTRIES TO BENEFIT SMALL-SCALE AND SUSISTENT FARMERS. 15,555,304
    2 PROGRAM EXPENSES TO DEVELOP AND ENHANCE AGRICULTURAL RESEARCH, AND DEVELOPMENT OF ADVOCACY STRATEGY IN SUPPORT OF WATER, SANITATION AND HYGIENE. 1,483,158
    3 PROGRAM EXPENSES TO SUPPORT EDUCATIONAL CAMPAIGN "HARVESTING THE POTENTIAL" REGARDING NO-TILL CONSERVATION FARMING. 2,424,968
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    205,517,337
    b
    Average of monthly cash balances.......................
    1b
    486,019
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    8,237,612
    d
    Total (add lines 1a, b, and c).........................
    1d
    214,240,968
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    214,240,968
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    3,213,615
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    211,027,353
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,551,368
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    10,551,368
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    3,728
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,728
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,547,640
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    319,680
    5
    Add lines 3 and 4............................
    5
    10,867,320
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    10,867,320
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    47,604,371
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    7,377,034
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    54,981,405
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    3,728
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    54,977,677
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 10,867,320
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 16,577,349
    b From 2007....... 49,084,953
    c From 2008....... 35,279,458
    d From 2009....... 35,199,912
    e From 2010....... 78,751,361
    fTotal of lines 3a through e......... 214,893,033
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 54,981,405
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 10,867,320
    e Remaining amount distributed out of corpus 44,114,085
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 259,007,118
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		16,577,349
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		242,429,769
    10 Analysis of line 9:
    a Excess from 2007.... 49,084,953
    b Excess from 2008.... 35,279,458
    c Excess from 2009.... 35,199,912
    d Excess from 2010.... 78,751,361
    e Excess from 2011.... 44,114,085
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SOUTH SHORES SCHOOL
    101 CERRO GORDO ST
    DECATUR,IL62523     		NONE GOVT UNIT THANKSGIVING DINNER 500
    NICHOLAS INSTITUTE FOR ENVIRONMENTA
    PO BOX 90335 DUKE UNIVERSITY
    DURHAM,NC27708     		NONE PUBLIC GENERAL SUPPORT 20,000
    COLUMBIA UNIVERSITY
    116TH BROADWAY
    NEW YORK,NY10027     		NONE GOVT UNIT GLOBAL LEADERSHIP AWARDS DINNER 25,000
    NEW VENTURE FUND
    734 15TH ST NW STE 600
    WASHINGTON,DC20005     		NONE PUBLIC WASH ADVOCACY INITIATIVE 150,000
    INTERNATIONAL INSTITUTE FOR ENVIRON
    MAIN STREET
    LONDON,LONDONNW1
    OC     		NONE PUBLIC GLOBAL WATER INITIATIVE - WEST AFRICA 2,071,701
    CARE USA
    151 ELLIS ST NE
    ATLANTA,GA30303     		NONE PUBLIC GLOBAL WATER INITIATIVE - EAST AFRICA 2,705,601
    NORMAN BORLAUG FOUNDATION
    113 JKW ADMIN BLDG 2142 TAMU
    COLLEGE STATION,TX77843     		NONE GOVT UNIT CONFLICT AND DEVELOPMENT MEDIA FELLOWSHIPS 500,000
    MEDIA DEVELOPMENT LOAN FUND
    37 WEST 20TH ST STE 801
    NEW YORK,NY10011     		NONE PUBLIC FUNDACIO`N NUEVO PERIODISMO - COLUMBIA 60,000
    INTERNATIONAL WOMENS MEDIA FOUNDATI
    1625 K ST NW STE 1275
    WASHINGTON,DC20006     		NONE PUBLIC SUPPORT FOR JOURNALISM SAHRAWI REFUGEE CAMP 101,069
    FOUNDATION FOR INTERNATIONAL ARTS E
    4630 MONTGOMERY AVE 210
    BETHESDA,MD20814     		NONE PUBLIC PHOTOGRAPHY EXHIBITION IN RUSSIA 25,000
    COLUMBIA UNIVERSITY
    116TH BROADWAY
    NEW YORK,NY10027     		NONE GOVT UNIT FELLOWSHIP FUND AT SIPA 250,000
    AFTERMATH PROJECT INC
    4900 GLENALBYN DR
    LOS ANGELES,CA90065     		NONE PUBLIC SAHARAWI PHOTOJOURNALISM PROJECT - ALGERIA 71,500
    WORLD VISION
    PO BOX 9716
    FEDERAL WAY,WA98063     		NONE PUBLIC CHILD SPONSORSHIP 624
    THE PHILANTHROPY WORKSHOP WEST
    ONE LETTERMAN DR BUILDING D
    SAN FRANCISCO,CA94129     		NONE PUBLIC LIBERIA WORKFORCE DEVELOPMENT TRAINING 5,000
    FRIENDS OF LAGUNA HOME
    MAIN STREET
    DOLNI BREZANY,DOLNI BREZANY252 41
    EZ     		NONE FOREIGN GENERAL SUPPORT 37,024
    WASHINGTON COUNTY SHERIFF DEPT FOUN
    1535 COLFAX ST
    BLAIR,NE68008     		NONE GOVT UNIT K-9 UNIT 78,806
    DECATUR PUBLIC SCHOOLS FOUNDATION
    101 W CERRO GORDO
    DECATUR,IL62523     		NONE PUBLIC SUPPLEMENT SUPPORT TEACHER (SOUTH SHORES SCHOOL) 10,000
    SHELBY COUNTY SHERIFF'S DEPARTMENT
    151 N MORGAN ST
    SHELBYVILLE,IL62565     		NONE GOVT UNIT EQUIPMENT 52,529
    SHELBY COUNTY FARM BUREAU FOUNDATIO
    RR 128
    SHELBYVILLE,IL62565     		NONE PUBLIC SCHOLARSHIP FUNDS 2,000
    SHELBY COUNTY DIVE TEAM
    301 E MAIN ST PO BOX 326
    SHELBYVILLE,IL62565     		NONE GOVT UNIT EMERGENCY RESCUE VEHICLE 50,694
    SALVATION ARMY
    1447 W KING ST
    DECATUR,IL62522     		NONE PUBLIC SIGNAGE FOR HOMELESS SHELTER 1,581
    PROJECT HARMONY
    11949 Q ST
    OMAHA,NE68117     		NONE PUBLIC GENERAL SUPPORT 20,000
    PAWS AND STRIPES
    4041 BARBARA LOOP SE STE D
    RIO RANCHO,NM87174     		NONE PUBLIC GENERAL SUPPORT 88,000
    PANA FIRE PROTECTION DISTRICT
    400 E FIRST ST
    PANA,IL62557     		NONE GOVT UNIT PURCHASE OF TWO EMERGENCY SUPPORT VEHICLES 317,188
    MOWEAQUA FIRE PROTECTION DISTRICT
    120 W WALL ST
    MOWEAQUA,IL62550     		NONE GOVT UNIT PURCHASE OF EQUIP FOR COMMUNITY WARMING/COOLING CTR 17,000
    MACON COUNTY PROBATION
    141 S MAIN ST
    DECATUR,IL62523     		NONE GOVT UNIT PURCHASE OF COMPUTER EQUIPMENT 33,340
    MACON COUNTY ANIMAL SHELTER FOUNDAT
    2820 EAST PARKWAY DR
    DECATUR,IL62526     		NONE PUBLIC GENERAL SUPPORT 20,000
    LUKE'S WINGS INC
    20 RITCHFIELD CT
    ROCKVILLE,MD20850     		NONE PUBLIC SUPPORT FOR MILITARY FAMILIES 100,000
    DECATUR PUBLIC SCHOOLS FOUNDATION
    101 CERRO GORDO ST
    DECATUR,IL62523     		NONE PUBLIC HARRIS SCHOOL THANKSGIVING DINNER 8,400
    DECATUR FAMILY REFUGE INC
    543 N WATER ST
    DECATUR,IL62523     		NONE PUBLIC OPERATIONAL SUPPORT 67,000
    CITY OF ASSUMPTION
    229 N CHESTNUT ST
    ASSUMPTION,IL62510     		NONE GOVT UNIT EMERGENCY CENTER GENERATOR 14,000
    CHRISTIAN COUNTY SHERIFF'S DEPARTME
    301 WEST FRANKLIN ST
    TAYLORVILLE,IL62568     		NONE GOVT UNIT PURCHASE TWO VEHICLES 52,560
    BOWDOIN COLLEGE
    5700 COLLEGE STATION
    BRUNSWICK,ME04011     		NONE PUBLIC GENERAL SUPPORT 20,000
    ALL OUR KIDS
    1004 FARNAM ST STE 200
    OMAHA,NE68102     		NONE PUBLIC SCHOLARSHIP AWARD 100,000
    SUDAN SUNRISE
    8643 HAUSER ST
    LENEXA,KS66215     		NONE PUBLIC REFERENDUM OBSERVERS & VOTER TRANS - SUDAN 57,537
    FUNDACION PIES DESCALZOS
    MAIN STREET
    BOGATA,BOGATA00001
    CO     		NONE FOREIGN PIES DESCALZOS SCHOOL/CARTAGENA, COLOMBIA 2,000,000
    CATHOLIC RELIEF SERVICES
    228 W LEXINGTON ST
    BALTIMORE,MD21201     		NONE PUBLIC MAS MANOS UNIDAS/MIGRANT LABOR SUPPORT SYSTEMS 1,021,946
    CENTER FOR RURAL AFFAIRS
    145 MAIN ST
    LYONS,NE68038     		NONE PUBLIC HISPANIC BUSINESS CENTER - US 250,000
    ARIZONA STATE UNIVERSITY FOUNDATION
    300 E UNIVERSITY DRIVE
    TEMPE,AZ85281     		NONE GOVT UNIT ECONOMIC COMPARISON OF INCOME OF MIGRANT WORKERS UNDER VISA 104,330
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHER BLVD
    BRONX,NY10460     		NONE PUBLIC NAT'L CHEETAH STRATEGY MEETING - NIGERIA 10,200
    COUGAR FUND
    610 WEST BROADWAY
    JACKSON,WY83001     		NONE PUBLIC GENERAL SUPPORT 10,000
    ALDO LEOPOLD NATURE CENTER
    330 FEMRITE DR
    MONONA,WI53716     		NONE PUBLIC CLIMATE CHANGE EDUCATION 20,000
    WORLD FOOD PRIZE FOUNDATION
    666 GRAND AVENUE
    DES MOINES,IA50309     		NONE PUBLIC HALL OF LAUREATES - EDUCATION WING 1,000,000
    WAGENINGEN UNIVERSITY
    MAIN STREET
    WAGENINGEN,WAGENINGEN6700
    NL     		NONE GOVT UNIT IMPROVE NITROGEN FIXATION/AFRICA 1,055,595
    UN WORLD FOOD PROGRAMME
    VIA CG VIOLA 68
    ROME,ROME00173
    IT     		NONE FOREIGN PURCHASE FOR PROGRESS - HONDURAS 2,489,553
    UN WORLD FOOD PROGRAMME
    VIA CG VIOLA 68
    ROME,ROME00173
    IT     		NONE FOREIGN PURCHASE FOR PROGRESS - CENT AMERICA 3,768,334
    TILLERS INTERNATIONAL
    10515 E OP AVENUE
    SCOTTS,MI49088     		NONE PUBLIC MATCHING CRIMPER & NO TILL PLANTERS TO OX POWER 4,050
    NORMAN BORLAUG FOUNDATION
    113 JKW ADMIN BLDG 2142 TAMU
    COLLEGE STATION,TX77843     		NONE PUBLIC AG DEV PROGRAM IN KURDISTAN, IRAQ - POST CONFLICT RECOV 25,000
    NORMAN BORLAUG FOUNDATION
    113 JKW ADMIN BLDG 2142 TAMU
    COLLEGE STATION,TX77843     		NONE PUBLIC FARM MGMT PLAN OF UKULIMA FARM - S AFRICA 52,500
    NORMAN BORLAUG FOUNDATION
    113 JKW ADMIN BLDG 2142 TAMU
    COLLEGE STATION,TX77843     		NONE PUBLIC CENTER PIVOT IRRIGATION - AFGHANISTAN 180,299
    NORMAN BORLAUG FOUNDATION
    113 JKW ADMIN BLDG 2142 TAMU
    COLLEGE STATION,TX77843     		NONE PUBLIC ANALYSIS P4P PROGRAM - SIERRA LEONE, LIBERIA, S SUDAN 199,259
    NORMAN BORLAUG FOUNDATION
    113 JKW ADMIN BLDG 2142 TAMU
    COLLEGE STATION,TX77843     		NONE PUBLIC WOMENS ASSOC FOOD PROCESSING - AFGANISTAN 523,005
    SOUTHERN ILLINOIS UNIVERSITY
    1400 DOUGLAS DR MC 6801
    CARBONDALE,IL62901     		NONE GOVT UNIT FATE & EFFECTS OF PESTICIDE FORMULATION 54,008
    SOUTHERN ILLINOIS UNIVERSITY
    1400 DOUGLAS DR MC 6801
    CARBONDALE,IL62901     		NONE GOVT UNIT FIELD-SCALE AND WATERSHED-SCALE RESEARCH 1,377,119
    PENNSYLVANIA STATE UNIVERSITY
    227 W BEAVER AVE STE 401
    STATE COLLEGE,PA16801     		NONE GOVT UNIT DEV OF CROP VAR AND SYS EAST/S AFRICA 258,085
    PARTNERS FOR SEED IN AFRICA
    MAIN ST
    NAIROBI,NAIROBI00100
    SF     		NONE PUBLIC SEED SYSTEM TO IMPROVE FOOD SECURITY - SUDAN 1,759,118
    ONE CAMPAIGN
    1400 EYE ST NW STE 600
    WASHINGTON,DC20005     		NONE PUBLIC AGRICULTURE - AFRICA 1,050,000
    OAKLAND INSTITUTE
    4624 KAPHAN AVE
    OAKLAND,CA94619     		NONE PUBLIC UNDERSTANDING LAND INVESTMENT - AFRICA 223,294
    NEW VENTURE FUND
    734 15TH ST NW STE 600
    WASHINGTON,DC20005     		NONE PUBLIC GENERAL SUPPORT - EASTERN CONGO INITIATIVE 100,000
    NATURE CONSERVATION TRUST
    PO BOX 9
    ALMA,ALMA0512
    SF     		NONE PRIV OPER AGRICULTURE RESEARCH SOUTH AFRICA 625,000
    NATURE CONSERVATION TRUST
    PO BOX 9
    ALMA,ALMA0512
    SF     		NONE PRIV OPER AGRICULTURE RESEARCH SOUTH AFRICA 590,000
    MICHIGAN STATE UNIVERSITY
    840 SERVICE ROAD
    EAST LANSING,MI48825     		NONE GOVT UNIT SOIL HEALTH STRATEGY FOR RURAL DEV - AFRICA 525,033
    FUTURE FARMERS OF AMERICA
    6060 FFA DR PO BOX 68960
    INDIANAPOLIS,IN46268     		NONE PUBLIC INTL AG EXCHANGE 76,921
    FEEDING AMERICA
    35 E WACKER DR STE 2000
    CHICAGO,IL60601     		NONE PUBLIC GENERAL SUPPORT - US 125,000
    FEEDING AMERICA
    35 E WACKER DR STE 2000
    CHICAGO,IL60601     		NONE PUBLIC NUTRITION SUPPORT - US 30,000
    FARM SAFETY FOR KIDS
    11304 AURORA AVE
    URBANDALE,IA50322     		NONE PUBLIC GENERAL SUPPORT 50,000
    FARM JOURNAL FOUNDATION
    ONE PENN SQUARE WEST
    PHILADELPHIA,PA19102     		NONE PUBLIC FARM JOURNAL FORUM SPONSORSHIP 95,275
    FARM JOURNAL FOUNDATION
    ONE PENN SQUARE WEST
    PHILADELPHIA,PA19102     		NONE PUBLIC US/AFGHANISTAN DOCUMENTARY FILMS 200,000
    ECHO
    17391 DURRANCE RD
    N FORT MYERS,FL33917     		NONE PUBLIC INCREASE SOIL ECOLOGY & CROP YIELDS - AFRICA 1,820,820
    CIMMYT
    45 CARRETERA
    EL BATAN TEXCOCO,EL BATAN TEXCOCO56070
    MX     		NONE PUBLIC PRODUCTION OF BASIC SEED MAIZE-AFRICA 34,860
    CATHOLIC RELIEF SERVICES
    228 W LEXINGTON
    BALTIMORE,MD21201     		NONE PUBLIC GLOBAL WATER INITIATIVE - CENTRAL AMERICA 4,527,874
    CATHOLIC RELIEF SERVICES
    228 W LEXINGTON ST
    BALTIMORE,MD21201     		NONE PUBLIC CONSERVATION AG - REPUBLIC OF CONGO 603,639
    CATHOLIC RELIEF SERVICES
    228 W LEXINGTON ST
    BALTIMORE,MD21201     		NONE PUBLIC AG FOR BASIC NEEDS - CENTRAL AMERICA 4,790,854
    CATHOLIC CHARITIES
    247 W PRAIRIE AVE
    DECATUR,IL62523     		NONE PUBLIC COMMUNITY FOOD DRIVE 94,743
    AFRICAN AGRICULTURAL TECHNOLOGY
    PO BOX 30709
    NAIROBI,NAIROBI00100
    KE     		NONE PUBLIC WATER EFFICIENT MAIZE FOR AFRICA 1,000,000
    Total .................................bullet 3a 39,859,368
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aFARM CASH RENT     16 284,500  
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 1,680  
    4 Dividends and interest from securities....     14 5,363  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 81,235  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   372,778  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13372,778
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID: 11000144
    Software Version: 2011v1.2


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    HOWARD G BUFFETT FOUNDATION
     
    Employer identification number

    47-0824756
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    HOWARD G BUFFETT FOUNDATION
          		Employer identification number

    47-0824756
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    WARREN BUFFETT    
    1440 KIEWIT PLAZA
       
    OMAHA, NE   68131

    		$51,808,325




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    HOWARD G BUFFETT FOUNDATION
          		Employer identification number

    47-0824756
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    1
    		 700,892 SH BERKSHIRE CL B   $51,808,325 2011-07-06
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    HOWARD G BUFFETT FOUNDATION
          		Employer identification number

    47-0824756
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID: 11000144
    Software Version: 2011v1.2

    TY 2011 AccountingFeesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SANDRA J WARE CPA 22,500 0 0 22,500

    TY 2011 ContractorCompensationExpln
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Contractor Explanation
    GLOBAL PHILANTHROPY GROUP LLC  
    GAB ELECT HTG & COOLING  
    BARNES & THORNBURG  
    TIMOTHY J LASALLE  
    MOSES MAPESA  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2011 DepreciationSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    EQUIPMENT 2011-06-01 187,545   58 7.14 % 13,391      
    11' JEEP CHEROKEE LAREDO 2011-11-21 34,593   54 10.00 % 3,459      
    11' FORD F-250 2011-11-10 37,184   54 10.00 % 3,718      
    11' CHEVY TAHOE 2011-11-10 50,232   54 10.00 % 5,023      
    FORD TRUCK 2011-11-07 50,025   54 10.00 % 5,003      
    FORD TRUCK 2011-08-12 54,583   54 10.00 % 5,458      
    TRAILER 2011-05-18 12,096   54 10.00 % 1,210      
    FORD TRUCK 2011-04-18 37,529   54 10.00 % 3,753      
    FORD TRUCK 2011-01-06 46,889   54 10.00 % 4,689      
    FARM EQUIPMENT - 7 YR 2011-06-01 1,306,473   58 7.14 % 93,282      
    BLDG & IMPR - VARIOUS 2011-06-01 134,073   58 7.14 % 9,573      
    BLDG & IMPR - SCHMIDT 2011-06-01 9,500   58 7.14 % 678      
    BLDG & IMPR - THOMPSON 2011-06-01 8,474   58 7.14 % 605      
    BLDG & IMPR - WALMSLEY 2011-06-01 8,546   58 7.14 % 610      
    BLDG & IMPR - HONDO 2011-06-01 48,674   58 7.14 % 3,475      
    BLDG & IMPR - BRK B 2011-06-01 2,086   58 7.14 % 149      
    BLDG & IMPR - BRK A 2011-06-01 65,546   58 7.14 % 4,680      
    BLDG & IMPR - MCDONALD 2011-06-01 80,918   58 7.14 % 5,778      
    1404 WINCHESTER - IMPROVE 2011-12-28 67,100   87 0.11 % 72      
    1404 WINCHESTER - HOUSE 2011-10-18 225,858   87 0.54 % 1,208      
    IMPROVEMENTS - HONDO 2011-05-11 13,311   91 10.0000 887      
    IMPROVEMENTS - MCDONALD 2011-04-21 51,019   91 10.0000 3,401      
    IMPROVEMENTS - MOWEAQUA 2011-02-16 15,350   91 10.0000 1,279      
    IMPROVEMENTS - BRK B FARM 2011-04-21 74,761   91 10.0000 4,984      
    IMPROVEMENTS - THOMPSON 2011-09-08 91,849   91 10.0000 3,062      
    IMPROVEMENTS - GRAHAM 2011-10-19 148,949   91 10.0000 2,482      
    OFFICE FURNITURE 2011-11-18 23,700   91 7.0000 282      
    2011 FORD F250 2010-06-08 24,914 2,491 91 5.0000 1,661      
    BUILDINGS & EQUIP 2010-06-01 2,567,191 98,941 91 7.0000 366,742      
    BUILDINGS & EQUIP 2009-01-01 1,182,122 328,832 91 7.0000 168,875      
    2011 CHEVY TAHOE 2010-09-14 48,906 4,891 91 5.0000 9,781      
    2010 CHEVY SUBURBAN 2010-01-18 51,232 5,123 91 5.0000 10,246      
    EQUIPMENT 2010-05-25 4,867 348 91 7.0000 695      
    FURNITURE 2010-03-03 9,729 695 91 7.0000 1,390      
    SOFTWARE, CELL PHONE 2010-10-15 22,989 3,832 91 3.0000 7,663      
    CAMERA EQUIP 2010-06-15 18,205 1,821 91 5.0000 3,641      
    COMPUTER EQUIP 2010-06-15 48,227 4,823 91 5.0000 9,645      
    DIGITAL LIBRARY 2010-02-11 8,181 818 91 5.0000 1,636      
    WEBSITE 2010-05-20 14,162 2,360 91 3.0000 4,721      
    DIGITAL LIBRARY 2009-04-13 67,813 27,125 91 5.0000 13,563      
    WEBSITE 2009-05-18 70,332 46,888 91 3.0000 23,444      
    EQUIPMENT 2009-05-04 20,903 8,361 91 5.0000 4,181      
    FURNITURE 2009-03-17 11,275 3,221 91 7.0000 1,611      
    2008 JEEP GRAND CHER 2008-10-07 33,063 24,797 91 5.0000 6,613      
    145 APT - APPLIANCES/FURN 2008-01-01 28,502 24,512 91 5.0000 3,990      
    145- APARTMENT 2008-01-01 40,000 2,958 91 39.0000 1,026      
    145- 5YR EQUIP 2008-06-15 77,265 66,448 91 5.0000 10,817      
    145 - 7YR EQUIP 2008-06-15 145,451 111,315 91 7.0000 20,779      
    145 MERCHANT - IMPROVMTS 2008-06-15 657,473 41,777 91 39.0000 16,858      
    145 MERCHANT - BLDG 2008-01-01 800,000 59,167 91 39.0000 20,513      
    OFFICE EQUIP 4Q 2007-12-27 28,509 17,818 91 5.0000 5,702      
    OFFICE EQUIP 3Q 2007-07-20 17,700 11,948 91 5.0000 3,540      
    OFFICE EQUIP 2Q 2007-04-20 6,241 4,525 91 5.0000 1,248      
    OFFICE EQUIP 1Q 2007-02-22 10,616 8,228 91 5.0000 2,123      
    HEART TECH PHONE SYSTEM 2006-08-21 8,453 7,608 91 5.0000 845      
    DELL 410 COMPUTERS 2006-11-21 7,227 6,504 91 5.0000 723      
    SHARP MX-2300N COPIER 2006-10-06 6,620 5,958 91 5.0000 662      
    GLASS TOPS 110 2006-09-29 2,340 1,504 91 7.0000 334      
    FLAT PANEL & FAX 2006-09-25 1,981 1,783 91 5.0000 198      
    FURNITURE, CHAIRS 2006-09-08 18,340 11,790 91 7.0000 2,620      
    SUITE 110 BLINDS 2006-08-22 5,230 3,362 91 7.0000 747      
    DELL XPS600 2006-07-21 4,506 4,055 91 5.0000 451      
    CELL PHONES 2006-05-26 365 329 91 5.0000 30      
    APPLE FLAT PANEL 2006-02-23 2,521 2,269 91 5.0000 84      
    DELL XPS600 2006-02-20 3,605 3,245 91 5.0000 120      
    FILE CABINET 2005-12-20 1,835 1,442 91 7.0000 262      
    CHAIR 2005-02-22 158 124 91 7.0000 23      
    GARMIN 2004-05-27 1,378 1,279 91 7.0000 82      
    GLASS TOPS 2004-04-21 1,542 1,432 91 7.0000 73      
    CABINETS 2004-04-21 2,514 2,335 91 7.0000 120      
    DESK, CHAIR 2004-04-21 7,520 6,983 91 7.0000 358      
    PHONE SYSTEM 2004-01-23 10,529 9,777 91 7.0000 125      
    CABINETS 2004-04-01 2,434 2,260 91 7.0000 87      
    AIR COND WIRING 2004-04-01 6,342 5,889 91 7.0000 227      
    WINDOWS 2004-04-01 2,430 2,257 91 7.0000 87      

    TY 2011 GeneralExplanationAttachment
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Identifier Return Reference Explanation
        PART VII-B, QUESTION 5CEXPENDITURE RESPONSIBILITY REPORTINGTHE FOUNDATION MADE SEVERAL GRANTS TO THE UN WORLD FOOD PROGRAMME. AS A UNIT OF THE UNITED NATIONS, DONATIONS TO THE WORLD FOOD PROGRAMME ARE EXEMPT FROM EXPENDITURE RESPONSIBILITY AND NO STATEMENTS ARE REQUIRED.A GRANT TO FRIENDS OF THE LAGUNA HOME IS COVERED BY THE EXPENDITURE RESPONSIBILITY REPORTING PROVISIONS. THE INFORMATION REQUESTED IN REG 53-4945-D(D) IS AS FOLLOWS:FRIENDS OF THE LAGUNA HOME252 41DOLNI BREZANY, CHECH REPUBLICAMOUNT OF GIFT: $37,024 DATE OF GIFT: OCTOBER 27, 2011 THIS ORGANIZATION OPERATES A HOME FOR ORPHANED CHILDREN AND THE FUNDS WERE PROVIDED TO OBTAIN INSURANCE FOR A HANDICAP EQUIPPED VAN TO TRANSPORT THE SPECIAL NEEDS CHILDREN LIVING IN THE HOME. THE FUNDS WERE ALSO USED TO PAY AN ASSISTANT'S SALARY.THE EXPENDITURE RESPONSIBILITY AGREEMENT WAS SIGNED BY THE ORGANIZATION ON OCTOBER 25, 2011. AN ANNUAL REPORT ON THE USAGE OF FUNDS AND REPAYMENT OF ANY UNUSED FUNDS IS DUE DECEMBER 31, 2012. INTERIM REPORTS ARE NOT REQUIRED. A GRANT TO FUNDACION PIES DESCALZOS IS COVERED BY THE EXPENDITURE RESPONSIBILITY REPORTING PROVISIONS. THE INFORMATION REQUESTED IN REG 53-4945-D(D) IS AS FOLLOWS:FUNDACION PIES DESCALZOSBOGATA, COLUMBIAAMOUNT OF GIFT: $2,000,000 DATE OF GIFT: MARCH 14, 2011THE PIES DESCALZOS SCHOOL WILL BE BUILT IN THE CITY OF CARTAGENA. THE SCHOOL WILL HAVE CLASSROOMS, SPECIALIZED LABORATORIES, LIBRARY, AUDITORIUM, TRAINING CENTERS, SPORTS FIELDS AND DINING ROOM. THERE WILL BE CAPACITY FOR 1,700 STUDENTS, INCLUDING EARLY CHILDHOOD, ELEMENTARY SCHOOL, HIGH SCHOOL AND EDUCATIONAL TRAINING. THE SCHOOL WILL ALSO BENEFIT THE FAMILIES OF THE STUDENTS, ALL OF THE MEMBERS OF THE COMMUNITY THROUGH THE IMPLEMENTATION OF EXTRACURRICULAR ACTIVITIES TO IMPROVE THEIR QUALITY OF LIFE.THE EXPENDITURE RESPONSIBILITY AGREEMENT WAS SIGNED BY THE ORGANIZATION ON MARCH 11, 2011. AN ANNUAL REPORT ON THE USAGE OF FUNDS AND REPAYMENT OF ANY UNUSED FUNDS IS DUE DECEMBER 31, 2012. INTERIM REPORTS ARE NOT REQUIRED.

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BERKSHIRE HATHAWAY CLASS B 5,872,910 5,856,025
    BERKSHIRE HATHAWAY CLASS A 93,326,782 160,197,980

    TY 2011 InvestmentsOtherSchedule2
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EFFINGHAM EQUITY CO OP STOCK AT COST 25 25

    TY 2011 LandEtcSchedule2
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 25,041,185   25,041,185 26,000,000
    Improvements 767,058 54,212 712,846 750,000
    Buildings 1,790,431 143,579 1,646,852 1,800,000
    Machinery and Equipment 5,907,273 1,601,542 4,305,731 4,500,000
    Furniture and Fixtures 113,426 70,985 42,441 50,000
    Auto./Transportation Equip. 456,332 93,764 362,568 400,000


    TY 2011 LegalFeesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHERS 234 0 0 234
    BARNES & THORNBURG, LLP 146,243 0 0 146,243


    TY 2011 OtherAssetsSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID EXCISE TAX   38,247 38,247


    TY 2011 OtherExpensesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SHIPPING 26,868     26,868
    RESEARCH FARM SURVEYOR FEES 8,185     8,185
    RESEARCH FARM SUPPLIES 46,247     46,247
    RESEARCH FARM SEEDS, CHEMICALS, & FERT 452,511     452,511
    RESEARCH FARM REPAIRS, MNT 35,108     35,108
    RESEARCH FARM REAL ESTATE TAX 65,497     65,497
    RESEARCH FARM OTHER 73,613     73,613
    RESEARCH FARM LEGAL FEES 32,918     32,918
    RESEARCH FARM INSURANCE 18,265     18,265
    RESEARCH FARM FUEL 17,831     17,831
    RESEARCH FARM EQUIPMENT LEASE 390,488     390,488
    RESEARCH FARM CUSTOM FARMING 36,202     36,202
    RESEARCH FARM CONTRACT LABOR 36,240     36,240
    RESEARCH FARM CONSULTING FEES 5,375     5,375
    PROGRAM - TRAVEL 617,859     617,859
    PROGRAM - SOIL & WATER CONS 69,300     69,300
    PROGRAM - SHELBY COUNTY TOWER 3,892     3,892
    PROGRAM - SALARY & WAGES 106,327     106,327
    PROGRAM - RHEA & KAISER 2,086,289     2,086,289
    PROGRAM - PUBLICATIONS 98,335     98,335
    PROGRAM - OTHER PROF SERVICES 655,263     655,263
    PROGRAM - MISCELLANEOUS 67,604     67,604
    PROGRAM - MEALS 28,449     28,449
    PROGRAM - MATERIAL CONTRIBUTIONS 220,355     220,355
    PROGRAM - IOD PARC 177,786     177,786
    PROGRAM - INSURANCE 6,128     6,128
    PROGRAM - GAMES FOR CHANGE 87,701     87,701
    PROGRAM - AUTO EXPENSE 1,528     1,528
    FOREIGN EXCHANGE LOSS 1,609     1,609
    BANK FEES 4,733     4,733


    TY 2011 OtherIncomeSchedule2
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FARM CASH RENT 284,500 284,500  


    TY 2011 OtherIncreasesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Description Amount
    RETURN OF UNUSED GRAND FUNDS FROM PRIOR YEARS 319,680


    TY 2011 OtherLiabilitiesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 165,570  
    PAYROLL TAXES PAYABLE 1,768 948


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARIOUS 59,440 0 0 59,440


    TY 2011 TaxesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN: 47-0824756
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAX 30,732     30,732
    PAYROLL TAXES 101,074     101,074
    FED EXCISE TAX 3,728