Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
SEQUOIA FARM 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 or province, country, and ZIP or foreign postal code
DECATUR, IL62523
A Employer identification number

45-5160833
B Telephone number (see instructions)

(217) 362-8600
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$67,655,956J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 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) 21,642,667
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 353
b Gross sales price for all assets on line 6a 52,494
7 Capital gain net income (from Part IV, line 2)... 353
8 Net short-term capital gain.........  
9 Income modifications...........  
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 2,027,955    
12 Total. Add lines 1 through 11........ 23,670,975 353  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 769,088     769,088
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 111,764     111,764
b Accounting fees (attach schedule)....... Click to see attachment 1,545     1,545
c Other professional fees (attach schedule).... Click to see attachment 26,065     26,065
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 169,861     169,861
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,197,199    
20 Occupancy.............. 336,116     336,116
21 Travel, conferences, and meetings....... 22,885     22,885
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 1,274,440     1,274,440
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,908,963 0   2,711,764
25 Contributions, gifts, grants paid........ 208,593 208,593
26 Total expenses and disbursements. Add lines 24 and 25 5,117,556 0   2,920,357
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,553,419
b Net investment income (if negative, enter -0-) 353
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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...............   540,956 540,956
2 Savings and temporary cash investments..........      
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 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)........      
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)...........      
14 Land, buildings, and equipment: basis bullet68,042,509
Less: accumulated depreciation (attach schedule) bullet4,462,719   Click to see attachment63,579,790 67,115,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I)   64,120,746 67,655,956
Liabilities 17 Accounts payable and accrued expenses..........   13,229
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)    
23 Total liabilities (add lines 17 through 22)..........   13,229
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   64,107,517
30 Total net assets or fund balances (see page 17 of the
instructions)....................   64,107,517
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 0 64,120,746
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  
2 Enter amount from Part I, line 27a..................... 2 18,553,419
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 45,554,098
4 Add lines 1, 2, and 3.......................... 4 64,107,517
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 64,107,517
Form 990-PF (2013)
Form 990-PF (2013)
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 2 353
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
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))
2012      
2011      
2010      
2009      
2008      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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.
Form 990-PF (2013)
Form 990-PF (2013)
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 7
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 7
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 7
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
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 instructions)
    bulletAZ, 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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.sequoiafarmfoundation.org
    14
    The books are in care ofbulletTRISHA COOK Telephone no.bullet (217) 362-8600
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 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 2013 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 2013.)....................
    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 2013?
    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 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 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 (2013)
    Form 990-PF (2013)
    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 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
    HOWARD G BUFFETT President
    5.00     		0    
    145 N MERCHANT ST
    DECATUR,IL62523
    HOWARD W BUFFETT Secretary
    5.00     		0    
    145 N MERCHANT ST
    DECATUR,IL62523
    TRISHA COOK Treasurer
    5.00     		0    
    1315 COUNTRY LANE
    MT ZION,IL62549
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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     		164,970 7,513  
    RR 3 BOX 270
    PANA,IL62557
    CHARLES JORDAN CROP RESEARCH
    40.00     		115,726 6,533  
    609 N EAST ST
    MOWEAQUA,IL62550
    JONATHAN KOONS CROP RESEARCH
    40.00     		77,419 6,533  
    RR 1 BOX 71
    TOWER HILL,IL62571
    DENNIS SHEEHAN CROP RESEARCH
    40.00     		69,508 6,533  
    330 WATER ST
    LINCOLN,IL62656
    JARED MATTICE CROP RESEARCH
    40.00     		60,746 5,349  
    530 N BOWIE AVE
    WILLCOX,AZ85643
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    AZCA DRILLING WELL DRILLING 2,062,144
    PO BOX 570
    EHRENBERG,AZ85334
    HOLTHAUS BUILDERS CONTRACTOR 932,831
    2670 E 200 NORTH RD
    PANA,IL62557
    SOUTHWEST TRADITIONS CONTRACTOR 292,446
    3582 E BUCKRANCH RD
    PEARCE,AZ85625
    SEVENTH SON EXCAVATING CONTRACTOR 86,159
    20302 FIKAN RDD
    PANA,IL62557
    BNT CONSTRUCTION CONTRACTOR 1,028,759
    PO BOX 82
    THATCHER,AZ85552
    Total number of others receiving over $50,000 for professional services.............bullet  
    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. 25,805,860
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    828,499
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    7
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    828,492
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    828,492
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    828,492
    Part XII
    Qualifying Distributions (see 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
     
    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
     
    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
     
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 828,492
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 22,674,882
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 828,492
    e Remaining amount distributed out of corpus 21,846,390
    5 Excess distributions carryover applied to 2013.    
    (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 21,846,390
    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 instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		21,846,390
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013.... 21,846,390
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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 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 (2013)
    Form 990-PF (2013)
    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
    COCHISE COUNTY SHERIFF'S OFFICE
    205 N JUDD DRIVE
    BISBEE,AZ85603     		NONE   PURCHASE EQUIPMENT FOR VEHICLES 23,855
    CATTLEMEN'S BALL OF NEBRASKA
    PO BOX 104
    HARRISBURG,NE69345     		NONE   PURCHASE TRACTOR TO BE AUCTIONED AT FUND RAISING EVENT FOR CANCER RESEARCH 184,738
    Total .................................bullet 3a 208,593
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aFARM CASH RENT     16 455,271  
    bGRAIN SALES     16 1,569,362  
    cLEASE INCOME     1 1  
    dPATRONAGE REFUNDS     16 3,321  
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		        353
    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)..   2,027,955 353
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,028,308
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID: 13000170
    Software Version: 2013v3.1


    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.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    SEQUOIA FARM FOUNDATION
     
    Employer identification number

    45-5160833
    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 its Form 990PF, Part I, line 2, 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) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number

    45-5160833
    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
     
     

    HOWARD G BUFFETT FOUNDATION  
    145 N MERCHANT ST
     
    DECATUR, IL62523

    		$21,642,667


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number

    45-5160833
    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
     
    		$    
    (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) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number

    45-5160833
    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) (2013)

    Additional Data


    Software ID: 13000170
    Software Version: 2013v3.1

    TY 2013 AccountingFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARIOUS 1,545 0 0 1,545

    TY 2013 ContractorCompensationExpln
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Contractor Explanation
    AZCA DRILLING  
    BNT CONSTRUCTION  
    HOLTHAUS BUILDERS  
    SEVENTH SON EXCAVATING  
    SOUTHWEST TRADITIONS  

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

    TY 2013 DepreciationSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    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
    FORD TRUCK 2011-01-06 46,889 14,067 54 20.00 % 9,378      
    IMPROVEMENTS - GRAHAM 2011-10-19 148,949 17,377 91 10.0000 14,895      
    IMPROVEMENTS - THOMPSON 2011-09-08 91,849 12,247 91 10.0000 9,185      
    IMPROVEMENTS - BRK B FARM 2011-04-21 74,761 12,460 91 10.0000 7,476      
    IMPROVEMENTS - MOWEAQUA 2011-02-16 15,350 2,814 91 10.0000 1,535      
    IMPROVEMENTS - MCDONALD 2011-04-21 51,019 8,503 91 10.0000 5,102      
    IMPROVEMENTS - HONDO 2011-05-11 13,311 2,218 91 10.0000 1,331      
    1404 WINCHESTER - HOUSE 2011-10-18 225,858 6,999 87 2.56 % 5,791      
    1404 WINCHESTER - IMPROVE 2011-12-28 67,100 1,792 87 2.56 % 1,720      
    BLDG & IMPR - MCDONALD 2011-06-01 80,918 17,341 58 14.29 % 11,563      
    BLDG & IMPR - BRK A 2011-06-01 65,546 14,047 58 14.29 % 9,367      
    BLDG & IMPR - BRK B 2011-06-01 2,086 447 58 14.29 % 298      
    BLDG & IMPR - HONDO 2011-06-01 48,674 10,431 58 14.29 % 6,956      
    BLDG & IMPR - WALMSLEY 2011-06-01 8,546 1,831 58 14.29 % 1,221      
    BLDG & IMPR - THOMPSON 2011-06-01 8,474 1,816 58 14.29 % 1,211      
    BLDG & IMPR - SCHMIDT 2011-06-01 9,500 2,036 58 14.29 % 1,358      
    BLDG & IMPR - VARIOUS 2011-06-01 134,073 28,732 58 14.29 % 19,159      
    IMPROVEMENTS - CONSERVAT 2012-12-26 291,196 14,560 65 10.00 % 29,120      
    BLDGS/IMPROVE - APACHE 2012-07-01 1,289,103 15,183 87 2.56 % 33,053      
    IMPROVEMENT - JORDAN 2012-07-01 687,367 23,202 67 6.67 % 45,847      
    IMPROVEMENT - LAKE FARM 2012-12-01 45,854 3,274 58 14.29 % 6,553      
    IMPROVEMENT - WINCHESTER 2012-04-01 61,832 2,059 67 6.67 % 4,124      
    BUILDING IMP - BRK A 2012-07-01 94,577 1,113 87 2.56 % 2,425      
    BUILDING - DUNCAN 2012-07-02 62,900 740 87 2.56 % 1,613      
    BUILDING/IMP - GRAHAM 2012-12-19 43,007 46 87 2.56 % 1,103      
    IMPROVEMENTS - GRANT 2012-12-27 24,317 810 67 6.67 % 1,622      
    IMPROVEMENTS - HONDO 2012-07-01 7,625 254 67 6.67 % 509      
    IMPROVEMENTS - MCDONALD 2012-07-01 4,416 147 67 6.67 % 295      
    BLDG/IMPROVE - THOMPSON 2012-07-01 74,265 874 87 2.56 % 1,904      
    BUILDINGS & EQUIP 2009-01-01 1,182,122 666,582 91 7.0000 168,875      
    BUILDINGS & EQUIP 2010-06-01 2,360,601 765,457 91 7.0000 337,229      
    OFFICE FURNITURE 2011-11-18 23,700 3,668 91 7.0000 3,386      
    FARM EQUIPMENT - 7 YR 2011-06-01 892,575 191,285 58 14.29 % 127,549      
    FORD TRUCK 2011-04-18 37,529 11,259 54 20.00 % 7,506      
    TRAILER 2011-05-18 12,096 3,629 54 20.00 % 2,419      
    FORD TRUCK 2011-08-12 54,583 16,375 54 20.00 % 10,917      
    FORD TRUCK 2011-11-07 50,025 15,008 54 20.00 % 10,005      
    11' FORD F-250 2011-11-10 37,184 11,155 54 20.00 % 7,437      
    11' JEEP CHEROKEE LAREDO 2011-11-21 34,593 10,378 54 20.00 % 6,919      
    OFFICE EQUIPMENT - AZ 2012-12-20 11,590 828 58 14.29 % 1,656      
    OFFICE EQUIP - IL 2012-09-19 3,988 285 58 14.29 % 570      
    OTHER EQUIP - AZ 2012-12-01 117,943 8,421 58 14.29 % 16,854      
    OTHER EQUIP - IL 2012-12-01 14,337 1,024 58 14.29 % 2,049      
    FARM EQUIP - AZ 2012-07-01 3,970,225 283,474 58 14.29 % 567,345      
    FARM EQUIP - IL 2012-07-01 735,174 52,491 58 14.29 % 105,056      
    FARM EQUIP - NE 2012-07-01 144,440 10,313 58 14.29 % 20,640      
    13' FORD F-150 RAPTOR 2012-10-26 51,165 5,117 54 20.00 % 10,233      
    12' FORD F-150 2012-03-28 30,000 3,000 54 20.00 % 6,000      
    12' CHEVY SUBURBAN LTZ 2012-03-16 56,914 5,691 54 20.00 % 11,383      
    12' FORD F-150 RAPTOR 2012-02-20 52,437 5,244 54 20.00 % 10,487      
    12' FORD F-250 XL 2012-02-01 42,795 4,280 54 20.00 % 8,559      
    IMPROVEMENT - APACHE FARM 2013-07-25 273,553   67 3.33 % 9,109      
    IMPROVEMENT - JORDAN FARM 2013-09-02 225,750   67 3.33 % 7,517      
    IMPROVEMENT - LAKE FARM 2013-05-23 44,987   67 3.33 % 1,498      
    IMPROVEMENT - 145 LAND 2013-04-03 8,886   67 3.33 % 296      
    IMPROVEMENT - AZ LAND 2013-11-25 5,162   67 3.33 % 172      
    IMPROVEMENT - GRAHAM FARM 2013-01-30 7,573   67 3.33 % 252      
    IMPROVEMENT - GRANT FARM 2013-01-22 20,864   67 3.33 % 695      
    IMPROVEMENT - APACHE FARM 2013-03-06 3,138   67 3.33 % 104      
    IMPROVEMENT - LAKE FARM 2013-04-08 26,416   67 3.33 % 880      
    IMPROVE- WINCHESTER BLDG 2013-05-23 10,600   87 1.61 % 170      
    IMPROVE - GRANT FRM BLDG 2013-08-15 56,204   87 0.96 % 541      
    FURNITURE - LAKE FARM 2013-03-20 2,560   58 7.14 % 183      
    FURNITURE - WINCHESTER 2013-12-06 1,436   58 7.14 % 103      
    FURNITURE - GRANT FARM 2013-05-29 2,495   58 7.14 % 178      
    MACH & EQUIP - AZ FARMS 2013-03-22 7,517   58 7.14 % 537      
    RANGE EQUIP - GRANT FARM 2013-07-05 241,699   58 7.14 % 17,257      
    6190R - AZ FARM 2013-02-05 158,900   58 7.14 % 11,345      
    MACH & EQUIP - AZ FARM 2013-03-14 11,935   58 7.14 % 852      
    MACH & EQUIP - AZ FARM 2013-05-02 4,867   58 7.14 % 348      
    JD8430 - AZ FARM 2013-06-11 202,000   58 7.14 % 14,423      
    MACH & EQUIP - AZ FARM 2013-06-11 2,490   58 7.14 % 178      
    MACH & EQUIP - AZ FARM 2013-06-17 3,123   58 7.14 % 223      
    JD6330 TRACTOR - AZ FARM 2013-07-11 64,400   58 7.14 % 4,598      
    JDH340 LOADER - AZ FARM 2013-07-11 9,900   58 7.14 % 707      
    KOMATSU WHL LOAD - AZ FRM 2013-07-22 182,568   58 7.14 % 13,035      
    MACH & EQUIP - AZ FARM 2013-08-20 6,290   58 7.14 % 449      
    MACH & EQUIP - AZ FARM 2013-10-21 2,993   58 7.14 % 214      
    JD9230 TRACTOR - AZ FARM 2013-11-07 217,000   58 7.14 % 15,494      
    JD8335R TRACTOR- AZ FARM 2013-11-07 252,000   58 7.14 % 17,993      
    JD5075E/LDR TRCTR - AZ FM 2013-11-07 32,580   58 7.14 % 2,326      
    JD8225 TRACTOR - IL FARM 2013-07-11 200,371   58 7.14 % 14,306      
    AERWAY 30' DBL ROLL - IL 2011-06-01 73,000 15,643 58 14.29 % 5,216      
    JD4720 TRACTOR - IL FARM 2013-10-18 31,440   58 7.14 % 2,245      
    JD MX MOWER - IL FARM 2013-10-18 5,025   58 7.14 % 359      
    HITCH - JD8225R - IL FARM 2013-12-31 10,745   58 7.14 % 767      
    PIVOT - NE FARM 2013-06-19 37,120   58 7.14 % 2,650      
    22' KRAUSE DISC - AZ FARM 2013-01-08 45,000   58 7.14 % 3,213      
    DICKEY SPRAYER - JORDAN 2013-03-14 9,200   58 7.14 % 657      
    MACH & EQUIP - AZ FARM 2013-05-23 668   58 7.14 % 48      
    4630 SPRAY SHLD - AZ FARM 2013-08-15 4,568   58 7.14 % 326      
    16 ROW BOX SYS - IL FARM 2013-01-04 8,510   58 7.14 % 608      
    JD1990 CCS DRILL - IL FRM 2013-02-05 133,800   58 7.14 % 9,553      
    25' AERATOR - IL FARM 2013-06-11 48,000   58 7.14 % 3,427      
    JD 1770 16R PLANTER - IL 2013-11-07 115,000   58 7.14 % 8,211      
    9322 GP PLOW - AZ FARM 2013-09-18 29,100   58 7.14 % 2,078      
    30' BOOM SPRAY - AZ FARM 2013-09-18 3,682   58 7.14 % 263      
    CALB434 BALER - AZ 2013-10-17 111,950   58 7.14 % 7,993      
    ROLLA CONE CLSR - AZ 2013-10-28 5,300   58 7.14 % 378      
    PIVOTS - APACHE FARM 2013-07-18 2,318   58 7.14 % 166      
    PIVOTS - 145 FARM 2013-07-18 39,010   58 7.14 % 2,785      
    PIVOTS - LAKE FARM 2013-07-31 33,373   58 7.14 % 2,383      
    PIVOTS - NE FARM 2013-10-31 6,998   58 7.14 % 500      
    EXPER. EQUIP - AZ FARM 2013-03-27 57,746   58 7.14 % 4,123      
    MACH & EQUIP - APACHE FRM 2013-08-15 30,309   58 7.14 % 2,164      
    SURVEY EQUP - AZ FARM 2013-12-03 3,338   58 7.14 % 238      
    MACH & EQUIP - BRK-A FARM 2013-12-31 1,508   58 7.14 % 108      
    JD855D GATOR - GRAHAM FRM 2013-11-07 16,625   58 7.14 % 1,187      
    MAYRATH AUGER - AZ FARM 2013-04-04 13,818   58 7.14 % 987      
    SCALE MONITOR - AZ FARM 2013-10-18 758   58 7.14 % 54      
    MAYRATH AUGER - AZ FARM 2013-11-07 9,180   58 7.14 % 655      
    EQUIP - HARVEST - AZ FARM 2013-11-07 13,603   58 7.14 % 971      
    72' AUGER - AZ FARM 2013-12-05 10,200   58 7.14 % 728      
    EQUIP - HARVEST - AZ FARM 2013-12-05 2,000   58 7.14 % 143      
    744 WAGON - AZ FARM 2013-12-31 3,000   58 7.14 % 214      
    MAYRATH AUGER - AZ FARM 2013-12-31 3,000   58 7.14 % 214      
    CALB 434 BALER - AZ FARM 2013-12-31 3,000   58 7.14 % 214      
    POST HOLE DIGGER - IL FRM 2013-02-05 3,500   58 7.14 % 250      
    JD S670 COMBINE - IL FARM 2013-05-17 116,900   58 7.14 % 8,347      
    MAYRATH AUGER - DUNCAN 2013-11-07 13,200   58 7.14 % 942      
    MAYRATH AUGER - HONDO 2013-11-07 13,900   58 7.14 % 992      
    BRNT 644 WAGON - IL FARM 2013-11-07 15,900   58 7.14 % 1,135      
    CAMERA SYSTEM - IL FARM 2013-11-07 662   58 7.14 % 47      
    BRNT 774 WAGON - IL FARM 2013-11-07 26,000   58 7.14 % 1,856      
    PRKER 938 AUG WGN - IL 2013-11-07 32,000   58 7.14 % 2,285      
    EQUIP - HARVEST - IL FARM 2013-12-31 41,800   58 7.14 % 2,985      
    JD650J DOZER - IL FARM 2013-06-11 65,000   58 7.14 % 4,641      
    EQUIP - MAINT - IL 2013-10-21 1,949   58 7.14 % 139      
    EQUIP - RTK - IL FARM 2013-12-05 2,732   58 7.14 % 195      
    RADIO EQUIP - AZ 2013-11-04 7,140   58 7.14 % 510      
    RADIO EQUIP - IL 2013-11-19 4,586   58 7.14 % 327      
    OFFICE EQUIP - IL 2013-07-18 2,125   58 7.14 % 152      
    COMP EQUIP - AZ 2013-12-17 988   58 7.14 % 71      
    2014 JEEP GR CHER -0720 2013-08-13 69,819   54 10.00 % 6,982      
    FORD F350 RC - 1410 2013-10-09 45,234   54 10.00 % 4,523      
    FORD F450 CREW - 1926 2013-10-19 60,766   54 10.00 % 6,077      
    1968 MACK - 0872 2013-11-26 17,500   54 10.00 % 1,750      
    FORD F350 - 4225 2013-12-20 52,625   54 10.00 % 5,263      
    FORD F350 CC - 7237 2013-09-19 43,673   54 10.00 % 4,367      
    FORD F350 CC - 8575 2013-09-19 42,938   54 10.00 % 4,294      
    2014 MACK - 6812 2013-10-01 126,944   54 10.00 % 12,694      
    2013 FORD RPTR - 4435 2013-11-05 54,379   54 10.00 % 5,438      
    IMPROVEMENTS - APACHE FRM 2013-06-30 929,921   67 3.33 % 30,966      
    IMPROVEMENTS - JORDAN FRM 2013-06-30 747,167   67 3.33 % 24,881      
    IMPROVEMENTS - LAKE FARM 2013-06-30 676,106   67 3.33 % 22,514      
    IMPROVEMENTS - 145 FARM 2013-06-30 481,965   67 3.33 % 16,049      
    IMPROVEMENTS - BRK-A FRM 2013-11-14 3,643   58 7.14 % 260      
    IMPROVEMENTS - DUNCAN 2013-06-30 50,547   67 3.33 % 1,683      
    IMPROVEMENTS - GRAHAM 2013-06-30 389,561   67 3.33 % 12,972      
    IMPROVEMENTS - HONDO 2013-01-30 1,005   58 7.14 % 72      
    IMPROVEMENTS - MCDONALD 2013-11-14 3,920   67 3.33 % 131      
    IMPROVEMENTS - ELWIN 2013-05-16 968   67 3.33 % 32      
    IMPROVEMENTS - HILL 2013-08-16 1,210   58 7.14 % 86      
    IMPROEMENTS - GRANT 2013-06-30 65,177   67 3.33 % 2,170      
    IMPROVEMENTS - APACHE 2013-06-30 835,180   87 1.39 % 11,617      
    IMPROVEMENTS - JORDAN 2013-06-30 435,691   87 1.39 % 6,060      
    IMPROVEMENTS - GRANT 2013-06-30 1,103,132   87 1.39 % 15,345      
    PROGRAM ASSETS 2013-06-30 7,358   58 7.14 % 525      
    JD 60D EXCAVATOR - IL FRM 2013-01-04 71,100   58 7.14 % 5,077      
    JD 855D GATOR - AZ FARM 2013-06-11 18,595   58 7.14 % 1,328      
    MACH & EQUIP - AZ FARM 2013-12-31 1,787   58 7.14 % 128      
    JD1790 PLANTER 2011-06-01 140,898 30,192 58 14.29 % 10,067      
    JD1990 30' AIR DRILL - IL 2013-07-11 80,639   58 7.14 % 5,758      
    JD9730 - IL FARM 2011-06-01 200,000 42,857 58 14.29 % 14,290      
    JD9230 2010-06-01 197,500 64,020 58 14.28 % 14,102      
    2013 FORD F150 RAPTOR 2013-10-02 57,243   54 10.00 % 5,724      
    PIVOTS (AZ) 2012-04-12 235,489 16,814 58 14.29 % 33,651      
    PIVOTS (AZ) 2013-04-12 67,961   58 7.14 % 4,852      

    TY 2013 LandEtcSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 1,077,331 263,558 813,773 1,050,000
    Furniture and Fixtures 6,491 464 6,027 65,000
    Machinery and Equipment 12,737,530 3,602,936 9,134,594 18,000,000
    Buildings 10,140,798 595,761 9,545,037  
    Land 44,080,359   44,080,359 48,000,000


    TY 2013 LegalFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRYAN CAVE LLP 80,501 0 0 80,501
    GARCIA, HENGEL, KINSEY, & VILLARREAL 8,501 0 0 8,501
    SAMUELS, MILLER, SCHROEDER,, ET AL 22,164 0 0 22,164
    ZENIA SMITH 598 0 0 598


    TY 2013 OtherExpensesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 2,329     2,329
    CHEMICAL,FERTILIZER, SEED 657,978     657,978
    CONTRACT LABOR 9,820     9,820
    DUES & SUBSCRIPTIONS 2,745     2,745
    EMPLOYEE BENEFITS 79,912     79,912
    EQUIPMENT MAINTENANCE 68,217     68,217
    EQUIPMENT RENTAL 65,145     65,145
    FUEL 118,234     118,234
    INSURANCE - D&O 3,403     3,403
    INSURANCE - PROPERTY 45,911     45,911
    INSURANCE - WORKERS COMP 48,437     48,437
    IRRIGATION MAINTENANCE 15,553     15,553
    LICENSE, PERMITS, & FEES 5,206     5,206
    MISCELLANEOUS 5,767     5,767
    OTHER MAINTENANCE 728     728
    POSTAGE 462     462
    REPAIRS & MAINTENANCE 37,065     37,065
    SHIPPING 6,748     6,748
    SUPPLIES 62,933     62,933
    SURVEYS 13,705     13,705
    TOOLING 3,218     3,218
    VEHICLE LICENSING 11,866     11,866
    VEHICLE MAINTENANCE 9,058     9,058


    TY 2013 OtherIncomeSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FARM CASH RENT 455,271    
    GRAIN SALES 1,569,362    
    LEASE INCOME 1    
    PATRONAGE REFUNDS 3,321    


    TY 2013 OtherIncreasesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Description Amount
    SPLIT OFF OF ASSETS FROM HOWARD G BUFFETT FOUNDATION 45,554,098


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIANA OLLER 15,000 0 0 15,000
    HICKORY POINT BANK & TRUST 7,425 0 0 7,425
    OTHER 140 0 0 140
    TERRACON CONSULTANTS, INC 3,500 0 0 3,500


    TY 2013 TaxesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 64,188     64,188
    REAL ESTATE TAXES 94,420     94,420
    SALES TAX 11,253     11,253