Form990-PF
Click to see list of attachments

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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
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 or province, country, and ZIP or foreign postal code
DECATUR, IL62523
A Employer identification number

47-0824756
B Telephone number (see instructions)

(217) 423-9286
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$528,695,550J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 154,598,482
2 Check bullet.............
3 Interest on savings and temporary cash investments 473,343 473,343 473,343
4 Dividends and interest from securities... 526,072 526,072 526,072
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -828,477
b Gross sales price for all assets on line 6a 154,997,129
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications........... 8,462,734
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 44,245    
12 Total. Add lines 1 through 11........ 154,813,665 999,415 9,462,149
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 744,522     744,522
14 Other employee salaries and wages...... 1,244,916     1,245,304
15 Pension plans, employee benefits....... 165,294     165,294
16a Legal fees (attach schedule)......... Click to see attachment 503,854     503,854
b Accounting fees (attach schedule)....... Click to see attachment 33,456     33,456
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 201,799     201,799
19 Depreciation (attach schedule) and depletion... Click to see attachment 242,631    
20 Occupancy.............. 222,946     222,946
21 Travel, conferences, and meetings....... 90,383     90,383
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 5,599,732     5,330,561
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,049,533 0   8,538,119
25 Contributions, gifts, grants paid....... 128,066,639 128,066,639
26 Total expenses and disbursements. Add lines 24 and 25 137,116,172 0   136,604,758
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 17,697,493
b Net investment income (if negative, enter -0-) 999,415
c Adjusted net income (if negative, enter -0-)... 9,462,149
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 42,778 311,415 311,415
2 Savings and temporary cash investments......... 144,833,404 38,753,231 38,753,231
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)   186,239,208 186,372,101
b Investments—corporate stock (attach schedule)....... 128,354,546 74,146,068 299,833,575
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 25 25
14 Land, buildings, and equipment: basis bullet5,485,000
Less: accumulated depreciation (attach schedule) bullet2,212,615 3,328,025 Click to see attachment3,272,385 3,367,000
15 Other assets (describe bullet) Click to see attachment66,530 Click to see attachment58,203 Click to see attachment58,203
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 276,625,308 302,780,535 528,695,550
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)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 276,625,308 302,780,535
29 Total net assets or fund balances (see instructions)..... 276,625,308 302,780,535
30 Total liabilities and net assets/fund balances (see instructions). 276,625,308 302,780,535
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
276,625,308
2
Enter amount from Part I, line 27a .....................
2
17,697,493
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
8,462,734
4
Add lines 1, 2, and 3 ..........................
4
302,785,535
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
302,780,535
Form 990-PF (2020)
Form 990-PF (2020)
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.)
1 a 426000 BERKSHIRE HATHAWAY CL B P 2020-07-07 2020-07-07
b 427428 BERKSHIRE HATHAWAY CL B P 2020-07-07 2020-07-08
c 145 MERCHANT - BLDG P 2008-01-01 2020-08-14
d EQUIPMENT P 2019-09-18 2020-09-11
e LAND - .443 ACRES P 2016-10-04 2020-09-28
(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 77,196,480   77,169,900 26,580
b 77,331,728   77,428,582 -96,854
c 400,000 515,656 1,732,684 -817,028
d 3,921 980 3,921 980
e 65,000   7,155 57,845
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       26,580
b       -96,854
c       -817,028
d       980
e       57,845
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 -828,477
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 -69,294
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 13,892
c All other domestic foundations enter 1.39% 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 13,892
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 13,892
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 42,013
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 42,013
8 Enter any penalty for underpayment of estimated tax. Check here 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 28,121
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet14,000 RefundedBullet 11 14,121
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 the instructions
for the 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
 
 
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)
    bulletIL, NE
    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 2020 or the taxable year beginning in 2020? See the 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
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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
    Yes
     
    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.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 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, 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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletSF
    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 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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
     
     
    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 2020 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 2020.)..................
    3b
     
     
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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 4945(d)(4)(A)? 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
     
     
    .........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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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 BUFFETTClick to see attachment CHAIRMAN & CEO
    40.00     		0 12,330  
    145 N MERCHANT ST
    DECATUR,IL62523
    DEVON G BUFFETT EXVP, SEC, DIR
    10.00     		0 24,543  
    145 N MERCHANT ST
    DECATUR,IL62523
    TRISHA A COOK VP, TREAS, DIR
    40.00     		206,878 10,928  
    1315 COUNTRY LANE
    MT ZION,IL62549
    HEIDI HEITKAMP Director
    1.00     		0    
    21 CAPTAIN LEACH DR
    MANDAN,ND58554
    MICHAEL D WALTER DIRECTOR
    2.00     		0    
    9905 BROADMOOR RD
    OMAHA,NE68114
    ANN KELLY BOLTEN President
    40.00     		537,644 1,066  
    4715 CUMBERLAND AVE
    CHEVY CHASE,MD20815
    ERIN MORGAN Director
    1.00     		0    
    300 KERRI LN
    SOUTH SIOUX CITY,NE68776
    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
    ANN-MARIE VALENTINE MONGIOVI DIR OF PROGRAMS
    40.00     		135,808 9,846  
    3005 WOODLAWN AVE
    FALLS CHURCH,VA22042
    SABRA BRUCKER SR EXEC ASST
    40.00     		134,105 10,279  
    38723 E 2300 NORTH ROAD
    CROPSEY,IL61731
    CHARLOTTE RYAN FINANCE
    40.00     		132,064 9,103  
    526 WILL LANE
    FORSYTH,IL62535
    NENE KEITA FINANCE
    40.00     		120,834 9,799  
    7501 SPRING LAKE DRIVE B1
    BETHESDA,MD20817
    JOSE ALVAREZ FINANCE
    40.00     		104,357 9,748  
    10406 MONTROSE AVE 1
    BETHESDA,MD20814
    Total number of other employees paid over $50,000...................bullet 6
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    DATA & GRAPHICS SERVICES 2,263,618
    AVENIDA LAAS GARDNIAS NO 2
    SAN SALVALDOR    
    ES
    BARNES & THORNBURG LLP LEGAL 411,418
    ONE NORTH WACKER DRIVE STE 4400
    CHICAGO,IL60606
    GARNETT CO INC SERVICES 345,448
    13095 PUBLISHERS DRIVE
    FISHERS,IN46038
    FARM JOURNAL MEDIA SERVICES 292,272
    PO BOX 28742
    NEW YORK,NY100878742
    GOODHUE PICTURES INC SERVICES 432,815
    241 CENTRE STREET 6TH FLOOR
    NEW YORK,NY10013
    Total number of others receiving over $50,000 for professional services.............bullet11
    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 PROGRAM EXPENSES FOR FOOD SECURITY AND AGRICULTURAL INITIATIVES TO SUPPORT AND PROMOTE CONSERVATION, AGRICULTURE, AND ECONOMIC DEVELOPMENT. 235,478
    2 PROGRAM EXPENSES FOR CONFLICT MITIGATION INITIATIVES TO SUPPORT AND ENHANCE CONSERVATION, AGRICULTURE, AND ECONOMIC DEVELOPMENT. 3,531,653
    3 PROGRAM EXPENSES TO COMBAT HUMAN TRAFFICKING. 61,854
    4 PROGRAM EXPENSES TO SUPPORT PUBLIC SAFETY. 872,298
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    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
    496,635,591
    b
    Average of monthly cash balances.......................
    1b
    972,377
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    497,607,968
    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
    497,607,968
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,464,120
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    490,143,848
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    24,507,192
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    24,507,192
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    13,892
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,892
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    24,493,300
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    24,493,300
    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
    24,493,300
    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
    136,604,758
    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
    217,554
    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
    136,822,312
    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
    136,822,312
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 24,493,300
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 142,203,508
    b From 2016...... 119,871,310
    c From 2017...... 156,105,363
    d From 2018...... 133,466,756
    e From 2019...... 197,746,294
    fTotal of lines 3a through e........ 749,393,231
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 136,822,312
    a Applied to 2019, 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 2020 distributable amount..... 24,493,300
    e Remaining amount distributed out of corpus 112,329,012
    5 Excess distributions carryover applied to 2020.    
    (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 5 861,722,243
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		142,203,508
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		719,518,735
    10 Analysis of line 9:
    a Excess from 2016.... 119,871,310
    b Excess from 2017.... 156,105,363
    c Excess from 2018.... 133,466,756
    d Excess from 2019.... 197,746,294
    e Excess from 2020.... 112,329,012
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 foundation 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 or email address 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 (2020)
    Form 990-PF (2020)
    Page 11
    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
    GRANTS
    SEE ATTACHED PDF
    DECATUR,IL62523     		    SEE ATTACHED PDF 128,066,639
    Total .................................bullet 3a 128,066,639
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    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
    aBOOK ROYALTY         376
    bRENT         38,645
    cUTILITY DEPOSIT REFUND         5,224
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 473,343  
    4 Dividends and interest from securities....     14 526,072  
    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 ............     		        -828,477
    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)..   999,415 -784,232
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    215,183
    (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.)
    1A INCOME IS THE RESULT OF A BOOK ROYALTY PAYMENT
    1B INCOME IS THE RESULT OF A RENT RECEIVED
    1C INCOME IS THE RESULT OF A UTILITY DEPOSIT REFUND
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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) 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 instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0


    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the 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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    HOWARD G BUFFETT FOUNDATION
          		Employer identification number
    47-0824756
    Part I
    Contributors
    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, NE68131

    		$ 154,598,482


    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    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
    		 853,428 SHARES OF BERKSHIRE HATHAWAY STOCK $ 154,598,482 2020-07-07
    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    HOWARD G BUFFETT FOUNDATION
          		Employer identification number

    47-0824756
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADP PAYROLL FEES 2,215 0 0 2,215
    HJERPE & TENNISON CPAS 22,485 0 0 22,485
    MATTHEWS, CARTER & BOYCE 8,756 0 0 8,756

    TY 2020 ContractorCompensationExpln
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Contractor Explanation
    FARM JOURNAL MEDIA SERVICES
    BARNES & THORNBURG LLP LEGAL FEES
    DATA & GRAPHICS SERVICES
    GARNETT CO INC SERVICES
    GOODHUE PICTURES INC SERVICES

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

    TY 2020 DepreciationSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    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
    145 MERCHANT - BLDG 2008-01-01 800,000 243,784 SL 39.0000 11,966      
    IMPROVEMENTS - 145 2008-06-15 657,473 193,499 SL 39.0000 9,834      
    APARTMENT - 145 2008-01-01 40,000 12,192 SL 39.0000 598      
    228 SOUTHMORELAND - BLDG 2012-10-26 65,822 12,168 SL 2.56 % 1,688      
    BUILDINGS & EQUIP 2010-06-10 9,090 8,792 SL 7.0000 298      
    IMPROVEMENTS - 228 2013-06-18 3,122 2,899 SL 7.14 % 223      
    IMPROVEMENTS 2013-11-11 3,455 3,209 SL 7.14 % 246      
    IMPROVEMENTS - 228 2013-10-08 14,017 2,229 SL 2.56 % 359      
    BLDG IMPROVEMENTS 2013-02-01 22,019 3,885 SL 2.56 % 565      
    IMPROVEMENTS - 145 2013-11-21 11,701 1,838 SL 2.56 % 188      
    FURNITURE - 228 2013-06-30 15,417 14,317 SL 7.14 % 1,100      
    OFFICE FURNITURE 2013-03-07 17,459 16,213 SL 7.14 % 1,246      
    FURNITURE - 145 2013-08-09 4,802 4,459 SL 7.14 % 343      
    BINOCULARS 2013-01-31 2,162 2,008 SL 7.14 % 154      
    FIRST AID 2013-07-26 3,400 3,159 SL 7.14 % 241      
    FURNITURE & FIXTURES 2014-06-30 15,758 12,381 SL 14.29 % 2,252      
    GARAGE DOOR - 228 2015-06-04 9,584 6,163 SL 14.28 % 1,369      
    COMPUTER EQUIPMENT 2015-09-01 18,123 16,312 SL 10.00 % 1,811      
    COMPUTER EQUIPMENT 2015-07-27 14,176 12,758 SL 10.00 % 1,418      
    CELL PHONE BOOSTERS 2015-02-06 7,576 6,818 SL 10.00 % 758      
    2015 CHEVY TAHOE VIN#0384 2015-05-07 65,581 59,047 SL 10.00 % 6,534      
    2015 CHEVY TAHOE VIN#5951 2015-05-07 38,374 34,537 SL 10.00 % 3,837      
    SURECALL EQUIPMENT 2015-06-09 3,980 3,582 SL 10.00 % 398      
    CAMERA EQUIPMENT 2015-05-08 9,042 8,136 SL 10.00 % 906      
    CAMERA EQUIPMENT 2015-12-01 7,079 6,372 SL 10.00 % 707      
    SECURITY EQUIPMENT 2015-04-02 14,295 12,866 SL 10.00 % 1,429      
    COMPUTER EQUIPMENT - 145 2016-09-01 30,292 20,446 SL 20.00 % 6,058      
    COMPUTER EQUIPMENT 2016-09-01 3,634 2,454 SL 20.00 % 727      
    COMPUTER 2016-10-31 2,030 1,269 SL 20.00 % 406      
    COMPUTER 2016-06-03 2,068 1,501 SL 20.00 % 414      
    COMPUTER EQUIPMENT 2016-07-27 3,886 2,622 SL 20.00 % 777      
    FURN & FIXTURES 2016-12-01 4,713 2,119 SL 14.28 % 673      
    EMERGENCY BEACON WATCH 2016-08-17 15,685 10,587 SL 20.00 % 3,137      
    ARIAL CAMERAS 2016-03-30 2,376 1,841 SL 20.00 % 475      
    CANON CAMERA 2016-09-29 5,999 4,050 SL 20.00 % 1,200      
    JD 5115M TRCTR 2016-10-07 69,645 31,096 SL 14.28 % 9,945      
    JD H260 LOAD 2016-10-07 7,775 3,471 SL 14.28 % 1,110      
    JD 3046R 2016-10-07 26,000 11,608 SL 14.28 % 3,713      
    JD 72D MOWER 2016-10-07 3,895 1,740 SL 14.28 % 556      
    FRONTIER AF12G 2016-10-07 5,740 2,563 SL 14.28 % 820      
    IMPROVEMENTS 2016-12-01 94,099 19,609 SL 6.67 % 6,276      
    BLDG/IMPR 2016-10-01 784,955 64,578 SL 2.56 % 20,126      
    FURNITURE 2016-11-01 12,603 5,628 SL 14.28 % 1,800      
    CAP PROJECTS 2016-12-01 40,171 3,154 SL 2.56 % 1,030      
    FURNITURE 2016-12-01 13,039 5,821 SL 14.28 % 1,862      
    BOSCH WATER HTR 2017-04-05 3,822 1,365 SL 14.28 % 273      
    COMPUTER EQUIPMENT 2017-06-01 7,157 3,578 SL 20.00 % 1,431      
    COMPUTER EQUIPMENT 2017-08-14 8,160 4,080 SL 20.00 % 1,632      
    COMPUTER EQUIPMENT 2017-02-03 5,376 2,688 SL 20.00 % 1,075      
    COMPUTER EQUIPMENT 2017-09-18 2,345 1,173 SL 20.00 % 469      
    COMPUTER EQUIPMENT 2017-08-01 155,766 77,883 SL 20.00 % 31,153      
    COMPUTER EQUIPMENT 2017-10-16 7,500 3,750 SL 20.00 % 1,500      
    REFRIGERATOR 2017-04-03 9,138 4,570 SL 20.00 % 914      
    OFFICE FURNITURE 2017-03-27 4,133 1,477 SL 14.28 % 590      
    OFFICE FURNITURE 2017-09-15 26,034 9,299 SL 14.28 % 3,718      
    EQUIPMENT 2017-11-08 2,210 1,105 SL 20.00 % 442      
    CAMERA EQUIPMENT 2017-02-03 9,173 4,587 SL 20.00 % 1,835      
    COMPUTER EQUIPMENT 2017-10-16 2,705 1,353 SL 20.00 % 541      
    RADIO EQUIPMENT 2017-10-09 3,190 1,595 SL 20.00 % 638      
    CAMERA EQUIPMENT 2017-10-09 7,339 3,670 SL 20.00 % 1,468      
    EQUIPMENT 2017-11-08 2,039 1,020 SL 20.00 % 408      
    FARM EQUIPMENT 2017-07-17 3,500 1,250 SL 14.28 % 500      
    MOTION LIGHTS 2017-01-19 3,384 565 SL 6.67 % 226      
    FURNITURE 2017-01-27 4,590 1,640 SL 14.28 % 655      
    IMPROV GUTTERS 2017-01-31 7,090 1,182 SL 6.67 % 473      
    STEEL BUILDING 2017-05-04 43,504 2,928 SL 2.56 % 1,115      
    IMPROV FENCE 2017-01-26 52,521 8,755 SL 6.67 % 3,503      
    IMPROV SPRINKLERS 2017-06-07 3,950 658 SL 6.67 % 263      
    IMPROV FENCE 2017-06-27 31,841 5,308 SL 6.67 % 2,124      
    REMODEL 2017-12-31 262,739 13,755 SL 2.56 % 6,737      
    FURN DESK 2017-06-06 2,357 842 SL 14.28 % 337      
    SECURITY CAMERAS 2017-10-09 12,199 4,357 SL 14.28 % 1,742      
    IMPROVEMENTS 2018-06-30 26,609 5,702 SL 14.29 % 1,901      
    COMPUTER EQUIPMENT - 145 2018-06-30 4,707 1,412 SL 20.00 % 941      
    COMPUTER EQUIPMENT - 407 2018-06-30 8,232 2,469 SL 20.00 % 1,646      
    COMPUTER EQUIPMENT - 145 2018-06-30 8,840 2,652 SL 20.00 % 1,768      
    COMPUTER EQUIPMENT 2018-06-30 7,500 2,250 SL 20.00 % 1,500      
    COMPUTER EQUIPMENT 2018-10-15 2,200 660 SL 20.00 % 440      
    COMPUTER EQUIPMENT 2018-09-18 2,160 648 SL 20.00 % 432      
    EQUIPMENT 2018-06-07 11,790 3,537 SL 20.00 % 2,358      
    EQUIPMENT 2018-06-30 23,275 6,983 SL 20.00 % 4,655      
    CAMERA EQUIPMENT 2018-03-01 7,609 2,283 SL 20.00 % 1,522      
    CAMERA EQUIPMENT 2018-11-08 9,476 2,843 SL 20.00 % 1,895      
    RADIO EQUIPMENT 2018-07-26 3,386 1,016 SL 20.00 % 677      
    REMODEL 2018-03-29 59,700 2,745 SL 2.56 % 1,531      
    IMPROVEMENTS 2018-09-15 24,341 2,435 SL 6.67 % 1,624      
    FURNITURE 2018-03-29 13,710 2,938 SL 14.29 % 1,959      
    IMPROVEMENTS 2019-07-15 6,250 208 SL 6.67 % 417      
    IMPROVEMENTS 2019-11-14 6,755 225 SL 6.67 % 226      
    COMPUTER EQUIP 2019-08-06 9,050 905 SL 20.00 % 1,810      
    COMPUTER EQUIP 2019-07-18 4,738 474 SL 20.00 % 948      
    COMPUTER EQUIP 2019-11-25 5,610 561 SL 20.00 % 1,122      
    COMPUTER EQUIP 2019-04-09 4,979 498 SL 20.00 % 996      
    COMPUTER EQUIP 2019-10-30 15,314 1,531 SL 20.00 % 3,063      
    CAMERA EQUIP 2019-07-12 40,300 4,030 SL 20.00 % 8,060      
    EQUIPMENT 2019-09-18 3,921 392 SL 20.00 % 588      
    IMPROVEMENTS 2019-05-16 8,500 283 SL 6.67 % 567      
    CAP PROJECTS 2019-05-23 39,450 1,314 SL 6.67 % 2,631      
    FURNITURE 2019-05-14 7,457 532 SL 14.29 % 1,066      
    WINDOWS -407 2020-06-05 31,535   SL 3.33 % 1,050      
    COMPUTER EQUIPMENT - 145 2020-07-01 41,070   SL 10.00 % 4,107      
    COMPUTER EQUIPMENT - 407 2020-05-07 8,420   SL 10.00 % 842      
    SOFTWARE - 145 2020-06-25 35,350   SL 10.00 % 3,535      
    CONTRACTOR COMPUTER 2020-04-27 1,936   SL 10.00 % 194      
    CAMERA EQUIPMENT 2020-01-14 79,998   SL 10.00 % 8,000      
    ICAT TRAINING EQUIPMENT 2020-07-01 8,749   SL 10.00 % 875      
    RETAINING WALL 2020-06-11 10,497   SL 3.33 % 350      

    TY 2020 GeneralExplanationAttachment
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF PART VII-A, QUESTION 11CONTROLLED ENTITIESSEQUOIA FARM FOUNDATION145 N MERCHANT STDECATUR, IL 6252345-5160833THE NATURE CONSERVATION TRUSTPO BOX 65332ERASMUSRAND 0165 SOUTH AFRICA98-6057022PUBLIC SAFETY PROPERTIES FOUNDATION3989 SOUTH FRANKLIN ST RDDECATUR, IL 6252183-1765698FUNDACION PARA LA PAZ Y LA SEGURIDID145 N MERCHANT STDECATUR, IL 6252384-3460503CENTER TO COMBAT HUMAN TRAFFICKING145 N MERCHANT STDECATUR, IL 62562384-2293234
      General Explanation Supplemental Information for Form 990-PF PART VII-B, QUESTION 5CEXPENDITURE RESPONSIBILITY REPORTINGTHE FOUNDATION MADE TWO GRANTS TO THE PRESIDENTIAL AGENCY FOR INTERNATIONAL COOPERATION OF COLUMBIA (APC-COLUMBIA). ONE GRANT WAS MADE TO PURCHASE LANDMINE-DETECTING EQUIPMENT TO SUPPORT THE HUMANITARIAN EFFORTS TO ELIMIATE LANDMINES IN THE CATATUMBO REGION OF COLUMBIA. THE SECOND GRANT WAS MADE TO SUPPORT EFFORTS TO CONSTRUCT REGIONAL AND TERTIARY ROADS, AS PART OF THE COMPREHENSIVE INITIATIVE TO ADDRESS COCA CROP SUBSTITUTION, INFRASTRUCTURE, AND ALTERNATIVE LIVLIHOODS IN THE CATATUMBO REGION. THE FOUNDATION EXERCISES EXPENDITURE RESPONSIBLITY FOR EACH GRANT.THE FOUNDATION MADE ONE GRANT TO THE RWANDA DEVELOPMENT BOARD OF THE REPUBLIC OF RWANDA. THIS GRANT WAS MADE TO SUPPORT THE REPUBLIC OF RWANDA'S WILDLIFE AND HABITAT CONSERVATION EFFORTS AND MANAGEMENT OF ITS NATIONAL PARKS FOR THE PUPOROSES OF SUPPORTING ECONOMIC DEVELOPMENT AND MITIGATING CONFLICT BETWEEN HUMAN LIVLIHOOD NEEDS AND WILDLIFE AND CONSERVATION GOALS. THE FOUNDATION EXERCISES EXPENDITURE RESPONSIBILITY FOR THIS GRANT.THE FOUNDATION MADE ONE GRANT TO THE UNITED NATIONS WORLD FOOD PROGRAMME. AS A UNIT OF THE UNITED NATIONS, DONATIONS TO THE WORLD FOOD PROGRAMME ARE EXEMPT FROM EXPENDITURE RESPONSIBILITY AND NO STATEMENT IS REQUIRED.
      PAGE 1, LINE 25 BREAKDOWN OF GRANTS GIVEN

    TY 2020 LandEtcSchedule2
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 201,285 201,285   10,000
    Furniture and Fixtures 240,462 186,770 53,692 50,000
    Machinery and Equipment 1,980,534 1,598,347 382,187 382,000
    Buildings 1,252,756 134,409 1,118,347 1,125,000
    Improvements 383,792 91,804 291,988 200,000
    Land 1,426,171   1,426,171 1,600,000


    TY 2020 LegalFeesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BARNES & THORNBURG LLP 411,418 0 0 411,418
    BRIGARD URRUTIA 1,190 0 0 1,190
    CROKER, HUCK, KASHER & ASSOC LLC 14,905 0 0 14,905
    FEATHERSTUN, GAUMER, ET AL. 22,733 0 0 22,733
    NANCY HANDEGAN 1,687 0 0 1,687
    PHILLIP BATEMAN 785 0 0 785
    QUARLES & BRADY 14,431 0 0 14,431
    VISION & ELKINS LLP 36,705 0 0 36,705


    TY 2020 OtherAssetsSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INCOME TAX RECEIVABLE 29,513 28,121 28,121
    OTHER ASSETS 11,198 4,263 4,263
    PAYROLL TAX RECEIVABLE 25,819 25,819 25,819


    TY 2020 OtherDecreasesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    RETURN OF UNUSED GRANT FUNDS FROM PRIOR YEAR 5,000


    TY 2020 OtherExpensesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTO EXPENSE 3,380     3,380
    BANK FEES 4,583     4,583
    BOOKS & SUBSCRIPTIONS 11,616     11,616
    BUSINESS MEETINGS 34,656     34,656
    CURRENCY EXCHANGE LOSS 49,859     49,859
    LICENSE, PERMITS, & FEES 1,771     1,771
    MEDIA 9,604     9,604
    MISCELLANEOUS 81,010     81,010
    OUTSIDE SERVICES 276,455     276,455
    POSTAGE 1,090     1,090
    PROGRAM - COMMUNITY 27,999     27,999
    PROGRAM - CONFLICT MITIGATION 3,531,653     3,531,653
    PROGRAM - FOOD SECURITY 235,478     235,478
    PROGRAM - HUMAN TRAFFICKING 61,854     61,854
    PROGRAM - PUBLIC SAFETY 872,298     603,127
    PUBLICATIONS 61,079     61,079
    REPAIRS & MAINTENANCE 110,049     110,049
    SECURITY 432     432
    SHIPPING 17,375     17,375
    SUPPLIES 206,808     206,808
    TRAINING/SEMINARS 683     683


    TY 2020 OtherIncomeSchedule2
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BOOK ROYALTY 376    
    RENT 38,645    
    UTILITY DEPOSIT REFUND 5,224    


    TY 2020 OtherIncreasesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    RETURN OF UNUSED GRANT FROM PRIOR YEAR 1,196,561
    RETURN OF UNUSED GRANT FUNDS FROM PRIOR YEARS 7,266,173


    TY 2020 TaxesSchedule
    Name:
    HOWARD G BUFFETT FOUNDATION
    EIN:
    47-0824756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 13,892     13,892
    PAYROLL TAXES 136,103     136,103
    REAL ESTATE TAX 51,804     51,804