Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WALTER SCOTT FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10340 N 84TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OMAHA, NE681222216
A Employer identification number

47-1116371
B Telephone number (see instructions)

(402) 341-6000
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$2,173,892,277J 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) 736,443,890
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 21,356,783 21,356,783  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -5,278,322
b Gross sales price for all assets on line 6a 243,316,854
7 Capital gain net income (from Part IV, line 2)... 0
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
List of Attached Documents:
// Content
9,952,375 9,952,375  
12 Total. Add lines 1 through 11........ 762,474,726 31,309,158  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
20,715 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
18,000 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,859,954 2,359,954   500,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
327,887 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,146,702 0   2,731,887
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,373,258 2,359,954   3,231,887
25 Contributions, gifts, grants paid....... 145,640,942 145,640,942
26 Total expenses and disbursements. Add lines 24 and 25 157,014,200 2,359,954   148,872,829
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 605,460,526
b Net investment income (if negative, enter -0-) 28,949,204
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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.............   176,155 176,155
2 Savings and temporary cash investments......... 62,659,417 66,391,521 66,490,251
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow100,000,450
Less: allowance for doubtful accounts right arrow0 100,000,450 100,000,450 100,000,450
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)....... 129,551,003 Click to see attachment
List of Attached Documents:
// Content
885,674,605 		1,452,947,629
c Investments—corporate bonds (attach schedule)....... 391,538,766 Click to see attachment
List of Attached Documents:
// Content
371,299,378 		362,378,723
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 49,518,602 Click to see attachment
List of Attached Documents:
// Content
151,272,145 		179,653,619
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
4,330,635 		Click to see attachment
List of Attached Documents:
// Content
12,245,450
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 733,268,238 1,579,144,889 2,173,892,277
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 733,268,238 1,579,144,889
29 Total net assets or fund balances (see instructions)..... 733,268,238 1,579,144,889
30 Total liabilities and net assets/fund balances (see instructions). 733,268,238 1,579,144,889
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
733,268,238
2
Enter amount from Part I, line 27a .....................
2
605,460,526
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
240,573,602
4
Add lines 1, 2, and 3 ..........................
4
1,579,302,366
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
157,477
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,579,144,889
Form 990-PF (2023)
Form 990-PF (2023)
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 PUBLICLY TRADED SECURITIES P    
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 243,316,854   248,595,176 -5,278,322
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       -5,278,322
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 -5,278,322
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
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 right arrow 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) 1 402,394
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 0
3 Add lines 1 and 2........................... 3 402,394
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 402,394
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 272,880
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 550,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 822,880
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 4,080
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 416,406
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow416,406 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNE
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowN/A
14
The books are in care ofright arrowCHRISTI ANNIN Telephone no.right arrow (402) 502-1122

Located atright arrow10340 NORTH 84TH STREETOMAHANE ZIP+4right arrow681222216
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
MOGENS BAY TRUSTEE
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
GREG ABEL CHAIRMAN
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
MIKE FAUST TRUSTEE
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
CALVIN SISSON PRESIDENT & CEO
1.00 		15,675 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
RICH EAKIN VICE PRESIDENT
1.00 		4,948 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
CHRISTI ANNIN DIRECTOR OF FINANCE
1.00 		5,104 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
KAREN DIXON TRUSTEE
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
SANDRA PARKER TRUSTEE
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
AMY SCOTT TRUSTEE
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
W DAVID SCOTT TREASURER
1.00 		0 0 0
10340 NORTH 84TH STREET
OMAHA,NE681222216
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
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
DOLAN MCENIRY INVESTMENT 1,075,082
120 N LASALLE ST 1510
CHICAGO,IL60602
SUZANNE & WALTER SCOTT FOUNDATION SHARED SERVICES 1,000,000
10340 N 84TH ST
OMAHA,NE68122
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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  
2  
3  
4  
Part VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
1,682,424,202
b
Average of monthly cash balances.......................
1b
37,311,569
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,719,735,771
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
0
3
Subtract line 2 from line 1d.........................
3
1,719,735,771
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
25,796,037
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,693,939,734
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
84,696,987
Part X
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 IX, line 6..................
1
84,696,987
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
402,394
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
402,394
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
84,294,593
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
84,294,593
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
84,294,593
Part XI
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
148,872,829
b
Program-related investments—total from Part VIII-B..................
1b
0
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 XII, line 4. .......
4
148,872,829
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 84,294,593
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 16,244,230
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 148,872,829
a Applied to 2022, but not more than line 2a 16,244,230
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 84,294,593
e Remaining amount distributed out of corpus 48,334,006
5 Excess distributions carryover applied to 2023. 0 0
(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 48,334,006
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
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...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		48,334,006
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 48,334,006
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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).)
KAREN DIXON
SANDRA PARKER
AMY SCOTT
W DAVID SCOTT
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

WESTWOOD COMMUNITY CHURCH REFORMED CHURCH IN AMERICAN

13056 ATWOOD AVE
OMAHA,NE68144 		  501(C)(3) NEXT GENERATION 10,000

WESTSIDE COMMUNITY SCHOOLS FOUNDATION INC

1101 SOUTH 90TH STREET
OMAHA,NE68124 		  501(C)(3) NEXT GENERATION 20,000

MUSEUM OF NEBRASKA ART

2401 CENTRAL AVENUE
KEARNEY,NE68847 		  501(C)(3) CAPITAL CAMPAIGN 500,000

OMAHA SYMPHONY ASSOCIATION

1905 HARNEY STREET SUITE 400
OMAHA,NE68102 		  501(C)(3) GENERAL OPERATING SUPPORT 500,000

IGNITE PATHWAYS

313 WALKER STREET
WOODBINE,IA51579 		  501(C)(3) CAPITAL CAMPAIGN 500,000

ALASKA RAPTOR CENTER

1000 RAPTOR WAY
SITKA,AK99835 		  501(C)(3) CAPITAL CAMPAIGN 500,000

11TH STREET ENTERPRISES

1536 CUMING STREET
OMAHA,NE68102 		  501(C)(3) CAPITAL CAMPAIGN 500,000

PROJECT HARMONY

11949 Q STREET
OMAHA,NE68137 		  501(C)(3) CAPITAL CAMPAIGN 320,000

THE DURHAM MUSEUM

801 S 10TH STREET
OMAHA,NE68108 		  501(C)(3) CAPITAL CAMPAIGN 250,000

WM KECK OBSERVATORY

65-1120 MAMALAHOA HWY
KAMUELA,HI96743 		  501(C)(3) PROGRAM SUPPORT 250,000

NEBRASKA METHODIST HOSPITAL FOUNDATION

8701 WEST DODGE ROAD SUITE 450
OMAHA,NE68114 		  501(C)(3) NEXT GENERATION 200,000

UNIVERSITY OF NEBRASKA FOUNDATION

1010 LINCOLN MALL SUITE 300
LINCOLN,NE68508 		  501(C)(3) NEXT GENERATION & SCHOLARSHIPS 158,000

SEAL FAMILY FOUNDATION

300 CARLSBAD VILLAGE DR SUITE
108A-361
CARLSBAD,CA920082990 		  501(C)(3) EVENT & NEXT GENERATION 138,000

OMAHA PARKS FOUNDATION INC

11225 DAVENPORT STREET 108
OMAHA,NE68154 		  501(C)(3) NEXT GENERATION 100,000

NORTHEAST COMMUNITY COLLEGE FOUNDATION

801 E BENJAMIN AVE
NORFOLK,NE68701 		  501(C)(3) SCHOLARSHIPS 91,333

MASSACHUSETTS INSTITUTE OF TECH

77 MASSACHUSETTS AVE NE49-31
CAMBRIDGE,MA02139 		  501(C)(3) NEXT GENERATION 87,000

CSU STRATA

2537 RESEARCH BLVD STE 200
FORT COLLINS,CO80526 		  501(C)(3) CAPITAL CAMPAIGN 52,000

OMAHA CRIME STOPPERS

PO BOX 126
OMAHA,NE68101 		  501(C)(3) PROGRAM SUPPORT 50,000

FOOTPRINT PROJECT

1964 RAHNCLIFF COURT 22068
EAGAN,MN55122 		  501(C)(3) NEXT GENERATION 20,000

BLUE VALLEY EDUCATIONAL FOUNDATION

15020 METCALF
OVERLAND PARK,KS66223 		  501(C)(3) NEXT GENERATION 20,000

AMERICAN ACADEMY OF DIPLOMACY

1200 18TH ST NW
WASHINGTON,DC200362506 		  501(C)(3) PROGRAM SUPPORT 11,000

US CHAMBER OF COMMERCE FOUNDATION

1615 H STREET NW
WASHINGTON,DC20062 		  501(C)(3) CAPITAL CAMPAIGN 500,000

STRATEGIC AIR COMMAND & AEROSPACE MUSEUM

28210 W PARK HWY
ASHLAND,NE680033525 		  501(C)(3) GENERAL OPERATING SUPPORT 500,000

SHARE GOOD

6825 PINE STREET
OMAHA,NE68106 		  501(C)(3) GENERAL OPERATING SUPPORT 575,000

OPAS FOUNDATION

1200 DOUGLAS STREET
OMAHA,NE68102 		  501(C)(3) CAPITAL CAMPAIGN 15,050,646

UNIVERSITY OF NEBRASKA FOUNDATION

1010 LINCOLN MALL SUITE 300
LINCOLN,NE68508 		  501(C)(3) CAPITAL CAMPAIGN 10,024,406

JOSLYN ART MUSEUM

2200 DODGE STREET
OMAHA,NE68102 		  501(C)(3) CAPITAL CAMPAIGN 8,019,453

MENTAL HEALTH INNOVATION FOUNDATION

1550 MIKE FAHEY STREET
OMAHA,NE68102 		  501(C)(3) CAPITAL CAMPAIGN 6,014,500

OMAHA DISCOVERY TRUST

10050 REGENCY CIRCLE SUITE 101
OMAHA,NE68114 		  501(C)(3) CAPITAL CAMPAIGN 3,006,062

COMMUNITY ALLIANCE

4001 LEAVENWORTH STREET
OMAHA,NE681051026 		  501(C)(3) CAPITAL CAMPAIGN 2,997,564

CHILD SAVING INSTITUTE

4545 DODGE STREET
OMAHA,NE68132 		  501(C)(3) CAPITAL CAMPAIGN 2,989,594

OMAHA SYMPHONY ASSOCIATION

1905 HARNEY STREET SUITE 400
OMAHA,NE68102 		  501(C)(3) GENERAL OPERATING SUPPORT 2,004,953

US CHAMBER OF COMMERCE FOUNDATION

1615 H STREET NW
WASHINGTON,DC200620001 		  501(C)(3) CAPITAL CAMPAIGN 1,993,181

METROPOLITAN COMMUNITY COLLEGE FOUNDATION

PO BOX 3777
OMAHA,NE68103 		  501(C)(3) CAPITAL CAMPAIGN AND SCHOLARSHIPS 530,000

CENTRAL COMMUNITY COLLEGE FOUNDATION

201 FOUNDATION PLACE SUITE 200
HASTINGS,NE689014014 		  501(C)(3) CAPITAL CAMPAIGN & SCHOLARSHIPS 1,121,887

BROWNELL TALBOT SCHOOL

400 N HAPPY HOLLOW BLVD
OMAHA,NE68130 		  501(C)(3) CAPITAL CAMPAIGN 1,000,000

LAKE CUNNINGHAM DEVELOPMENT TRUST

10340 N 84TH STREET
OMAHA,NE68122 		  501(C)(3) CAPITAL CAMPAIGN 1,000,000

SINGER FOUNDATION

10340 N 84TH STREET
OMAHA,NE68122 		  501(C)(3) GENERAL OPERATING SUPPORT 1,000,000

STRATEGIC AIR COMMAND & AEROSPACE MUSEUM

28210 W PARK HWY
ASHLAND,NE680033525 		  501(C)(3) GENERAL OPERATING SUPPORT 998,475

HABITAT FOR HUMANITY OF OMAHA

1701 N 24TH STREET
OMAHA,NE68110 		  501(C)(3) CAPITAL CAMPAIGN 996,769

METROPOLITAN ENTERTAINMENT & CONVENTION AUTHORITY (DBA MECA)

455 N 10TH STREET
OMAHA,NE681021151 		  501(C)(3) CAPITAL CAMPAIGN 996,769

CHILDREN'S HOSPITAL & MEDICAL CENTER FOUNDATION

8404 INDIAN HILLS DRIVE SUITE 650
OMAHA,NE681144113 		  501(C)(3) CAPITAL CAMPAIGN 820,000

NORTHSTAR FOUNDATION

4242 NORTH 49TH AVENUE
OMAHA,NE68104 		  501(C)(3) NEXT GENERATION & CAPITAL CAMPAIGN 750,000

SOUTHEAST COMMUNITY COLLEGE EDUCATIONAL FOUNDATION

301 S 68TH ST PL 204
LINCOLN,NE68510 		  501(C)(3) SCHOLARSHIPS 687,973

DUCHESNE ACADEMY OF THE SACRED HEART

3601 BURT STREET
OMAHA,NE68131 		  501(C)(3) CAPITAL CAMPAIGN 1,002,297

THE HUB HOUSTON INC

4209 GALWAY LANE
HOUSTON,TX77080 		  501(C)(3) NEXT GENERATION 10,000

DONORSCHOOSEORG

134 W 37TH STREET 11TH FLOOR
NEW YORK,NY10018 		  501(C)(3) NEXT GENERATION 5,093

ST MARTINS EPISCOPAL CHURCH

717 SAGE RD
HOUSTON,TX77056 		  501(C)(3) NEXT GENERATION 5,000

NASHVILLE COACHING COALITION

2416 21ST AVENUE SOUTH SUITE 203A
NASHVILLE,TN37212 		  501(C)(3) NEXT GENERATION 5,000

MIAMI VALLEY CHILD DEVELOPMENT CENTERS INC

215 HORACE ST
DAYTON,OH45402 		  501(C)(3) NEXT GENERATION 5,000

BEST FRIENDS PET ASSISTED THERAPY INC

PO BOX 595
SPRINGFIELD,OH45501 		  501(C)(3) NEXT GENERATION 5,000

BOYS AND GIRLS CLUB OF VOLUSIA FLAGLER COUNTIES INC

101 N WOODLAND BLVD SUITE 400
DELAND,FL32720 		  501(C)(3) NEXT GENERATION 5,000

EAGLE COUNTY CHARTER ACADEMY EDUCATION FOUNDATION

1105 MILLER RANCH RD
EDWARDS,CO81632 		  501(C)(3) NEXT GENERATION 5,000

UNITYPOINT HEALTH - DES MOINES FOUNDATION

1415 WOODLAND AVENUE SUITE E200
DES MOINES,IA50309 		  501(C)(3) NEXT GENERATION 5,000

KARMA RESCUE INC

2632 WILSHIRE BLVD PMB 155
SANTA MONICA,CA90403 		  501(C)(3) NEXT GENERATION 5,000

COMMUNITY DEVELOPMENT INSTITUTE KANSAS

10065 E HARVARD AVE STE 700
DENVER,CO80231 		  501(C)(3) NEXT GENERATION 5,000

DOWNTOWN RIVERFRONT TRUST

10050 REGENCY CIRCLE SUITE 101
OMAHA,NE681143721 		  501(C)(3) CAPITAL CAMPAIGN 25,090,784

SUZANNE & WALTER SCOTT FOUNDATION

10340 N 84TH STREET
OMAHA,NE68122 		  501(C)(3) GENERAL OPERATING SUPPORT 51,633,203
Total .................................right arrow 3a 145,640,942
bApproved for future payment

BOYS AND GIRLS CLUB OF THE MIDLANDS
2610 HAMILTON ST
OMAHA,NE68131 		  501(C)(3) PROGRAM SUPPORT 500,000

CHARLES E LAKIN HUMAN SERVICES CAMPUS FOUNDATION
N 16TH ST
COUNCIL BLUFFS,IA51501 		  501(C)(3) PROGRAM SUPPORT 500,000

KANEKO
1111 JONES ST
OMAHA,NE68102 		  501(C)(3) PROGRAM SUPPORT 150,000

LAKE CUNNINGHAM DEVELOPMENT TRUST
10340 N 84TH STREET
OMAHA,NE68122 		  501(C)(3) PROGRAM SUPPORT 3,000,000

OMAHA COMMUNITY PLAYHOUSE
6915 CASS ST
OMAHA,NE68132 		  501(C)(3) PROGRAM SUPPORT 750,000

SHARE GOOD
6825 PINE STREET
OMAHA,NE68106 		  501(C)(3) PROGRAM SUPPORT 1,000,000

SOUTHEAST COMMUNITY COLLEGE EDUCATIONAL FOUNDATION
301 S 68TH ST PL 204
LINCOLN,NE68510 		  501(C)(3) PROGRAM SUPPORT 250,000
Total ................................. right arrow 3b 6,150,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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
a
b
c
d
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 ....     14 21,356,783  
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 .....     18 9,952,375  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -5,278,322  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGOLDENROD CAPITAL PARTNERS 		523000        
bWALTER SCOTT JR ADMIN TRUST 523000        
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 26,030,836 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
26,030,836
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
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
2023
Name of the organization
WALTER SCOTT FAMILY FOUNDATION
 
Employer identification number

47-1116371
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
WALTER SCOTT FAMILY FOUNDATION
  		Employer identification number
47-1116371
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
WALTER SCOTT JR ADMIN TRUST
 
10340 N 84TH ST
 
OMAHA, NE68122

$ 4,849,298


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
WALTER SCOTT JR ADMIN TRUST
 
10340 N 84TH ST
 
OMAHA, NE68122

$ 26,187,450


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
WALTER SCOTT JR ADMIN TRUST
 
10340 N 84TH ST
 
OMAHA, NE68122

$ 27,937,378


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
WALTER SCOTT JR ADMIN TRUST
 
10340 N 84TH ST
 
OMAHA, NE68122

$ 665,123,789


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
WALTER SCOTT JR ADMIN TRUST
 
10340 N 84TH ST
 
OMAHA, NE68122

$ 12,345,975


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
WALTER SCOTT FAMILY FOUNDATION
  		Employer identification number

47-1116371
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
 VANGUARD STOCK MARKET SHARES $ 4,849,298 2023-11-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 BERK-A STOCK $ 26,187,450 2023-11-02
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 BHE STOCK $ 665,123,789 2023-11-30
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 THE SUMMIT CONTENTS, BUILDING, OFFICE SUPPLIES, ARTWORK $ 12,345,975 2023-12-31
(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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
WALTER SCOTT FAMILY FOUNDATION
  		Employer identification number

47-1116371
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 18,000 0   0

TY 2023 InvestmentsCorpBondsSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Name of Bond End of Year Book Value End of Year Fair Market Value
AECOM 5.125 03/15/2027 8,098,819 7,365,583
ALTRIA GROUP INC 4.800 02/14/2029 6,906,778 6,751,394
AMERICAN TOWER CORP 4.000 06/01/2025 3,819,557 3,691,639
AMERICAN TOWER CORP SR GLBL NT 3.375% DUE 10/15/2026 1,295,495 1,155,239
AT&T INC SR GLB 3.80% DUE 02/15/2027 1,770,974 1,551,745
AT T INC 4.100 02/15/2028 5,264,405 4,609,641
BAT CAP CORP SR NT 4.906 04/02/2030 2,733,665 2,837,662
BLOCK FINL LLC 2.500 07/15/2028 1,322,249 1,208,467
BLOCK FINL LLC CR 3.875 08/15/2030 1,776,334 1,858,325
BLOOMIN BRANDS INC OSI RESTA SER 144A 5.125 04/15/2029 7,051,601 6,537,970
BROADCOM CAYMAN SR GLBL NT 3.875% DUE 01/15/2027 4,784,717 4,913,707
BROADCOM INC SR GLBL NT 26 3.459 09/15/2026 2,953,664 2,975,582
CARLISLE COS INC 3.500 12/01/2024 5,620,864 5,641,271
CDW LLC CDW FIN CORP SR GLBL NT 3.25% DUE 02/15/2029 409,179 371,246
CDW LLC CDW FINANCE 4.125 05/01/2025 1,256,271 1,227,423
CDW LLC CDW FINANCE 4.250 04/01/2028 6,682,582 6,353,249
CROWN AMER CAP CORP V 4.250 09/30/2026 3,128,398 2,882,840
DAVITA INC SR SER 144A 4.625 06/01/2030 6,807,525 7,361,311
DISCOVERY COMMUNICATIONS 3.950 03/20/2028 5,731,450 4,965,055
DISCOVERY COMMUNICATIONS 4.125 05/15/2029 859,379 886,804
DOLLAR TREE INC 4.000 05/15/2025 2,625,843 2,463,816
DOLLAR TREE INC 4.200 05/15/2028 3,219,085 2,887,945
ELANCO ANIMAL HEALTH INC 4.900 08/28/2028 4,694,153 4,979,929
ENCOMPASS HEALTH CORP 4.500 02/01/2028 8,521,930 7,894,227
EXPEDIA GROUP INC 3.250 02/15/2030 4,998,020 5,213,330
EXPEDIA INC 3.800 02/15/2028 738,352 771,232
GLOBAL PAYMENTS INC 2.650 02/15/2025 6,352,184 6,031,963
HCA INC 5.375 09/01/2026 646,290 599,740
HCA INC 5.625 09/01/2028 7,875,115 7,060,230
KRAFT HEINZ FOODS CO 3.875 05/15/2027 7,251,537 6,729,406
L BRANDS INC 7.500 06/15/2029 2,111,927 2,235,018
LAMAR MEDIA CORP 3.750 02/15/2028 8,091,139 7,533,239
MICROCHIP TECHNOLOGY INC 4.250 09/01/2025 7,466,121 7,112,035
MOLSON COORS BREWING CO 3.000 07/15/2026 7,481,348 6,957,023
MOTOROLA SOLUTIONS INC 4.000 09/01/2024 385,820 377,928
MOTOROLA SOLUTIONS INC 4.600 02/23/2028 2,011,528 1,934,030
MOTOROLA SOLUTIONS INC 4.600 05/23/2029 1,413,506 1,464,487
NEWELL BRANDS INC 6.625 09/15/2029 848,020 868,512
NORDSTROM INC 4.250 08/01/2031 5,329,738 5,945,329
NORDSTROM INC 4.375 04/01/2030 1,524,638 1,622,308
OLIN CORP 5.625 08/01/2029 6,536,798 6,982,190
ORACLE CORP 6.250 11/09/2032 6,048,575 6,490,352
QORVO INC 4.375 10/15/2029 7,468,719 6,666,866
QVC INC 4.450 02/15/2025 2,178,102 2,100,497
QVC INC 4.850 04/01/2024 4,512,624 4,454,775
REYNOLDS AMERICAN INC SR GLBL NT 4.45% DUE 06/12/2025 3,447,028 3,409,704
SBA COMMUNICATIONS CORP SER 144A 3.125 02/01/2029 7,031,822 6,916,653
SERVICE CORP INTL 4.625 12/15/2027 2,908,356 2,768,018
SERVICE CORP INTL 5.125 06/01/2029 4,999,514 4,592,280
SILGAN HOLDINGS INC 4.125 02/01/2028 8,630,848 8,067,223
SIRIUS XM RADIO INC SER 144A 5.500 07/01/2029 6,642,335 7,124,570
TEGNA INC 4.625 03/15/2028 8,431,048 7,759,319
TELEFLEX INCORPORATED SR GLBL NT 4.625% DUE 11/15/2027 3,635,300 3,379,853
TELEFLEX INC SER 144A 4.250 06/01/2028 3,322,276 3,102,117
TEMPUR SEALY INTL SER 144A 4.000 04/15/2029 698,368 738,809
TENET HEALTHCARE CORP 6.125 10/01/2028 4,147,748 4,465,327
TOTAL SYSTEM SERVICES IN 4.800 04/01/2026 740,432 733,547
TRANSDIGM INC 5.500 11/15/2027 6,613,054 6,873,786
TREEHOUSE FOODS INC SR GLBL NT 4.00% DUE 09/01/2028 6,519,306 6,445,954
U S TREASURY NOTE 0.750 03/31/2026 349,194 327,503
UNITED RENTALS NORTH AM 5.500 05/15/2027 4,003,859 3,863,520
VONTIER CORPORATION 2.950 04/01/2031 3,717,107 3,898,438
WABTEC 4.700 09/15/2028 6,975,719 6,522,455
WESCO DISTR INC SR 144A SER 144A 7.125 06/15/2025 3,486,232 3,483,243
WILLIS NORTH AMER INC SR GLBL 3.60% DUE 05/15/2024 2,253,307 2,264,047
WILLIS NORTH AMERICA INC 4.500 09/15/2028 2,120,605 1,993,503
YUM BRANDS INC SR NT 3.625 03/15/2031 2,161,938 2,333,833
ALLEGION US HOLDING CO 3.200 10/01/2024 2,504,713 2,475,126
ALTRIA GROUP INC 4.400 02/14/2026 2,271,907 2,226,981
AMERICAN TOWER CORP 4.000 06/01/2025 2,400,513 2,288,246
BECTON DICKINSON AND CO 3.363 06/06/2024 689,204 687,296
BROADCOM CRP CAYMN FI 3.625 01/15/2024 2,272,721 2,268,911
CARLISLE COS INC 3.500 12/01/2024 996,119 975,034
CARRIER GLOBAL CORPORATION 2.242 02/15/2025 2,461,829 2,355,761
CDW LLC CDW FINANCE 5.500 12/01/2024 2,687,364 2,642,289
CONAGRA BRANDS INC 4.300 05/01/2024 2,277,530 2,244,993
CROWN AMER CAP CORP V 4.250 09/30/2026 892,936 837,110
CROWN AMER CAP CORP VI 4.750 02/01/2026 2,096,000 2,074,107
DISCOVERY COMMUNICATIONS 4.900 03/11/2026 652,179 665,079
DOLLAR TREE INC 4.000 05/15/2025 1,475,142 1,414,486
ELANCO ANIMAL HEALTH INC 4.900 08/28/2028 677,156 724,297
EXPEDIA INC 5.000 02/15/2026 2,373,265 2,365,372
FISERV INC 2.750 07/01/2024 2,803,772 2,739,396
GENUINE PARTS CO 6.500 11/01/2028 289,393 288,842
GLOBAL PAYMENTS INC 2.650 02/15/2025 349,795 355,619
GLOBAL PMTS INC 1.200 03/01/2026 1,946,824 2,009,219
HCA INC 5.375 09/01/2026 2,848,072 2,698,329
HILLENBRAND INC SR NT 5.750 06/15/2025 2,889,064 2,861,419
KLA TENCOR CORP 4.650 11/01/2024 2,631,657 2,557,639
KRAFT HEINZ FOODS CO 3.000 06/01/2026 2,441,193 2,285,458
MICROCHIP TECHNOLOGY INC 4.250 09/01/2025 2,984,717 2,875,937
MOTOROLA SOLUTIONS INC 4.000 09/01/2024 2,459,527 2,391,235
OLIN CORP 5.125 09/15/2027 2,329,289 2,425,789
ORACLE CORP 3.400 07/08/2024 2,361,714 2,317,610
QVC INC 4.450 02/15/2025 3,130,478 3,176,087
SALLY HOLDINGS SALLY CAP 5.625 12/01/2025 2,919,440 2,892,723
SBA COMMUNICATIONS CORP 3.875 02/15/2027 2,948,634 2,801,224
SERVICE CORP INTL 4.625 12/15/2027 2,931,000 2,835,743
STEEL DYNAMICS INC SR NT 2.400 06/15/2025 2,374,397 2,236,672
TEGNA INC 4.625 03/15/2028 2,809,245 2,981,551
TELEFLEX INC 4.625 11/15/2027 491,991 509,359
TENET HEALTHCARE CORP 6.125 10/01/2028 2,895,715 3,016,439
TRANSDIGM INC 5.500 11/15/2027 937,811 978,750
TRIMBLE NAVIGATION LTD 4.750 12/01/2024 2,325,319 2,247,005
UNITED RENTALS NORTH AM 4.875 01/15/2028 650,642 679,463
UNITED RENTALS NORTH AM 5.500 05/15/2027 2,160,146 2,151,745
VONTIER CORPORATION 1.800 04/01/2026 2,321,003 2,360,870
WABTEC 4.150 03/15/2024 2,381,969 2,362,962
WILLIS NORTH AMERICA INC 3.600 05/15/2024 1,427,117 1,405,988
ZIMMER HOLDINGS INC 3.550 04/01/2025 1,548,075 1,560,867
WESCO DISTR INC SR 144A SER 144A 7.125 06/15/2025 2,542,387 2,543,433

TY 2023 InvestmentsCorpStockSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Name of Stock End of Year Book Value End of Year Fair Market Value
BERKSHIRE HATHAWAY ENERGY CO 784,142,786 1,212,387,054
BERKSHIRE HATHAWAY INC CL B 66,685,509 200,638,013
TETRAD CORPORATION CLASS B 13,865,810 12,791,310
BERKSHIRE HATHAWAY INC CL A 20,980,500 27,131,252

TY 2023 InvestmentsOtherSchedule2
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS AT COST 151,272,145 179,653,619

TY 2023 LegalFeesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 20,715 0   0


TY 2023 OtherAssetsSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BUILDING   4,200,000 4,200,000
OFFICE FURNITURE & EQUIPMENT   130,635 130,635
ARTWORK 0 0 7,914,815


TY 2023 OtherDecreasesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Description Amount
ACCRUAL TO CASH 157,477


TY 2023 OtherExpensesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GENERAL OVERHEAD EXPENSES 100,525 0   100,525
PROGRAM-RELATED EXPENSES 131,362 0   131,362
PURCHASES OF ART 7,914,815 0   2,500,000


TY 2023 OtherIncomeSchedule2
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 9,952,375 9,952,375 9,952,375


TY 2023 OtherIncreasesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Description Amount
K-1 CAPITAL ACCOUNT ADJUSTMENT 43,044,822
COST TO FMV DIFFERENCE ON CONTRIBUTIONS 86,540,161
COST TO FMV DIFFERENCE ON DISTRIBUTIONS 110,988,619


TY 2023 OtherProfessionalFeesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 2,859,954 2,359,954   500,000


TY 2023 TaxesSchedule
Name:
WALTER SCOTT FAMILY FOUNDATION
EIN:
47-1116371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 327,887 0   0