Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
SEQUOIA FARM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 1053 W ROTARY WAY SUITE A
 
Room/suite
City or town
DECATUR
State or province
IL
Country  
ZIP or foreign postal code
62521
A Employer identification number

45-5160833
B Telephone number (see instructions)

2174239286
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$44,095,735
J 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) 750,000
2 Check .................
3 Interest on savings and temporary cash investments 17,675 17,675 17,675
4 Dividends and interest from securities... 1,264,152 1,264,152 1,264,152
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -66,970
b Gross sales price for all assets on line 6a 1,478,899
7 Capital gain net income (from Part IV, line 2)...  
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)....... 983,852    
12 Total. Add lines 1 through 11........ 2,948,709 1,281,827 1,281,827
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 402     402
14 Other employee salaries and wages...... 1,106,000     1,106,000
15 Pension plans, employee benefits....... 205,398     205,398
16a Legal fees (attach schedule)......... 45,390     45,390
b Accounting fees (attach schedule)....... 8,997     8,997
c Other professional fees (attach schedule).... 1,214     1,214
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 345,918     345,918
19 Depreciation (attach schedule) and depletion... 1,335,792    
20 Occupancy.............. 123,878     123,878
21 Travel, conferences, and meetings....... 195,038     195,038
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 704,185     704,185
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,072,212 0   2,736,420
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 ................ 4,072,212 0   2,736,420
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,123,503
b Net investment income (if negative, enter -0-) 1,281,827
c Adjusted net income (if negative, enter -0-)... 1,281,827
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 170,345 201,377 201,377
2 Savings and temporary cash investments......... 888,997 729,175 729,175
3 Accounts receivable 83,232
Less: allowance for doubtful accounts   83,906 83,232 83,232
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 770 14,183  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 61,945,925    
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 64,899,780
Less: accumulated depreciation (attach schedule) 21,846,464 42,646,998 Click to see attachment
List of Attached Documents:
// Content
43,053,316
43,053,316
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
1,574,582
Click to see attachment
List of Attached Documents:
// Content
28,635
Click to see attachment
List of Attached Documents:
// Content
28,635
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 107,311,523 44,109,918 44,095,735
Liabilities 17 Accounts payable and accrued expenses.......... 7,700 5,753
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 )    
23 Total liabilities (add lines 17 through 22)......... 7,700 5,753
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
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 107,303,823 44,104,165
29 Total net assets or fund balances (see instructions)..... 107,303,823 44,104,165
30 Total liabilities and net assets/fund balances (see instructions). 107,311,523 44,109,918
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
107,303,823
2
Enter amount from Part I, line 27a .....................
2
-1,123,503
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
106,180,320
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
62,076,155
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
44,104,165
Form 990-PF (2025)
Form 990-PF (2025)
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 INVESTMENT IN RELATED ENTITY P 2019-01-01 2025-02-22
b MACH & EQUIP - AZ FARM P 2013-10-21 2025-11-24
c ROLLA CONE CLSR - AZ FARM P 2013-10-28 2025-03-25
d FARM EQUIP - AZ P 2012-07-01 2025-09-24
e FARM EQUIP - AZ P 2012-07-01 2025-02-19
FARM EQUIP - AZ P 2012-07-01 2025-09-30
FARM EQUIP - AZ P 2012-07-01 2025-05-30
OTHER EQUIP - AZ P 2012-12-01 2025-10-16
EQUIP - AZ P 2016-06-30 2025-10-16
DRIVING SIMULATOR P 2014-06-19 2025-12-31
(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 1,280,749   1,545,869 -265,120
b 2,100 2,993 2,993 2,100
c 4,200 5,300 5,300 4,200
d 1,700 2,441 2,441 1,700
e 52,900 125,600 125,600 52,900
9,000 15,160 15,160 9,000
82,000 23,800 23,800 82,000
17,850 25,900 25,900 17,850
28,400 32,495 32,495 28,400
  101,000 101,000  
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       -265,120
b       2,100
c       4,200
d       1,700
e       52,900
      9,000
      82,000
      17,850
      28,400
       
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 -66,970
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 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 17,817
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  
3 Add lines 1 and 2........................... 3 17,817
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 17,817
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 32,000
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 32,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 14,183
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax14,183 Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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
Yes
 
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:
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)
AZ, IL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofCHARLOTTE RYAN Telephone no. (217) 362-8604

Located at1053 W ROTARY WAY SUITE ADECATURIL ZIP+462521
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
HOWARD G BUFFETT President
2.00
0   402
1053 W ROTARY WAY SUITE A
DECATUR,IL62521
CHARLOTTE RYAN Treasurer
1.00
0    
1053 W ROTARY WAY SUITE A
DECATUR,IL61521
TRISHA A COOK Secretary
1.00
0    
1053 W ROTARY WAY SUITE A
DECATUR,IL62521
ANN KELLY BOLTON Director
1.00
0    
1053 W ROTARY WAY SUITE A
DECATUR,IL62521
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
J DOUGLAS OLLER CHIEF OP OFFICER
50.00
216,170 265,887  
689 E 1100 N ROAD
PANA,IL62557
TRACY COLEMAN SR OPS MGR
40.00
126,788 15,665  
RR 1 BOX 183A
FINDLAY,IL62534
SCOTT WOODS FARM RESOURCE MGR
40.00
110,250 15,311  
333 W SAMUEL ST
ASSUMPTION,IL62510
LUCAS BINGER ASST FARM MGR
40.00
104,448 15,608  
1409 W QUAIL RUN LANE
WILLCOX,AZ85643
ASHLEY PETERSON RANCH FIELD ASST
40.00
94,780 20,583  
5260 W BRANDING IRON TRL
BISBEE,AZ85603
Total number of other employees paid over $50,000................... 4
Form 990-PF (2025)
Form 990-PF (2025)
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
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 THE FOUNDATION CONDUCTS AGRICULTURAL RESEARCH EXPERIMENTS WITH A FOCUS ON WATER-USE EFFICIENCY, SOIL MANAGEMENT, AND COVER CROP USE TO REDUCE THE DEPENDENCY ON SYNTHETIC FERTILIZERS, RESEARCH WHICH CAN BE APPLIED IN BOTH DEVELOPED COUNTRIES AND IN DEVELOPING COUNTRIES TO BENEFIT SMALL-SCALE AND SUBSISTENCE FARMERS.THE FOUNDATION OWNS RANCHES AND FARMS IN CLOSE PROXIMITY TO THE US/MEXICO BORDER, ALLOWING IT TO ALSO CONDUCT RESEARCH ON HOW HUMAN TRAFFIC (DRUG TRAFFICKERS, ECONOMIC MIGRANTS, AND MIGRANTS FLEEING VIOLENCE IN THEIR HOME COUNTRIES) CROSSING INTO THE US ILLEGALLY AFFECTS BORDER SECURITY AND FARM AND RANCH OPERATIONS IN CLOSE PROXIMITY TO THE US/MEXICO BORDER. THE FOUNDATION'S BORDER PROPERTIES ALSO SERVE AS EDUCATION SITES FOR VISITING POLICY MAKERS WORKING ON BORDER-RELATED ISSUES.During 2022 the Foundation expanded its mission to include primarily advice and staff time to support Agricultural-focused and other humanitarian relief efforts in Ukraine. Foundation representativ 3,242,163
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.........................  
Form 990-PF (2025)
Form 990-PF (2025)
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
52,110,033
b
Average of monthly cash balances.......................
1b
948,896
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
53,058,929
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
53,058,929
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
795,884
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
52,263,045
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,613,152
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
 
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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, line 26, column (d) ..........
1a
2,736,420
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
505,743
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
3,242,163
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2024
(c)
2024
(d)
2025
1 Distributable amount for 2025 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $  
a Applied to 2024, 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) ........
 
d Applied to 2025 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(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  
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 ..........
 
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 2020 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ......
 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
2013-04-10
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) 2025 (b) 2024 (c) 2023 (d) 2022
1,281,827 2,041,134 1,760,085 1,914,890 6,997,936
b 85% (0.85) of line 2a ....... 1,089,553 1,734,964 1,496,072 1,627,657 5,948,246
c Qualifying distributions from Part XI,
line 4 for each year listed .....
3,242,163 3,596,146 3,359,722 7,506,386 17,704,417
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 ....
3,242,163 3,596,146 3,359,722 7,506,386 17,704,417
3 Complete 3a, 3b, or 3c 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 ..
1,742,101 2,198,152 1,876,447 1,462,584 7,279,284
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).)
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
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 (2025)
Form 990-PF (2025)
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
Total ................................. 3a  
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
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
aCREDIT CARD REWARDS         4,900
bGRAIN SALES         259,562
cINSURANCE REFUND         213
dLEASE INCOME         718,877
eSCRAP SALES         300
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 17,675  
4 Dividends and interest from securities ....     14 1,264,152  
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 ............
        -66,970
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) ..   1,281,827 916,882
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,198,709
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022934
Software Version: 2025v4.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
SEQUOIA FARM FOUNDATION
 
Employer identification number

45-5160833
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
SEQUOIA FARM FOUNDATION
 
Employer identification number
45-5160833
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
HOWARD G BUFFETT FOUNDATION
1053 W ROTARY WAY SUITE A
 
DECATUR, IL62521

$ 750,000


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
SEQUOIA FARM FOUNDATION
 
Employer identification number

45-5160833
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
SEQUOIA FARM FOUNDATION
 
Employer identification number

45-5160833
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID: 25022934
Software Version: 2025v4.1

TY 2025 AccountingFeesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HJERPE & TENNISON CPAS 7,026 0 0 7,026
PAYROLL NETWORK 1,971 0 0 1,971

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

TY 2025 DepreciationSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BLDG & IMPR - IL FARM 2012-07-01 94,577 30,213 SL 2.56 % 2,425      
BLDG & IMPR - IL FARM 2012-07-02 54,896 17,596 SL 2.56 % 1,408      
IMPROVEMENTS - IL FARM 2012-07-01 7,625 6,362 SL 6.67 % 509      
BLDG & IMPR - IL FARM 2012-07-01 74,265 23,722 SL 2.56 % 1,904      
IMPROVEMENTS - IL FARM 2013-06-30 298,773 229,181 SL 6.67 % 19,928      
IMPROVEMENTS - AZ FARM 2015-10-28 3,510 2,223 SL 6.67 % 234      
IMPROVEMENTS - IL FARM 2015-11-18 58,973 37,363 SL 6.67 % 3,933      
IMPROVEMENTS - IL FARM 2015-10-01 2,910 1,845 SL 6.67 % 194      
IMPROVEMENTS 2015-11-30 5,500 3,486 SL 6.67 % 367      
BLDG & IMPR - AZ FARM 2015-02-20 22,283 14,116 SL 6.67 % 1,486      
IMPROVEMENTS - AZ FARM 2015-08-31 58,356 36,974 SL 6.67 % 3,892      
BLDG & IMPR - AZ FARM 2015-06-16 317,534 201,194 SL 6.67 % 21,180      
BLDG & IMPR - IL FARM 2015-11-18 42,266 26,778 SL 6.67 % 2,819      
IMPROVEMENTS - AZ FARM 2016-09-07 10,076 5,712 SL 6.67 % 672      
IMPROVEMENTS - AZ FARM 2016-07-01 53,276 30,206 SL 6.67 % 3,554      
IMPROVEMENTS - AZ FARM 2016-07-01 310,433 175,985 SL 6.67 % 20,706      
IMPROVEMENTS - AZ FARM 2016-07-01 33,395 18,928 SL 6.67 % 2,227      
IMPROVEMENTS - AZ FARM 2016-07-01 540,328 306,313 SL 6.67 % 36,040      
BLDG & IMPR - AZ FARM 2017-04-25 16,993 8,497 SL 6.67 % 1,133      
BLDG & IMPR - IL FARM 2017-11-28 30,383 15,201 SL 6.67 % 2,027      
LAND IMPROV - AZ FARM 2017-10-03 39,200 19,610 SL 6.67 % 2,615      
LAND IMPROV - AZ FARM 2017-01-24 3,780 1,890 SL 6.67 % 252      
BLDG & IMPR - AZ FARM 2017-02-18 16,687 8,347 SL 6.67 % 1,113      
BLDG &IMPR - AZ FARM 2017-03-25 82,137 41,088 SL 6.67 % 5,479      
CAP PROJECTS - AZ FARM 2017-06-30 1,052,615 526,515 SL 6.67 % 70,209      
CAP PROJECTS - AZ FARM 2017-06-30 505,750 252,979 SL 6.67 % 33,734      
CAP PROJECTS - TX 2017-11-13 111,142 55,592 SL 6.67 % 7,413      
BLDG & IMPR (AG) 2017-06-29 1,394,030 269,592 SL 2.56 % 35,743      
CAPITAL PROJECTS (AG) 2017-06-30 146,742 73,403 SL 6.67 % 9,788      
JD 60G SNX9500 2018-07-31 70,900 65,840 SL 7.14 % 5,060      
JD MP84B SNX0318 2018-07-31 4,700 4,366 SL 7.14 % 334      
JD 333G SNX4049 2018-07-31 65,900 61,195 SL 7.14 % 4,705      
JD T213143 SNX0286 2018-07-31 1,800 1,671 SL 7.14 % 129      
JD 3033R COMPACT UTILITY 2018-06-16 22,200 20,613 SL 7.14 % 1,587      
JD 72D MOWER SNX1092 2018-06-16 4,000 3,716 SL 7.14 % 284      
JD 7230R SNX1774 2018-07-11 157,900 146,626 SL 7.14 % 11,274      
JD H480 LOADER SNX5982 2018-07-11 15,600 14,486 SL 7.14 % 1,114      
IMPROVEMENTS 2018-05-08 75,619 32,782 SL 6.67 % 5,044      
BLDG & IMPR 2018-05-08 156,729 67,943 SL 6.67 % 10,454      
IMPROVEMENTS 2018-10-15 10,864 10,777 SL 7.14 % 87      
EQUIPMENT - IL 2018-06-26 5,807 5,393 SL 7.14 % 414      
EQUIPMENT - IL 2018-04-28 14,500 13,465 SL 7.14 % 1,035      
EQUIPMENT - IL 2018-10-24 3,883 3,605 SL 7.14 % 278      
IMPROVEMENTS - AZ FARM 2018-07-12 5,672 2,457 SL 6.67 % 378      
IMPROVEMENTS - AZ FARM 2018-11-29 5,481 2,379 SL 6.67 % 366      
IMPROVEMENTS - IL FARM 2018-10-22 13,410 5,811 SL 6.67 % 894      
BLDG & IMPR - AZ FARM 2018-06-30 504,671 218,778 SL 6.67 % 33,662      
IMPROVEMENTS - AZ FARM 2018-06-30 46,431 43,115 SL 7.14 % 3,316      
EQUIP - AZ 2018-06-30 33,581 31,184 SL 7.14 % 2,397      
EQUIP - AZ 2018-08-08 30,677 28,488 SL 7.14 % 2,189      
BLDG & IMPR - AZ FARM 2018-06-30 337,945 146,500 SL 6.67 % 22,541      
LAND IMPROV - AZ FARM 2018-04-11 56,628 24,548 SL 6.67 % 3,777      
LAND IMPROV - AZ FARM 2018-02-23 17,485 7,578 SL 6.67 % 1,166      
LAND IMPROV - AZ FARM 2018-03-19 10,765 4,666 SL 6.67 % 718      
LAND IMPROV - AZ FARM 2018-06-11 6,449 2,795 SL 6.67 % 430      
BLDG & IMPR - AZ FARM 2018-12-20 7,372 3,197 SL 6.67 % 492      
K-9 EQUIP - AZ 2018-07-06 7,053 6,550 SL 7.14 % 503      
COMPUTER - AZ 2018-03-08 6,075 5,642 SL 7.14 % 433      
2018 FORD F350 VIN#0222 2018-04-02 55,025 51,097 SL 7.14 % 3,928      
VEHICLE PARTS - AZ 2018-10-23 2,563 2,379 SL 7.14 % 184      
POLARIS - AZ 2018-03-29 11,929 11,078 SL 7.14 % 851      
TAGLI TRAILER - AZ 2018-04-14 4,840 4,496 SL 7.14 % 344      
TAGLI TRAILER - AZ 2018-06-14 9,680 8,987 SL 7.14 % 693      
BINOCULARS (3) 2018-02-08 5,352 4,970 SL 7.14 % 382      
EQUIPMENT 2018-02-08 7,585 7,044 SL 7.14 % 541      
CAMERA KITS - AZ 2018-09-26 186,107 172,820 SL 7.14 % 13,287      
X80 CAMERAS - AZ 2018-05-14 25,878 24,030 SL 7.14 % 1,848      
CAMERAS 2018-12-18 20,111 18,676 SL 7.14 % 1,435      
EQUIPMENT 2018-05-14 4,596 4,268 SL 7.14 % 328      
LAND IMPROV - TX 2018-06-27 162,838 70,188 SL 6.67 % 10,861      
BLDG & IMPR - AZ FARM 2018-06-30 191,091 82,839 SL 6.67 % 12,746      
EQUIPMENT 2018-11-21 1,059 982 SL 7.14 % 77      
LAND IMPROV (AG) 2018-08-28 61,000 26,445 SL 6.67 % 4,069      
FURN & FIX (AG) 2018-03-29 12,923 12,001 SL 7.14 % 922      
BLDG & IMPR (AG) 2018-03-29 30,140 13,064 SL 6.67 % 2,010      
IMPROVEMENTS - AZ FARM 2018-06-30 48,491 45,028 SL 7.14 % 3,463      
EQUIPMENT - AZ 2018-06-30 14,578 13,537 SL 7.14 % 1,041      
BLDG & IMPR - AZ FARM 2018-06-30 139,141 60,332 SL 6.67 % 9,281      
EQUIPMENT 2018-12-13 2,132 1,980 SL 7.14 % 152      
IMPROVEMENTS - AZ FARM 2019-05-23 46,801 17,168 SL 6.67 % 3,122      
IMPROVEMENTS - AZ FARM 2019-01-10 2,861 2,249 SL 14.29 % 409      
EZ TRAIL 21' HEAD J172481 2019-08-14 2,950 2,319 SL 14.29 % 422      
JD 1590 NO TILL DRILL 2019-02-28 56,900 44,706 SL 14.29 % 8,131      
FLOW SENSORS - IL 2019-04-02 3,198 2,513 SL 14.29 % 457      
IL RADIO EQUIP 2019-11-19 1,190 935 SL 14.29 % 170      
2019 IL AUTO PARTS 2019-03-14 2,706 2,126 SL 14.29 % 387      
JD 708C CORN HEAD - IL 2019-08-14 62,700 49,265 SL 14.29 % 8,960      
JD 620F PLATFORM - IL 2019-08-14 32,400 25,457 SL 14.29 % 4,630      
EZ TRAIL 21' HEAD J172481 2019-08-14 2,950 2,319 SL 14.29 % 422      
JD GATOR 855M 2019-07-10 17,134 13,461 SL 14.29 % 2,448      
1996 KARAVAN TRAILER 0037 2019-06-14 2,500 1,964 SL 14.29 % 357      
2005 JD BUCK ATV 0116 2019-06-14 6,000 4,713 SL 14.29 % 857      
LAND IMPROV - AZ 2019-08-19 23,135 8,485 SL 6.67 % 1,543      
LAND IMPROV - AZ 2019-05-02 3,000 1,100 SL 6.67 % 200      
EQUIPMENT - AZ 2019-07-02 6,508 5,113 SL 14.29 % 930      
EQUIPMENT 2019-04-02 2,130 1,672 SL 14.29 % 304      
CAP PROJECTS - AZ FARM 2019-08-27 59,395 21,788 SL 6.67 % 3,962      
CAP PROJECTS - AZ FARM 2019-06-30 290,414 106,465 SL 6.67 % 19,371      
LAND IMPROV - TX 2019-03-20 8,195 3,008 SL 6.67 % 547      
CAP PROJECTS - AZ FARM 2019-06-30 54,312 19,924 SL 6.67 % 3,623      
CAPITAL PROJECTS (AG) 2019-09-05 13,800 5,060 SL 6.67 % 920      
PIVOT 10 2013-07-25 37,236 28,562 SL 6.67 % 2,484      
JD S760 - IL FARM 2020-01-09 397,741 255,707 SL 14.28 % 56,797      
SCAG CHEETAH - IL FARM 2020-05-20 10,507 6,753 SL 14.28 % 1,500      
SCAG CHEETAH - IL FARM 2020-05-20 10,507 6,753 SL 14.28 % 1,500      
VEHICLE PARTS - IL 2020-10-15 3,593 3,235 SL 10.00 % 358      
CAPITAL EXP - AZ FARM 2020-12-31 3,281 2,624 SL 10.00 % 328      
IMPROVEMENTS - IL FARM 2020-03-18 1,000 301 SL 6.67 % 67      
ROTO TILLER - IL FARM 2020-10-19 1,530 1,377 SL 10.00 % 153      
LADDERS - IL FARM 2020-03-09 2,300 2,070 SL 10.00 % 230      
LADDERS - AZ FARM 2020-03-09 2,300 2,070 SL 10.00 % 230      
LAND IMPROV - TX 2020-08-06 43,478 13,048 SL 6.67 % 2,900      
EQUIPMENT - AZ 2020-08-13 2,364 1,521 SL 14.28 % 338      
EQUIPMENT - AZ 2020-05-26 4,168 2,681 SL 14.28 % 595      
EQUIPMENT - AZ 2020-04-02 1,638 1,053 SL 14.28 % 234      
CAMERA EQUIP - AZ 2020-12-23 31,563 20,291 SL 14.28 % 4,507      
CAPITAL PROJECTS - AZ 2020-12-31 64,970 19,496 SL 6.67 % 4,333      
CAPITAL PROJECTS - AZ 2020-12-31 51,278 15,388 SL 6.67 % 3,420      
CAPITAL PROJECTS - AZ 2020-12-31 17,884 5,368 SL 6.67 % 1,193      
LAND IMPROV (AG) 2020-09-30 12,698 3,811 SL 6.67 % 847      
CAPITAL PROJECTS (AG) 2020-09-16 90,577 27,180 SL 6.67 % 6,041      
IMPROVEMENTS - IL FARM 2021-08-17 2,933 2,054 SL 20.00 % 587      
EQUIPMENT - IL 2021-05-27 2,191 1,095 SL 14.29 % 313      
JD STK SNX0110 - IL FARM 2021-05-13 75,000 37,501 SL 14.29 % 10,718      
FRONTIER SEEDER SNX0198 - IL 2021-06-24 6,890 3,446 SL 14.29 % 985      
JD SNOW BLOWER SNX0350 2021-12-09 14,200 7,100 SL 14.29 % 2,029      
EQUIPMENT - IL 2021-09-16 1,323 661 SL 14.29 % 189      
JD TRACK LOADER SN#7623 2021-09-01 75,000 37,501 SL 14.29 % 10,718      
JD CUTTER SN#0171 2021-09-01 11,750 5,875 SL 14.29 % 1,679      
JD ROW HEAD SNX0430 2021-09-01 9,900 4,951 SL 14.29 % 1,415      
JD HEAD CART SNX0230 2021-09-01 2,390 1,196 SL 14.29 % 342      
JD GR84B SNX0835 2021-09-29 4,500 2,250 SL 14.29 % 643      
JD COMBINE AUGER SNX5518 2021-11-03 476,900 238,450 SL 14.29 % 68,149      
BRENT WAGONS (4) 2021-11-03 44,500 22,250 SL 14.29 % 6,359      
FRONTIER MOWER 2021-11-03 12,900 6,449 SL 14.29 % 1,843      
CULTPACK ROLLER 2021-11-03 3,050 1,526 SL 14.29 % 436      
EQUIPMENT - IL 2021-06-01 5,751 2,876 SL 14.29 % 822      
EQUIPMENT - IL 2021-03-03 9,200 4,601 SL 14.29 % 1,315      
RADIO EQUIP - AZ 2021-09-09 67,091 33,545 SL 14.29 % 9,587      
RADIO EQUIP - IL 2021-07-14 1,053 525 SL 14.29 % 150      
RADIO EQUIP - NE 2021-06-21 427 213 SL 14.29 % 61      
COMPUTER EQUIP - AZ 2021-11-17 522 262 SL 14.29 % 75      
VEHICLE PARTS - IL 2021-01-13 1,199 599 SL 14.29 % 171      
CAPITAL PROJECTS - AZ FARM 2021-12-31 14,858 2,973 SL 6.67 % 991      
CAPITAL PROJECTS - AZ FARM 2021-12-31 460,505 92,148 SL 6.67 % 30,716      
EQUIPMENT 2021-11-09 11,323 5,661 SL 14.29 % 1,618      
CAMERA EQUIP - AZ 2021-10-01 729 364 SL 14.29 % 104      
CAPITAL PROJECTS - AZ 2021-12-31 27,666 5,535 SL 6.67 % 1,845      
CAPITAL PROJECTS - AZ 2021-12-31 7,067 1,413 SL 6.67 % 471      
FURNITURE (AG) 2021-12-31 18,190 12,733 SL 20.00 % 3,638      
EQUIPMENT (AG) 2021-07-15 48,296 24,147 SL 14.29 % 6,901      
CAPITAL PROJECTS (AG) 2021-12-31 310,248 62,082 SL 6.67 % 20,694      
BLDG & IMPR - AZ FARM 2021-12-31 123,166 28,746 SL 6.67 % 8,215      
LAND IMPROV - IL FARM 2022-03-16 2,748 458 SL 6.67 % 183      
BLDG & IMPR - IL FARM 2022-09-01 141,927 23,660 SL 6.67 % 9,467      
WEATHER EQUIP 2022-02-17 2,510 897 SL 14.28 % 358      
HITCH - 5525 TRACTOR 2022-06-16 410 147 SL 14.28 % 59      
5125M #0447 - IL FARM 2022-06-30 98,900 35,327 SL 14.28 % 14,123      
5125M SNOW BLOWER - IL FARM 2022-06-30 14,000 5,002 SL 14.28 % 1,999      
KOMATSU D51PX #5184 - IL FARM 2022-08-04 230,950 82,496 SL 14.28 % 32,980      
TRACTOR HOOD 2022-08-16 1,489 532 SL 14.28 % 213      
JD 2412DE SCRAPER #1031 2022-11-14 155,900 55,687 SL 14.28 % 22,263      
JD 9420R #8821 2022-11-28 344,300 122,983 SL 14.28 % 49,166      
PIVOT - NE FARM 2022-07-01 56,344 20,127 SL 14.28 % 8,046      
LYSTER - AZ FARM 2022-01-13 700 250 SL 14.28 % 100      
EQUIP - IL FARM 2022-03-02 5,594 1,997 SL 14.28 % 799      
MAINT EQUIP - IL FARM 2022-09-22 41,253 14,735 SL 14.28 % 5,891      
RADIO EQUIP - IL 2022-08-09 10,094 3,605 SL 14.28 % 1,441      
COMPUTER EQUIP - IL 2022-12-22 2,264 810 SL 14.28 % 323      
2022 CHEVY TAHOE VIN#4830 2022-02-16 50,635 25,318 SL 20.00 % 10,127      
CAPITAL EXP - AZ FARM 2022-06-30 1,016 363 SL 14.28 % 145      
CAPTIAL EXP - AZ FARM 2022-06-30 536,727 191,718 SL 14.28 % 76,645      
CAPITAL EXP - IL FARM 2022-06-30 257,287 91,902 SL 14.28 % 36,741      
CAPITAL EXP - IL FARM 2022-11-30 40,460 14,453 SL 14.28 % 5,778      
CAPITAL PROJECTS (AG) 2022-12-31 102,700 17,120 SL 6.67 % 6,850      
LAND IMPROV - AZ 2022-01-04 4,400 733 SL 6.67 % 293      
IMPROVEMENTS - AZ FARM 2022-02-24 2,160 772 SL 14.28 % 308      
EQUIPMENT - AZ FARM 2022-03-04 762 272 SL 14.28 % 109      
CAMERA EQUIP - AZ 2022-02-24 897 320 SL 14.28 % 128      
IMPROVEMENTS - IL FARM 2023-05-25 447 45 SL 6.67 % 30      
EQUIPMENT 2023-11-20 43,100 9,236 SL 14.29 % 6,159      
FRONTIER GROOMING MOVER 2023-12-31 26,750 5,733 SL 14.29 % 3,823      
JD FC15R ROTARY CUTTER 2023-12-31 34,000 7,287 SL 14.29 % 4,859      
RADIO EQUIPMENT 2023-05-31 17,200 3,686 SL 14.29 % 2,458      
2013 FORD F150 RAPTOR SNX7235 2023-12-31 43,000 9,215 SL 14.29 % 6,145      
MAYRATH AUGER X6034 2023-04-20 33,500 7,179 SL 14.29 % 4,787      
EQUIPMENT 2023-03-31 850 182 SL 14.29 % 121      
CAP EXP 2023-12-31 170,922 24,425 SL 14.29 % 24,425      
CAP EXP 2023-12-31 14,969 2,139 SL 14.29 % 2,139      
PIVOTS 2023-12-12 243,445 52,170 SL 14.29 % 34,788      
JD 4020 TRACTOR 2023-12-31 18,500 3,965 SL 14.29 % 2,644      
EQUIPMENT 2023-12-31 121,507 26,039 SL 14.29 % 17,363      
JD 4050 SN H007414 2024-04-20 59,606 4,256 SL 14.29 % 8,518      
PIVOTS (4) 2024-02-29 36,994 2,641 SL 14.29 % 5,286      
DRAPER COMBINE HEAD 2024-07-29 124,890 8,917 SL 14.29 % 17,847      
ASHLAND SCRAPER 2024-07-24 49,900 3,563 SL 14.29 % 7,131      
KOMATSU BUCKET 2024-08-20 5,000 357 SL 14.29 % 715      
REPEATER EQUIPMENT 2024-06-21 8,519 608 SL 14.29 % 1,217      
CAP EXP 2024-12-31 25,666 1,833 SL 14.29 % 3,668      
JD 5130M SNX 0121 2024-01-05 141,755 10,121 SL 14.29 % 20,257      
JD 5130M DNX0106 2024-01-05 141,755 10,121 SL 14.29 % 20,257      
JD 540M SNX3814 2024-01-05 11,290 806 SL 14.29 % 1,613      
BUILDING (R) 2025-02-24 117,039   SL 2.25 % 2,630      
EQUIPMENT (R) 2025-02-24 278   SL 7.14 % 278      
LAND IMPROV - AZ 2025-04-04 118,247   SL 3.33 % 3,938      
CAPITAL PROJ - AZ 2025-12-16 387,497   SL 7.14 % 27,667      

TY 2025 LandEtcSchedule2
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Auto./Transportation Equip. 1,107,002 1,063,134 43,868 43,868
Furniture and Fixtures 257,720 251,590 6,130 6,130
Machinery and Equipment 19,037,393 15,813,489 3,223,904 3,223,904
Buildings 3,401,970 1,661,598 1,740,372 1,740,372
Improvements 6,088,025 3,056,653 3,031,372 3,031,372
Land 35,007,670   35,007,670 35,007,670


TY 2025 LegalFeesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CROKER, HUCK, KASHER & ASSOC LLC 20,382 0 0 20,382
GALLAGHER & KENNEDY PA 5,238 0 0 5,238
QUARLES & BRADY LLP 19,770 0 0 19,770


TY 2025 OtherAssetsSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EFFINGHAM PATRONAGE EQUITY 18,316 18,238 18,238
SECURITY DEPOSIT 10,396 10,397 10,397


TY 2025 OtherDecreasesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Description Amount
RETURN OF UNUSED GRANT FUNDS 62,076,155


TY 2025 OtherExpensesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 4,472     4,472
CONTRACT LABOR 102,480     102,480
DUES & SUBSCRIPTIONS 4,625     4,625
FARM INPUTS 125,239     125,239
FUEL 48,471     48,471
INSURANCE 97,646     97,646
LICENSE, PERMITS, & FEES 10,559     10,559
MEALS 2,388     2,388
MISCELLANEOUS 1,839     1,839
OFFICE EXPENSE 598     598
RENT/LEASE 14,791     14,791
REPAIRS & MAINTENANCE 193,207     193,207
SHIPPING/FREIGHT 34,194     34,194
SMALL EQUIPMENT 9,475     9,475
SUPPLIES 38,296     38,296
TELECOMMUNICATIONS 15,905     15,905


TY 2025 OtherIncomeSchedule2
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CREDIT CARD REWARDS 4,900    
GRAIN SALES 259,562    
INSURANCE REFUND 213    
LEASE INCOME 718,877    
SCRAP SALES 300    


TY 2025 OtherProfessionalFeesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SEPIA ARCHIVAL MANAGEMENT 1,214 0 0 1,214


TY 2025 TaxesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 17,817     17,817
PAYROLL TAXES 73,431     73,431
REAL ESTATE TAXES 254,670     254,670