Howard G Buffett Foundation
- Assets
- $535.8m
- Revenue
- $335.5m
- Investments
- $357.2m
- Employees
- 0
- Location
- Decatur, IL
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 47-0824756
Organization Overview
Howard G Buffett Foundation is located in Decatur, IL. The organization was established in 1999. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howard G Buffett Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Howard G Buffett Foundation generated $335.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $307.8m during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES FOR CONFLICT MITIGATION INITIATIVES TO SUPPORT AND ENHANCE CONSERVATION, AGRICULTURE, AND ECONOMIC DEVELOPMENT.
PROGRAM EXPENSES TO SUPPORT PUBLIC SAFETY.
PROGRAM EXPENSES TO SUPPORT FOOD SECURITY.
PROGRAM EXPENSES TO COMBAT HUMAN TRAFFICKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard G Buffett Chairman & CEO | 40 | $0 | |
Devon G Buffett Director | 10 | $0 | |
Trisha A Cook Secretary | 40 | $0 | |
Heidi Heitkamp Director | 1 | $0 | |
Michael D Walter Director | 2 | $0 | |
Ann Kelly Bolten President | 40 | $602,140 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grupo Raf | 12/30/22 | $434,784 |
Romano Limited | 12/30/22 | $3,637,331 |
Barnes & Thornburg Llp | 12/30/22 | $297,904 |
Data & Graphics | 12/30/22 | $608,655 |
Sandra M Itkoff | 12/30/22 | $608,655 |
Barnes & Thornburg Llp | 12/30/22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $308,700,526 |
| Interest on Savings | $1,620,448 |
| Dividends & Interest | $625,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,533,769 |
| Capital Gain Net Income | $24,533,769 |
| Net ST Capital Gain | $24,459,658 |
| Income Modifications | $126,947,566 |
| Profit on Inventory Sales | $0 |
| Other Income | $42,777 |
| Total Revenue | $335,523,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $777,524 |
| Other employee salaries and wages | $1,838,059 |
| Pension plans, employee benefits | $232,770 |
| Interest | $0 |
| Taxes | $566,465 |
| Depreciation | $175,327 |
| Occupancy | $242,107 |
| Travel, conferences, and meetings | $274,089 |
| Printing and publications | $0 |
| Other expenses | $5,985,445 |
| Total operating and administrative expenses | $10,666,083 |
| Contributions, gifts, grants paid | $297,165,049 |
| Total expenses and disbursements | $307,831,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,363 |
| Savings and temporary cash investments | $177,518,528 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25 |
| Net Land, buildings, and equipment | $621,784 |
| Other assets | $50,139 |
| Total assets | $535,810,165 |
| Accounts payable and accrued expenses | $57,652 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $18,015 |
| Total liabilities | $75,667 |
Grants Awarded
Over the last fiscal year, Howard G Buffett Foundation has awarded $139,551,366 in support to 115 organizations.
| Grant Recipient | Amount |
|---|---|
CONFLICT DEVELOPMENT FOUNDATION PURPOSE: PARQUE CUCSATLAN RENOVATION - EL SALVADOR | $4,802,306 |
MACON COUNTY SHERIFF'S OFFICE PURPOSE: EQUIPMENT - US | $53,456 |
NATURE CONSERVATION TRUST PURPOSE: SUPPORT FOR RWANDA INSTITUTE FOR CONSERVATION AGRICULTURE - AFRICA | $23,393,527 |
CATHOLIC CHARITIES OF RIO GRANDE VA PURPOSE: VEHICLE - US | $35,700 |
COCHISE COUNTY SHERIFF'S OFFICE PURPOSE: HELICOPTER EXPENSES - US | $379,308 |
COLOMBIA NATIONAL COFFEE FEDRELIEF PURPOSE: ALTERNATIVE LIVELIHOODS - COLUMBIA | $1,000,000 |