Buffett Early Childhood Fund
- Assets
- $7.4m
- Revenue
- $30.3m
- Investments
- $2.2m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 20-1768874
Organization Overview
Buffett Early Childhood Fund is located in Omaha, NE. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Buffett Early Childhood Fund 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, Buffett Early Childhood Fund generated $30.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $34.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Buffett Early Childhood Fund has awarded 359 individual grants totaling $276,470,087. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan A Buffett Director & Chair | 5 | $0 | |
Helen Raikes Director & Treasurer | 5 | $0 | |
Wallace Weitz Director & Secretary | 5 | $0 | |
Mike Burke Vice-President | 40 | $217,425 | |
Jessie Rasmussen President | 40 | $335,040 | |
Gladys Haynes Director Of Nebraska | 40 | $187,905 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gmmb | 12/30/20 | $130,000 |
Neimand Collaborative | 12/30/20 | $86,500 |
Early Opportunities Llc | 12/30/20 | $75,000 |
Factor3 Digital | 12/30/20 | $58,190 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,081,120 |
| Interest on Savings | $36,243 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $153,465 |
| Capital Gain Net Income | $6,991,889 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,270,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $552,465 |
| Other employee salaries and wages | $653,750 |
| Pension plans, employee benefits | $377,002 |
| Interest | $0 |
| Taxes | $140,942 |
| Depreciation | $0 |
| Occupancy | $106,340 |
| Travel, conferences, and meetings | $33,300 |
| Printing and publications | $5,242 |
| Other expenses | $34,966 |
| Total operating and administrative expenses | $2,059,210 |
| Contributions, gifts, grants paid | $32,358,893 |
| Total expenses and disbursements | $34,418,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,151,241 |
| 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 | $27,420 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,380,809 |
| Accounts payable and accrued expenses | $39 |
| 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 | $0 |
| Total liabilities | $39 |
Grants Awarded
Over the last fiscal year, Buffett Early Childhood Fund has awarded $37,058,060 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR EARLY SUCCESS PURPOSE: STATE BASED EARLY CHILDHOOD EDUCATION SUPPORT | $3,030,748 |
COMIC RELIEF INC PURPOSE: RED NOSE DAY - SAVE THE CHILDREN MATCHING GRANT | $1,250,000 |
BRAZELTON TOUCHPOINTS PROJECT INC CHILDREN'S HOSPITAL BOSTON PURPOSE: ELN BREAKTHROUGH PROJECT SUPPORT | $150,000 |
EDUCARE OF OMAHA INC PURPOSE: QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $2,749,745 |
EDUCARE OF WASHINGTON DC PURPOSE: QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $700,000 |
EDUCARE LINCOLN PURPOSE: QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $2,405,127 |