Buffett Early Childhood Fund
- Assets
- $9.7m
- Revenue
- $31.4m
- Investments
- $7.1m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 04/2005
- Data as of
- 12/2021
- 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 12/2021, Buffett Early Childhood Fund generated $31.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $39.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Buffett Early Childhood Fund has awarded 322 individual grants totaling $251,628,646. 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 |
|---|---|---|---|
Jessie Rasmussen President | 40 | $319,115 | |
Portia Kennel Senior Advisor | 40 | $205,566 | |
Mike Burke Vice-President | 40 | $205,193 | |
Gladys Haynes Director Of Nebraska | 40 | $177,311 | |
Eric Buchanan Director Of Strategi | 40 | $172,548 | |
Susan Mullin Operations Director | 40 | $153,402 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neimand Collaborative | 12/30/20 | $86,500 |
Factor3 Digital | 12/30/20 | $58,190 |
Early Opportunities Llc | 12/30/20 | $75,000 |
Gmmb | 12/30/20 | $130,000 |
Factor3 Digital | 12/30/20 | $58,190 |
Neimand Collaborative | 12/30/20 | $86,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,028,410 |
| Interest on Savings | $13,357 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $284,541 |
| Capital Gain Net Income | $6,895,783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $81,036 |
| Total Revenue | $31,407,344 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $524,308 |
| Other employee salaries and wages | $794,119 |
| Pension plans, employee benefits | $397,167 |
| Interest | $0 |
| Taxes | $242,963 |
| Depreciation | $0 |
| Occupancy | $115,598 |
| Travel, conferences, and meetings | $7,079 |
| Printing and publications | $2,101 |
| Other expenses | $238,640 |
| Total operating and administrative expenses | $2,442,873 |
| Contributions, gifts, grants paid | $37,315,400 |
| Total expenses and disbursements | $39,758,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,579,897 |
| 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 | $62,192 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,728,090 |
| 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 $42,063,963 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
Lincoln, NE PURPOSE: FIRST FIVE NEBRASKA OPERATING SUPPORT, ROOTED IN RELATIONSHIPS PROGRAM SUPPORT, COMMUNITIES4KIDS SUPPORT | $5,822,382 |
EDUCARE OF OMAHA INC PURPOSE: QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $4,956,681 |
Chicago, IL PURPOSE: EDUCARE LEARNING NETWORK SUPPORT, FIRST FIVE YEARS FUND SUPPORT, AND ANNUAL LUNCHEON SUPPORT | $4,563,530 |
Omaha, NE PURPOSE: OPERATING SUPPORT | $4,447,000 |
EDUCARE LINCOLN PURPOSE: QUALITY EARLY CHILDHOOD PROGRAM OPERATING SUPPORT | $3,066,377 |
ALLIANCE FOR EARLY SUCCESS PURPOSE: STATE BASED EARLY CHILDHOOD EDUCATION SUPPORT | $2,995,686 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Buffett Early Childhood Fund has recieved totaling $30,009,335.
| Awarding Organization | Amount |
|---|---|
Sherwood Foundation Omaha, NE PURPOSE: 2021 OPERATING GRANT | $30,009,335 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
Centene Charitable Foundation St Louis, MO | $259,102,242 | $5,821,965 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
Marion And Henry Bloch Family Foundation Kansas City, MO | $681,063,537 | $103,373,855 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |