The Susan Thompson Buffett Foundation
- Assets
- $1.6b
- Revenue
- $438.6m
- Investments
- $1.6b
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 12/1964
- Data as of
- 12/2020
- EIN
- 47-6032365
Organization Overview
The Susan Thompson Buffett Foundation is located in Omaha, NE. The organization was established in 1964. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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.
For the year ending 12/2020, Susan Thompson Buffett Foundation generated $438.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $495.5m during the year ending 12/2020. While expenses have increased by 6.5% per year over the past 5 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.
Since 2015, Susan Thompson Buffett Foundation has awarded 3,066 individual grants totaling $4,976,802,951. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALICE BUFFETT OUTSTANDING TEACHER AWARDS - 15 TEACHERS AWARDED $10,000 ($150,000 TOTAL)
SCHOLARSHIPS - AWARDED $39,440,196 IN SCHOLARSHIPS
ALICE BUFFETT OUTSTANDING TEACHER AWARDS - 15 TEACHERS AWARDED $10,000 ($150,000 TOTAL)
SCHOLARSHIPS - AWARDED $39,440,196 IN SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Greenberg President/director | 40 | $744,302 | |
Tracy Weitz Dir U.s. Programs | 40 | $477,048 | |
Senait Fisseha Dir Int'l Programs | 40 | $473,383 | |
Sandra Garcia Dir Research & Eval | 40 | $362,717 | |
Melissa How Secretary/dir Grants & Finance | 40 | $340,445 | |
Kellie Pickett Director College Acc | 40 | $309,031 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Institute For Research | 12/30/20 | $2,286,413 |
University Of Maryland | 12/30/20 | $1,838,308 |
United Nations Population Fund | 12/30/20 | $16,276,988 |
American Institute For Research | 12/30/20 | $2,286,413 |
United Nations Population Fund | 12/30/20 | $16,276,988 |
Norc At The University Of Chicago | 12/30/20 | $2,784,153 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $221,026,938 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,372,679 |
| Net Rental Income | $155,081 |
| Net Gain on Sale of Assets | $198,828,611 |
| Capital Gain Net Income | $220,975,294 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,890,448 |
| Total Revenue | $438,584,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,084,747 |
| Other employee salaries and wages | $8,394,530 |
| Pension plans, employee benefits | $2,328,420 |
| Interest | $0 |
| Taxes | $3,340,477 |
| Depreciation | $1,267,530 |
| Occupancy | $1,328,491 |
| Travel, conferences, and meetings | $457,711 |
| Printing and publications | $49,897 |
| Other expenses | $518,899 |
| Total operating and administrative expenses | $59,776,678 |
| Contributions, gifts, grants paid | $435,679,159 |
| Total expenses and disbursements | $495,455,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,303,938 |
| 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 | $0 |
| Net Land, buildings, and equipment | $14,687,632 |
| Other assets | $0 |
| Total assets | $1,617,409,744 |
| Accounts payable and accrued expenses | $54,004 |
| Grants payable | $332,496,263 |
| Deferred revenue | $2,160,717 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $334,710,984 |
Grants Awarded
Over the last fiscal year, The Susan Thompson Buffett Foundation has awarded $1,470,764,556 in support to 1,106 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD HEALTH ORGANIZATION PURPOSE: PROJECT SUPPORT | $45,105,294 |
WORLD HEALTH ORGANIZATION PURPOSE: PROJECT SUPPORT | $45,105,294 |
Washington, DC PURPOSE: PROJECT SUPPORT | $40,052,931 |
Washington, DC PURPOSE: PROJECT SUPPORT | $40,052,931 |
GLOBAL FINANCING FACILITY THE WORLD BANK PURPOSE: PROJECT SUPPORT | $25,000,000 |
GLOBAL FINANCING FACILITY THE WORLD BANK PURPOSE: PROJECT SUPPORT | $25,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Susan Thompson Buffett Foundation Omaha, NE | $1,617,409,744 | $438,584,092 |
Roy J Carver Charitable Tr Muscatine, IA | $233,424,982 | $13,201,596 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $0 | $7,104,775 |
John T Vucurevich Foundation Rapid City, SD | $144,873,087 | $17,525,914 |
Paula And Rodger Riney Foundation St Louis, MO | $139,928,587 | $3,767,399 |
World Wide Technology Foundation St Louis, MO | $7,901,966 | $5,040,795 |
Cary Brown Family Foundation Colorado Springs, CO | $12,711,071 | $867,158 |
Allen Wyoming Foundation Inc Cody, WY | $23,298,449 | $30,117,629 |
Maffei Foundation Denver, CO | $13,112,642 | $182,093 |
The Denver Health And Hospitals Foundation Denver, CO | $23,272,163 | $6,597,369 |
Capitol Federal Foundation Topeka, KS | $0 | $6,006,537 |