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The Sherwood Foundation

Profile

Last Updated: 2016-02-10

At A Glance

The Sherwood Foundation

(formerly Susan A. Buffett Foundation)

3555 Farnam St.

Omaha, NE United States 68131-3302

Telephone: (402) 341-1717

URL: www.sherwoodfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $264,431,089

Total giving: $101,204,510

EIN

470824755

BRIDGE Number

0283398587

Additional Contact Information

For information regarding human service, social justice or national initiatives contact Kristin Williams, e-mail: kristin@sherwoodfoundation.org; For information regarding primary educational initiatives contact Katie Weitz White, e-mail: katie@sherwoodfoundation.org; For information regarding secondary education initiatives contact Jerry Bexten, e-mail: jerry@sherwoodfoundation.org

Background

Established in 1999 in NE - Founded by Susan Alice Buffett, an American philanthropist and daughter of Warren Buffett and Susan Thompson Buffett. In 2006, Warren Buffett pledged a portion of his Berkshire-Hathaway, Inc. stock to the foundation to be paid out over time. In 2012, Warren Buffett decided to significantly increase the amount of stock he gives to the foundation, ultimately amounting to about $2.1 billion. Warren Buffett has committed to The Giving Pledge, and has pledged to give away at least half of his wealth to philanthropy.

Purpose and Activities

The foundation is committed to improving child and family welfare through community investments in the following areas: public education, human services and social justice.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Rural Community Partnerships

The program promotes local capacity to address locally-identified priorities and thereby strengthen the common good enjoyed by all Nebraskans. Requests from communities outside of the Omaha and Lincoln metro areas are considered on an ongoing basis. Please contact Matt Rezac to begin a conversation: matthewr@sherwoodfoundation.org.

Urban Community Partnerships

The program focuses on family stability and child wellbeing with an overarching emphasis on community context. Using a two-generation approach, the foundation is interested in the relationship between direct service provision and the greater systems that impact a community. Applicants are wise to cite specific research that influences a service model or approach to solving a community challenge.

Fields of Interest

Subjects
  • Arts and culture
  • Child welfare
  • Human services
  • Nonprofits
  • Theater
  • Undergraduate education
  • Youth services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Multipurpose centers
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $264,431,089 (market value)

Gifts received: $149,763,329

Expenditures: $105,482,864

Total giving: $101,204,510

Qualifying distributions: $106,399,751

Giving activities include:

$101,204,510 for 443 grants (high: $15,085,308; low: $25)