Susan Thompson Buffett Foundation: Grants for Higher Education

OVERVIEW: The Susan Thompson Buffett Foundation prioritizes Nebraskan high school students.

IP TAKE: Despite the fact that this funder awards grants on a global scale, it has no transparent, public mechanism through which grantseekers can apply for funding.

PROFILE: Warren and Susan Buffett initially incorporated their family foundation 1964. In 2006, Warren Buffett pledged nearly $3 billion over time, of his Berkshire-Hathaway stock and renamed the foundation in honor of his late wife, Susan Thompson Buffett. Although this is a sizable foundation, it maintains a low public profile regarding its grantmaking; however, it's only website is dedicated to a scholarships program for high school students in Nebraska.

Although the Susan Thompson Buffett Foundation (STBF) offers grants to smaller community colleges, such as its past grant to Southeast Community College, it tends to support larger universities rather than local community colleges. STBF awards multimillion-dollar grants with some reaching as high as nearly $10 million. Most awards, however, typically fall in the $100,000 to $500,000 range. According to its tax filings, past STBF grantees in the higher education grantmaking space include the Regents of the University of Michigan, Rutgers University, and Stanford University. Its higher education grants exclusively prioritize Nebraskan high school students.

The foundation does not accept unsolicited grant applications or requests for funding.

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CONTACT:

Susan Thompson Buffett Foundation

3555 Farnam Street Suite 222

Omaha, Nebraska 68131

(402) 943-1300