L M Butts Family Foundation

Organization Overview

L M Butts Family Foundation is located in Natchez, MS. The organization was established in 2006. 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. L M Butts Family Foundation 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 12/2020, L M Butts Family Foundation generated $7.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Lucius M Butts III
Vice Pres
$0
Russell B Butts
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,384
Net Rental Income$0
Net Gain on Sale of Assets $663
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,350
Total Revenue $7,397

Grants Awarded

Over the last fiscal year, L M Butts Family Foundation has awarded $3,300 in support to 6 organizations.

Grant RecipientAmount

NATCHEZ COMMUNITY STEWPOT

PURPOSE: SUPPORT OF HOMELESS

$1,000

NATCHEZ CHILDREN'S HOME SERVICES

PURPOSE: SUPPORT OF DISADV YOUTH

$1,000

PILGRIMAGE HISTORICAL ASSOCIATION

PURPOSE: SUPPORT HISTORICAL PRESERVATION & TOURISM

$500

ADAMS CO HOME FOR RETARDED CITIZENS

PURPOSE: SUPPORT OF DISABLED

$500

Natchez, MS

PURPOSE: SUPPORT OF MUSICAL ARTS

$200

NATCHEZ FESTIVAL OF MUSIC

PURPOSE: SUPPORT MUSICAL ARTS

$100
View Grant Profile

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