The Gilbert And Ildiko Butler Family Foundation
- Assets
- $9.2m
- Revenue
- $259.6k
- Investments
- $4.5m
- Employees
- 0
- Location
- Great Neck, NY
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 27-0141384
Organization Overview
The Gilbert And Ildiko Butler Family Foundation is located in Great Neck, NY. 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. Gilbert And Ildiko Butler 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 12/2022, Gilbert And Ildiko Butler Family Foundation generated $259.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $239.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gilbert And Ildiko Butler Family Foundation has awarded 536 individual grants totaling $4,386,113. 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 |
|---|---|---|---|
Gilbert Butler President/treas./dir. | 1 | $0 | |
Ildiko Butler Director | 0.5 | $0 | |
Emily Rafferty Director | 0.5 | $0 | |
Winthrop Rutherfurd Jresq Director/clerk | 0.5 | $1,500 | |
Melissa Tuckerman Director | 0.5 | $0 | |
Frederick J C Butler Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Black River Management Co | 12/30/22 | $69,902 |
Winthrop Rutherford Jr Esq | 12/30/22 | $1,500 |
Grasssi & Co | 12/30/22 | $19,198 |
Galgano Cpa Pllc | 12/30/22 | $263 |
Morgan Lewis Bockius Llp | 12/30/22 | $820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $66,809 |
| Dividends & Interest | $176,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,407 |
| Capital Gain Net Income | $16,407 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $259,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $556 |
| Taxes | $36,364 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $497 |
| Printing and publications | $0 |
| Other expenses | $839 |
| Total operating and administrative expenses | $121,278 |
| Contributions, gifts, grants paid | $117,995 |
| Total expenses and disbursements | $239,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,013 |
| Savings and temporary cash investments | $4,381,371 |
| 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 | $4,460,271 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $227,213 |
| Total assets | $9,183,868 |
| Accounts payable and accrued expenses | $18,456 |
| 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 | $18,456 |
Grants Awarded
Over the last fiscal year, The Gilbert And Ildiko Butler Family Foundation has awarded $117,995 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE HILL TROUPE PURPOSE: CULTURAL | $500 |
AMERICAN FRIENDS MUSEES DORSAY ET DE LORANGERIE (AFMO) PURPOSE: CULTURAL | $760 |
CHAMBER MUSIC SOCIETY OF UTICA PURPOSE: CULTURAL | $10,000 |
CITIZENS COMMITTEE FOR CHILDREN OF NEW YORK PURPOSE: SOCIAL PROGRAM | $500 |
FRIENDS OF ACADIA PURPOSE: SOCIAL PROGRAM | $5,000 |
FRIENDS OF UPPER EAST SIDE HISTORIC DISTRICTS PURPOSE: SOCIAL PROGRAM | $1,100 |