Darin Butz Foundation
- Assets
- $2.4m
- Revenue
- $88.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Reston, VA
- Founding
- 02/2011
- Data as of
- 06/2024
- EIN
- 27-3596818
Organization Overview
Darin Butz Foundation is located in Reston, VA. The organization was established in 2011. 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. Darin Butz 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 06/2024, Darin Butz Foundation generated $88.6k 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 (18.4%) each year. All expenses for the organization totaled $360.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Darin Butz Foundation has awarded 52 individual grants totaling $1,847,610. 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 |
|---|---|---|---|
Linda A Mills President/director | 1 | $0 | |
Will A Butz Secretary/treasurer/director | 1 | $0 | |
Stephanie L Bower Director | 1 | $0 | |
David E Darin Director | 1 | $0 | |
Katherine Darin Mchugh Director | 1 | $0 | |
Anne C Butz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,261 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,344 |
| Capital Gain Net Income | $3,344 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,605 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,479 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $289 |
| Total operating and administrative expenses | $58,425 |
| Contributions, gifts, grants paid | $302,285 |
| Total expenses and disbursements | $360,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,843 |
| 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 | $2,372,345 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,427,188 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Darin Butz Foundation has awarded $302,285 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARNOLD ARBORETUM OF HARVARD UNIVERSITY PURPOSE: RESEARCH INTERNSHIP PROGRAM | $60,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: SUMMER 2023 UNDERGRADUATE RESEARCH FELLOWS PROGRAM (SURF) | $36,285 |
MOTE MARINE LABORATORY AND AQUARIUM PURPOSE: TO ESTABLISH AND FUND TWO COLLEGE INTERNSHIPS FOR FEMALE UNDERGRADUATE STUDENTS | $26,000 |
NATIONAL WILDLIFE FOUNDATION PURPOSE: FOR INTERNS PARTICIPATING IN NWF'S FLORIDA MANATEE AND SEA TURTLE HABITAT PROTECTION | $30,000 |
PRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE PURPOSE: SANTA CLARA UNIVERSITY - SCHOLARSHIP PROGRAM; STUDENT INTERNSHIPS IN ROBOTICS | $50,000 |
SMITHSONIAN INSTITUTION NATIONAL AIR AND SPACE MUSEUM PURPOSE: ENGAGING GIRLS IN STEM - SUMMER CAMPS | $60,000 |