Butler Family Foundation
- Assets
- $48.4m
- Revenue
- $1.8m
- Investments
- $48.2m
- Employees
- 0
- Location
- Dubuque, IA
- Founding
- 07/1996
- Data as of
- 12/2023
- EIN
- 42-1429940
Organization Overview
Butler Family Foundation is located in Dubuque, IA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. 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 12/2023, Butler Family Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Butler Family Foundation has awarded 268 individual grants totaling $13,368,092. 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 |
|---|---|---|---|
John E Butler Chairperson | 1 | $0 | |
Alice L Butler Vice-Chairperson | 1 | $0 | |
Timothy L Berns Secy/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,778 |
| Dividends & Interest | $1,255,872 |
| Net Rental Income | $17,209 |
| Net Gain on Sale of Assets | $499,486 |
| Capital Gain Net Income | $499,646 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,794,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,756 |
| Depreciation | $0 |
| Occupancy | $356 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $554 |
| Total operating and administrative expenses | $124,545 |
| Contributions, gifts, grants paid | $1,832,406 |
| Total expenses and disbursements | $1,956,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $189,681 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,392,371 |
| 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, Butler Family Foundation has awarded $2,884,406 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
ART INSTITUTE OF CHICAGO PURPOSE: UNIVERSITY EDUCATION | $250 |
ARBOR DAY FOUNDATION PURPOSE: PLANT, NURTURE, AND CELEBRATE TREES | $1,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: COMMUNITY AND ECONOMIC DEVELOPMENT | $50,000 |
AMERICAN HORTICULTURAL SOCIETY PURPOSE: COMMUNITY IMPROVEMENT | $500 |
AREA RESIDENTIAL CARE PURPOSE: FAMILY DISABILITY RESOURCES | $2,500 |
BABSON COLLEGE PURPOSE: JOHN E AND ALICE L BUTLER LAUNCH PAD | $25,000 |