Russell W Butterworth Foundation
- Assets
- $2.9m
- Revenue
- $118.2k
- Investments
- $2.7m
- Employees
- 0
- Location
- San Clemente, CA
- Founding
- 10/2012
- Data as of
- 12/2023
- EIN
- 46-0533779
Organization Overview
Russell W Butterworth Foundation is located in San Clemente, CA. The organization was established in 2012. 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. Russell W Butterworth 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, Russell W Butterworth Foundation generated $118.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $220.5k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Russell W Butterworth Foundation has awarded 154 individual grants totaling $1,486,900. 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 |
|---|---|---|---|
Claudio A Haug Treasurer | 2 | $0 | |
Gary Lennert President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,004 |
| Interest on Savings | $0 |
| Dividends & Interest | $98,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,411 |
| Capital Gain Net Income | $9,411 |
| Net ST Capital Gain | $1,094 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $25,510 |
| Contributions, gifts, grants paid | $195,000 |
| Total expenses and disbursements | $220,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,764 |
| Savings and temporary cash investments | $0 |
| 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 | $348,268 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,943,041 |
| 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, Russell W Butterworth Foundation has awarded $195,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
FREEDOM BUILDERS PURPOSE: SUPPORT ORGANIZATION | $10,000 |
1MISSION PURPOSE: SUPPORT ORGANIZATION | $11,000 |
PLANT WITH PURPOSE PURPOSE: SUPPORT ORGANIZATION | $44,400 |
FAMILY ASSISTANCE MINISTRIES PURPOSE: SUPPORT ORGANIZATION | $17,000 |
AKRON-CANTON REGIONAL FOODBANK PURPOSE: SUPPORT ORGANIZATION | $5,000 |
GRIMES SCENE INC PURPOSE: SUPPORT ORGANIZATION | $1,100 |