Butler Community College Foundation

Organization Overview

Butler Community College Foundation is located in El Dorado, KS. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Butler Community College 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 06/2021, Butler Community College Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WILL NURTURE RELATIONSHIPS THAT WILL CREATE OPPORTUNITIES FOR STAKEHOLDERS TO MAKE A DIFFERENCE IN THE LIVES OF BUTLER STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION CONTINUES TO CAPITALIZE ON THE SUCCESS OF THE FOREVER BUTLER CAMPAIGN BY EDUCATING DONORS ABOUT PLANNED GIVING AND SECURING SUCH GIFTS THAT ENSURE THE HEALTH AND LONGEVITY OF THE BUTLER FOUNDATION AND THE SUPPORT IT GIVES TO THE COLLEGE. PROVISIONS TO ATHLETICS, STUDENT EMERGENCY LOANS, DIVERSITY TRAINING, AND NON-SCHOLARSHIP SUPPORT TO ACADEMIC AREAS OF THE COLLEGE IS POSSIBLE BECAUSE OF THE INCREASED NUMBER OF PLANNED AND CURRENT GIFTS THAT ESTABLISH ENDOWED FUNDS.


THE BUTLER COMMUNITY COLLEGE FOUNDATION PROVIDED SCHOLARSHIPS TO OVER 870 STUDENTS. NEARLY 39% OF BUTLER STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS AND REPORT THEY STRUGGLE TO BALANCE WORK, FAMILY AND SCHOOL. FORTY-TWO PERCENT EARN LESS THAN $10,000 ANNUALLY AND SIXTY- THREE PERCENT EARN LESS THAN $20,000. SCHOLARSHIP SUPPORT IS CRITICAL TO STUDENTS ABILITY TO ATTEND COLLEGE AND PROVIDE A BRIGHTER FUTURE FOR THEMSELVES AND THEIR FAMILIES.


THE FOUNDATION INCURRED OTHER INDIRECT PROGRAM EXPENSES ASSOCIATED WITH DIRECTING THE FOUNDATIONS MISSION OF PROVIDING SCHOLARSHIP OPPORTUNITIES TO BUTLER COMMUNITY COLLEGE STUDENTS AND FUNDING SPECIAL PROJECTS AND PROGRAMS FOR BUTLER COMMUNITY COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Borrego
VP Of Advancement
$133,250
Angie Friesen
Accounting Officer
$61,000
Rod Young
President
$0
Mike Clifton
Treasurer
$0
Evan Funk
President-Elect
$0
Dr Kim Krull
Ex-Offocio
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,221,673
Investment income $251,273
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,174,788
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,655,882

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Butler Community College Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
Lola Lee Jackson Animal Welfare Foundation

El Dorado, KS

PURPOSE: ANIMAL WELFARE FOR AGRICULTURE PROGRAM

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,543,362
Earnings$3,200,818
Net Contributions$880,550
Other Expense$1,116,754
Ending Balance$17,507,976

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