David Butler Family Foundation Inc
- Assets
- $730.9k
- Revenue
- $32.1k
- Investments
- $619.6k
- Employees
- 0
- Location
- Keswick, VA
- Founding
- 12/2000
- Data as of
- 12/2023
- EIN
- 52-2206532
Organization Overview
David Butler Family Foundation Inc is located in Keswick, VA. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. David Butler Family Foundation Inc 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, David Butler Family Foundation Inc generated $32.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $38.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, David Butler Family Foundation Inc has awarded 65 individual grants totaling $327,201. 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 |
|---|---|---|---|
David Butler Chairman/tre | 0.5 | $0 | |
Patricia J Butler Secretary | 0.5 | $0 | |
Suzanne Winstead Vice Chairma | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,918 |
| Dividends & Interest | $9,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,055 |
| Capital Gain Net Income | $20,055 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,118 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $197 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,663 |
| Total operating and administrative expenses | $8,206 |
| Contributions, gifts, grants paid | $30,734 |
| Total expenses and disbursements | $38,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,647 |
| 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 | $590,333 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $690 |
| Total assets | $730,916 |
| 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, David Butler Family Foundation Inc has awarded $27,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
911 4HNC PURPOSE: CHARITABLE DONATION | $5,000 |
COMMUNITY CLIMATE COLLABORATIVE PURPOSE: CHARITABLE DONATION | $5,000 |
READYKIDS PURPOSE: CHARITABLE DONATION | $5,000 |
FRONT PORCH PURPOSE: CHARITABLE DONATION | $5,000 |
SHELTER FOR HELP IN EMERGENCY PURPOSE: CHARITABLE DONATION | $7,500 |