David Butler Family Foundation Inc
- Assets
- $847.7k
- Revenue
- $34.1k
- Investments
- $714.5k
- Employees
- 0
- Location
- Keswick, VA
- Founding
- 12/2000
- Data as of
- 12/2021
- 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 12/2021, David Butler Family Foundation Inc generated $34.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $24.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, David Butler Family Foundation Inc has awarded 58 individual grants totaling $284,701. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Butler Chairman/treasurer | 0.5 | $0 | |
Patricia J Butler Secretary | 0.5 | $0 | |
Suzanne Winstead Vice Chairman | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $8,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,789 |
| Capital Gain Net Income | $25,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $253 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,385 |
| Total operating and administrative expenses | $8,038 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $24,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $133,139 |
| 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 | $100,325 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $847,685 |
| 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 $16,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Napa, CA PURPOSE: LOCAL AREA LAND PRESERVATION | $7,500 |
Napa, CA PURPOSE: YOUTH DEVELOPMENT PROGRAMS | $5,000 |
NIMBUS ARTS PURPOSE: PROMOTE ART | $3,000 |
Washington, DC PURPOSE: YOUTH DEVELOPMENT PROGRAMS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |
Berry Charitable Foundation Greensboro, NC | $66,443,887 | $19,441,279 |
Mcleod Family Foundation Inc Roanoke, VA | $24,622,922 | $3,411,070 |
Petters Family Foundation Newport News, VA | $24,802,843 | $3,836,696 |
Louisiana First Horizon Foundation Memphis, TN | $16,881,232 | $5,299 |
Richmond Community Foundation Inc Charlotte, NC | $38,277,506 | $4,248,751 |
Tamias Foundation Hunt Valley, MD | $26,017,429 | $6,201,686 |
Progressive Multiplier Fund Washington, DC | $799,490 | $1,927,337 |
Weaver Foundation Inc Greensboro, NC | $30,406,218 | $3,650,390 |