Danny Butler Memorial Fund Inc
- Assets
- $7.5m
- Revenue
- $597.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Rye, NY
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 90-0758748
Organization Overview
Danny Butler Memorial Fund Inc is located in Rye, NY. The organization was established in 2011. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danny Butler Memorial Fund 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 12/2022, Danny Butler Memorial Fund Inc generated $597.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $50.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Danny Butler Memorial Fund Inc has awarded 18 individual grants totaling $815,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT INDIVIDUALS AFFECTED WITH CANCER AND THEIR FAMILIES AND ORGANIZATIONS ENGAGED IN CHARITABLE, SCIENTIFIC AND/OR EDUCATIONAL ACTIVITIES RELATED TO CANCER. TO PROVIDE MONETARY SUPPORT TO INDIVIDUALS AFFLICTED WITH COLON CANCER OR COLORECTAL CANCER AND TO EXEMPT ORGANIZATIONS ENGAGED IN EXEMPT ACTIVITIES RELATED TO THOSE FORMS OF CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AN ORGANIZATION ENGAGED IN CHARITABLE, SCIENTIFIC AND/OR EDUCATIONSL ACTIVITIES RELATED TO CANCER.
SUPPORT AN ORGANIZATION ENGAGED IN CHARITABLE, SCIENTIFIC AND/OR EDUCATIONSL ACTIVITIES RELATED TO CANCER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Butler Director/pre | OfficerTrustee | 1 | $0 |
Jeremiah Harris Dir/sec/trea | OfficerTrustee | 1 | $0 |
James Head Director/vp | OfficerTrustee | 1 | $0 |
David M Butler Director/pre | OfficerTrustee | 1 | $0 |
Jeremiah Harris Dir/sec/trea | OfficerTrustee | 1 | $0 |
James Head Director/vp | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $213,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $514,919 |
| Total Program Service Revenue | $0 |
| Investment income | $158,220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,255 |
| Net Income from Fundraising Events | -$58,561 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $597,323 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,128 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,716 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,549 |
| Total functional expenses | $50,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,135,793 |
| Savings and temporary cash investments | $1,136,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,266,935 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,548,901 |
| Accounts payable and accrued expenses | $34,549 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $34,549 |
| Net assets without donor restrictions | $7,514,352 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,548,901 |
Grants Awarded
Over the last fiscal year, Danny Butler Memorial Fund Inc has awarded $325,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: CANCER RESEARCH | $25,000 |
DANA-FARBER CANCER INSTITUTE PURPOSE: CANCER RESEARCH | $100,000 |
USCNORRIS COMPREHENSIVE CANCER CENTER PURPOSE: CANCER RESEARCH | $100,000 |
UNIVERSITY OF VIRGINIA RECTOR AND VISITORS PURPOSE: CANCER RESEARCH | $50,000 |
YALE CANCER CENTER PURPOSE: CANCER RESEARCH | $50,000 |