Charles Butt Foundation
- Assets
- $11.1m
- Revenue
- $26.0m
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- Data as of
- 12/2022
- EIN
- 90-1548640
Organization Overview
Charles Butt Foundation is located in San Antonio, TX. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Charles Butt 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 12/2022, Charles Butt Foundation generated $26.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 73.1% each year . All expenses for the organization totaled $20.5m during the year ending 12/2022. While expenses have increased by 46.9% per year over the past 3 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 2020, Charles Butt Foundation has awarded 185 individual grants totaling $25,708,880. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISING TEXAS TEACHERS - A STATEWIDE INITIATIVE AIMED AT ENSURING EVERY STUDENT IN TEXAS HAS ACCESS TO AN EFFECTIVE TEACHER BY ELEVATING THE STATUS OF THE TEACHING PROFESSION, IMPROVING TEACHER PREPARATION, AND PROVIDING SCHOLARSHIPS TO ASPIRING TEACHERS.
BLENDED LEARNING PROGRAM - AN INITIATIVE SHOWCASING BLENDEDLEARNING STRATEGIES FOR IMPROVING STUDENT ACHIEVEMENT ACROSSDIVERSE STUDENT DEMOGRAPHICS AND GEOGRAPHIC REGIONS INTEXAS, PARTICULARLY AMONG DISTRICTS WITH PERSISTENT ACHIEVEMENT GAPS. THROUGH A STATEWIDE COMPETITIVE APPLICATION PROCESS, TWENTY SCHOOL DISTRICT TEAMS HAVE BEEN SELECTED TO RECEIVE UP TO $300,000 TO IMPLEMENT A BLENDED LEARNING PROGRAM. ADDITIONALLY, THE FOUNDATION WILL PROVIDE INTENSIVE TECHNICAL ASSISTANCE OVER THREE YEARS TO HELP IMPLEMENT THE BLENDED LEARNING PLANS.
TEXAS LEADERSHIP SYMPOSIUM - THE LEADERSHIP SYMPOSIUM IS ANINTENSE PROFESSIONAL DEVELOPMENT CONFERENCE ON PUBLICEDUCATION WITH LOCAL, STATE, NATIONAL AND GLOBAL EMPHASIS.THE EXPERIENCE IS INTERACTIVE AND MOTIVATIONAL, AND ITDELIVERS THE LATEST DATA, BEST PRACTICES, AND MOSTINNOVATIVE CONCEPTS IN THE WORLD OF PUBLIC EDUCATION TODAY.THE SYMPOSIUM INSPIRES ATTENDEES TO BROADEN THEIR SCOPE OFINFLUENCE BEYOND THEIR CAMPUS AND TO PUSH THEIR THINKING ANDPRACTICE BEYOND ITS CURRENT STATE.
RAISING SCHOOL LEADERS - THE FOUNDATIONS FIRST STATEWIDE PROGRAM, CONSISTS OF A WEEK-LONG LEADERSHIP DEVELOPMENT INSTITUTE THROUGH THE PRINCIPALS' CENTER AT THE HARVARD GRADUATE SCHOOL OF EDUCATION AND YEAR LONG PARTICIPATION IN A COMMUNITY OF PRACTICE FOCUSED ON CAMPUS IMPROVEMENT AND INDIVIDUAL LEADERSHIP DEVELOPMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles C Butt Chairman, Director, Member | 0.5 | $0 | |
Charles H Clines - See Stmt 8 Ceo, Treasurer, Director | 11 | $141,925 | |
Elizabeth Lorenz Secretary, Director | 1 | $0 | |
Shari Albright President, Director | 40 | $457,569 | |
Petri Darby VP Brand, Creative & | 40 | $245,089 | |
Timothy Miller Director Of Leadersh | 40 | $235,067 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ca Group Consulting | 12/30/22 | $1,194,250 |
American Institutes For Research | 12/30/22 | $426,045 |
Raise Your Hand For Public Schools | 12/30/22 | $1,191,308 |
Wested | 12/30/22 | $855,677 |
Fairwinds Management Llc | 12/30/22 | $352,911 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,032,378 |
| Interest on Savings | $3,669 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,036,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $632,456 |
| Other employee salaries and wages | $2,607,147 |
| Pension plans, employee benefits | $836,047 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $123,928 |
| Occupancy | $235,220 |
| Travel, conferences, and meetings | $1,620,364 |
| Printing and publications | $0 |
| Other expenses | $1,369,262 |
| Total operating and administrative expenses | $12,136,377 |
| Contributions, gifts, grants paid | $8,409,276 |
| Total expenses and disbursements | $20,545,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $669,840 |
| Savings and temporary cash investments | $10,371,426 |
| 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 | $0 |
| Net Land, buildings, and equipment | $27,420 |
| Other assets | $0 |
| Total assets | $11,068,686 |
| 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 | $35,031 |
| Total liabilities | $35,031 |
Grants Awarded
Over the last fiscal year, Charles Butt Foundation has awarded $8,409,276 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
ALAMO COLLEGES FOUNDATION PURPOSE: ALAMOPROMISE: PARTNERING TO END POVERTY | $300,000 |
ARLINGTON ISD PURPOSE: RAISING BLENDED LEARNERS GRANT | $122,571 |
BLUE STAR CONTEMPORARY PURPOSE: ART EDUCATION FUND | $15,000 |
CENTER FOR APPLIED SCIENCE & TECHNOLOGY NETWORK PURPOSE: RAISING BLENDED LEARNERS GRANT | $100,000 |
DALLAS ISD PURPOSE: RAISING BLENDED LEARNERS GRANT | $159,680 |
DEKALB ISD PURPOSE: RAISING BLENDED LEARNERS GRANT | $92,633 |