William B Butz Memorial Fund Inc
- Assets
- $1.4m
- Revenue
- $74.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Oley, PA
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 06-1784465
Organization Overview
William B Butz Memorial Fund Inc is located in Oley, PA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. William B Butz 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 12/2023, William B Butz Memorial Fund Inc generated $74.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $197.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, William B Butz Memorial Fund Inc has awarded 49 individual grants totaling $715,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ingrid Morning Trustee | 0 | $36,000 | |
Scott R Stoneback Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,344 |
| Capital Gain Net Income | $43,344 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,640 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $242 |
| Other expenses | $3,682 |
| Total operating and administrative expenses | $97,012 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $197,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,861 |
| Savings and temporary cash investments | $7,081 |
| 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 | $19,149 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,373,716 |
| 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, William B Butz Memorial Fund Inc has awarded $100,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF EMMAUS PUBLIC LIBRARY PURPOSE: EDUCATION | $5,000 |
BOROUGH OF ALBURTIS PURPOSE: HISTORICAL PRESERVATION | $3,000 |
ALBURTIS LOCKRIDGE HISTORICAL SOCIETY PURPOSE: HISTORICAL PRESERVATION | $30,000 |
CIVIC THEATRE OF ALLENTOWN PURPOSE: HISTORICAL | $12,000 |
PINE CREEK VALLEY WATERSHED ASSOCIATION PURPOSE: OPERATING BUDGET | $50,000 |