Butwel Family Foundation
- Assets
- $112.5k
- Revenue
- $48.0k
- Investments
- $99.2k
- Employees
- 0
- Location
- Jamison, PA
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 23-7770589
Organization Overview
Butwel Family Foundation is located in Jamison, PA. The organization was established in 1995. 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. Butwel Family 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 12/2023, Butwel Family Foundation generated $48.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $39.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Butwel Family Foundation has awarded 43 individual grants totaling $175,700. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry E Butwel Trustee | 0 | $0 | |
Nancy C Devlin Trustee | 2 | $2,400 | |
Thomas M Devlin Trustee | 2 | $2,400 | |
Susan Goodwin Trustee | 0 | $2,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,634 |
| Interest on Savings | $38 |
| Dividends & Interest | $4,604 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,694 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,206 |
| Total operating and administrative expenses | $10,257 |
| Contributions, gifts, grants paid | $29,500 |
| Total expenses and disbursements | $39,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,264 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $112,477 |
| Accounts payable and accrued expenses | $24,643 |
| 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 | $24,643 |
Grants Awarded
Over the last fiscal year, Butwel Family Foundation has awarded $29,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ST CYRIL OF JERUSALEM PURPOSE: GENERAL PURPOSE | $15,000 |
LEGACY OF LIFE PURPOSE: GENERAL PURPOSE | $500 |
OBLATESOF ST FRANCIS DE SALES DEV FD PURPOSE: GENERAL PURPOSE | $2,000 |
SISTERS OF THE BLESSED SACREMENT PURPOSE: GENERAL PURPOSE | $2,000 |
CHILDREN'S HOSPITAL OF PHILA PURPOSE: GENERAL PURPOSE | $2,000 |
SISTERS OF IHM PURPOSE: GENERAL PURPOSE | $2,000 |