Patrick & Aimee Butler Family Foundation
- Assets
- $110.0m
- Revenue
- $8.6m
- Investments
- $100.1m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 06/1953
- Data as of
- 12/2021
- EIN
- 41-6009902
Organization Overview
Patrick & Aimee Butler Family Foundation is located in St Paul, MN. The organization was established in 1953. 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. Patrick & Aimee Butler 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 12/2021, Patrick & Aimee Butler Family Foundation generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $7.7m during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 4 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, Patrick & Aimee Butler Family Foundation has awarded 455 individual grants totaling $16,594,115. 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 |
|---|---|---|---|
Robert Hybben Co-Director | 32 | $98,500 | |
Joanne Peters Co-Director | 32 | $98,500 | |
John K Butler Treasurer | 22 | $81,000 | |
Bridget E Mcelroy Trustee | 2 | $0 | |
Madeline Butler Trustee | 2 | $0 | |
Andrew Lefevour Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mondrian Investment Partners | 12/30/21 | $256,610 |
Sit Investment Associates | 12/30/21 | $53,352 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $225,075 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,885,291 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,529,459 |
| Capital Gain Net Income | $3,529,459 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,639,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,000 |
| Other employee salaries and wages | $197,000 |
| Pension plans, employee benefits | $30,046 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $35,917 |
| Travel, conferences, and meetings | $2,683 |
| Printing and publications | $79 |
| Other expenses | $382,261 |
| Total operating and administrative expenses | $769,368 |
| Contributions, gifts, grants paid | $6,883,850 |
| Total expenses and disbursements | $7,653,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,281 |
| Savings and temporary cash investments | $9,705,995 |
| 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 | $27,525 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,227,265 |
| Investments—other | $54,948,547 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,296 |
| Total assets | $109,951,624 |
| Accounts payable and accrued expenses | $77,455 |
| Grants payable | $1,710,000 |
| 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 | $1,787,455 |
Grants Awarded
Over the last fiscal year, Patrick & Aimee Butler Family Foundation has awarded $8,593,850 in support to 250 organizations.
| Grant Recipient | Amount |
|---|---|
Saint Paul, MN PURPOSE: RESTORING WATER CAPITAL CAMPAIGN | $250,000 |
JEREMIAH PROGRAM PURPOSE: EXPANSION OF MENTAL HEALTH | $250,000 |
NEIGHBORHOOD HOUSE PURPOSE: HOUSING STABILITY EMERGENCY RESPONSE | $200,000 |
Saint Paul, MN PURPOSE: REGRANTING TO SELECTED ORGANIZATIONS | $195,000 |
SECOND HARVEST HEARTLAND PURPOSE: MINNESOTA CENTRAL KITCHEN | $100,000 |
MINNEAPOLIS INSTITUTE OF ART PURPOSE: COVID-19 EMERGENCY RELIEF | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
American Family Insurance Dreams Foundation Inc Madison, WI | $10,733,127 | $6,580,229 |
Joseph And Vera Zilber Charitable Foundation Inc Milwaukee, WI | $301,880,639 | $24,555,392 |
Argosy Foundation Milwaukee, WI | $36,932,110 | $41,277,914 |
Cargill Foundation Minneapolis, MN | $286,172,868 | $105,535,102 |
Schoeneckers Foundation Minneapolis, MN | $145,295,949 | $7,540,866 |
The Curtis L Carlson Family Foundation Minnetonka, MN | $300,826,673 | $21,132,663 |
Principal Financial Group Foundation Inc Des Moines, IA | $217,742,870 | $19,396,180 |
Herbert H Kohl Charities Inc Milwaukee, WI | $19,332,679 | $4,430,173 |
Andreas Foundation Mankato, MN | $70,794,995 | $28,410,107 |
Frechette Family Foundation Minneapolis, MN | $167,055,978 | $9,430,765 |