Patrick & Aimee Butler Family Foundation
- Assets
- $97.4m
- Revenue
- $2.3m
- Investments
- $87.7m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 06/1953
- Data as of
- 12/2022
- 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 12/2022, Patrick & Aimee Butler Family Foundation generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Patrick & Aimee Butler Family Foundation has awarded 623 individual grants totaling $22,363,865. 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 |
|---|---|---|---|
Sara Rottunda Chair | 2 | $0 | |
Temple Peterson Vice Chair | 2 | $0 | |
Bridget O'brien Secretary | 2 | $0 | |
John K Butler Treasurer | 22 | $81,000 | |
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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,368,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,425,507 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $314,295 |
| Total Revenue | $2,257,103 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,000 |
| Other employee salaries and wages | $235,200 |
| Pension plans, employee benefits | $34,611 |
| Interest | $0 |
| Taxes | $71,995 |
| Depreciation | $0 |
| Occupancy | $37,913 |
| Travel, conferences, and meetings | $19,690 |
| Printing and publications | $127 |
| Other expenses | $205,762 |
| Total operating and administrative expenses | $988,482 |
| Contributions, gifts, grants paid | $4,059,750 |
| Total expenses and disbursements | $5,048,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,678 |
| Savings and temporary cash investments | $9,399,280 |
| 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 | $12,368 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,579,235 |
| Investments—other | $48,417,406 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $282,168 |
| Total assets | $97,421,248 |
| Accounts payable and accrued expenses | $52,038 |
| Grants payable | $1,240,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $230,537 |
| Total liabilities | $1,522,575 |
Grants Awarded
Over the last fiscal year, Patrick & Aimee Butler Family Foundation has awarded $5,769,750 in support to 168 organizations.
| Grant Recipient | Amount |
|---|---|
180 DEGREES INC PURPOSE: BRITTANY'S PLACE | $30,000 |
AGATE HOUSING & SERVICES PURPOSE: FOOD CENTRE FIRE RESPONSE | $15,000 |
AIN DAH YUNG CENT PURPOSE: GENERAL OPERATIONS | $30,000 |
AGATE HOUSING & SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
AIN DAH YUNG CENTER PURPOSE: CYBERSECURITY EFFORTS | $500 |
ALIGHT PURPOSE: HOUSING SUPPORTS FOR AFGHAN EVACUEES | $10,000 |