Red Butterfly Foundation
- Assets
- $21.5m
- Revenue
- $842.7k
- Investments
- $21.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 46-1624579
Organization Overview
Red Butterfly Foundation is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Red Butterfly 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, Red Butterfly Foundation generated $842.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 36.3% per year over the past 7 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 2015, Red Butterfly Foundation has awarded 177 individual grants totaling $7,678,597. 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 |
|---|---|---|---|
Rafaela Evans Director | 0 | $0 | |
Carolyn A Reers Director | 0 | $0 | |
Vanessa Evans Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,612 |
| Dividends & Interest | $354,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $480,261 |
| Capital Gain Net Income | $480,261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $842,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40,637 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $440 |
| Total operating and administrative expenses | $135,122 |
| Contributions, gifts, grants paid | $1,108,388 |
| Total expenses and disbursements | $1,243,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,940 |
| 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 | $21,372,680 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,482,620 |
| 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, Red Butterfly Foundation has awarded $1,108,388 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Jenkintown, PA PURPOSE: CHARITY'S GENERAL PURPOSES | $215,000 |
EQUALITY FUND CO CHARITIES AID FOUNDATION PURPOSE: CHARITY'S GENERAL PURPOSES | $150,000 |
San Francisco, CA PURPOSE: CHARITY'S GENERAL PURPOSES | $75,000 |
Boulder, CO PURPOSE: CHARITY'S GENERAL PURPOSES | $75,000 |
San Francisco, CA PURPOSE: CHARITY'S GENERAL PURPOSES | $60,000 |
MARIE STOPES INTERNATIONAL PURPOSE: CHARITY'S GENERAL PURPOSES | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lenfest Inst For Journalism Spe Asset Fund Of The Phl Foundation Philadelphia, PA | $99,634,192 | $14,397,650 |
Givinga Foundation Inc Wellesley, MA | $2,876,364 | $15,849,424 |
Justgive Inc Weston, CT | $5,012,575 | $11,301,311 |
Clara Lionel Foundation New York, NY | $44,086,810 | $23,596,509 |
Visionspring New York, NY | $15,269,850 | $12,679,680 |
America Gives Inc New York, NY | $1,069,288 | $7,827,978 |
Foundations In Education Inc Bridgeport, CT | $36,181,181 | $11,526,982 |
Grant Recommendation Fund Spring Valley, NY | $460,055 | $4,767,095 |
Yougivegoods Foundation Inc Mendham, NJ | $162,103 | $4,310,625 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Catherine Jefferson Foundation Darien, CT | $18,987,801 | $13,741,460 |