Dorene And Lee Butler Family Foundation
- Assets
- $2.7m
- Revenue
- $87.2k
- Investments
- $2.7m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 47-0816345
Organization Overview
Dorene And Lee Butler Family Foundation is located in Newport Beach, CA. The organization was established in 1999. 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. Dorene And Lee 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, Dorene And Lee Butler Family Foundation generated $87.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $249.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Dorene And Lee Butler Family Foundation has awarded 98 individual grants totaling $1,206,975. 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
2022
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 |
|---|---|---|---|
George Lee Butler Secretary/treas/dir- As Needed | 0 | $0 | |
Lisa Butler Herring President-Time As Needed | 0 | $8,000 | |
Brett Lee Butler Director- Time As Needed | 0 | $0 | |
Patricia Dawn Butler Director-Time As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $100,368 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,125 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $64 |
| Taxes | $2,307 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,316 |
| Total operating and administrative expenses | $45,682 |
| Contributions, gifts, grants paid | $203,894 |
| Total expenses and disbursements | $249,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,857 |
| 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 | $968,520 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,722,016 |
| Accounts payable and accrued expenses | $61,945 |
| 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 | $61,945 |
Grants Awarded
Over the last fiscal year, Dorene And Lee Butler Family Foundation has awarded $203,894 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
LAGUNA BEACH SENIORS INC PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $10,000 |
SANCTUARY SPRINGS INC PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $155,250 |
RONALD MCDONALD HOUSE CHARITIES BAY AREA PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $1,064 |
ADVENTURERS AND SCIENTISTS FOR CONSERVATION PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $1,040 |
PARK CITY COMMUNITY FOUNDATION PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $25,000 |
SAN FRANCISCO FOOD BANK PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $515 |