Burton Family Foundation

The information for Burton Family Foundation is as of the organization's most recent filing in March 2020. This organization is located in Phoenix, AZ and was founded in 2016, putting it in existence for four years.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Burton Family Foundation's NTEE code is T11. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "11" tells us that the organization is a Single Organization Support. The NTEE describes Single Organization Support as organizations existing as a fund-raising entity for a single institution within the Philanthropy, Voluntarism & Grantmaking Foundations major group area.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Burton Family Foundation is to perform the functions of, or to carry out the purposes of the Arizona Community Foundation, an AZ nonprofit corporation, so long as the Arizona Community Foundation, Inc. remains a qualified organization.

Program Areas

The Arizona Community Foundation, Inc. provides grants to charitable organizations in support of its own purposes. These grants are funded through the general fund.

Organization Staffing

Burton Family Foundation is run by Steven G Seleznow, who is the President. The organization has no employees, but it is supported by 3 volunteers.

Board Governance

The Burton Family Foundation is well-governed by a board composed of five voting members and three independent members. The organization has put in place policies to address potential conflicts of interest, such as a conflict of interest policy and a whistleblower policy. Board and committee meetings are documented and the organization provides copies of the 990 to the board prior to filing. However, the organization does not substantiate or review leadership or officer salaries. This is an area that the Burton Family Foundation should consider improving in order to ensure that the organization is operating in an ethical and transparent manner.

Grant History

Our dataset has five years of grant history for the Burton Family Foundation. In that time, they have awarded 155 grants, with an average check size of $45,468. The majority of grants were awarded in the Philanthropy, Voluntarism & Grantmaking Foundations sector. Additionally, the organization most frequently awards grants in the state of Arizona (123), California (9), Colorado (5), District of Columbia (7), Illinois (1), Minnesota (4), Missouri (3), and New York (1).

Organization Growth

Over the four year period from 2015 to 2019, the Burton Family Foundation has experienced a decrease in total revenue and contributions and grants received, however, there has been an increase in investment income and grants paid. The total number of volunteers has remained the same, making it difficult to determine overall growth of the organization.