Cestra Butner Family Foundation
- Assets
- $12.6m
- Revenue
- $1.3m
- Investments
- $11.7m
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 81-0730704
Organization Overview
Cestra Butner Family Foundation is located in Oakland, CA. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cestra Butner 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, Cestra Butner Family Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Cestra Butner Family Foundation has awarded 47 individual grants totaling $6,182,000. 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 |
|---|---|---|---|
Cestra Butner Trustee | 2 | $0 | |
Teresa Butner Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $346,906 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $967,046 |
| Capital Gain Net Income | $940,420 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,313,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,054 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $236 |
| Total operating and administrative expenses | $83,911 |
| Contributions, gifts, grants paid | $1,285,000 |
| Total expenses and disbursements | $1,368,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $435,105 |
| Savings and temporary cash investments | $412,517 |
| 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 | $1,495,281 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,575,363 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,275,000 |
| 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 | $1,275,000 |
Grants Awarded
Over the last fiscal year, Cestra Butner Family Foundation has awarded $1,560,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF AMERICA INC PURPOSE: SCHOLARSHIPS | $25,000 |
ALPHA GAMMA BOULE FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
BOULE FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
EOYDC PURPOSE: GENERAL SUPPORT | $125,000 |
HIDDEN GENIUS PROJECT PURPOSE: GENERAL SUPPORT | $125,000 |
LEND A HAND FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |