Huddleston Butler Memorial Foundation is located in Seattle, WA. The organization was established in 1996. 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. Huddleston Butler Memorial 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, Huddleston Butler Memorial Foundation generated $129.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $138.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Huddleston Butler Memorial Foundation has awarded 92 individual grants totaling $470,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D A Davidson Trust Co Trustee | 5 | $16,464 | |
John Lefferdink Co-Trustee | 1 | $23,250 | |
Suzette Hall Co-Trustee | 1 | $27,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,345 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,978 |
| Capital Gain Net Income | $60,978 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,323 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,714 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,073 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,174 |
| Total operating and administrative expenses | $78,261 |
| Contributions, gifts, grants paid | $60,350 |
| Total expenses and disbursements | $138,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $68,040 |
| 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 | $116,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,840 |
| Total assets | $1,805,110 |
| 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 |
Over the last fiscal year, Huddleston Butler Memorial Foundation has awarded $60,350 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CARE NET PREGNANCY CENTER PURPOSE: GENERAL OPERATING | $4,000 |
CITY OF LAMAR PURPOSE: GENERAL OPERATING | $4,000 |
FRIENDS OF THE LIBRARY PURPOSE: GENERAL OPERATING | $850 |
HOLLY MINISTERIAL ALLIANCE PURPOSE: GENERAL OPERATING | $5,000 |
LAMAR AREA HOSPICE PURPOSE: GENERAL OPERATING | $10,000 |
LAMAR COMMUNITY COLLEGE FOUNDATION PURPOSE: GENERAL OPERATING | $8,000 |