Butt Family Charitable Foundation
- Assets
- $413.2k
- Revenue
- $67.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, AL
- Founding
- Data as of
- 12/2023
- EIN
- 86-6489896
Organization Overview
Butt Family Charitable Foundation is located in Madison, AL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Butt Family Charitable 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 12/2023, Butt Family Charitable Foundation generated $67.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $29.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISLAMIC ACADEMY OF HUNTSVILLE
DEVELOPMENTS IN LITERACY
HUNTSVILLE ISLAMIC CENTER
HELPING HAND USA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hafeez Butt Trustee | 0 | $0 | |
Hehnaz Butt Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $67,180 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,180 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $350 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $29,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,258 |
| Savings and temporary cash investments | $283,911 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $413,169 |
| 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, Butt Family Charitable Foundation has awarded $29,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HELPING HAND RELIEF AND DEVELOPMENT PURPOSE: HELP POOR AND NEEDY | $3,000 |
SERVING HUMANITY PURPOSE: HELP PROVIDE MEDICAL ASSISTANCE, FOOD AND EDUCATION | $1,000 |
MERCY USA FOR AID AND DEVELOPEMNT PURPOSE: HELP POOR AND NEEDY TOWARDS EDUCATION | $1,000 |
ISLAMIC ACADEMY OF HUNTSVILLE PURPOSE: HELP POOR AND NEEDY TOWARDS EDUCATION | $5,000 |
ICNA RELIEF USA PURPOSE: HELP ORPHANS AND WIDOWS | $3,000 |
DEVELOPMENTS IN LITERACY PURPOSE: PROVIDE EDUCATION TO POOR AND UNDERSERVED KIDS | $5,000 |