Butterfield Foundation Inc
Butterfield Foundation Inc is a private foundation, based in Colorado Springs, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $672K in total assets. In 2024, it awarded 4 grants totaling $69K. Net investment income was $31K.
Key facts about Butterfield Foundation Inc
- EIN
- 59-2972150
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $68,500
- Grants made (2024)
- 4
- Average grant
- $17,125
- Median grant
- $7,500
- Total assets
- $672,070
- Primary geography
- Colorado (78% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Butterfield Foundation Inc funds
By grant dollars, the top recipient states for Butterfield Foundation Inc's 4 itemized 2024 grants were Colorado (78%), Tennessee (15%) and Florida (7%). 50% of grants with a stated purpose were for general or operating support.
How Butterfield Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 195% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Butterfield Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$672K
+42.6% YoY
Annual Giving
$69K
+75.6% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$17K
+75.6% YoY
Under IRS private-foundation payout rules, Butterfield Foundation Inc reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Butterfield Foundation Inc
Based on IRS filings
Butterfield Foundation Inc is a private foundation, based in Colorado Springs, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $672K in total assets. In 2024, it awarded 4 grants totaling $69K. Net investment income was $31K.
Ready to take the next step with Butterfield Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $672,070 | $471,449 | $554,715 |
| Revenue | $95,836 | $23,369 | $15,670 |
| Expenses | $128,482 | $106,636 | $61,186 |
| Qualifying Distributions | $68,500 | $39,000 | $58,500 |
| Net Investment Income | $31,409 | $29,828 | $27,208 |
| Distributable Amount | $35,085 | $27,427 | $26,809 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Camp Como ($50,000), CASA Monroe ($10,000), Art for the Soul ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP COMO Como, CO | OPERATING EXPENSES AND FACILITIES CAPITAL | $50,000 |
| CASA MONROE Madisonville, TN | DONATION FOR CHILDRENS PROTECTIVE SERVICES | $10,000 |
| ART FOR THE SOUL Port Orange, FL | OPERATING COSTS | $5,000 |
| AMANDA SMITH Colorado Springs, CO | MEDICAL INSURANCE | $3,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alan Butterfield | President & Treasurer | 10 | — |
| Jennifer Butterfield | Vice President & Secretary | — | — |
| Jim Collier | Board Manager | — | — |
Frequently Asked Questions
How large is Butterfield Foundation Inc?
As of 2024, Butterfield Foundation Inc holds $672K in total assets with $96K in annual revenue. It awarded 4 grants totaling $69K in 2024.
Where does Butterfield Foundation Inc operate?
Butterfield Foundation Inc has awarded grants in Colorado, Florida, Ohio, Tennessee.
What size grants does Butterfield Foundation Inc award?
In 2024, Butterfield Foundation Inc awarded 4 grants totaling $69K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Butterfield Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Butterfield Foundation Inc reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Butterfield Foundation Inc's EIN?
Butterfield Foundation Inc's EIN (Employer Identification Number) is 59-2972150. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.