Butterfly Equity Foundation
Butterfly Equity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 23 grants totaling $622K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$232K
-20.3% YoY
Annual Giving
$622K
+10.8% YoY
Grant Count
23
+35.3% YoY
Avg Grant Size
$27K
-18.1% YoY
Under IRS private-foundation payout rules, Butterfly Equity Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Butterfly Equity Foundation
Based on IRS filings
Butterfly Equity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 23 grants totaling $622K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $231,971 | $290,931 | $187,860 |
| Revenue | $809,100 | $897,656 | $580,203 |
| Expenses | $998,712 | $794,695 | $736,446 |
| Qualifying Distributions | $867,278 | $793,261 | $735,012 |
| Net Investment Income | — | — | — |
| Distributable Amount | $8,040 | $7,636 | $10,526 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Food Forward ($72,025), Hollywood Food Coalition ($71,716), Alma Backyard Farm ($69,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALMA BACKYARD FARM LOS ANGELES, CA | GENERAL OPERATIONS | $69,000 |
| COMMUNITY PARTNERS LOS ANGELES, CA | GENERAL OPERATIONS - FOR LA FOOD POLICY COUNCIL | $68,500 |
| FARM2PEOPLE LOS ANGELES, CA | GENERAL OPERATIONS | $41,500 |
| FOOD FORWARD NORTH HOLLYWOOD, CA | GENERAL OPERATIONS | $72,025 |
| FOODCORPS INC PORTLAND, CA | GENERAL OPERATIONS | $21,500 |
| GARDEN SCHOOL FOUNDATION LOS ANGELES, CA | GENERAL OPERATIONS | $1,000 |
| GROWING COMMUNITIES INC LOS ANGELES, CA | GENERAL OPERATIONS | $1,500 |
| HOLLYWOOD FOOD COALITION LOS ANGELES, CA | GENERAL OPERATIONS | $71,716 |
| LA COMPOST LOS ANGELES, CA | GENERAL OPERATIONS | $2,525 |
| PROJECT ANGEL FOOD LOS ANGELES, CA | GENERAL OPERATIONS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADAM WAGLAY | CO-PRESIDENT, DIRECTOR | 2 | — |
| DUSTIN BECK | CO-PRESIDENT, DIRECTOR | 2 | — |
| PETER TANG | TREASURER, DIRECTOR | 2 | — |
| BILL LEVISAY | BOARD MEMBER (BEG 01/24) | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Butterfly Equity Foundation?
Butterfly Equity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. It holds $232K in total assets as of 2024.
How large is Butterfly Equity Foundation?
As of 2024, Butterfly Equity Foundation holds $232K in total assets with $809K in annual revenue. It awarded 23 grants totaling $622K in 2024.
Where does Butterfly Equity Foundation operate?
Butterfly Equity Foundation has awarded grants in California, Massachusetts, Oregon.
What size grants does Butterfly Equity Foundation award?
In 2024, Butterfly Equity Foundation awarded 23 grants totaling $622K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Butterfly Equity Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Butterfly Equity Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Butterfly Equity Foundation's EIN?
Butterfly Equity Foundation's EIN (Employer Identification Number) is 81-4015045. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Butterfly Equity Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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