David C Butterfield and Alfonso D Rubio logo

David C Butterfield and Alfonso D Rubio

NEW YORK, NY EIN: 84-3974184 Website

The David C Butterfield and Alfonso D Rubio Memorial Foundation is a private grantmaking foundation based in Aspen, Colorado. The foundation was established as a memorial to David C Butterfield and Alfonso D Rubio. According to IRS filings, the organization filed a final return in 2023, indicating the foundation has ceased operations or merged with another organization.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$9.6M

+137.8% YoY

Grant Count

16

+14.3% YoY

Avg Grant Size

$601K

+108.1% YoY

Under IRS private-foundation payout rules, David C Butterfield and Alfonso D Rubio reported a distributable amount of $4.0M for 2023 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation has demonstrated significant philanthropic activity. Based on available financial data:

Grant Range

** $30 to $10,016,640

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking has primarily focused on:

  • New York
  • Colorado
  • California

Grant Distribution by State

12states
+4 more states

Cities

AspenBaltimoreBeavertonBerkeleyBostonCambridgeChicagoClintonDallasHanoverKissimmeeLa HarpeLaguna HillsLos AngelesMenlo ParkMiamiNew YorkNew York CityOaklandPasadena

Financial History

Multi-year comparison from IRS filings

As of 2023 IRS Filing:

  • Total assets: $0
  • Total giving: $9,616,516

The foundation's asset position of $0 as of the final 2023 return aligns with the organization's status as having filed a final return, suggesting the foundation has distributed its remaining assets or concluded operations.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$60M$121M$181M$241M2020202120222023
Metric202320222021
Total Assets$262,841,649$229,390,732
Revenue$95,550,153$38,522,050$219,209,286
Expenses$12,618,163$5,229,822$12,988,843
Qualifying Distributions$14,317,327$29,413,061$12,778,843
Net Investment Income$94,114,045$37,936,599$14,533,991
Distributable Amount$4,022,306$6,676,225$1,980,694

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$10M$13M32 grants202018 grants202114 grants202216 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

GALISTEO ART FOUNDATION$8.7MFOUNDATION FOR PUBLIC CO…$250KIMPACT AFRICA NETWORK$200KWHITNEY MUSEUM OF AMERIC…$125KINTERNATIONAL RESCUE COM…$100KUNICEF$54KYOUNGARTS$50KASPEN ART MUSEUM$25KFAMILY REACH FOUNDATION$25KGIRLS CLUB OF NEW YORK$25K

Grant Size Distribution

80 grants across all recorded years

29<$50K18$50–100K14$100–250K11$250–500K4$500K–1M2$1–5M2$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Galisteo Art Foundation ($8,715,247), Foundation for Public Code Na ($250,000), Impact Africa Network ($200,000).

RecipientPurposeAmount
ANDERSON RANCH ARTS CENTER SNOWMASS VILLAGE, COGENERAL SUPPORT.$2,325
ASPEN ART MUSEUM ASPEN, COGENERAL SUPPORT.$25,000
CARNEGIE HALL NEW YORK, NYGENERAL SUPPORT.$5,000
FAMILY REACH FOUNDATION BOSTON, MAGENERAL SUPPORT.$25,000
FOUNDATION FOR PUBLIC CODE NA GENERAL SUPPORT.$250,000
FREDERICK DOUGLASS PROJECT WASHINGTON, DCGENERAL SUPPORT.$5,150
GALISTEO ART FOUNDATION ASPEN, COGENERAL SUPPORT.$8,715,247
GIRLS CLUB OF NEW YORK NEW YORK, NYGENERAL SUPPORT.$25,000
IMPACT AFRICA NETWORK KISSIMMEE, FLGENERAL SUPPORT.$200,000
INTERNATIONAL RESCUE COMMITTEE SAN JOSE, CAGENERAL SUPPORT.$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
DANIEL BUTTERFIELDCHIEF EXECUTIVE OFFICER5
JENNIFER BUTTERFIELDCHIEF FINANCIAL OFFICER/SECRETARY5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from David C Butterfield and Alfonso D Rubio?

The foundation has demonstrated significant philanthropic activity. Based on available financial data: • **Total giving (2023):** $9,616,516 • **Alternative reported total giving:** $4,043,873 • **Grant range:** $30 to $10,016,640 • **Primary funding focus areas:** Education, Philanthropy & Voluntarism, Human Services, Arts, Creative Writing, and Historic Buildings The foundation provided support to: • **Little Lions Kenya** (2023): $25,000 for general support • **1k Project for Ukraine** (2022…

Where does David C Butterfield and Alfonso D Rubio make grants?

The foundation's grantmaking has primarily focused on: • New York • Colorado • California

What size grants does David C Butterfield and Alfonso D Rubio award?

In 2023, David C Butterfield and Alfonso D Rubio awarded 16 grants totaling $9.6M — an average of about $601K per grant, based on its IRS Form 990 filings.

How much is David C Butterfield and Alfonso D Rubio required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, David C Butterfield and Alfonso D Rubio reported a distributable amount of $4.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David C Butterfield and Alfonso D Rubio's EIN?

David C Butterfield and Alfonso D Rubio's EIN (Employer Identification Number) is 84-3974184. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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