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

+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

New York $15.3M (50%)

Colorado $8.9M (29%)

California $3.5M (11%)

Florida $945K (3%)

Oregon $936K (3%)

Massachusetts $347K (1%)

Maryland $269K (1%)

District of Columbia $168K (1%)

+4 more states

States

California Colorado District of Columbia Florida Illinois Massachusetts Maryland New Hampshire New York Oklahoma Oregon Texas

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

Metric	2023	2022	2021
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Grant Size Distribution

80 grants across all recorded years

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).

Recipient	Purpose	Amount
ANDERSON RANCH ARTS CENTER SNOWMASS VILLAGE, CO	GENERAL SUPPORT.	$2,325
ASPEN ART MUSEUM ASPEN, CO	GENERAL SUPPORT.	$25,000
CARNEGIE HALL NEW YORK, NY	GENERAL SUPPORT.	$5,000
FAMILY REACH FOUNDATION BOSTON, MA	GENERAL SUPPORT.	$25,000
FOUNDATION FOR PUBLIC CODE NA	GENERAL SUPPORT.	$250,000
FREDERICK DOUGLASS PROJECT WASHINGTON, DC	GENERAL SUPPORT.	$5,150
GALISTEO ART FOUNDATION ASPEN, CO	GENERAL SUPPORT.	$8,715,247
GIRLS CLUB OF NEW YORK NEW YORK, NY	GENERAL SUPPORT.	$25,000
IMPACT AFRICA NETWORK KISSIMMEE, FL	GENERAL SUPPORT.	$200,000
INTERNATIONAL RESCUE COMMITTEE SAN JOSE, CA	GENERAL SUPPORT.	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
DANIEL BUTTERFIELD	CHIEF EXECUTIVE OFFICER	5	—
JENNIFER BUTTERFIELD	CHIEF FINANCIAL OFFICER/SECRETARY	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.