Gertrude Butts Memorial Fund Inc

NEWARK, NJ EIN: 22-6043630

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.5M

+4.3% YoY

Annual Giving

$192K

+5.2% YoY

Grant Count

32

+10.3% YoY

Avg Grant Size

$6K

-4.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$62K$124K$187K$249K20202021202220232024
Metric202420232022
Total Assets$2,478,752$2,377,091$2,217,076
Revenue$166,324$67,288$69,186
Expenses$226,189$206,165$189,014
Qualifying Distributions$206,404$196,106$182,115
Net Investment Income$155,733$56,810$49,151
Distributable Amount$119,106$111,884$124,990

Giving Over Time

Total grant dollars and number of grants per year

$0$48K$96K$144K$192K26 grants202030 grants202129 grants202229 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AKEEM KASWARRA$7KALISSA PHILL$7KANNA BENJAMIN$7KDEMILLE TOWNES$7KDONALD DAVIS JR$7KEMELY ARMAS$7KKY'ZIRAH TOWNES$7KMICHAEL D BENJAMIN$7KMIHEAVEN REID$7KNAKARA JOHNSON$7K

Grant Size Distribution

146 grants across all recorded years

146<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Gertrude Butts Memorial Fund Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALLISON GARDE ESQPRESIDENT1
MICHAEL LINGVICE PRESIDENT1
ROSIE GRANTTREASURER1
MARY ANN RISLEYSECRETARY1
JULI TOWELLSCHOLARSHIP CHAIR1
THE REVEREND MIGUEL HERNANDEZTRUSTEE1
ALICIA WIGNALL STATHUMTRUSTEE1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

Bay HeadBellevilleBloomfieldEaglewoodEast OrangeHarrington ParkHarrisonIrvingtonJersey CityLivingstonMadisonMillburnMontclairNew MilfordNewarkNewtonOaklandOrangePatersonPatterson

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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