Gertrude Butts Memorial Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 32 grants totaling $192K. Net investment income was $156K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
Under IRS private-foundation payout rules, Gertrude Butts Memorial Fund Inc reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.
About Gertrude Butts Memorial Fund Inc
Based on IRS filings
Gertrude Butts Memorial Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 32 grants totaling $192K. Net investment income was $156K.
Focus Areas
Ready to take the next step with Gertrude Butts Memorial Fund Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Akeem Kaswarra ($7,000), Alissa Phill ($7,000), Anna Benjamin ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKEEM KASWARRA EAST ORANGE, NJ | SCHOLARSHIP | $7,000 |
| ALICIA RODRIGUEZ LIVINGSTON, NJ | SCHOLARSHIP | $5,000 |
| ALISSA PHILL EAST ORANGE, NJ | SCHOLARSHIP | $7,000 |
| ANNA BENJAMIN EAST ORANGE, NJ | SCHOLARSHIP | $7,000 |
| DEMILLE TOWNES PATERSON, NJ | SCHOLARSHIP | $7,000 |
| DONALD DAVIS JR SCOTTSDALE, AZ | SCHOLARSHIP | $7,000 |
| EMELY ARMAS NEWARK, NJ | SCHOLARSHIP | $7,000 |
| GLENDA GALLOWAY JERSEY CITY, NJ | SCHOLARSHIP | $6,000 |
| ISAIAH PATTERSON JERSEY CITY, NJ | SCHOLARSHIP | $6,000 |
| JODI VELEZ BELLEVILLE, NJ | SCHOLARSHIP | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALLISON GARDE ESQ | PRESIDENT | 1 | — |
| MICHAEL LING | VICE PRESIDENT | 1 | — |
| ROSIE GRANT | TREASURER | 1 | — |
| MARY ANN RISLEY | SECRETARY | 1 | — |
| JULI TOWELL | SCHOLARSHIP CHAIR | 1 | — |
| THE REVEREND MIGUEL HERNANDEZ | TRUSTEE | 1 | — |
| ALICIA WIGNALL STATHUM | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gertrude Butts Memorial Fund Inc?
Gertrude Butts Memorial Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, NJ. It holds $2.5M in total assets as of 2024.
How large is Gertrude Butts Memorial Fund Inc?
As of 2024, Gertrude Butts Memorial Fund Inc holds $2.5M in total assets with $166K in annual revenue. It awarded 32 grants totaling $192K in 2024.
Where does Gertrude Butts Memorial Fund Inc operate?
Gertrude Butts Memorial Fund Inc has awarded grants in Arizona, New Jersey.
What size grants does Gertrude Butts Memorial Fund Inc award?
In 2024, Gertrude Butts Memorial Fund Inc awarded 32 grants totaling $192K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Gertrude Butts Memorial Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gertrude Butts Memorial Fund Inc reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gertrude Butts Memorial Fund Inc's EIN?
Gertrude Butts Memorial Fund Inc's EIN (Employer Identification Number) is 22-6043630. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gertrude Butts Memorial Fund Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
The Robert Wood Johnson Foundation
PRINCETON, NJ
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
The Bessemer Giving Fund
WOODBRIDGE, NJ
Assets
$948.2M
Grants
1,653
Total Given
$138.5M
Community Foundation of New Jersey
MORRISTOWN, NJ
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Crane Fund for Widows and Children
ENGLEWOOD CLIFFS, NJ
Assets
—
Grants
985
Total Given
$4.5M
Oceanfirst Foundation
TOMS RIVER, NJ
Assets
$8.8M
Grants
662
Total Given
$1.5M
The Hyde and Watson Foundation
WARREN TOWNSHIP, NJ
Assets
$88.2M
Grants
611
Total Given
$6.1M
Princeton Area Community Foundation Inc
PRINCETON, NJ
Assets
$279.6M
Grants
515
Total Given
$31.3M
United Way of Bergen County
PARAMUS, NJ
Assets
$31.5M
Grants
418
Total Given
$8.0M
Columbia Bank Foundation
FAIR LAWN, NJ
Assets
$44.8M
Grants
410
Total Given
$1.9M
American Water Charitable Foundationinc
CAMDEN, NJ
Assets
$72.5M
Grants
407
Total Given
$5.2M
Jewish Community Foundation of Greater
WHIPPANY, NJ
Assets
$470.9M
Grants
375
Total Given
$6.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Gertrude Butts Memorial Fund Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities