LM Butts Family Foundation
LM Butts Family Foundation is a nonprofit organization, based in Natchez, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124K in total assets. In 2024, it awarded 3 grants totaling $1K.
Key facts about LM Butts Family Foundation
In short: LM Butts Family Foundation gave $1K across 3 grants in 2024 (avg $433.333), mostly in Mississippi. Source: 2024 IRS Form 990 filing.
- EIN
- 06-1789292
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $1,300
- Grants made (2024)
- 3
- Average grant
- $433
- Median grant
- $200
- Total assets
- $123,535
- Primary geography
- Mississippi (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$124K
+1.1% YoY
Annual Giving
$1K
-23.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$433.333
-23.5% YoY
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2024) to $3K (2020). In 2024 it made 3 grants totaling $1K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Natchez Childrens Home Services ($1K). Together the top 3 received $1K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Natchez Childrens Home Services Natchez, MS | Support of Disadvantaged Youth | $1,000 |
| Arts Natchez Natchez, MS | Support of Musical Arts | $200 |
| Natchez Festival of Music Natchez, MS | Support of Musical Arts | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $123,535 | $122,193 | $132,341 |
| Revenue | $5,242 | $5,523 | $3,118 |
| Expenses | $3,900 | $3,350 | $2,931 |
| Qualifying Distributions | — | — | $2,900 |
| Net Investment Income | — | — | $3,102 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
LM Butts Family Foundation is led by Lucius M Butts Jr., President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lucius M Butts Jr.
President
On filings since 2020
1 hr/week
No compensation reported
Lucius M Butts III
Vice President
On filings since 2020
1 hr/week
No compensation reported
Russell B Butts
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about LM Butts Family Foundation
How much does LM Butts Family Foundation give each year?
LM Butts Family Foundation gave $1K across 3 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $2K across 3 grants.
What is LM Butts Family Foundation's typical grant size?
LM Butts Family Foundation's median grant in 2024 was $200, and its average grant was $433, across 3 grants on its 2024 IRS Form 990 filing.
Where does LM Butts Family Foundation give grants?
LM Butts Family Foundation gives mostly in Mississippi: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Natchez, MS (3 grants).
Does LM Butts Family Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on LM Butts Family Foundation's 2024 IRS Form 990 filing were described as general or operating support.
How large is LM Butts Family Foundation?
LM Butts Family Foundation reported $124K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $5K.
What is LM Butts Family Foundation's EIN?
LM Butts Family Foundation's EIN (Employer Identification Number) is 06-1789292. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching LM Butts Family Foundation by hand.
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