LM Butts Family Foundation

Private foundation · Grantmaker Natchez, MS EIN: 06-1789292

LM Butts Family Foundation is a private foundation, 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.

LM Butts Family Foundation at a glance

In short: LM Butts Family Foundation gave $1K across 3 grants in 2024 (avg $433.333), mostly in Mississippi. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,300
-23.5% vs 2023
Grants made (2024)
3
+0.0% vs 2023
Average grant
$433
-23.5% vs 2023
Median grant
$200
Total assets
$123,535
+1.1% vs 2023
Primary geography
Mississippi (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who LM Butts Family Foundation funds

How this funder distributes its grants

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

Natchez

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K6 grants2020 6 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $1K (2024) to $3K (2020). In 2024 it made 3 grants totaling $1K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
3 grants to individuals Recipients not named —$1,300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$123,535$5,242$3,900$1,3003——
2023$122,193$5,523$3,350$1,7003——
2022$132,341$3,118$2,931$2,9006$2,900$3,102
2020$136,136$7,397$4,250$3,3006—$909

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-PF. 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-PF.

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-PF went to recipients there.

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-PF 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-PF. 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.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS December 21, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 3, 2025)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from LM Butts Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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