LM Butts Family Foundation

Grantmaker Natchez, MS EIN: 06-1789292

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

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

Natchez

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Natchez Childrens Home Services: $1KNatchez Childrens HomeServices$1KArts Natchez: $200Arts Natchez$200Natchez Festival of Music: $100Natchez Festival of Music$100

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

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%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Natchez Childrens Home Services Natchez, MSSupport of Disadvantaged Youth$1,000
Arts Natchez Natchez, MSSupport of Musical Arts$200
Natchez Festival of Music Natchez, MSSupport of Musical Arts$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5K$5K$7.5K$10K2020 2022 2023 2024
Metric202420232022
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

  1. 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.

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