Red Butterfly Foundation is a private foundation based in New York City, designated as a 501(c)(3) organization. The foundation has been tax-exempt since February 2015 and operates as a family foundation focused on philanthropic grantmaking and fund distribution.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.0M
-4.1% YoY
Grant Count
30
+0.0% YoY
Avg Grant Size
$33K
-4.1% YoY
Grantmaking
Red Butterfly Foundation is an invite-only grantmaker that does not accept unsolicited applications.
Grant Range
$15,000
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $19.8 million
- Total revenue: $62.5 thousand
- Total expenses: $1.15 million
- Total liabilities: $0
Giving rate: Approximately 5.0% of assets annually
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
160 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Rafaela Evans - President
- Carolyn A. Reers - Director
- Vanessa Evans - Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAFAELA EVANS | PRESIDENT | 20 | — |
| CAROLYN A REERS | SECRETARY | 10 | — |
| RAFAELA EVANS | DIRECTOR | — | — |
| VANESSA EVANS | DIRECTOR | 20 | — |
| CAROLYN A REERS | DIRECTOR | — | — |
| VANESSA EVANS | TREASURER | 20 | — |
Contact Information
Address: 437 Madison Avenue, Floor 35 New York, NY 10022
Phone: 203-363-7668
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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