Stephen and Susan Butt Family Foundation
Stephen and Susan Butt Family Foundation is a private foundation, based in San Antonio, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $35.5M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $949K.
Stephen and Susan Butt Family Foundation at a glance
In short: Stephen and Susan Butt Family Foundation gave $1.4M across 6 grants in 2024 (avg $225K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,350,000
- Grants made (2024)
- 6
- Average grant
- $225,000
- Median grant
- $62,500
- Total assets
- $35,521,235
- Primary geography
- Texas (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 Stephen and Susan Butt Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Trinity University ($1.0M). Together the top 6 received $1.4M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Stephen and Susan Butt Family Foundation gives
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 6 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trinity University San Antonio, TX | General Charitable Purpose | $1,025,000 |
| Texas Cavaliers Charitable Foundation San Antonio, TX | General Charitable Purpose | $100,000 |
| Amon Carter Museum of American Art Fort Worth, TX | General Charitable Purpose | $75,000 |
| He Butt Foundation San Antonio, TX | General Charitable Purpose | $50,000 |
| Eleanor Crook Foundaton San Marcos, TX | General Charitable Purpose | $50,000 |
| The Holdsworth Center Austin, TX | General Charitable Purpose | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $35,521,235 | $8,221,861 | $1,622,740 | $1,350,000 | 6 | $1,350,000 | $949,121 | $1,562,952 |
| 2022 | $28,759,166 | $28,759,166 | — | — | — | — | $51,138 | $235,162 |
Under IRS private-foundation payout rules, Stephen and Susan Butt Family Foundation reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Stephen and Susan Butt Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stephen Butt
Co-Trustee
On filings since 2022
No compensation reported
Susan Butt
Co-Trustee
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Stephen and Susan Butt Family Foundation
How much does Stephen and Susan Butt Family Foundation give each year?
Stephen and Susan Butt Family Foundation gave $1.4M across 6 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Stephen and Susan Butt Family Foundation's typical grant size?
Stephen and Susan Butt Family Foundation's median grant in 2024 was $62,500, and its average grant was $225,000, across 6 grants on its 2024 IRS Form 990-PF.
Where does Stephen and Susan Butt Family Foundation give grants?
Stephen and Susan Butt Family Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Antonio, TX (3 grants).
Does Stephen and Susan Butt Family Foundation give general operating support?
Yes: 100% of Stephen and Susan Butt Family Foundation's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Stephen and Susan Butt Family Foundation's largest grantees?
Stephen and Susan Butt Family Foundation's largest 2024 grantees include Trinity University ($1,025,000), Texas Cavaliers Charitable Foundation ($100,000) and Amon Carter Museum of American Art ($75,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is Stephen and Susan Butt Family Foundation?
Stephen and Susan Butt Family Foundation reported $35.5M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Stephen and Susan Butt Family Foundation's EIN?
Stephen and Susan Butt Family Foundation's EIN (Employer Identification Number) is 92-0863102. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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