CHARLES BUTT FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CHARLES BUTT FOUNDATION (EIN 90-1548640)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-29
IRS object ID
202533029349100718
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-29T10:27:25-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 FIRST ST SE STE 800AddressLine1Txt
CityCEDAR RAPIDSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP524011425ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN901548640EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHARLES BUTT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHARBusinessNameControlTxt
Phone2104629991PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 E BASSE RD STE 201AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP782094490ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGINA PODJENSKIPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone2104629991PhoneNum
Signature2025-10-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHAWNA HULSPreparerPersonNm
PTINP01315330PTIN
Phone3192985333PhoneNum
Preparation2025-10-27PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,522,749FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$18,058,190ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$16,251InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$16,251InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$16,251InterestOnSavingsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$599,851NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$997,840GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$17,474,590TotalRevAndExpnssAmt
Total Net Invst Incm$16,251TotalNetInvstIncmAmt
Total Adj Net Incm$16,251TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$455,309CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$455,309CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$3,012,996OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$0OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$3,012,996OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$955,816PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$0PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$955,816PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$20,795LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$20,795LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$18,375AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$18,375AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$2,466,297OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$2,466,297OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$3,500TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$153,777DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$539,651OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$539,651OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$976,336TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$976,336TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$638,550OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$638,550OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,241,402TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,084,125TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,135,477ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,135,477ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,376,879TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$16,219,602TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,097,711ExcessRevenueOverExpensesAmt
Net Investment Income$16,251NetInvestmentIncomeAmt
Adjusted Net Income$16,251AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$849,659CashBOYAmt
Cash EOY$1,489,351CashEOYAmt
Cash EOYFMV$1,489,351CashEOYFMVAmt
Sav And Temp Cash Invst BOY$241,843SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,000,549SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,000,549SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$300,000OtherInvestmentsBOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Other Investments EOYFMV$0OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$48,183LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$15,334LandBldgEquipAccumDeprecAmt
Land BOY$33,044LandBOYAmt
Land EOY$32,849LandEOYAmt
Land EOYFMV$32,849LandEOYFMVAmt
Total Assets BOY$1,424,546TotalAssetsBOYAmt
Total Assets EOY$2,522,749TotalAssetsEOYAmt
Total Assets EOYFMV$2,522,749TotalAssetsEOYFMVAmt
Other Liabilities BOY$14,806OtherLiabilitiesBOYAmt
Other Liabilities EOY$15,298OtherLiabilitiesEOYAmt
Total Liabilities BOY$14,806TotalLiabilitiesBOYAmt
Total Liabilities EOY$15,298TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$1,409,740RetainedEarningBOYAmt
Retained Earning EOY$2,507,451RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,409,740TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,507,451TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,424,546TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,522,749TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,409,740TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,097,711ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$2,507,451SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,507,451TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
PUBLICLY TRADED SECURITIES - ST$997,840$997,691$149$149
BOOKMARKED INVESTMENT WRITE-OFF$600,000-$600,000-$600,000P
FieldValueIRS element (for citing)
Capital Gain Net Income-$599,851CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$599,851NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$226InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$226SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$226TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,800EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$1,800TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$1,574OverpaymentAmt
Applied To ES Tax$1,574AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressCHARLESBUTTFDN.ORGWebsiteAddressTxt
Individual With BooksAMANDA SIERRAIndividualWithBooksNm
Phone2104629991PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1200 E BASSE RD STE 201AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP782094490ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES C BUTT - SEE STMT 14
PO BOX 90389SAN ANTONIOTX78209CHAIRMAN, DIRECTOR, MEMBER0.50$0$0$0
CHARLES H CLINES - SEE STMT 14
PO BOX 90389SAN ANTONIOTX78209CEO (UNTIL 01/24), TREASURER, DIRECTOR5.00$0$0$0
ELIZABETH LORENZ
PO BOX 90389SAN ANTONIOTX78209SECRETARY, DIRECTOR (UNTIL 08/24)1.00$0$0$0
SHARI ALBRIGHT
PO BOX 90389SAN ANTONIOTX78209PRESIDENT, DIRECTOR (UNTIL 03/24)40.00$440,821$48,314$0
CHRISTY BANAZEK
PO BOX 90389SAN ANTONIOTX78209CEO OF BOARD (EFF. 01/24)5.00$0$0$0
GEORGINA PODJENSKI
PO BOX 90389SAN ANTONIOTX78209DIRECTOR5.00$0$0$0
SARAH ELIZONDO
PO BOX 90389SAN ANTONIOTX78209DIRECTOR5.00$0$0$0
SCOTT MITCHELL
PO BOX 90389SAN ANTONIOTX78209DIRECTOR (UNTIL 03/24)5.00$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
PETRI DARBY
PO BOX 90389SAN ANTONIOTX78209VP BRAND, CREATIVE &40.00$220,109$90,458$1,200
TIMOTHY MILLER
PO BOX 90389SAN ANTONIOTX78209DIRECTOR OF LEADERSH40.00$221,646$79,548$1,200
AUDREY BOKLAGE
PO BOX 90389SAN ANTONIOTX78209VP, LEARNING & IMPAC40.00$150,233$83,569$1,200
BRION OAKS
PO BOX 90389SAN ANTONIOTX78209DIRECTOR OF DIVERSIT40.00$156,823$55,420$1,200
THEA ULRICH-LEWIS
PO BOX 90389SAN ANTONIOTX78209VP PROGRAMS40.00$140,631$49,657$1,200
FieldValueIRS element (for citing)
Other Employee Paid Over50k20OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
BOSTON CONSULTING GROUP
2501 N HARWOOD STE 2200DALLASTX75201CONSULTING$665,000
CA GROUP CONSULTING
801 BARTON SPRINGS RDAUSTINTX78704CONSULTING$558,500
AMERICAN INSTITUTES FOR RESEARCH
PO BOX 3274MCKINNEYTX75070PROGRAM EVALUATION$295,203
WESTED
3020 OLD RANCH PARKWAY STE 220SEAL BEACHCA90740CONSULTING$255,333
LANGER RESEARCH ASSOCIATES
29 FAIR ST 1724CARMELNY10512CONSULTING$144,109
FieldValueIRS element (for citing)
Contractor Paid Over50k2ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1RAISING TEXAS TEACHERS - A STATEWIDE INITIATIVE AIMED AT ENSURING EVERY STUDENT IN TEXAS HAS ACCESS TO AN EFFECTIVE TEACHER BY ELEVATING THE STATUS OF THE TEACHING PROFESSION, IMPROVING TEACHER PREPARATION, AND PROVIDING SCHOLARSHIPS TO ASPIRING TEACHERS.Description1Txt
Expenses1$5,232,486Expenses1Amt
Description2BLENDED LEARNING PROGRAM - AN INITIATIVE SHOWCASING BLENDED LEARNING STRATEGIES FOR IMPROVING STUDENT ACHIEVEMENT ACROSS DIVERSE STUDENT DEMOGRAPHICS AND GEOGRAPHIC REGIONS IN TEXAS, PARTICULARLY AMONG DISTRICTS WITH PERSISTENT ACHIEVEMENT GAPS. THROUGH A STATEWIDE COMPETITIVE APPLICATION PROCESS, TWENTY SCHOOL DISTRICT TEAMS HAVE BEEN SELECTED TO RECEIVE UP TO $300,000 TO IMPLEMENT A BLENDED LEARNING PROGRAM. ADDITIONALLY, THE FOUNDATION WILL PROVIDE INTENSIVE TECHNICAL ASSISTANCE OVER THREE YEARS TO HELP IMPLEMENT THE BLENDED LEARNING PLANS.Description2Txt
Expenses2$358,349Expenses2Amt
Description3LEARNING AND IMPACT - CONDUCTS ONGOING RESEARCH INITIATIVES, STRATEGY DEVELOPMENT ACROSS PROGRAMS, EVALUATION DESIGN AND MONITORING OF PROGRAMS. THIS INCLUDES CONDUCTING AND INTERPRETING PUBLIC OPINION POLLING DATA REGARDING EDUCATION IN TEXAS AND THE TEACHING PROFESSION.Description3Txt
Expenses3$290,074Expenses3Amt
Description4RAISING SCHOOL LEADERS - A THREE-PRONGED PROGRAM THAT DEVELOPS SCHOOL-BASED LEADERS FROM ACROSS THE STATE OF TEXAS. EACH SUMMER IS SENDS A COHORT OF SCHOOL LEADERS TO AN INTENSE LEADERSHIP DEVELOPMENT PROGRAM AT HARVARD UNIVERSITY IN CAMBRIDGE, MA, ACCOMPANIED AND FACILITATED BY STAFF FROM THE FOUNDATION, WHICH IS THEN MAINTAINED AS A LEARNING COMMUNITY VIRTUALLY FOR THE FOLLOWING ACADEMIC YEAR. IT IS SUPPORTED BY A STATEWIDE LEARNING INTENSIVE CALLED THE LEADERSHIP SYMPOSIUM WHICH BRINGS TOGETHER SCHOOL AND DISTRICT LEADERS STATEWIDE FOR A 3-DAY CONFERENCE OF NEW LEARNING, NETWORKING, AND INNOVATION IN EDUCATION. ADDITIONALLY, IT SUPPORTS ONGOING CONNECTION AND NETWORKING BOTH DIGITALLY AND IN-PERSON THROUGH ALUMNI DEVELOPMENT ACTIVITIES THROUGHOUT THE YEAR FOR THOSE PARTICIPATING IN THE HARVARD PROGRAM.Description4Txt
Expenses4$274,816Expenses4Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,551,376AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$197,260FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,748,636TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,748,636AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$26,230CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,722,406NetVlNoncharitableAssetsAmt
Minimum Investment Return$86,120MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,219,602ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$16,219,602QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$16,251CurrentYearAmt
Year1$128,285Year1Amt
Year2$3,669Year2Amt
Year3$5,204Year3Amt
Total$153,409TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$13,813CurrentYearAmt
Year1$109,042Year1Amt
Year2$3,119Year2Amt
Year3$4,423Year3Amt
Total$130,398TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$16,219,602CurrentYearAmt
Year1$17,723,341Year1Amt
Year2$20,421,725Year2Amt
Year3$22,897,490Year3Amt
Total$77,262,158TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$2,885,000CurrentYearAmt
Year1$1,542,000Year1Amt
Year2$2,672,000Year2Amt
Year3$9,022,097Year3Amt
Total$16,121,097TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$13,334,602CurrentYearAmt
Year1$16,181,341Year1Amt
Year2$17,749,725Year2Amt
Year3$13,875,393Year3Amt
Total$61,141,061TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$57,413CurrentYearAmt
Year1$152,183Year1Amt
Year2$68,706Year2Amt
Year3$80,052Year3Amt
Total$358,354TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHARLES C BUTT - SEE STMT 14ContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (80 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
ALAMO COLLEGES FOUNDATION INC
2222 NORTH ALAMO STREETSAN ANTONIOTX78215N/APCALAMOPROMISE: PARTNERING TO END POVERTY$300,000
CITY EDUCATION PARTNERS
155 CONCORD PLAZA DR STE 301SAN ANTONIOTX78216N/APCTEACH SA$75,000
CLEBURNE ISD
505 NORTH RIDGEWAY DRIVECLEBURNETX76033N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$50,000
EDITORIAL PROJECTS IN EDUCATION
EDUCATION WEEK 6935 ARLINGTON ROADBETHESDAMD208145233N/APCGENERAL SUPPORT$100,000
EDUCATION SERVICE CENTER REGION 13
5701 SPRINGDALE ROADAUSTINTX78723N/AGOVRAISING BLENDED LEARNERS$100,000
EDUCATION SERVICE CENTER REGION 20
1314 HINES AVENUESAN ANTONIOTX78208N/AGOVRAISING BLENDED LEARNERS$100,000
EDUCATION SERVICE CENTER REGION 20
1314 HINES AVENUESAN ANTONIOTX78208N/AGOVRAISING BLENDED LEARNERS$100,000
EDUCATION SERVICE CENTER REGION 4
7145 WEST TIDWELL ROADHOUSTONTX77092N/AGOVRAISING BLENDED LEARNERS$100,000
EDUCATION SERVICE CENTER REGION 7
1909 NORTH LONGVIEW STREETKILGORETX75662N/AGOVRAISING BLENDED LEARNERS$25,000
FLORESVILLE ISD
1200 5TH STFLORESVILLETX78114N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$72,500
HOLDSWORTH CENTER
4907 RANCH ROAD 2222AUSTINTX78731N/APCCHAMPIONS OF HOPE$10,000
KERRVILLE ISD
1009 BARNETT STKERRVILLETX78028N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$72,500
MEADOWS MENTAL HEALTH POLICY INSTITUTE
PO BOX 140836DALLASTX75214N/APCELEVATE BEXAR COUNTY/DATA CONNECTION$250,000
MORGAN MILL ISD
295 E FM 1188STEPHENVILLETX76401N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$35,000
OUR LADY OF THE LAKE UNIVERSITY
411 SOUTHWEST 24TH STSAN ANTONIOTX78207N/APCSCHOLARSHIPS SUPPORT$9,800
OUR LADY OF THE LAKE UNIVERSITY
411 SOUTHWEST 24TH STSAN ANTONIOTX78207N/APCSCHOLARSHIPS$196,000
PHILANTHROPY ADVOCATES WACO FOUNDATION
1224 AUSTIN AVE STE 100WACOTX76701N/APCRESEARCH & GENERAL SUPPORT$30,000
PLEASANTON ISD
831 STADIUM DRIVEPLEASANTONTX78064N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$50,000
POTH ISD
510 TITCOMBPOTHTX78147N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$72,500
RICE UNIVERSITY
PO BOX 1892 MS-550HOUSTONTX77251N/APCSCHOLARSHIPS$68,000
RICE UNIVERSITY
PO BOX 1892 MS-550HOUSTONTX77251N/APCSCHOLARSHIPS SUPPORT$3,400
SA TALENT
112 E PECAN ST STE 2635SAN ANTONIOTX78205N/APCSA WORKS$300,000
SA TALENT
112 E PECAN ST STE 2635SAN ANTONIOTX78205N/APCSA/BEXAR DIGITAL EQUITY PLAN$100,000
SAISD EDUCATION FOUNDATION
2411 SAN PEDRO AVENUESAN ANTONIOTX78212N/APCNATIONAL BOARD TEACHER RETENTION$150,000
SAISD EDUCATION FOUNDATION
2411 SAN PEDRO AVENUESAN ANTONIOTX78212N/APCNATIONAL BOARD TEACHER RETENTION$140,000
SALADO ISD
601 NORTH MAIN STSALADOTX76571N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$80,000
SAM HOUSTON STATE UNIVERSITY
BOX 2119HUNTSVILLETX773412119N/AGOVSCHOLARSHIPS SUPPORT$14,150
SAM HOUSTON STATE UNIVERSITY
BOX 2119HUNTSVILLETX773412119N/AGOVSCHOLARSHIPS$283,000
SAMMINISTRIES
1919 NW LOOP 410 STE 100SAN ANTONIOTX78213N/APCGENERAL SUPPORT$25,000
SAN ANTONIO BOOK FESTIVAL
1201 AVENUE B UNIT 1011SAN ANTONIOTX78215N/APCBOOK FESTIVAL$75,000
SAN ANTONIO CHILDRENS MUSEUM
2800 BROADWAYSAN ANTONIOTX78209N/APCGENERAL SUPPORT$10,000
SAN ANTONIO REPORT
126 GONZALES STREETSAN ANTONIOTX78205N/APCGENERAL SUPPORT$100,000
SAN ANTONIO REPORT
126 GONZALES STREETSAN ANTONIOTX78205N/APCEDUCATION FORUM$10,000
SAN ANTONIO ZOO
3903 N ST MARYS STREETSAN ANTONIOTX78212N/APCGENERAL SUPPORT$50,000
SAN ANTONIO ZOO
3903 N ST MARYS STREETSAN ANTONIOTX78212N/APCZOO BALL$10,000
SHAPE COMMUNITY CENTER
3903 ALMEDA RDHOUSTONTX77004N/APCGENERAL SUPPORT$15,000
SOUTHERN METHODIST UNIVERSITY
PO BOX 750259DALLASTX752750259N/APCSCHOLARSHIPS$37,285
SOUTHERN METHODIST UNIVERSITY
PO BOX 750259DALLASTX752750259N/APCSCHOLARSHIPS SUPPORT$1,864
TARLETON STATE UNIVERSITY
1333 W WASHINGTON ST T-0290STEPHENVILLETX76401N/AGOVSCHOLARSHIPS$76,000
TARLETON STATE UNIVERSITY
1333 W WASHINGTON ST T-0290STEPHENVILLETX76401N/AGOVSCHOLARSHIPS SUPPORT$3,400
TEXAS A&M - COLLEGE STATION
TAMU 4241COLLEGE STATIONTX778434241N/AGOVSCHOLARSHIPS$252,000
TEXAS A&M - COMMERCE
PO BOX 3011COMMERCETX75429N/AGOVRESEARCH$5,000
TEXAS A&M - COMMERCE
PO BOX 3011COMMERCETX75429N/AGOVSCHOLARSHIPS SUPPORT$4,000
TEXAS A&M - COMMERCE
PO BOX 3011COMMERCETX75429N/AGOVSCHOLARSHIPS$80,000
TEXAS A&M - SAN ANTONIO
ONE UNIVERSITY WAYSAN ANTONIOTX78224N/AGOVEARLY MATTERS$300,000
TEXAS A&M - TEXARKANA
7101 UNIVERSITY AVETEXARKANATX75503N/AGOVSCHOLARSHIPS$48,000
TEXAS A&M - TEXARKANA
7101 UNIVERSITY AVETEXARKANATX75503N/AGOVSCHOLARSHIPS SUPPORT$3,000
TEXAS A&M SAN ANTONIO FOUNDATION
ONE UNIVERSITY WAYSAN ANTONIOTX78224N/AGOVEDUCARE INITIATIVE$650,000
TEXAS HISPANIC POLICY FOUNDATION
PO BOX 670368DALLASTX75367N/APCRESEARCH$10,000
TEXAS STATE UNIVERSITY
601 UNIVERSITY DRIVE ED 2001SAN MAROCSTX78666N/AGOVSCHOLARSHIPS$108,000
TEXAS STATE UNIVERSITY
601 UNIVERSITY DRIVE ED 2001SAN MAROCSTX78666N/AGOVSCHOLARSHIPS SUPPORT$5,400
TEXAS STATE UNIVERSITY COLLEGE OF EDUCATION
601 UNIVERSITY DRIVE ED 2001SAN MARCOSTX78666N/AGOVRESEARCH$5,000
TEXAS TECH UNIVERSITY
PO BOX 41098LUBBOCKTX794091098N/AGOVSCHOLARSHIPS$406,000
TEXAS TECH UNIVERSITY
PO BOX 41098LUBBOCKTX794091098N/AGOVSCHOLARSHIPS SUPPORT$18,500
TRINITY UNIVERSITY
1 TRINITY PLACESAN ANTONIOTX78212N/APCSCHOLARSHIPS$186,000
TRINITY UNIVERSITY
1 TRINITY PLACESAN ANTONIOTX78212N/APCSCHOLARSHIPS SUPPORT$9,300
TTARA RESEARCH FOUNDATION
400 WEST 15TH STREET SUITE 400AUSTINTX78701N/APCGENERAL SUPPORT$15,000
UNIVERSITY OF HOUSTON
PO BOX 1426HOUSTONTX772511426N/AGOVSCHOLARSHIPS$84,000
UNIVERSITY OF HOUSTON
PO BOX 1426HOUSTONTX772511426N/AGOVSCHOLARSHIPS SUPPORT$2,808
UNIVERSITY OF INCARNATE WORD
4301 BROADWAYSAN ANTONIOTX78209N/APCSCHOLARSHIPS SUPPORT$3,000
UNIVERSITY OF INCARNATE WORD
4301 BROADWAYSAN ANTONIOTX78209N/APCSCHOLARSHIPS$40,000
UNIVERSITY OF INCARNATE WORD
4301 BROADWAYSAN ANTONIOTX78209N/APCRESEARCH$5,000
UNIVERSITY OF NORTH TEXAS - DALLAS
7400 UNIVERSITY BLVDDALLASTX75241N/AGOVSCHOLARSHIPS$120,000
UNIVERSITY OF TEXAS - AUSTIN
1912 SPEEDWAY D5001AUSTINTX78712N/AGOVSCHOLARSHIPS SUPPORT$23,400
UNIVERSITY OF TEXAS - AUSTIN
1912 SPEEDWAY D5001AUSTINTX78712N/AGOVSCHOLARSHIPS$468,000
UNIVERSITY OF TEXAS - AUSTIN UTEACH
103 WEST 24TH ST STOP G2550 PAINTERAUSTINTX787121255N/AGOVSCHOLARSHIPS$160,000HALL 402
UNIVERSITY OF TEXAS - AUSTIN UTEACH
103 WEST 24TH ST STOP G2550 PAINTERAUSTINTX787121255N/AGOVSCHOLARSHIPS SUPPORT$8,000HALL 402
UNIVERSITY OF TEXAS - AUSTIN UTEACH NATURAL SCIENCES
103 WEST 24TH ST MAIL STOP G2550AUSTINTX78712N/AGOVRESEARCH$5,000
UNIVERSITY OF TEXAS - DALLAS
800 WEST CAMPBELL RD SP225RICHARDSONTX75080N/AGOVSCHOLARSHIPS$88,000
UNIVERSITY OF TEXAS - DALLAS
800 WEST CAMPBELL RD SP225RICHARDSONTX75080N/AGOVSCHOLARSHIPS SUPPORT$4,400
UNIVERSITY OF TEXAS - EL PASO
500 W UNIVERSITY AVEEL PASOTX79968N/AGOVSCHOLARSHIPS$152,000
UNIVERSITY OF TEXAS - EL PASO
500 W UNIVERSITY AVEEL PASOTX79968N/AGOVSCHOLARSHIPS SUPPORT$7,600
UNIVERSITY OF TEXAS - RIO GRANDE VALLEY
1201 WEST UNIVERSITY DRIVEEDINBURGTX78539N/AGOVSCHOLARSHIPS$180,000
UNIVERSITY OF TEXAS - RIO GRANDE VALLEY
1201 WEST UNIVERSITY DRIVEEDINBURGTX78539N/AGOVSCHOLARSHIPS SUPPORT$2,350
UNIVERSITY OF TEXAS - SAN ANTONIO
1 UTSA CIRCLESAN ANTONIOTX78249N/AGOVSCHOLARSHIPS$88,000
UNIVERSITY OF TEXAS - SAN ANTONIO
1 UTSA CIRCLESAN ANTONIOTX78249N/AGOVSCHOLARSHIPS SUPPORT$4,400
UP PARTNERSHIP
11103 V AVE STE 2101SAN ANTONIOTX78213N/APCELEVATE BEXAR COUNTY/DATA CONNECTION$200,000
VARIOUS CHARLES BUTT SCHOLARS GRANT
1005 CONGRESS AVE STE 100AUSTINTX78701N/AICHARLES BUTT SCHOLAR GRANT$11,420
VENUS ISD
PO BOX 364VENUSTX76084N/AGOVTEXAS TEACHERS COLLABORATIVE GRANT$57,500
YOUTH ORCHESTRAS OF SAN ANTONIO
106 AUDITORIUM CIRCLE STE 130SAN ANTONIOTX78205N/APCGENERAL SUPPORT$15,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,135,477TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,251ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$599,851ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion-$583,600ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$583,600TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsYes (1)ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd

Transfer Schedule Detail TransferScheduleDetail

FieldValueIRS element (for citing)
Line Number1b(4)LineNumberTxt
Involved$464,502InvolvedAmt

Noncharitable Exempt Org Name NoncharitableExemptOrgName

FieldValueIRS element (for citing)
Business Name Line1RAISE YOUR HAND FOR PUBLIC SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transfers Trans And Shr ArrngmMANAGEMENT SERVICES AGREEMENT PROVIDING FOR REIMBURSEMENT OF PAYROLL, RENT, PROFESSIONAL FEES, OFFICE EXPENSES, AND OVERHEAD AT COST.TransfersTransAndShrArrngmDesc
FieldValueIRS element (for citing)
Relationships Nonchrtbl EOYes (1)RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1RAISE YOUR HAND FOR PUBLIC SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Organization Type501(C)(4)OrganizationTypeDesc
Relationship DescriptionCOMMON CONTROL - MAJORITY OF BOARD OF DIRECTORS IN COMMON, SHARED RESOURCES, AND COMPLIMENTARY PHILANTHROPIC OBJECTIVESRelationshipDescriptionTxt

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (5 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
CHARLES BUTT
1200 E BASSE RD STE 201SAN ANTONIOTX78209$14,200,000Yes (X)
MOODY FOUNDATION
22302 POST OFFICE ST STE 704GALVESTONTX77550$1,863,500Yes (X)
CHARLES BUTT PHILANTHROPIES
3200 E BASSE RD STE 201SAN ANTONIOTX78209$1,000,000Yes (X)
BILL AND MELINDA GATES FOUNDATION
4440 5TH AVENUE NORTHSEATTLEWA98109$894,690Yes (X)
HOUSTON ENDOWMENT
53683 WILLIA STREETHOUSTONTX77007$100,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$18,375Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$18,375DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
PART VII, LINES 1 AND 2: INFO ABOUT DIRECTORS AND HIGHLY PAID EMPLOYEES:DIRECTOR CHARLES CLINES IS NOT DIRECTLY COMPENSATED, HOWEVER, HIS WHOLLY OWNED COMPANY FAIRWINDS MANAGEMENT, LLC (FWM) PROVIDES ADMINISTRATIVE SUPPORT TO THE FOUNDATION AND IS PAID UNDER A SERVICES AGREEMENT. FWM IS NOW WHOLLY OWNED BY CHARLES BUTT. MR. BUTT IS NOT DIRECTLY COMPENSATED AND THE SERVICES AGREEMENT BETWEEN FWM AND THE FOUNDATION IS STILL IN PLACE.THE CHARLES BUTT FOUNDATION HAD A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) LEASING ARRANGEMENT WITH OASIS OUTSOURCING HOLDINGS, INC THROUGH SEPTEMBER 2024. A NEW PEO LEASING AGREEMENT STARTED IN SEPTEMBER 2024 WITH G&A PARTNERS. ALL COMPENSATION REPORTED ON PART I LINES 13 AND 14 REPRESENTS AMOUNTS PAID TO OASIS OUTSOURCING HOLDINGS, INC. AND G&A PARTNERS FOR FOUNDATION EMPLOYEES' COMPENSATION, BENEFITS, AND EXPENSES.FWM IS ALSO REIMBURSED FOR DIRECT OUT OF POCKET COSTS INCURRED ON BEHALF OF THE FOUNDATION, WHICH ARE INCLUDED ON PART I, LINES 16 TO 23. ALL AMOUNTS CHARGED TO FWM ARE BASED ON ACTUAL COSTS TO FWM AND DO NOT INCLUDE ANY PREMIUM OR MARK-UP.PURSUANT TO THE FORM 990-PF INSTRUCTIONS, THE PORTION OF THE COMPENSATION PAID BY OASIS OUTSOURCING HOLDINGS, INC AND G&A PARTNERS THAT RELATES TO SERVICES PROVIDED BY DIRECTORS, OFFICERS, AND HIGHEST COMPENSATED EMPLOYEES OF THE FOUNDATION ARE REPORTED IN PART VII, LINES 1 AND 2, AS IF THE FOUNDATION HAD PAID THE INDIVIDUALS DIRECTLY. THE ULTIMATE RECIPIENTS OF PAYMENTS MADE BY FWM ON BEHALF OF THE FOUNDATION ARE REPORTED ON PART VII LINES 1-3, AS APPLICABLE.
FORM 990-PF, PART XIV, LINE 3A:2024 CHARLES BUTT SCHOLARS GRANT RECIPIENTS:ALYSSA FARINA - $2,570GLORIEL KAZADI - $1,550JUSTICE MASTERS - $2,000ARTURO MARTINEZ - $2,800REBECA ALDABA RUIZ - $2,500

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$20,795LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$20,795DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADVERTISING$127,681$0$0$127,681
OFFICE EXPENSES$93,255$0$0$93,255
INFORMATION TECHNOLOGY$364,116$0$0$364,116
STIPENDS$13,100$0$0$13,100
OTHER EXPENSES$40,398$0$0$40,398

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCREDIT CARDDesc
BOY Book Value$14,806BOYBookValueAmt
EOY Book Value$15,298EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTANTS$1,894,335$0$0$1,894,335
EXTERNAL EVALUATORS$295,203$0$0$295,203
HONORARIUM$8,005$0$0$8,005
PAYROLL SERVICES$35,444$0$0$35,444
ADMIN SUPPORT SERVICES$192,079$0$0$192,079
OTHER PROFESSIONAL SERVICES$41,231$0$0$41,231

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAX - NET INVESTMENT INCOMECategoryTxt
Amt$3,500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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