Skip to content
Nonprofiteer
← BUTLER FAMILY COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by BUTLER FAMILY COMMUNITY FOUNDATION.

Totals

Total revenue
$839,227
Total expenses
$1,283,854
Contributions and grants received
$523,425
Grants paid
$1,178,818
Program service revenue
$0
Investment income
$310,327
Other revenue
$5,475
Total assets, end of year
$7,796,796
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,796,796
Program services expenses (Part IX)
$1,178,818
Management and general expenses
$105,036
Fundraising expenses
$0
Program service expenses (Part III)
$1,178,818

Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $523,425

  • 1g · Noncash contributions included above

    $522,675

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $167,355 · excluded $167,355

  • 6a · Gross rents

    real property $5,475

  • 6c · Rental income or loss

    real property $5,475 · personal property $0

  • 6d · Net rental income or loss

    total $5,475 · excluded $5,475

  • 7a · Gross sales of assets other than inventory

    securities $142,972

  • 7c · Gain or loss

    securities $142,972 · other assets $0

  • 7d · Net gain or loss

    total $142,972 · excluded $142,972

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,178,818 · program services $1,178,818

  • 11a · Fees: management

    total $33,540 · management and general $33,540

  • 11c · Fees: accounting

    total $9,505 · management and general $9,505

  • 11f · Fees: investment management

    total $12,037 · management and general $12,037

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $27,454 · management and general $27,454

  • 22 · Depreciation, depletion and amortization

    total $22,500 · management and general $22,500

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $34,339 · end of year $39,363

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $450,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $67,500

  • 10c · Land, buildings and equipment, net

    beginning of year $405,000 · end of year $382,500

  • 11 · Investments: publicly traded securities

    beginning of year $7,340,485 · end of year $7,374,933

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $7,779,824 · end of year $7,796,796

Mission and programs · 2024

Mission

TO CREATE A POOL OF CHARITABLE FUNDS FOR THE EXCLUSIVE BENEFIT, FUNCTIONS, AND USE OF THE GREATER MANHATTAN COMMUNITY FOUNDATION, A 501(C)(3) ORGANIZATION.

  • TO CREATE A POOL OF CHARITABLE FUNDS FOR THE EXCLUSIVE BENEFIT, FUNCTIONS, AND USE OF THE GREATER MANHATTAN COMMUNITY FOUNDATION, A 501(C)(3) ORGANIZATION.

    Expenses $1,178,818 · Grants $1,178,818

As filed on the 2024 return.

Listed in Part VII

  • Brenda Butler

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mark Butler

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • D'Anne Latimore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Georgie Slade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kellie Pecoraro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Phil Howe

    DIRECTOR END 04/24

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Seth Gordon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sherry Butler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marla Brandon

    VICE PRESIDENT OF FINANCE

    Total calculated
    $122,274
    From this org
    $0
    From related orgs
    $118,734
    Other
    $3,540
    Hours/week
    1 + 44 related

  • Vernon J Henricks

    PRESIDENT, CEO, & SECRETARY

    Total calculated
    $215,270
    From this org
    $0
    From related orgs
    $209,000
    Other
    $6,270
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,270 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $215,270 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE GREATER MANHATTAN COMMUNITY FOUNDATION USES A COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION.
Schedule J, Part II RELATED ORGANIZATION COMPENSATION
THE COMPENSATION BEING REPORTED FOR VERNON HENRICKS IS FROM THE GREATER MANHATTAN COMMUNITY FOUNDATION, A RELATED ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202503179349303150

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.