Funder DirectoryGERTRUDE BUTTS MEMORIAL FUND INC
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Private foundation (trust)EIN 226043630Est. 1930-04

GERTRUDE BUTTS MEMORIAL FUND INC

NEWARK, NJ 07102

Total Assets

$2.5M

FY 2024

Annual Giving

$192K

FY 2024

Grants Made

32

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

$3K–$7K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$166K

Total Expenses

$226K

Qualifying Distributions

$206K

Distributable Amount

$119K

Min. Investment Return

$121K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

32 grants

Grant sizes from minimum $3K through median $7K to maximum $7K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $192K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

116 grants

DEMILLE TOWNES
$28K
4 grants
ANNA BENJAMIN
$28K
4 grants
KY'ZIRAH TOWNES
$28K
4 grants
RAMIRO REYNAGA
$25K
4 grants
NAKARA JOHNSON
$21K
3 grants
NAKAYLA JOHNSON
$21K
3 grants
NATALIA QUINTERO
$21K
3 grants
DONALD DAVIS JR
$21K
3 grants

Grant Size Distribution

116 grants

<$10K
116
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

New Jersey
$691K
99% of total
Arizona
$7K
1% of total

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GERTRUDE BUTTS MEMORIAL FUND INC — Grants, Financials & Contact | Grantivo