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Also known as: TRUST OF 2015
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Butera And Jacobs Family Foundation Trust Of 2015 is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 2017. It holds total assets of $310K. Annual income is reported at $250K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Butera And Jacobs Family Foundation Trust Of 2015 has made 4 grants totaling $240K, with a median grant of $60K. Annual giving has grown from $40K in 2021 to $80K in 2023. Grantmaking activity was highest in 2022 with $120K distributed across 2 grants. Individual grants have ranged from $40K to $80K, with an average award of $60K. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Butera And Jacobs Family Foundation Trust Of 2015 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN.
Butera And Jacobs Family Foundation Trust Of 2015 has distributed a total of $240K across 4 grants. The median grant size is $60K, with an average of $60K. Individual grants have ranged from $40K to $80K.
Butera And Jacobs Family Foundation Trust Of 2015 typically selects its grantees rather than accepting unsolicited proposals.
Butera And Jacobs Family Foundation Trust Of 2015 is headquartered in MOBILE, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip J Butera Md | DIRECTOR | $0 | $0 | N/A |
| Roberta J Butera Phd | DIRECTOR | $0 | $0 | N/A |
Total Giving
$85K
Total Assets
$161K
Fair Market Value
$259K
Net Worth
$161K
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$12K
Total: $151K
Total Grants
4
Total Giving
$240K
Average Grant
$60K
Median Grant
$60K
Unique Recipients
1
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Us Charitable Gift TrustDONATION | Indianapolis, IN | $80K | 2023 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL