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Butterfly Equity Foundation is a private corporation based in BEVERLY HILLS, CA. The foundation received its IRS ruling in 2016. The principal officer is % Nestor Olmo. It holds total assets of $232K. Annual income is reported at $809K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Butterfly Equity Foundation has made 43 grants totaling $1.4M, with a median grant of $31K. Annual giving has grown from $341K in 2021 to $1.1M in 2022. Individual grants have ranged from $300 to $131K, with an average award of $32K. The foundation has supported 19 unique organizations. Grants have been distributed to organizations in California and Oregon. Contributions to this foundation are tax-deductible.
Butterfly Equity Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in CA, OR.
Butterfly Equity Foundation has distributed a total of $1.4M across 43 grants. The median grant size is $31K, with an average of $32K. Individual grants have ranged from $300 to $131K.
Butterfly Equity Foundation typically selects its grantees rather than accepting unsolicited proposals.
Butterfly Equity Foundation is headquartered in BEVERLY HILLS, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dustin Beck | CO-PRESIDENT, DIRECTOR | $0 | $0 | $0 |
| Adam Waglay | CO-PRESIDENT, DIRECTOR | $0 | $0 | $0 |
| Nestor Olmo | TREASURER, DIRECTOR (END 06/23) | $0 | $0 | $0 |
| Peter Tang | TREASURER, DIRECTOR (BEG 12/23) | $0 | $0 | $0 |
Total Giving
$795K
Total Assets
$291K
Fair Market Value
$291K
Net Worth
$269K
Grants Paid
$561K
Contributions
$898K
Net Investment Income
$0
Distribution Amount
$8K
Total Grants
43
Total Giving
$1.4M
Average Grant
$32K
Median Grant
$31K
Unique Recipients
19
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Social Justice Learning InstituteGENERAL OPERATIONS | Inglewood, CA | $131K | 2022 |
| Food ForwardGENERAL OPERATIONS | North Hollywood, CA | $71K | 2022 |
| Community PartnersGENERAL OPERATIONS | Los Angeles, CA | $56K | 2022 |
| Venice Family ClinicGENERAL OPERATIONS | Venice, CA | $51K | 2022 |
| Special Service For GroupsGENERAL OPERATIONS | Los Angeles, CA | $41K | 2022 |
Other foundations that have funded Butterfly Equity Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| W & J Sales Family Foundation Inc. | $50K | 2022 | UNRESTRICTED GENERAL |
| W & J Sales Family Foundation Inc. | $50K | 2022 | UNRESTRICTED GENERAL |
| W & J Sales Family Foundation Inc. | $25K | 2021 | UNRESTRICTED GENERAL |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Hollywood Food CoalitionGENERAL OPERATIONS | Los Angeles, CA | $36K | 2022 |
| Growing Communities IncGENERAL OPERATIONS | Los Angeles, CA | $35K | 2022 |
| Alma Backyard FarmGENERAL OPERATIONS | Los Angeles, CA | $31K | 2022 |
| Foodcorps IncGENERAL OPERATIONS | Portland, OR | $31K | 2022 |
| Farm2peopleGENERAL OPERATIONS | Los Angeles, CA | $26K | 2022 |
| Proyecto PastoralGENERAL OPERATIONS | Los Angeles, CA | $11K | 2022 |
| Sustainable Ag And Food System Funders2022 MEMBERSHIP | Santa Barbara, CA | $5K | 2022 |
| Southern California Grantmakers2022 MEMBERSHIP | Los Angeles, CA | $1K | 2022 |
| SuprseedGENERAL OPERATIONS | Los Angeles, CA | $500 | 2022 |
| Inclusive Action For The CityGENERAL OPERATIONS | Los Angeles, CA | $300 | 2022 |
| Food Forward IncGENERAL OPERATING SUPPORT | North Hollywood, CA | $35K | 2021 |
| Special Service For Groups IncGENERAL OPERATING SUPPORT | Los Angeles, CA | $33K | 2021 |
| Sustainable Agriculture Food Systems FundersGENERAL OPERATING SUPPORT | Santa Barbara, CA | $10K | 2021 |
| Vitamin Angel Alliance IncGENERAL OPERATING SUPPORT | Goleta, CA | $5K | 2021 |
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