Butler Foundation

EIN: 356016441 501(c)(3) Education

Indianapolis, IN

Total Revenue
$100,777
Total Expenses
N/A
Total Assets
$2,412,891
Net Assets
$1,482,994
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
IN
Phone
3179409779
Tax Period
2024-06-01 to 2025-05-31

Butler Foundation, founded in 1921, is a small nonprofit in the Education sector that reported $101K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

To facilitate receipt of life income gifts for future benefit of Butler University.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $100,777
Other Revenue $0
TOTAL REVENUE $100,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $100,777 $121,511 -0.2%
Expenses N/A N/A N/A
Net Income N/A $121,511 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,918,003
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Gahl Vice Chair 1.0
Officer Director
$0 $0 $0
Howard Schrott Treasurer 1.0
Officer Director
$0 $0 $0
Jana Brost Secretary 1.0
Officer Director
$0 $0 $0
Jeff Blade Chair 1.0
Officer Director
$0 $0 $0
Aaron Schamp Trustee 1.0
Director
$0 $0 $0
Andrew Greenlee Trustee 1.0
Director
$0 $0 $0
Brian Stemme Trustee 1.0
Director
$0 $0 $0
Bryan Brenner Trustee 1.0
Director
$0 $0 $0
Chris Miskel Trustee 1.0
Director
$0 $0 $0
Delia Harris Trustee 1.0
Director
$0 $0 $0
Gary Butkus Trustee 1.0
Director
$0 $0 $0
Jane Magnus-Stinson Trustee 1.0
Director
$0 $0 $0
Jay Love Trustee 1.0
Director
$0 $0 $0
Judith Thomas Trustee 1.0
Director
$0 $0 $0
P Scott Bening Trustee 1.0
Director
$0 $0 $0
Rebecca Graham Paul Trustee 1.0
Director
$0 $0 $0
Steve Sterrett Trustee 1.0
Director
$0 $0 $0
Thomas Fischer Trustee 1.0
Director
$0 $0 $0
Alan Finn EVP Finance and Administration and COO/Asst Treasurer (BEG 3/25) 1.0
Officer
$0 $0 $0
Bruce Arick EVP Finance & Admin/COO/Asst Treas. 1.0
Officer
$0 $50,166 $365,603
Claire Aigotti General Counsel/Asst Secretary 1.0
Officer
$0 $94,224 $383,937
James Danko President 1.0
Officer
$0 $66,131 $991,954
Susan Westermeyer Controller/Asst Treasurer 1.0
Officer
$0 $28,405 $176,509
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $100,777 No data $2,412,891 No data
2024 $121,511 No data $3,540,536 No data
2023 $216,198 No data $3,133,154 No data
2022 $701,712 $3,430 $3,152,585 $698,282
2021 $154,498 $14,575 $3,583,650 $139,923
2020 $85,698 $12,683 $2,932,523 $73,015
2019 $193,228 $15,318 $2,973,183 $177,910
2018 $204,071 $14,623 $3,255,039 $189,448
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