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Nonprofit · EIN 27-0513311

RHETT BUTLER CHARITABLE FOUNDATION

Tax-exempt · SUGAR LAND, TX 77478

Financials

$19.2M$428K2023$974K$886K2024
Revenue Expenses · by fiscal year end
Financials of RHETT BUTLER CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$973,655$885,844$87,811$19,130,321$0$19,130,321
December 31, 2023990-PF$19,187,807$428,374$18,759,433$18,775,034$0$18,775,034
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$840,795
Interest
$22,009
Net rental income
-$4,749
Other income
$110,851

Expenses

Grants and similar amounts paid
$541,500
Compensation of officers, directors and key employees
$180,000
Disbursements for charitable purposes
$541,500
Excise tax on investment income
$10,414

Balance sheet and other

Total assets, start of year
$18,775,034
Total assets, end of year
$19,130,321
Total liabilities, end of year
$0
Net assets, end of year
$19,130,321
Fair market value of assets
$19,856,989
Qualifying distributions
$541,500
Net investment income
$1,093,520

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
IMTIAZ MUNSHI
1600 HIGHWAY 6 S STE 250, SUGAR LAND, TX 77478
CO-TRUSTEE - SECRETARY & TREASURER2$60,000
ROBERT L FRANK
1600 HIGHWAY 6 S STE 250, SUGAR LAND, TX 77478
CO-TRUSTEE - ASSISTANT SECRETARY, VP2$60,000
DOUGLAS A HEATH
1600 HIGHWAY 6 S STE 250, SUGAR LAND, TX 77478
CO-TRUSTEE - PRESIDENT2$60,000
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
IMTIAZ MUNSHI
1600 HIGHWAY 6 S STE 250, SUGAR LAND, TX 77478
CO-TRUSTEE - SECRETARY & TREASURER2$30,000
ROBERT L FRANK
1600 HIGHWAY 6 S STE 250, SUGAR LAND, TX 77478
CO-TRUSTEE - ASSISTANT SECRETARY, VP2$30,000
DOUGLAS A HEATH
1600 HIGHWAY 6 S STE 250, SUGAR LAND, TX 77478
CO-TRUSTEE - PRESIDENT2$30,000

Address and contacts

Address (IRS master file)
1600 HIGHWAY 6 STE 250, SUGAR LAND, TX 77478-4924
In care of
% ROBERT L FRANK
Signed the 990-PF
Douglas Heath, President and Co-Trustee
Phone
(281) 547-0001
Return prepared by
MUNSHI CPA PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-0513311
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$19,130,321
Income (IRS master file)
$973,655

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$973,655$885,844$19,130,321XML
990-TDecember 2024–––IRS
990-PFDecember 2023$19,187,807$428,374$18,775,034XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0513311).

Questions about RHETT BUTLER CHARITABLE FOUNDATION

What is the EIN of RHETT BUTLER CHARITABLE FOUNDATION?
The employer identification number (EIN) of RHETT BUTLER CHARITABLE FOUNDATION is 27-0513311.
Is RHETT BUTLER CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to RHETT BUTLER CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RHETT BUTLER CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RHETT BUTLER CHARITABLE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RHETT BUTLER CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of RHETT BUTLER CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $60,000 (IMTIAZ MUNSHI, CO-TRUSTEE - SECRETARY & TREASURER).
How much revenue does RHETT BUTLER CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $973,655, expenses of $885,844 and total assets of $19,130,321 at year end.

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