Nonprofit · EIN 35-6016441
BUTLER FOUNDATION
Tax-exempt · INDIANAPOLIS, IN 46208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $100,777 | $0 | $100,777 | $2,412,891 | $929,897 | $1,482,994 |
| May 31, 2024 | 990 | $121,511 | $0 | $121,511 | $3,540,536 | $935,820 | $2,604,716 |
| May 31, 2023 | 990 | $216,198 | $0 | $216,198 | $3,133,154 | $1,173,739 | $1,959,415 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $100,777
- Net gain from sales of assets
- $50,934
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $3,540,536
- Total assets, end of year
- $2,412,891
- Total liabilities, end of year
- $929,897
- Net assets, end of year
- $1,482,994
- Publicly traded securities
- $2,412,891
- Net assets without donor restrictions
- $83
- Net assets with donor restrictions
- $1,482,911
- Gross receipts
- $1,504,540
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1921
- State of legal domicile
- IN
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 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Danko | President Officer | 1 | $0 | $925,823 | $66,131 |
| Claire Aigotti | General Counsel/Asst Secretary Officer | 1 | $0 | $289,713 | $94,224 |
| Bruce Arick | EVP Finance & Admin/COO/Asst Treas. Officer | 1 | $0 | $315,437 | $50,166 |
| Susan Westermeyer | Controller/Asst Treasurer Officer | 1 | $0 | $148,104 | $28,405 |
| Chris Gahl | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Howard Schrott | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jana Brost | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jeff Blade | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Aaron Schamp | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Andrew Greenlee | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Brian Stemme | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bryan Brenner | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Chris Miskel | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Delia Harris | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Gary Butkus | Trustee Trustee or director | 1 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jane Magnus-Stinson | Trustee Trustee or director | 1 | $0 |
| Jay Love | Trustee Trustee or director | 1 | $0 |
| Judith Thomas | Trustee Trustee or director | 1 | $0 |
| P Scott Bening | Trustee Trustee or director | 1 | $0 |
| Rebecca Graham Paul | Trustee Trustee or director | 1 | $0 |
| Steve Sterrett | Trustee Trustee or director | 1 | $0 |
| Thomas Fischer | Trustee Trustee or director | 1 | $0 |
| Alan Finn | EVP Finance and Administration and COO/Asst Treasurer (BEG 3/25) Officer | 1 | $0 |
990 for the year ended May 31, 2024: 26 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Danko | President Officer | 1 | $0 | $934,831 | $64,768 |
| Bruce Arick | VP Finance & Admin/Asst Treas. Officer | 1 | $0 | $302,595 | $48,773 |
| Claire Aigotti | General Counsel/Asst Secretary Officer | 1 | $0 | $288,637 | $46,763 |
| Susan Westermeyer | Controller/Asst Treasurer Officer | 1 | $0 | $140,613 | $27,730 |
| Chris Gahl | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Howard Schrott | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jana Brost | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jeff Blade | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Aaron Schamp | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Amy Wierenga | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Andrew Greenlee | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bill Soards | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Brian Stemme | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Bryan Brenner | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Chris Miskel | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Delia Harris | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Gary Butkus | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Jane Magnus-Stinson | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Jay Love | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Judith Thomas | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| P Scott Bening | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Rebecca Graham Paul | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ron Langston | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Sharon Myers | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Steve Sterrett | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Thomas Fischer | Trustee Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 34 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Danko | PRESIDENT Officer | 1 | $0 | $791,993 | $59,430 |
| Bruce Arick | VP FINANCE & ADMIN/ASST TREAS. Officer | 1 | $0 | $291,707 | $45,146 |
| CLAIRE AIGOTTI | GENERAL COUNSEL/ASST SECRETARY Officer | 1 | $0 | $274,813 | $43,610 |
| SUSAN WESTERMEYER | CONTROLLER/ASST TREASURER Officer | 1 | $0 | $133,294 | $26,000 |
| AMY WIERENGA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| P SCOTT BENING | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRYAN BRENNER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GARY BUTKUS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TONYA COMBS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROLLIN DICK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOE EATON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS FISCHER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRIS GAHL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA GRAHAM PAUL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ANDREW GREENLEE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RON LANGSTON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAY LOVE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JANE MAGNUS-STINSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KATHY MARTIN HARRISON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK MINNER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRIS MISKEL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SHARON MYERS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JATINDER BIR-SINGH SANDHU | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| AARON SCHAMP | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| HOWARD SCHROTT | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BILL SOARDS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN STEMME | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JUDITH THOMAS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LYNNE ZYDOWSKY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| STEVE STERRETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JANA BROST | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEITH FALLER | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFF BLADE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT WILDMAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4600 SUNSET AVE, INDIANAPOLIS, IN 46208-3443
- In care of
- % BUTLER UNIV BUSINESS OFFICE
- Principal officer (990 for 2024)
- James M Danko, 4600 Sunset Avenue, Indianapolis, IN 46208
- Signed the 990
- Bruce E Arick, VP Finance and Admin
- Phone
- (317) 940-9779
- Website
- www.butler.edu
- Return prepared by
- Forvis Mazars LLP
Mission
To facilitate receipt of life income gifts for future benefit of Butler University.
Program accomplishments
- Butler Foundation works closely with Butler University to support the advancement, endowment opportunities, and ongoing operations of Butler University. These activities are important to the long-term financial health of the organization in furtherance of the educational goals of Butler University.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 35-6016441
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1956
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $2,412,891
- Income (IRS master file)
- $1,504,540
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $100,777 | $0 | $2,412,891 | XML |
| 990-T | May 2025 | – | – | – | IRS |
| 990 | May 2024 | $121,511 | $0 | $3,540,536 | XML |
| 990-T | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $216,198 | $0 | $3,133,154 | XML |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | $701,712 | $3,430 | $3,152,585 | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 35-6016441).
Questions about BUTLER FOUNDATION
- What is the EIN of BUTLER FOUNDATION?
- The employer identification number (EIN) of BUTLER FOUNDATION is 35-6016441.
- Is BUTLER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to BUTLER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BUTLER FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BUTLER FOUNDATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUTLER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of BUTLER FOUNDATION?
- The 990 for the year ended May 31, 2025 names James M Danko.
- Who are the officers and directors of BUTLER FOUNDATION?
- The 990 for the year ended May 31, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does BUTLER FOUNDATION have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $100,777, expenses of $0 and total assets of $2,412,891 at year end.
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