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Butterfield Preservation Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822475036 ✦ Lombard, IL ✦ Designated as a 501(c)(3)

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Overview

What is Butterfield Preservation Foundation?

The Butterfield Preservation Foundation is a non-profit organization established under the laws of Illinois, primarily focusing on supporting the Butterfield Park District. The Foundation's mission is to address operational and capital needs within the District that may be inadequately funded through its own resources. Specifically, they fund scholarships for high-risk children, provide playgrounds, play equipment, preschool programs, transportation, and field trips, as well as before and after school programs. Their efforts ultimately aim to enhance the quality of life within the community served by the Butterfield Park District.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% - Three-Star out of Four Star rating

The Butterfield Preservation Foundation has earned an 80% rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based entirely on the organization's Accountability & Finance score, highlighting its strong governance practices and transparent financial management.

One of the key strengths of the organization is its board composition, which consists entirely of independent members, reflecting a commitment to good governance. The foundation has demonstrated strong financial stability with no liabilities reported and a high program expense ratio of 91.46%, suggesting that the majority of its funds are directed toward its mission-related activities.

While the rating is positive, it is essential for potential donors and stakeholders to consider that the score is based solely on the Accountability & Finance beacon. There may be other factors related to impact and effectiveness that are not captured in this score. Overall, the Butterfield Preservation Foundation shows promising signs of responsible management and dedication to its preservation efforts.


This AI summary has been generated from information found on Charity Navigator.

Is Butterfield Preservation Foundation legitimate?

Butterfield Preservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Butterfield Preservation Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Butterfield Preservation Foundation?

The Butterfield Preservation Foundation is a philanthropic organization, established under the laws of Illinois, with the primary mission to offer support for the operational and capital needs of a park district that struggle to secure adequate funding through their own resources. The foundation aims to achieve this by developing and providing financial support, contributing towards various initiatives such as scholarships for high-risk children, playgrounds and play equipment, preschool programs, transportation and field trips, and before/after school programs.

Who is the CEO of Butterfield Preservation Foundation?

Michael J Kryger is the Board Member of Butterfield Preservation Foundation.

What is the revenue of Butterfield Preservation Foundation?

Butterfield Preservation Foundation's revenue in 2022 was $7,442.

Who are the executives of Butterfield Preservation Foundation and what are their salaries?

There 6 volunteers at Butterfield Preservation Foundation.


Here are 6 key members and their salaries:


John Amish (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Askin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Berntsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Garbett (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gil (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Kryger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Butterfield Preservation Foundation?

Butterfield Preservation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Butterfield Preservation Foundation

The Butterfield Preservation Foundation is a not-for-profit organization established under the laws of Illinois, whose primary goal is to provide philanthropic support for the Butterfield Park District. This organization's mission is to address the operational and capital needs of the district that may not be adequately funded through the district's available resources. In simple terms, the Butterfield Preservation Foundation aims to bridge funding gaps for the district, ensuring it can continue to offer essential services.

The Foundation's efforts are channeled towards various initiatives. It funds scholarships for high-risk children, helps in the development of playgrounds and play equipment, and supports preschool programs. Additionally, it provides funding for transportation and field trips, as well as before and after school programs. These initiatives aim to enhance the quality of life for children and families within the district.

In summary, the Butterfield Preservation Foundation serves as a vital partner for the Butterfield Park District, working to secure funding for a wide range of programs that directly benefit the community's children and families. By filling funding gaps, the Foundation enables the district to continue providing essential services, ensuring a brighter future for all.

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Impact




June, 2024

The Butterfield Preservation Foundation's impact can be seen in its efforts to fund scholarships for high-risk children, develop playgrounds and play equipment, support preschool programs, provide transportation and field trips, and offer before/after school programs. Through its philanthropic support, the Foundation helps the Butterfield Park District fulfill operational and capital needs that are not covered by existing resources. This work contributes towards creating a better environment for children in the Lombard area of Illinois.




This information is meant to be a general summary of Butterfield Preservation Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,442 (2022)
Expenses
$87,100 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $33,719

Assets and Liabilities:

  • Total Assets: $62,793
  • Total Liabilities: $0
  • Net Assets: $62,793

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Organization Details

Founding Year

2017

Principal Officer

Michael J Kryger

Main Address

21W730 BUTTERFIELD RD, LOMBARD, IL, 60148

NTEE Category

Code: C50 - Environment

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