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Filing year 2023

BURRIDGE D BUTLER MEMORIAL TRUST OF

Cary, Illinois·EIN 36-6065694·NTEE T900 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$4.4M
Total assets
$45.9M
Total expenses
$0
Reported officers
5
Mission

THE BURRIDGE D. BUTLER MEMORIAL TRUST OF CHICAGO IS A TAX-EXEMPT TRUST CREATED IN 1951 UNDER THE LAST WILL AND TESTAMENT OF BURRIDGE D. BUTLER. THE TRUST IS DEVOTED TO CHARITABLE AND EDUCATIONAL PURPOSES AND IS A TYPE III NON-FUNCTIONALLY INTERGRATED (SEE SCHEDULE O) SUPPORTING ORGANIZATION TO THE CHICAGO COMMUNITY TRUST. THE TRUST IS A TOTAL RETURN TRUST. THE DISTRIBUTIONS TO THE CHICAGO COMMUNITY TRUST ARE COMPUTED IN AN AMOUNT EQUAL TO FIVE PERCENT ON A MOVING THREE YEAR AVERAGE OF THE NET FAIR MARKET VALUE OF THE TRUST'S ASSETS FOR EACH OF THE THREE YEARS PRECEDING THE YEAR OF THE CURRENT YEAR DISTRIBUTION BASED ON A FISCAL YEAR.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Base salaryExecutive compensation
Chairman
board chair
$33k
Secretary
officer (unspecified)
$29k
Trustee
board member
$22k
Trustee
board member
$22k
Trustee
board member
$22k

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Down 15%
from 2022

From $38k in 2022 to $33k in 2023.

$38k
2022
$33k
2023
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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