BURRIDGE D BUTLER MEMORIAL TRUST OF
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.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $4.4M | $0 | $45.9M |
| 2022 | $2M | $0 | $41.5M |
Compensation
2023
2022
Similar Organizations
Glencoe, IL
Chicago, IL
Chicago, IL
Chicago, IL
Chicago, IL
Naperville, IL
Woodridge, IL
Chicago, IL
Chicago, IL
Lisle, IL