Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
WILLIAM BUTTERWORTH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1105 8TH STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOLINE, IL612652947
A Employer identification number

46-4274627
B Telephone number (see instructions)

(309) 743-2700
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$45,545,286
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 137,736
2 Check right arrow.............
3 Interest on savings and temporary cash investments 24 24 24
4 Dividends and interest from securities... 789,985 789,985 789,985
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,656,998
b Gross sales price for all assets on line 6a 9,468,754
7 Capital gain net income (from Part IV, line 2)... 1,657,537
8 Net short-term capital gain......... 36,812
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 31,715 3,228 31,715
12 Total. Add lines 1 through 11........ 2,616,458 2,450,774 858,536
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 87,360 0 0 87,360
14 Other employee salaries and wages...... 710,229 0 0 710,229
15 Pension plans, employee benefits....... 152,347 0 0 152,347
16a Legal fees (attach schedule)......... 3,752 0 0 3,752
b Accounting fees (attach schedule)....... 34,960 5,244 5,244 29,716
c Other professional fees (attach schedule).... 167,378 125,965 125,965 41,413
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 118,158 12,999 12,999 89,499
19 Depreciation (attach schedule) and depletion... 297,980 0 0
20 Occupancy.............. 400,638 0 0 399,241
21 Travel, conferences, and meetings....... 233 0 0 233
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 152,987 7,978 7,978 143,209
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,126,022 152,186 152,186 1,656,999
25 Contributions, gifts, grants paid....... 15,000 15,000
26 Total expenses and disbursements. Add lines 24 and 25 2,141,022 152,186 152,186 1,671,999
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 475,436
b Net investment income (if negative, enter -0-) 2,298,588
c Adjusted net income (if negative, enter -0-)... 706,350
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 300 300 300
2 Savings and temporary cash investments......... 1,810,651 1,604,255 1,604,255
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow88,370
Less: allowance for doubtful accounts right arrow   141,610 88,370 88,370
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 6,627 6,809 6,809
10a Investments—U.S. and state government obligations (attach schedule) 1,411,608 Click to see attachment
List of Attached Documents:
// Content
1,921,953
1,921,953
b Investments—corporate stock (attach schedule)....... 7,531,611 Click to see attachment
List of Attached Documents:
// Content
2,149,723
2,149,723
c Investments—corporate bonds (attach schedule)....... 1,650,529 Click to see attachment
List of Attached Documents:
// Content
1,641,262
1,641,262
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 1,798,992 1,868,060 1,868,060
13 Investments—other (attach schedule).......... 19,126,168 Click to see attachment
List of Attached Documents:
// Content
25,678,762
25,678,762
14 Land, buildings, and equipment: basis right arrow16,645,254
Less: accumulated depreciation (attach schedule) right arrow6,104,814 10,685,925 Click to see attachment
List of Attached Documents:
// Content
10,540,440
10,540,440
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
49,208
Click to see attachment
List of Attached Documents:
// Content
45,352
Click to see attachment
List of Attached Documents:
// Content
45,352
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 44,213,229 45,545,286 45,545,286
Liabilities 17 Accounts payable and accrued expenses.......... 126,254 126,570
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
96,811
Click to see attachment
List of Attached Documents:
// Content
112,181
23 Total liabilities (add lines 17 through 22)......... 223,065 238,751
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 43,990,164 45,306,535
29 Total net assets or fund balances (see instructions)..... 43,990,164 45,306,535
30 Total liabilities and net assets/fund balances (see instructions). 44,213,229 45,545,286
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
43,990,164
2
Enter amount from Part I, line 27a .....................
2
475,436
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
840,935
4
Add lines 1, 2, and 3 ..........................
4
45,306,535
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,306,535
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c SECURITIES LITIGATION P    
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8,382,420   6,834,309 1,548,111
b 1,013,720   976,908 36,812
c 20     20
d 72,594     72,594
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       1,548,111
b       36,812
c       20
d       72,594
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,657,537
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3 36,812
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 31,950
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 31,950
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 31,950
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 28,454
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,100
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,554
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 8,604
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow8,604 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.BUTTERWORTHCENTER.COM
14
The books are in care ofright arrowHEATHER CALVERT Telephone no.right arrow (309) 743-2700

Located atright arrow1105 8TH STREETMOLINEIL ZIP+4right arrow61265
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DOUGAL NELSON BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
GEOFFREY MANIS VICE CHAIR
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
HEATHER CALVERT EXECUTIVE DIRECTOR
40.00
87,360 12,341 0
1105 8TH STREET
MOLINE,IL61265
LUIS MORENO SECRETARY
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
MATT SIVERTSEN CHAIR
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
NATALIE LINVILLE-MASS BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
RHONDA COPELAND FINANCE COMMITTEE CHAIR
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
WILLIAM E BREWER PAST CHAIR
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
DODJI AMOUZOUVI BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
NICK FOSTER BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
KRISTI STEINBECK BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
JACOB STROM BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
JEFF ANDERSON FORMER BOARD MEMBER
1.00
0 0 0
1105 8TH STREET
MOLINE,IL61265
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
GRETCHEN SMALL PROGRAM DIRECTOR
40.00
92,425 19,048 0
1105 8TH STREET
MOLINE,IL61265
JANET STOFFER DIR OF OPS & ADMIN
40.00
81,330 13,088 0
1105 8TH STREET
MOLINE,IL61265
WADE SCHOTT BUILDING SUPERVISOR
40.00
73,416 14,761 0
1105 8TH STREET
MOLINE,IL61265
JEFFREY MANN GROUNDS SUPERVISOR
40.00
56,100 15,760 0
1105 8TH STREET
MOLINE,IL61265
SUSAN ANDERSON COMMUNITY RELATIONS
40.00
64,926 6,050 0
1105 8TH STREET
MOLINE,IL61265
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
WELLS FARGO BANK INVESTMENT MANAGEMENT FEES 125,964
PO BOX 95021
HENDERSON,NV890095021
PER MAR SECURITY & RESEARCH CORP ON-SITE PERSONNEL AND SYSTEM MONITORING 66,230
PO BOX 1101
DAVENPORT,IA52805
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 PRESERVES AND PROVIDES HISTORICAL HOMES TO NOT-FOR-PROFIT AND COMMUNITY ORGANIZATIONS AT NO COST. SEE ATTACHED GENERAL EXPLANATION. 1,423,930
2 SPONSOR A WIDE VARIETY OF EVENTS, CONCERTS, TOURS, SCHOOL PROGRAMS, WORKSHOPS, AND OTHER EDUCATIONAL PROGRAMS. SEE ATTACHED GENERAL EXPLANATION. 233,069
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
32,757,093
b
Average of monthly cash balances.......................
1b
1,700,848
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
34,457,941
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
34,457,941
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
516,869
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,941,072
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,697,054
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,671,999
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
138,696
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,810,695
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions).....
 
c Treated as distributions out of corpus (Election
required—see instructions)........
 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2014-08-04
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
706,350 577,300 491,319 495,656 2,270,625
b 85% (0.85) of line 2a ......... 600,398 490,705 417,621 421,308 1,930,031
c Qualifying distributions from Part XI,
line 4 for each year listed .....
1,810,695 1,768,322 1,574,159 1,659,297 6,812,473
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
15,000 15,009 14,700 15,724 60,433
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
1,795,695 1,753,313 1,559,459 1,643,573 6,752,040
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
        0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
1,131,369 1,043,710 1,090,113 1,195,292 4,460,484
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
        0
(3) Largest amount of support
from an exempt organization
        0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ST AMBROSE UNIVERSITY - ATTN JIM ST
518 WEST LOCUST STREET
DAVENPORT,IA52803
(563) 333-6060
STANGLEJAMESR@SAU.EDU
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION PROCESS IS DETERMINED BY THE COLLEGE. SCHOLARSHIPS FUND POSTSECONDARY EDUCATION (FROM ENTRY THOUGH GRADUATE LEVEL, INCLUDING SOME CERTIFICATE AND PROFESSIONAL PROGRAMS) FOR QUAD CITIZENS. FUNDS ARE GIVEN DIRECTLY TO THE COLLEGE. FIELDS OF STUDY ALIGN WITH THE FOUNDATION MISSION FOCUS ON ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AND WITH THE LOCAL Q2030 INITIATIVE. SPECIFICALLY, THE FIELD SUPPORTED IS NONPROFIT LEADERSHIP.
cAny submission deadlines:
DEADLINES ARE DETERMINED BY THE COLLEGE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1. STUDENTS MUST RESIDE IN ROCK ISLAND OR SCOTT COUNTIES. 2. STUDENTS GAINING CREDENTIALS IN THE FOUNDATION'S MISSION AREAS OF ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AS DESCRIBED ABOVE. 3. STUDENTS MUST BE IN ACADEMIC GOOD STANDING (AS DEFINED BY THE SCHOOL).
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
SCOTT COMMUNITY COLLEGE - ATTN LYSA
500 BELMONT ROAD
BETTENDORF,IA52722
(563) 441-4063
LHEGLAND@EICC.EDU
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION PROCESS IS DETERMINED BY THE COLLEGE. SCHOLARSHIPS FUND POSTSECONDARY EDUCATION (FROM ENTRY THOUGH GRADUATE LEVEL, INCLUDING SOME CERTIFICATE AND PROFESSIONAL PROGRAMS) FOR QUAD CITIZENS. FUNDS ARE GIVEN DIRECTLY TO THE COLLEGE. FIELDS OF STUDY ALIGN WITH THE FOUNDATION MISSION FOCUS ON ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AND WITH THE LOCAL Q2030 INITIATIVE. SPECIFICALLY, THE FIELD SUPPORTED IS FINE ARTS OR EDUCATION.
cAny submission deadlines:
DEADLINES ARE DETERMINED BY THE COLLEGE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1. STUDENTS MUST RESIDE IN ROCK ISLAND OR SCOTT COUNTIES. 2. STUDENTS GAINING CREDENTIALS IN THE FOUNDATION'S MISSION AREAS OF ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AS DESCRIBED ABOVE. 3. STUDENTS MUST BE IN ACADEMIC GOOD STANDING (AS DEFINED BY THE SCHOOL).
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
AUGUSTANA COLLEGE - ATTN JUDY SCARP
639 38TH STREET
ROCK ISLAND,IL61201
(309) 794-7228
JUDYSCARPINATO@AUGUSTANA.EDU
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION PROCESS IS DETERMINED BY THE COLLEGE. SCHOLARSHIPS FUND POSTSECONDARY EDUCATION (FROM ENTRY THOUGH GRADUATE LEVEL, INCLUDING SOME CERTIFICATE AND PROFESSIONAL PROGRAMS) FOR QUAD CITIZENS. FUNDS ARE GIVEN DIRECTLY TO THE COLLEGE. FIELDS OF STUDY ALIGN WITH THE FOUNDATION MISSION FOCUS ON ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AND WITH THE LOCAL Q2030 INITIATIVE. SPECIFICALLY, THE FIELD SUPPORTED IS MUSIC, PERFORMING ARTS, OR FINE ARTS.
cAny submission deadlines:
DEADLINES ARE DETERMINED BY THE COLLEGE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1. STUDENTS MUST RESIDE IN ROCK ISLAND OR SCOTT COUNTIES. 2. STUDENTS GAINING CREDENTIALS IN THE FOUNDATION'S MISSION AREAS OF ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AS DESCRIBED ABOVE. 3. STUDENTS MUST BE IN ACADEMIC GOOD STANDING (AS DEFINED BY THE SCHOOL).
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
BLACK HAWK COLLEGE - ATTN ZENAIDA L
6600 34TH AVENUE
MOLINE,IL61265
(309) 796-5052
LANDEROSZ@BHC.EDU
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION PROCESS IS DETERMINED BY THE COLLEGE. SCHOLARSHIPS FUND POSTSECONDARY EDUCATION (FROM ENTRY THOUGH GRADUATE LEVEL, INCLUDING SOME CERTIFICATE AND PROFESSIONAL PROGRAMS) FOR QUAD CITIZENS. FUNDS ARE GIVEN DIRECTLY TO THE COLLEGE. FIELDS OF STUDY ALIGN WITH THE FOUNDATION MISSION FOCUS ON ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AND WITH THE LOCAL Q2030 INITIATIVE. SPECIFICALLY, THE FIELD SUPPORTED IS COMMUNICATION AND FINE ARTS.
cAny submission deadlines:
DEADLINES ARE DETERMINED BY THE COLLEGE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1. STUDENTS MUST RESIDE IN ROCK ISLAND OR SCOTT COUNTIES. 2. STUDENTS GAINING CREDENTIALS IN THE FOUNDATION'S MISSION AREAS OF ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AS DESCRIBED ABOVE. 3. STUDENTS MUST BE IN ACADEMIC GOOD STANDING (AS DEFINED BY THE SCHOOL).
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WESTERN ILLINOIS UNIVERSITY - ATTN
1 UNIVERSITY CIRCLE SHERMAN HALL
303
MACOMB,IL614551390
(309) 298-1808
BL-BAINTER@WIU.EDU
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION PROCESS IS DETERMINED BY THE COLLEGE. SCHOLARSHIPS FUND POSTSECONDARY EDUCATION (FROM ENTRY THOUGH GRADUATE LEVEL, INCLUDING SOME CERTIFICATE AND PROFESSIONAL PROGRAMS) FOR QUAD CITIZENS. FUNDS ARE GIVEN DIRECTLY TO THE COLLEGE. FIELDS OF STUDY ALIGN WITH THE FOUNDATION MISSION FOCUS ON ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AND WITH THE LOCAL Q2030 INITIATIVE. SPECIFICALLY, THE FIELD SUPPORTED IS EARLY CHILDHOOD OR ELEMENTARY EDUCATION.
cAny submission deadlines:
DEADLINES ARE DETERMINED BY THE COLLEGE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1. STUDENTS MUST RESIDE IN ROCK ISLAND OR SCOTT COUNTIES. 2. STUDENTS GAINING CREDENTIALS IN THE FOUNDATION'S MISSION AREAS OF ARTS, CULTURE, EDUCATION AND CHARITABLE WORK AS DESCRIBED ABOVE. 3. STUDENTS MUST BE IN ACADEMIC GOOD STANDING (AS DEFINED BY THE SCHOOL).
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

AUGUSTANA COLLEGE

639 38TH STREET
ROCK ISLAND,IL61201
NONE PC SCHOLARSHIPS 2,500

BLACK HAWK COLLEGE FOUNDATION

6600 34TH AVENUE
MOLINE,IL61265
NONE PC SCHOLARSHIPS 2,500

MOLINE HIGH SCHOOL ENGLISH DEPARTMENT

3600 AVENUE OF THE CITIES
MOLINE,IL61265
NONE PC ENGLISH DEPARTMENT LITERATURE GRANT 2,000

QUAD CITIES CANINE ASSISTANCE NETWORK

PO BOX 1693
MOLINE,IL61265
NONE PC GENERAL SUPPORT 500

SCOTT COUNTY COMMUNITY COLLEGE

500 BELMONT ROAD
BETTENDORF,IA52722
NONE PC SCHOLARSHIPS 2,500

ST AMBROSE UNIVERSITY

518 WEST LOCUST STREET
DAVENPORT,IA52803
NONE PC SCHOLARSHIPS 2,500

WESTERN ILLINOIS UNIVERSITY FOUNDATION

3300 RIVER DRIVE
MOLINE,IL61265
NONE PC SCHOLARSHIPS 2,500
Total .................................right arrow 3a 15,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
aPROGRAM REGISTRATION         28,487
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 24  
4 Dividends and interest from securities ....     14 789,985  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 1,656,998  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aHISTORIC SITE - REAL ESTATE RENTAL
    16 1,728  
bHISTORIC SITE - PERSONAL PROPERTY RENTAL     17 1,500  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,450,235 28,487
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,478,722
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A FEES ARE FOR EDUCATIONAL PURPOSES AND ARE RECEIVED FROM TEACHERS WHO ATTEND WORKSHOPS OR FROM COMPANIES, ORGANIZATIONS, INDIVIDUALS OR SCHOOLS WHO ATTEND TOURS OR HAVE ON-SITE PROGRAMS PROVIDED.
11A INCOME FROM THE RENTAL OF REAL PROPERTY FOR SPECIAL EVENTS.
11B INCOME FROM THE RENTAL OF PERSONAL PROPERTY LEASED WITH THE REAL PROPERTY FOR SPECIAL EVENTS.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
WILLIAM BUTTERWORTH FOUNDATION
 
Employer identification number

46-4274627
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
WILLIAM BUTTERWORTH FOUNDATION
 
Employer identification number
46-4274627
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
JEFFRIS FAMILY FOUNDATION
 
PO BOX 1160
 
JANESVILLE, WI535471160

$ 30,767


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
DAVE C EVERITT
1290 ORANGE COURT
 
MARCO ISLAND, FL341452326

$ 30,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
MOLINE REGIONAL COMMUNITY FOUNDATION
 
1601 RIVER DRIVE STE 201
 
MOLINE, IL61265

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
4
DOUG M HULTQUIST
35 VELIE DR
 
ROCK ISLAND, IL612016167

$ 13,220


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
5
LOWELL N JOHNSON CHARITABLE FOUNDATION
 
1610 5TH AVENUE
 
MOLINE, IL612657909

$ 9,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
6
CORY J REED
PO BOX 5
 
PLEASANT VALLEY, IA52767

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
WILLIAM BUTTERWORTH FOUNDATION
 
Employer identification number
46-4274627
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
7
DEBBIE SCHWIEBERT
3913 14TH STREET
 
ROCK ISLAND, IL61201

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
8
MARK VON PENTZ
IM GALELACKER 20
 
HEIDELBERG,   69120GM

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
WILLIAM BUTTERWORTH FOUNDATION
 
Employer identification number

46-4274627
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
WILLIAM BUTTERWORTH FOUNDATION
 
Employer identification number

46-4274627
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT & TAX PREP FEES 34,960 5,244 5,244 29,716

TY 2024 GeneralExplanationAttachment
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Identifier Return Reference Explanation
  FORM 990-PF, PAGE 7, PART VIII-A, LINE 1 TWO HISTORIC HOMES, ONCE BELONGING TO JOHN DEERE'S DESCENDANTS, ARE NOW PRESERVED AND OPERATED BY THE WILLIAM BUTTERWORTH FOUNDATION (WBF). THEY SERVE AS YEAR-ROUND SITES FOR QUALITY EDUCATIONAL AND CULTURAL EVENTS, MEETING SPACE FOR NON-PROFIT ORGANIZATIONS, AND TOURS FOR LOCAL, NATIONAL, AND INTERNATIONAL VISITORS.VISION: A COMMUNITY THAT VALUES ITS HERITAGE, SERVES ONE ANOTHER, AND FINDS JOY IN LEARNING.MISSION: HONORING OUR HERITAGE BY SUPPORTING SERVICE, CULTURE, AND EDUCATION IN THE QUAD CITIES COMMUNITY.COMMUNITY USE: WBF OFFERS FREE USE OF 12 SPACES WITHIN THEIR FACILITIES TO NON-PROFITS AND EDUCATIONAL GROUPS. COMMUNITY GROUPS USED THESE SPACES FOR 3,530 HOURS, VALUED AT $414,775 BASED ON COMPARATIVE MARKET VALUES. EVENTS RANGE FROM STRATEGIC PLANNING RETREATS TO WORK GROUPS, AND MONTHLY MEETINGS TO SPECIAL CELEBRATIONS. THE SITE IS AVAILABLE 7 DAYS AND OVER 80 HOURS PER WEEK TO ACCOMMODATE WORKING AND NON-WORKING MEMBERS OF ALL AGES. DIVERSE IN THEIR PURPOSES, THE 155 COMMUNITY GROUPS ALL HAVE EDUCATIONAL OR CHARITABLE MISSIONS OR SERVE BOTH FUNCTIONS FOR THE QUAD CITIES COMMUNITY.
  FORM 990-PF, PAGE 7, PART VIII-A, LINE 2 PROGRAMS & COLLECTIONS MISSION: PROGRAMS SPONSORED BY BUTTERWORTH CENTER & DEERE-WIMAN HOUSE NURTURE ARTISTIC EXPRESSION AND PRODUCE, PRESENT, SUPPORT, AND PRESERVE ARTS, HISTORY, AND CULTURE. IN ADDITION, THE VARIETY OF EDUCATIONAL PROGRAMS ENCOURAGES LIFE-LONG LEARNING AT ALL AGE LEVELS. COLLECTIONS ARE PRESERVED TO PROLONG THEIR LIFE AND ARE UTILIZED TO SUPPORT PROGRAMS AND HONOR OUR HERITAGE.IN 2019 (PRE-COVID), OUR ATTENDANCE FOR TOURS, EVENTS, AND PROGRAMS REACHED OVER 11,000. TOTAL PROGRAM ATTENDANCE FOR 2024 WAS 14,230. VIKING RIVER CRUISES TOUR GROUPS WERE A MAJOR PART OF THE YEAR'S SUCCESS, BUT WE WERE BUSY WITH MANY OTHER PROGRAMS AS FOLLOWS (MOST PROVIDED FREE OF CHARGE).*GUIDED TOURS OF BOTH HISTORIC HOUSES*SCHOOL PROGRAMS, TOURS, AND IN-CLASS PROGRAMS*FINE ARTS EXHIBITION: MOLINE K-5 STUDENTS ENCOURAGED TO CREATE ART*LITERARY ARTS EXHIBITION: MOLINE K-5 STUDENTS ENCOURAGED TO WRITE AND READ*MUSIC ON THE LAWN: LIVE MUSIC FOR LOCAL DAYCARE FACILITIES AND THE PUBLIC TARGETED AT CHILDREN AND FAMILIES*SUMMER DAY CAMPS: CHILDREN LEARN ABOUT HISTORY WITH HANDS-ON ACTIVITIES - FOR LOCAL DAYCARE FACILITIES.*EVENINGS AT BUTTERWORTH: ADULTS INCREASE THEIR KNOWLEDGE OF DEERE, LOCAL AND NATIONAL HISTORY*MUSIC AT BUTTERWORTH: WORLD-CLASS MUSIC PERFORMANCES*QUAD CITY MUSEUM WEEK: PARTNERSHIP WITH LOCAL MUSEUMS TO CELEBRATE THE REGION'S MUSEUMS*PORCH PARTY AND 19TH CENTURY CHRISTMAS: ALL OF THE BUILDINGS ARE OPEN TO THE PUBLIC WITH NUMEROUS ACTIVITIES AND LIVE MUSIC FOR THESE TWO ALL-DAY EVENTSDURING 2024, 110 VOLUNTEERS CONTRIBUTED APPROXIMATELY 365 HOURS DURING PROGRAMS AND PREPARATIONS.COLLECTIONS HIGHLIGHTS:EACH JANUARY A DEEP CLEANING IS SCHEDULED TO ENABLE STAFF TO MORE THOROUGHLY CLEAN SPACES TO HELP PROLONG THE LIFE OF ARTIFACTS. IN ADDITION, DOCUMENTATION DURING DEEP CLEANING LEADS TO A MORE DETAILED PRESERVATION PLAN FOR THE FUTURE.*STAFF COMPLETED A DEEP CLEAN OF THE BUTTERWORTH CENTER LIBRARY, WHICH INCLUDED REMOVING AND REPLACING THE CARPET PAD.COLLECTIONS CARE:COLLECTIONS CARE AND DOCUMENTATION LEADS TO STRONGER AND RICHER SOURCES FOR PROGRAMS. IN ADDITION, COLLECTIONS CARE PRESERVES DEERE HERITAGE.*WITH THE HELP OF STAFF AND VOLUNTEERS, UPLOADED DATA OF HISTORIC PHOTOGRAPHS AND ARTIFACTS INTO COLLECTIONS PROGRAM*WIU MUSEUM STUDIES GRADUATE ASSISTANTS COMPLETED A HISTORIC SURVEY OF THE BUTTERWORTH CENTER GROUNDS IN THE SPRING OF 2024. IN THE FALL OF 2024, THE HISTORIC FURNISHINGS PLAN FOR THE BUTTERWORTH EDUCATION CENTER WAS COMPLETED.*THROUGHOUT 2024, STAFF WORKED TO COMPLETE AND UPDATE MORE COLLECTION RECORDS, ARCHIVAL MATERIALS, AND ARTIFACT STORAGE.*ADDED COPIES OF HISTORICAL ARCHITECTURAL PLANS OF WORK COMPLETED AT OVERLOOK AND HILLCREST, RECENTLY GIFTED TO THE ROCK ISLAND COUNTY HISTORICAL SOCIETY.TECHNOLOGY OUTREACH: SINCE THE PANDEMIC, WBF HAS SOUGHT WAYS TO ENGAGE AND SHARE THE STORY OF OUR ORGANIZATION AND HISTORY THROUGH SOCIAL MEDIA. THROUGH OUR WEBSITE, FACEBOOK, INSTAGRAM, LINKEDIN AND YOUTUBE, WE SHARE OUR MISSION. SOCIAL MEDIA ENGAGEMENT NUMBERS INCREASED ACROSS ALL PLATFORMS. WHILE THE MAJORITY OF OUR FOLLOWERS ARE LOCAL, WE SEE MORE ENGAGEMENT FROM PEOPLE BEYOND OUR REGION.

TY 2024 InvestmentsCorpBondsSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE 74,690 74,690
AMGEN INC 60,560 60,560
APPLE 41,417 41,417
AT&T 103,689 103,689
BANK OF AMERICA 101,837 101,837
BLACKROCK INC 63,648 63,648
BP CAP MARKETS AMERICA 30,955 30,955
BURLINGTON NORTHERN SANTA FE 57,745 57,745
CAPITAL ONE FINANCIAL 33,783 33,783
CHARLES SCHWAB 71,750 71,750
COMCAST 56,717 56,717
DUKE ENERGY CORP 61,515 61,515
HOME DEPOT 83,680 83,680
HP ENTERPRISE CO 48,157 48,157
JP MORGAN CHASE 68,698 68,698
KINDER MORGAN 83,416 83,416
MORGAN STANLEY 76,347 76,347
O'REILLY AUTOMOTIVE INC 62,793 62,793
QUEST DIAGNOSTICS INC 53,539 53,539
TORONTO-DOMINION BANK 48,670 48,670
UNITEDHEALTH GROUP 120,015 120,015
VERIZON COMMUNICATIONS 164,889 164,889
VISA 72,752 72,752

TY 2024 InvestmentsCorpStockSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Name of Stock End of Year Book Value End of Year Fair Market Value
ACUSHNET HOLDINGS 38,668 38,668
ADYEN 18,486 18,486
AIA GROUP 16,831 16,831
AIR LIQUIDE 16,609 16,609
ALCON 23,175 23,175
ALFA LAVAL 21,139 21,139
ALLIANZ 53,750 53,750
AMBEV 13,768 13,768
ARTISAN PARTNERS ASSET MANAGEMENT 21,999 21,999
ASPEN TECHNOLOGY 17,973 17,973
ASSA ABLOY AB 15,456 15,456
ATLAS COPCO 24,450 24,450
BANCFIRST 20,038 20,038
BANCO BILBAO VIZCAYA ARGENT 29,461 29,461
BHP GROUP LTD 20,411 20,411
CANADIAN NATURAL RR 11,166 11,166
CHUGAI PHARMACEUTICAL CO 45,280 45,280
CLEARWATER ANALYTICS HOLDINGS 21,686 21,686
COLOPLAST 12,793 12,793
CORVEL 50,067 50,067
CREDICORP LTD 14,849 14,849
DAIFUKU CO LTD 13,614 13,614
DASSAULT SYSTEMES 36,679 36,679
DBS GROUP HOLDINGS 64,788 64,788
DISCO CORPORATION 17,935 17,935
DONALDSON CO 9,766 9,766
EMCOR GROUP 45,390 45,390
ENN ENERGY HOLDINGS 18,917 18,917
EPIROC AKTIEBOLAG 17,325 17,325
FACTSET RESH SYS 25,455 25,455
FIRST HAWAIIAN 27,222 27,222
FOMENTO ECONOMICO MEXICANO 30,263 30,263
FTI CONSULTING 50,649 50,649
GENMAB A/S 9,955 9,955
GRACO 30,429 30,429
GRUPO FINANCIERO BANORTE 12,487 12,487
HAIER SMART HOME CO 22,162 22,162
HALEON PLC ADR 39,553 39,553
HDFC BANK 43,872 43,872
HENRY JACK & ASSOC 12,096 12,096
INFINEON TECHNOLOGIES 40,473 40,473
K.FORCE INC 9,923 9,923
KADANT 35,534 35,534
KOMATSU 19,834 19,834
LANDSTAR SYSTEMS 36,606 36,606
LCI INDUSTRIES 15,922 15,922
LOREAL 31,332 31,332
MANHATTAN ASSOCIATES 27,294 27,294
MANULIFE FINANCIAL 41,673 41,673
MERCADOLIBRE INC 17,004 17,004
MOELIS & CO 37,827 37,827
NESTLE 26,553 26,553
NEW LINDE PLC 21,771 21,771
NOVOZYMES 10,008 10,008
PING AN INSURANCE (GROUP) COMPANY 10,429 10,429
PRIMERICA 58,084 58,084
PT TELEKOMUNIKASI INDONESIA TB 15,200 15,200
RBC BEARINGS 30,512 30,512
RIGHTMOVE 26,534 26,534
RIO TINTO 20,642 20,642
RLI 21,428 21,428
ROCHE HOLDINGS 33,031 33,031
ROYAL DUTCH SHELL 39,094 39,094
SAP 42,348 42,348
SCHNEIDER ELECTRIC 37,826 37,826
SHIMANO INC 8,202 8,202
SHIONOGI & CO 14,832 14,832
SIMPSON MFG 56,880 56,880
SONOVA HOLDING 13,463 13,463
SONY GROUP CORP 35,443 35,443
SYMRISE 18,302 18,302
SYSMEX 28,700 28,700
TAIWAN SEMICONDUCTOR MANUFACTURING 55,890 55,890
TECHTRONIC INDUSTRIES COMPANY 14,893 14,893
TENCENT HOLDINGS 27,920 27,920
TORO 41,812 41,812
UFP INDUSTRIES INC 28,275 28,275
UNI CHARM 8,378 8,378
WATTS WATER TECHNOLOGIES 37,814 37,814
ZTO EXPRESS 15,425 15,425

TY 2024 InvestmentsGovtObligationsSch
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
US Government Securities - End of Year Book Value:

1,894,879
US Government Securities - End of Year Fair Market Value:

1,894,879
State & Local Government Securities - End of Year Book Value:


27,074
State & Local Government Securities - End of Year Fair Market Value:


27,074


TY 2024 InvestmentsOtherSchedule2
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GQG PARTNERS EMERGING MARKETS EQUITY FMV 873,056 873,056
ISHARES CORE S&P MIDCAP FMV 2,349,087 2,349,087
ISHARES MSCI EAFE FMV 1,331,876 1,331,876
ISHARES MSCI EMERGING MARKETS FMV 878,079 878,079
ISHARES RUSSELL 2000 FMV 919,636 919,636
PRINCIPAL MIDCAP FUND FMV 2,320,340 2,320,340
VANGUARD 500 INDEX FUND FMV 11,484,000 11,484,000
VANGUARD TOTAL BOND MARKET ETF FMV 5,522,688 5,522,688

TY 2024 LandEtcSchedule2
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 551,900 0 551,900 551,900
LAND IMPROVEMENTS 820,898 700,657 120,241 120,241
BUILDINGS & IMPROVEMENTS 10,402,481 4,822,296 5,580,185 5,580,185
FURNITURE & FIXTURES 636,498 581,861 54,637 54,637
COLLECTIONS 4,199,125 0 4,199,125 4,199,125
CAPITAL PROJECTS IN PROGRESS 34,352 0 34,352 34,352


TY 2024 LegalFeesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,752 0 0 3,752


TY 2024 OtherAssetsSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INVESTMENT INCOME 48,918 45,352 45,352
CURRENT FEDERAL EXCISE TAX 290 0 0


TY 2024 OtherExpensesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROGRAMS & OUTREACH 85,064 0 0 85,064
ADMINISTRATIVE & OFFICE 25,836 0 0 25,686
PUBLIC RELATIONS 34,109 0 0 32,459
INVESTMENT EXPENSES 7,978 7,978 7,978 0


TY 2024 OtherIncomeSchedule2
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PROGRAM REGISTRATION 28,487   28,487
HISTORIC SITE - REAL ESTATE RENTAL 1,728 1,728 1,728
HISTORIC SITE - PERSONAL PROPERTY RENTAL 1,500 1,500 1,500


TY 2024 OtherIncreasesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Description Amount
CHANGE IN UNREALIZED GAIN/LOSS ON INVESTMENTS 840,935


TY 2024 OtherLiabilitiesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX 96,811 112,181


TY 2024 OtherProfessionalFeesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES (WELLS FARGO & CO) 125,965 125,965 125,965 0
CONSULTING FEES 41,413 0 0 41,413


TY 2024 TaxesSchedule
Name:
WILLIAM BUTTERWORTH FOUNDATION
EIN:
46-4274627
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 60,540 0 0 60,540
REAL ESTATE TAXES 959 0 0 959
FEDERAL EXCISE TAXES 43,660 0 0 28,000
FOREIGN TAXES PAID ON DIVIDENDS 12,999 12,999 12,999 0