2025-04-14T19:14:36+00:00 2024-05-31 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-06-01 356016441 Butler Foundation BUTL 3179409779 4600 Sunset Avenue Indianapolis IN 46208 Bruce E Arick VP Finance and Admin 3179409779 2025-04-15 true Nicole Fishback P01279475 3173834000 2025-04-15 2023 2025-03-06 01:10:19Z James M Danko 4600 Sunset Avenue Indianapolis IN 46208 343350 false X www.butler.edu X 1921 IN To facilitate receipt of life income gifts for future benefit of Butler University. 22 22 0 0 0 0 0 0 0 0 216198 121511 0 0 216198 121511 0 0 0 0 0 0 0 0 0 0 0 0 0 216198 121511 3133154 3540536 1173739 935820 1959415 2604716 To facilitate receipt of life income gifts for future benefit of Butler University. false false 0 0 0 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. 0 true false false false false false false false false false false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 22 22 false false false false false false false true true false false true true true true true true false false false IN X Butler University 3179409779 Business Office 4600 Sunset Avenue Indianapolis IN 46208 Chris Gahl Vice Chair 1.0 1.0 X X 0 0 0 Howard Schrott Treasurer 1.0 1.0 X X 0 0 0 Jana Brost Secretary 1.0 1.0 X X 0 0 0 Jeff Blade Chair 1.0 1.0 X X 0 0 0 Aaron Schamp Trustee 1.0 1.0 X 0 0 0 Amy Wierenga Trustee 1.0 1.0 X 0 0 0 Andrew Greenlee Trustee 1.0 1.0 X 0 0 0 Bill Soards Trustee 1.0 1.0 X 0 0 0 Brian Stemme Trustee 1.0 1.0 X 0 0 0 Bryan Brenner Trustee 1.0 1.0 X 0 0 0 Chris Miskel Trustee 1.0 1.0 X 0 0 0 Delia Harris Trustee 1.0 1.0 X 0 0 0 Gary Butkus Trustee 1.0 1.0 X 0 0 0 Jane Magnus-Stinson Trustee 1.0 1.0 X 0 0 0 Jay Love Trustee 1.0 1.0 X 0 0 0 Judith Thomas Trustee 1.0 1.0 X 0 0 0 P Scott Bening Trustee 1.0 1.0 X 0 0 0 Rebecca Graham Paul Trustee 1.0 1.0 X 0 0 0 Ron Langston Trustee 1.0 1.0 X 0 0 0 Sharon Myers Trustee 1.0 1.0 X 0 0 0 Steve Sterrett Trustee 1.0 1.0 X 0 0 0 Thomas Fischer Trustee 1.0 1.0 X 0 0 0 Bruce Arick VP Finance & Admin/Asst Treas. 1.0 50.0 X 0 302595 48773 Claire Aigotti General Counsel/Asst Secretary 1.0 50.0 X 0 288637 46763 James Danko President 1.0 50.0 X 0 934831 64768 Susan Westermeyer Controller/Asst Treasurer 1.0 50.0 X 0 140613 27730 0 1666676 188034 0 false true false 0 0 0 0 0 0 0 59002 59002 0 0 284348 221839 62509 0 62509 62509 0 0 0 0 0 121511 0 0 121511 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3133154 3540536 0 0 0 0 3133154 3540536 0 0 1173739 935820 1173739 935820 X 83 83 1959332 2604633 1959415 2604716 3133154 3540536 121511 523790 0 X false true X true false X X 1 Butler University 350867977 2 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false Unitrust Payable 898771 Interunit Payable 37049 935820 Schedule D, Part X ASC 740 Disclosure: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false false false false false false false false false James Danko President 0 600000 0 215000 0 119831 0 56041 0 8727 0 999599 0 0 Bruce Arick VP Finance & Admin/Asst Treas. 0 302595 0 0 0 0 0 30259 0 18514 0 351368 0 0 Claire Aigotti General Counsel/Asst Secretary 0 288486 0 0 0 151 0 28849 0 17914 0 335400 0 0 Susan Westermeyer Controller/Asst Treasurer 0 137613 0 3000 0 0 0 13761 0 13969 0 168343 0 0 Schedule J, Part I, Line 3 Compensation established by a related organization: COMPENSATION IS PAID AND ESTABLISHED BY BUTLER UNIVERSITY USING THEIR FORMAL COMPENSATION POLICY. Form 990, Part VI, Line 11b Review of form 990 by governing body BUTLER FOUNDATION'S BOARD OF DIRECTORS HAS FORMALLY DELEGATED AUTHORITY FOR THE REVIEW OF ITS FORM 990 TO THE BUTLER UNIVERSITY STEWARDSHIP COMMITTEE. IN ADDITION, BUTLER'S OUTSIDE ACCOUNTING FIRM REVIEWED THE FORM 990 PRIOR TO FILING. BUTLER UTILIZED THIS PROCESS TO ENSURE THAT ITS FORM 990 RECEIVED SUBSTANTIVE REVIEW BY DIRECTORS AND PROFESSIONALS WITH SPECIFIC KNOWLEDGE OF BUTLER'S ACTIVITIES AND EXTENSIVE FINANCIAL, ACCOUNTING AND TAX EXPERTISE. BUTLER PROVIDED A COMPLETE COPY OF THE RETURN TO THE ENTIRE BOARD PRIOR TO FILING THE TAX RETURN. Form 990, Part VI, Line 12c Conflict of interest policy BUTLER FOUNDATION HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS AND OFFICERS TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE ANNUAL DISCLOSURE REQUIRES DIRECTORS AND OFFICERS TO DISCLOSE, IN WRITING, ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL (TOGETHER WITH FAMILY MEMBERS) HAS IN ANY BUSINESS ENTITY THAT TRANSACTS BUSINESS WITH BUTLER FOUNDATION. IN ADDITION, DIRECTORS AND OFFICERS ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES MID-YEAR IN RELATION TO A PROPOSED TRANSACTION. THE CONFLICT OF INTEREST POLICY REQUIRES THAT ANY INDIVIDUAL WITH A CONFLICT BE RECUSED FROM THE DECISION-MAKING PROCESS, THAT INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS DETERMINE THAT THE PROPOSED TRANSACTION IS IN THE BEST INTERESTS OF BUTLER FOUNDATION, AND THE TRANSACTION MUST BE APPROVED BY A VOTE OF THE INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS WITHOUT THE PARTICIPATION OF ANY INTERESTED INDIVIDUAL. THE ANNUAL CONFLICT DISCLOSURE STATEMENTS ARE SUBMITTED TO, AND REVIEWED BY, THE STEWARDSHIP COMMITTEE, COMPOSED OF INDEPENDENT OUTSIDE DIRECTORS. IN ADDITION, THE EXECUTIVE STAFF OF BUTLER UNIVERSITY IS RESPONSIBLE FOR MONITORING ANY POSSIBLE CONFLICT TRANSACTIONS THAT ARISE AND MANAGING THEM TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARMS' LENGTH, FAIR MARKET VALUE TERMS FOR THE BENEFIT OF BUTLER FOUNDATION. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS (FILED ON A CONSOLIDATED BASIS WITH BUTLER UNIVERSITY) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION MAKES THE FORM 990 AVAILABLE UPON REQUEST AT THE UNIVERSITY'S BUSINESS OFFICE. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. Butler University 4600 Sunset Avenue Indianapolis IN 46208 350867977 Education IN 501(c)(3) 2 NA false CHARITABLE REMAINDER TRUST (5) CRUT CA NA Trust false false false false false false false false false false false false false false false false false false false false