Butterfield Memorial Foundation

What it reported doing in 2024

Grants: butterfield memorial foundation (bmf)provides grant funding to support whole-person healthcare for uninsured and underserved individuals, as well as those experiencing unexpected pregnancies. The foundation prioritizes funding for christian, nonprofit organizations serving communities in Oklahoma, while also considering grants for similar organizations operating throughout the united states and internationally. In 2024, bmf approved a total of 6,413,064 in grants across four primary funding focus with a total of 4,351,211. Charitable whole person healthcare - 4,420,531 approved; 2,370,778 distributed international whole person healthcare - 963,060 approved; 994,060 distributed choose life advancement - 618,023 awarded; 594,023 distributed spiritual care advancement - 51,450 awarded; 32,350 distributed additionally, 360,000 was distributed through board and president discretionary grants. These grants were directed toward initiatives addressing physical, spiritual, social, and mental healthcard needs. To evaluate grant effectiveness and maintain alignment with the foundation's mission, site visits were conducted at 30 nonprofit organizations within the united states and internationally. Bmf also funded two internship programs to support the development of future healthcare and ministry professionals: 1. Butterfield christian medical internship (bcmi) - a six-week summer program for undergraduate pre-medical students in partnership with a consortium of five Oklahoma christian universities. Six students participated in clinical rotations at four charitable healtcare clinics in Oklahoma city. 2. Eric baird spiritual care internship (ebsci) - a chaplaincy training program for ministry students in partnership with bethany children's health center, mid-america christian university, and the ymca in Oklahoma city, as well as christ community health services and harding theological seminary in Tennessee. These programs provided hands-on learning experiences, reinforcing the foundation's commitment to charitable healthcare and sprirutal care within local and international communities. Community initiative/involvement butterfield memorial foundation remains committed to helping uninsured oklahomans access quality medical, mental/emotional, and spiritual healthcare services. In additin to our grant funding and programming, we seek to accomplish this goal through community initiatives, outreach, and providing strategic guidance to our kingdom partners. Community initiatives involve community participation, collaboration, capacity building, and empowerment. The goal is to address issues impacting the well-being of people. Funding for community initiatives is separate from grant funding. Each community initiative is geared toward forwarding the mission and vision of the foundation. Butterfield foundation regularly interacts with a variety of stakeholders to identify gaps in services in our community and throughout the world. In 2024, a total of 272,616 was invested in addressing areas of need outside our traditional grant funding. The first community initiative seeks to improve access to healthcare for the uninsured in Oklahoma. Initially launched in 2022, patient navigation services have been stregthened, specialty care services have expanded, and the overall safety net improved. In 2024, hau helped about 10,000 patients access healthcare and made 1,073 referrals for specialty care services. Due to the success of this initiative, additional funding has been allocated for fy 2025,2026, and 2027. The second initiative, titled the eric baird spiritual care international chaplaincy, started in 2023. The goal of this initiative is to advance spiritual care for people residing in burundi, democratic republic of congo (drc) and rwanda. The foundation continues to partner with the free methodist chaplain associatin and other free methodist ministries, including central africa healthcare organization, hope africa university, kibogora polytech

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 60.4%; rating input score 60
• Fundraising efficiency: $0.76 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 3 of 8 controls in place; rating input score 38
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Pass
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 97.6%; rating input score 98; 28th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.9%; rating input score 93; 25th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 20.7%; rating input score 83; 83rd percentile among comparable filings
• Total-asset coverage ratio: 13.02; rating input score 93; 93rd percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 89; 89th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
• Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
• Asset growth: 2.8% per year; rating input score 100; 21st percentile among comparable filings