Busby Foundation: Nonprofit Profile, Financials & Form 990 (EIN 20-2486640)

Revenue by fiscal year
FY2020	$41K
FY2021	$115K
FY2022	$70K
FY2023	$129K
FY2024	$30K
FY2025	$111K

Expenses by fiscal year
FY2020	$154K
FY2021	$113K
FY2022	$133K
FY2023	$98K
FY2024	$127K
FY2025	$130K

Net assets by fiscal year
FY2020	$887K
FY2021	$889K
FY2022	$826K
FY2023	$858K
FY2024	$760K
FY2025	$741K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

86%

Program services 86% · $111K Management & general 7% · $9K Fundraising 8% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation

Hunter Lankford

Co-President

$0Pt VII · Sec A

Richard Anderson

Treasurer,director

$0Pt VII · Sec A

Jess N Legg IV

Co-President

$0Pt VII · Sec A

Clark Jernigan

Director

$0Pt VII · Sec A

Paul Gerling

Director

$0Pt VII · Sec A

Clint Scott

Director

$0Pt VII · Sec A

Jesse Beckett

Director

$0Pt VII · Sec A

Matthew Vitek

Director

$0Pt VII · Sec A

See Busby Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers financial aid to people in the Greater Austin area.

Questions for Busby Foundation

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1 program · $111K · in their own filed words · FY2025

01

Provide financial assistance to individuals diagnosed with amyotrophic lateral sclerosis.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-2486640) · Dispute this line

$111Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking

Grants paid · 6 grants · $537K · 2020–2025

Unitemized GrantFY2025$94,188

Unitemized GrantFY2024$90,390

Unitemized GrantFY2023$64,362

Unitemized GrantFY2022$94,709

Unitemized GrantFY2021$82,404

Unitemized GrantFY2020$111,374

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$111K

Ln 12

Gifts and grantsLn 1h$105K

Investment incomeLn 3$29K

Money outPt IX

$130K

Ln 25

Programscol B$111K

Managementcol C$9K

Fundraisingcol D$10K

Owns and owesPt X

$741K

net assets · Ln 32

Cash and savingsLn 1–2$29K

Total assetsLn 16$741K

LiabilitiesLn 26$0

PeoplePt VI, VII

12

listed · VII A

PaidVII A0

Voting boardVI 1a12

IndependentVI 1b12

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$105K

Fundraising eventsLn 1c$93K

Investment incomeLn 3$29K

Total revenueLn 12$111K

Assets in detailPt X, end of year

CashLn 1$29K

Cash and savings togetherLn 1–2$29K

Prepaid expenses and deferred chargesLn 9$23K

InvestmentsLn 11–13$690K

Total assetsLn 16$741K

LiabilitiesLn 26$0

Net assetsLn 32$741K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3More from this return

EndowmentSch D · Pt V

Line	FY25	FY24	FY23	FY22	FY21
End of yearLn 1g	$720K	$720K	$715K	$641K	$647K
AddedLn 1b				$0	$0
SpentLn 1d–1f		$50K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$40K	$29K
InvestmentsLn 11–13	$717K	$690K
Total assetsLn 16	$760K	$741K
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$760K	$741K

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$94K	$94K
Accounting feesLn 11c	$2K	$0	$2K	$0
Office expensesLn 13	$220	$0	$220	$0
Information technologyLn 14	$573	$401	$57	$115
InsuranceLn 23	$450	$0	$0	$450
Other expenses (24a–d)Ln 24	$32K	$16K	$6K	$9K
Total functional expensesLn 25	$130K	$111K	$9K	$10K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS May 4, 2026	$111K	$130K	−$19K	$741K	990 PDF
FY2024Filed with the IRS May 2, 2025	$30K	$127K	−$98K	$760K	990 PDF
FY2023Filed with the IRS May 1, 2024	$129K	$98K	$31K	$858K	990 PDF
FY2022Filed with the IRS May 4, 2023	$70K	$133K	−$63K	$826K	990 PDF
FY2021Filed with the IRS May 11, 2022	$115K	$113K	$3K	$889K	990 PDF
FY2020Filed with the IRS May 3, 2021	$41K	$154K	−$114K	$887K	990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments G · Fundraising I · Grants O · Explanations

See the full FY2025 990

Part I · Summary $111,178 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $2,000$104,726

I-9 Program service revenue$0

I-10 Investment incomePrior year $27,773$29,358

I-11 Other revenue−$22,906

I-12 Total revenuePrior year $29,773$111,178

I-13 Grants and similar amounts paidPrior year $90,390$94,188

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $37,090$35,525

I-18 Total expensesPrior year $127,480$129,713

I-19 Revenue less expensesPrior year −$97,707−$18,535

Part VI · Governance 12 of 12 board members independent, 4 to look at

VI-1a Voting members of the governing body12

VI-1b Independent voting members12

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $111,178 across 6 lines filed

VIII-1c Fundraising events$92,550

VIII-1f All other contributions, gifts and grants$104,726

VIII-1h Total contributions, gifts and grants$104,726

VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$29,358

VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$22,906−$22,906

VIII-12 Total revenueRelated to mission $29,358 · Unrelated business $0 · Excluded from tax −$22,906$111,178

Part IX · Statement of functional expenses $129,713 across 6 lines filed

IX-2 Grants to domestic individualsPrograms $94,188$94,188

IX-11c Accounting feesPrograms $0 · Management $2,440 · Fundraising $0$2,440

IX-13 Office expensesPrograms $0 · Management $220 · Fundraising $0$220

IX-14 Information technologyPrograms $401 · Management $57 · Fundraising $115$573

IX-23 InsurancePrograms $0 · Management $0 · Fundraising $450$450

IX-24 Other expenses (24a–d)Programs $16,320 · Management $6,246 · Fundraising $9,276$31,842

IX-25 Total functional expensesPrograms $110,909 · Management $8,963 · Fundraising $9,841$129,713

Part X · Balance sheet $741,307 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $39,545$29,029

X-9 Prepaid expenses and deferred charges$22,621

X-12 Other securitiesStart of year $717,123$689,657

X-16 Total assetsStart of year $759,842$741,307

X-26 Total liabilitiesStart of year $0$0

X-27 Net assets without donor restrictionsStart of year $219,966$219,966

X-28 Net assets with donor restrictionsStart of year $539,876$521,341

X-32 Total net assets or fund balancesStart of year $759,842$741,307

X-33 Total liabilities and net assetsStart of year $759,842$741,307

Part XI · Reconciliation of net assets $741,307 net assets at year end

XI-1 Total revenue$111,178

XI-2 Total expenses$129,713

XI-3 Revenue less expenses−$18,535

XI-4 Net assets at start of year$759,842

XI-10 Net assets at end of year$741,307

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Busby Foundation

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Busby Foundation

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV