SeeBITDAOklahoma

Butterfield Memorial Foundation

Churches & nonprofits
  • 8308 N May Avenue Suite 200, Oklahoma City, OK
  • Since 1900
Nonprofit
Reported revenueReported figures
$13.9M
$13.2Mlikely range$14.6M
Revenue
$13.9M
a year
Profit (EBITDA)
$3.4M
24% of revenue
Employees
15
reported in 2020
Hal Hoxie
President/CEO · source
butterfieldfoundation.orgLinkedIn
Contact
Find Hal Hoxie on RocketReach Request removal or correction

How we got $13.9M

Based on IRS Form 990 (2024).

Reported revenue, IRS Form 990 (2024)$13.9M
× 24% profit margin$3.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
Reported financials
Company website
Owner named

What they do

Butterfield Foundation is a 501(c)(3) that makes grants and offers fiscal sponsorship to Christian ministries and organizations, aiming to address the physical, mental, social, and spiritual well-being of those in need.

Products & services
GrantsFiscal sponsorshipMy Generosity Journey
Markets served
Ministries
Service area
Oklahoma City, OKDemocratic Republic of CongoEswatiniAfrica
Certifications
501(c)(3)2023 Free Methodist Book of Discipline

From the company's website. Industry: Churches & nonprofits.

Customers & suppliers

Customers

  • Champions for Congo · named on its website
  • Congo Health · named on its website
  • Haven of Hope Eswatini · named on its website
  • Streets of Africa · named on its website

Employees over time

▲ 47% since 2020
02550202020222023202420251522
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan15$22.5M$5.5M
2022Form 550041$61.5M$15.0M
2023Form 550036$54.0M$13.2M
2024Form 550015$22.5M$5.5M
2025Form 550022$33.0M$8.1M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
BUTTERFIELD MEMORIAL FOUNDATION
this business
$13.9M$3.4M—
LIGHTHOUSE CHARITIES, INC.
Oklahoma City · 4 employees
$85K$36K0.7 mi
LIMBS FOR LIFE FOUNDATION
Oklahoma City · 5 employees
$1.4M$464K0.9 mi
HEALTH ALLIANCE FOR THE UNINSURED, INC.
Oklahoma City · 7 employees
$1.4M$460K1.8 mi
THRIVE, INC.
Oklahoma City · 6 employees
$2.2M$649K1.8 mi
PERINATAL QUALITY FOUNDATION
Oklahoma City · 6 employees
$6.6M$1.7M1.9 mi
DIABETES SOLUTIONS-OK., INC.
Oklahoma City · 2 employees
$197K$84K1.9 mi

The full calculation

Calibrated: revenue lowered to 50% of the industry-average estimate, to match what businesses in this industry actually report.

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$13.2M – $14.6M
EBITDA range$3.2M – $3.6M
Industry (NAICS)Grantmaking Foundations (813211)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1900

Leadership

  • DM
    Dierdre McCool
    Executive Vice President · Company website · source
  • JR
    Jennifer Richardson
    Vice President of Programs · Company website · source
  • JL
    Josh L. Trimble
    VP Stewardship and Advancement · Company website · source
  • TB
    Tim Burkhart
    Vice President of Charitable Giving · Company website · source
  • LD
    Lisa Drumeller
    Chief Financial Officer · Company website · source
  • CH
    Claudette Haggard
    Program Officer · Company website · source
  • MJ
    Mary Jackson
    Operations Assistant · Company website · source
  • RD
    Rev Denise Abston
    Director · Form 990
  • SA
    Steven Austin
    Treasurer · Form 990
  • AB
    Anita Baird
    Secretary · Form 990
  • DF
    Daniel Fisher
    Chairman · Form 990
  • SG
    Shelly Goodnight
    Director · Form 990

Advisors

  • AccountingLuton & Co PLLCPrepared its Form 990
  • BankingKabbage, Inc.PPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Kabbage, Inc.
PPP 2020
All 202 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/21/2020first$200K$203K15Kabbage, Inc.

Public records

IRS Form 990
Nonprofit
Revenue (2024)$13.9M
Assets$143.0M
Tax-exempt since2006

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Butterfield Memorial Foundation

Butterfield Memorial Foundation is a churches & nonprofits company in Oklahoma City, Oklahoma, in business since 1900. It is owned by Hal Hoxie (President/CEO). Its reported annual revenue is about $13.9M, with roughly $3.4M of EBITDA. It has about 22 employees.

Common questions

Who owns Butterfield Memorial Foundation?
Butterfield Memorial Foundation is owned by Hal Hoxie (President/CEO), according to public sources such as the company's website or filings.
How much revenue does Butterfield Memorial Foundation make?
Butterfield Memorial Foundation reported revenue of about $13.9M.
How many employees does Butterfield Memorial Foundation have?
About 22, from its 2025 retirement-plan filing.
When was Butterfield Memorial Foundation founded?
Butterfield Memorial Foundation has been in business since 1900.