DFX Intelligence

Allocator Intelligence

H E Butt Foundation

Foundation· Kerrville, Texas

Foundation, based in Kerrville, Texas, reporting $874M in assets.

Composed from this allocator's classification, location and filed figures.

Assets
$874M
Fund commitments
66
Managers
32
Contact decision makersView relationships
More
Ask DFX about this allocatorInvestment staff
Open searchesPlans backing its top managerSimilar plans, same strategyCommitments (66)Managers
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What may matter next

A pattern DFX replayed against history, using only what was known on each date, points at this record. The rate belongs to the pattern, not to this entity; what already happened is below.

Allocators · Re-upWindow to Sep 2027

H E Butt Foundation

Emerging

Watch for: commits to the successor fund by Sep 2027.

What DFX sees in the record
  • DerivedH E Butt Foundation holds a fund and the manager's next fund in that series, a fund, is open (early deployment).
  • DerivedNo commitment to the new fund appears on the plan's filings yet.
Why it matters

This allocator committed to the prior fund of a series that now has a successor fund. Existing LPs are the first calls in any raise, so this is the re-up list for the GP, and for a competing GP it shows whose capital may be in play.

Who this is for

GPs raising a successor fund, placement agents, and competing GPs in the same strategy.

Can you reach them

No decision maker identified yet.

Read with care: the rate belongs to the pattern, not to this one; it is not a forecast.

How the pattern measured, and every other entity on it: re-up prospects.

Latest dated change: 24 Sep 2026, Re-up prospect for Arbour Lane Credit Opportunity Fund IV, L.P.: condition no longer holds; not judged. Every change is listed below.

4 more people, 29 more managers and 63 more commitments

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

People to know

View all people
  • David Rogers
    President and CEO
    Why: Runs the firm (chief executive or president)
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
All 7
H E Butt Foundation
Funds committed to
All 28
Managers
All 32

Relationship network

105 connected entities66 observed commitments5 repeat counterparties10 dated commitments shown here, 2024

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Fund or vehicle
  • Person
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesFoundation · EIN 741239819Show
Foundation
Assets
$874M
Total assets, Dec 31, 2024 reported
Funded
no pension liability
not filed
Private markets target
no policy read
no policy read
Commitments
66
32 managers on Schedule C

Consultants and advisers

No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • David Rogers · President and CEO
    Why this person: Runs the firm (chief executive or president)
Who else at this allocator · 2 people, grouped by function
Investment team (1)
  • Cary Hendricks · Executive Director of Laity Lodge Camping Programs
    Why this person: Executive director: runs the plan or the office
Finance, operations and compliance (1)
  • Janice Flynn · Chief Financial Officer
    Why this person: Chief Financial Officer at the firm

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

People

7 roles

+4 more people on the investment staff and board

Every name, title and published role at this allocator, with the page it was read from.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Manager roster

32 managers on the commitment tape
From the plan’s own commitment disclosures

+29 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What changed

5 events
  • Sep 24, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Arbour Lane Credit Opportunity Fund IV, L.P.: condition no longer holds; not judged
    with Arbour Lane Capital Management LP
  • Sep 23, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Vance Street Capital IV, L.P.: condition no longer holds; not judged
    with Vance Street Capital LLC
  • Dec 9, 2024Re-up prospectinference
    H E Butt Foundation holds ARBOUR LANE CREDIT OPPORTUNITY FUND III; the manager has a newer fund open: Arbour Lane Credit Opportunity Fund IV, L.P. (unknown, Form D first sale 2024-12-09); no commitment to it on the graph
    with Arbour Lane Capital Management LP
  • Jul 31, 2024Re-up prospectreport dateinference
    H E Butt Foundation holds VANCE STREET CAPITAL III; the manager has a newer fund open: Vance Street Capital IV, L.P. (early deployment, first ADV report 2024-07-31); no commitment to it on the graph
    with Vance Street Capital LLC
  • Jun 28, 2024Re-up prospectreport dateinference
    H E Butt Foundation holds STEPSTONE VC SECONDARIES FUND V; the manager has a newer fund open: Stepstone Vc Secondaries Fund VI LP (early deployment, first ADV report 2024-06-28); no commitment to it on the graph
    with Stepstone Group LP
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

66 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024BLACKROCK TRUST R300 FUNDBlackrockPrivate equity$85.2M heldDisclosed holdingapps.irs.gov
as of Dec 31, 2024CORAL TREE PARTNERS, LPCoral Tree Management, LPPrivate equity$2.3M held2021Disclosed holdingapps.irs.gov
as of Dec 31, 2024SEARCHLIGHT CAPITAL III (FC) AIV, LPSearchlight Capital PartnersPrivate equity$1.5M held2021Disclosed holdingapps.irs.gov

+63 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Size and funding

3 readings
Total assets
$874M Dec 31, 2024 reported IRS 990
$762M (2024-12)
Income
$147M Dec 31, 2024 reported IRS BMF

Provenance

Identifiers: EIN 741239819
Cross-graph: family office graph (shared ein)
First observed Sep 15, 2026, last observed Sep 25, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: private markets allocation target, allocation policy.

Across the graphs

H E Butt Foundation is the same institution as 1 record in Family Offices.

Family Offices1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

H E Butt Foundation sits on 45 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 45 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

5 dated events on the change ledger, latest event first
  • Re up prospect resolved
    2026-09-24
  • Re up prospect resolved
    2026-09-23
  • Re up prospect
    2024-12-09

+2 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+60 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.