Highlights

The Buuck Family Foundation, a Scottsdale private foundation, reported $6,395,947 in revenue for tax year 2023, a 1,612% increase over the $373,512 it recorded in TY2022, according to IRS Form 990 data published by ProPublica Nonprofit Explorer.

The revenue surge did not flow through to spending. Expenses for TY2023 totaled $1,065,003, leaving the foundation with a substantial operating surplus. Total assets rose to $17,341,708 at the close of TY2023, up from $12,010,764 the year prior.

The prior year's revenue figure was itself a contraction. In TY2021, the foundation reported $772,282 in revenue against $746,624 in expenses, with assets of $12,926,885. The TY2022 filing showed revenue falling to $373,512 while expenses climbed to $1,294,633, drawing down assets modestly. The TY2023 reversal is the sharpest single-year swing in the three-year window the 990 data covers.

Officer compensation was reported at $0 for TY2021, TY2022, and TY2023.

What drove the revenue jump?

The Form 990 data published by ProPublica does not specify the source of the TY2023 revenue increase. Private foundations of this type typically generate revenue through investment returns, asset sales, and contributions; the underlying 990 filing would itemize those categories. The full filing is available at the ProPublica Nonprofit Explorer page for EIN 41-1796911.

The foundation's full TY2023 990 filing will detail the revenue composition and any changes to grantmaking activity.

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

  1. ProPublica Nonprofit Explorer retrieved 02/06/2026 15:06

Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 02/06/2026 15:06. Every claim traces to a source.