Charles Butt

- Joined the Giving Pledge: 05/31/2018 - Read the Letter
- Estimated Net Worth: $10.7 billion
- Forbes Rank: #94
- Industry: Supermarkets
- Born: 1938
- Residence: San Antonio, TX
Charles Butt's grandmother started the family supermarket business in 1905. Since 1971, he has led the $25 billion H-E-B supermarkets, named after his father Howard. He holds a BA from University of Pennsylvania's Wharton School and an MBA from Harvard Business School.
Since 1933, H-E-B supermarkets has contributed 5% of pre-tax earnings to charity. Butt's personal philanthropy focuses on primary and secondary public school education.
Related Foundations
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- The Charles Butt Foundation
- For Year Ending: 12/31/2019
- Assets: $7,229,103
- Giving: $24,111,475
- 990-PF and more at Foundation Directory Online
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- H. E. Butt Foundation
- For Year Ending: 12/31/2018
- Assets: $415,987,085
- Giving: $2,347,854
- 990-PF and more at Foundation Directory Online
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- H.E. Butt Grocery Company Contributions Program
- For Year Ending: 12/31/1969
- Assets: $
- Giving: $
- 990-PF and more at Foundation Directory Online
Over the past 30 years, my personal philanthropy has been increasingly focused on strengthening public education. I believe that a quality education for every child should be a preeminent national goal.Charles Butt
News from PND
More News
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If You Missed This Billionaire's Giant K-12 Gift, Here's Why It Matters
— Inside Philanthropy 01/28/2017 -
Grocery Mogul Makes a $100 Million Statement With Education Gift
— Chronicle of Philanthropy 02/16/2017 -
[video] Charles Butt Donates $5 Million to J.J. Watt Foundation Funds To Support Hurricane Harvey Relief and Recovery
— Texas Border Business 09/06/2017