Betagole Family Foundation Inc

CINCINNATI, OH EIN: 47-5625163

Betagole Family Foundation Inc is a private foundation based in Cincinnati, Ohio. The foundation was established in 2016 and operates as a 501(c)(3) organization designated for philanthropic purposes including religious, educational, charitable, scientific, and literary endeavors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-5.5% YoY

Annual Giving

$261K

-3.1% YoY

Grant Count

-5.3% YoY

Avg Grant Size

$3K

+2.4% YoY

Under IRS private-foundation payout rules, Betagole Family Foundation Inc reported a distributable amount of $303K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary purpose is to fund general support through the sale of securities to make qualified contributions. The foundation supports a diverse range of charitable causes, with demonstrated giving across community development, health services, and social welfare organizations.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in the Cincinnati, Ohio area and the greater Cincinnati region.

Grant Distribution by State

Ohio $540K (67%)

New York $177K (22%)

District of Columbia $41K (5%)

Florida $13K (2%)

California $11K (1%)

Massachusetts $10K (1%)

Illinois $4K (1%)

Kentucky $2K (0%)

+11 more states

States

Arizona California District of Columbia Florida Georgia Illinois Indiana Kentucky Massachusetts Maryland Michigan Missouri New York Ohio Pennsylvania South Dakota Tennessee Texas Virginia

Cities

ArlingtonAtlantaBellevueBethesdaBlue AshBoys TownCedarhurstChamberlainChicagoCincinnatiCincnnatiColumbusCotatiDallasDaytonDublinEvanstonFairfieldFort MyersGainesville

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $2,335,608
Total Revenues: $129,671
Total Expenses: $265,044
Net Income: -$135,373

As of December 2023:

Total Assets: $2,470,981
Total Giving: $268,800

The foundation operates with no employees and relies on investment income and asset liquidation to support its grantmaking activities.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,335,608	$2,470,981	$2,521,953
Revenue	$129,671	$229,794	$147,791
Expenses	$265,044	$270,884	$181,968
Qualifying Distributions	$260,543	$268,800	$179,780
Net Investment Income	$129,671	$219,508	$135,690
Distributable Amount	$303,295	$264,227	$275,793

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Federation of Cincinnati ($116,750), Jewish National Fund ($18,290), Isaac M Wise Temple ($10,050).

Recipient	Purpose	Amount
ALL FAITH FOOD BANK SARASOTA, FL	GENERAL SUPPORT	$200
ALS ASSOCIATION ARLINGTON, VA	GENERAL SUPPORT	$50
ALZHEIMER'S ASSOCIATION CHICAGO, IL	GENERAL SUPPORT	$250
AMER SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS NEW YORK, NY	GENERAL SUPPORT	$100
AMERICAN CANCER SOCIETY CINCINNATI, OH	GENERAL SUPPORT	$500
AMERICAN DIABETES ASSOCIATION ARLINGTON, VA	GENERAL SUPPORT	$200
AMERICAN HEART ASSOCIATION DALLAS, TX	GENERAL SUPPORT	$250
AMERICAN JEWISH COMMITTEE CINCINNATI, OH	GENERAL SUPPORT	$2,000
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE NEW YORK, NY	GENERAL SUPPORT	$200
AMERICAN KIDNEY FUND ROCKVILLE, MD	GENERAL SUPPORT	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT BETAGOLE	DIRECTOR/PRESIDENT/CHAIRMA	—	—
MARTY BETAGOLE	DIRECTOR	—	—
RICHARD BETAGOLE	DIRECTOR	—	—
JOHN BETAGOLE	DIRECTOR	—	—
W PATRICK STULL	SECRETARY/TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Betagole Family Foundation Inc fund?

How do I apply for a grant from Betagole Family Foundation Inc?

The foundation is an active grantmaker with a broad portfolio of recipients. In 2024, the foundation made 91 grants totaling approximately $205,683 in documented grants, with additional giving bringing total distributions to $265,044. Recent notable grants include: • Jewish Federation of Cincinnati: $116,750 (General Support) • Ronald McDonald House Charities of Greater Cincinnati: $20,000 (General Support) • United Way of Greater Cincinnati: $20,000 (General Support) • Halom House: $5,000 (Gen…

Where does Betagole Family Foundation Inc make grants?

The foundation primarily funds organizations in the Cincinnati, Ohio area and the greater Cincinnati region.

What size grants does Betagole Family Foundation Inc award?

In 2024, Betagole Family Foundation Inc awarded 89 grants totaling $261K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Betagole Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Betagole Family Foundation Inc reported a distributable amount of $303K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Betagole Family Foundation Inc's EIN?

Betagole Family Foundation Inc's EIN (Employer Identification Number) is 47-5625163. IRS Form 990 filing data is available on this page for 2020–2024.