The Budd Family Foundation is a private foundation based in Dallas, Texas. The foundation focuses its philanthropic efforts on education, human services, and philanthropy/voluntarism/grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+13.9% YoY
Annual Giving
$1.4M
+74.3% YoY
Grant Count
21
-16.0% YoY
Avg Grant Size
$66K
+107.5% YoY
Under IRS private-foundation payout rules, Budd Family Foundation reported a distributable amount of $844K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
The foundation made a $50,000 grant to The Incarnation Foundation in Dallas for education-related programs in 2023.
Average Grant
amount data available from IRS filings
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Texas
- New Mexico
- Colorado
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent IRS 990 Filing (2024):
- Total Assets: $8,302,100
- Total Giving: $1,385,453
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,302,100 | $7,287,921 | $5,844,572 |
| Revenue | $6,759,596 | $4,726,037 | $2,195,493 |
| Expenses | $1,438,536 | $831,595 | $697,473 |
| Qualifying Distributions | $1,385,453 | $794,950 | $665,100 |
| Net Investment Income | $1,687,866 | $842,013 | $587,905 |
| Distributable Amount | $844,213 | $600,056 | $541,816 |
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
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Incarnation Place Inc ($508,000), Church of the Incarnation ($209,500), Public Justice Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RIVERS WASHINGTON, DC | RIVER PRESERVATION | $80,000 |
| AMERICAN WHITEWATER CULLOWHEE, NC | RIVER CONSERVATION | $5,000 |
| CENTRAL DALLAS CHURCH DALLAS, TX | COMMUNITY OUTREACH | $8,000 |
| CHURCH OF THE INCARNATION DALLAS, TX | HOUSING FOR LOW-INCOME | $209,500 |
| COMMUNITY AGAINST VIOLENCE AUSTIN, TX | ASSIST VICTIMS OF DOMESTIC VIOLENCE | $5,000 |
| CRESTED BUTTE AVALANCHE CENTER CRESTED BUTTE, CO | EDUCATION | $7,500 |
| CRESTED BUTTE MOUNTAIN BIKE ASSOCIATION CRESTED BUTTE, CO | LAND PRESERVATION | $81,253 |
| DREAMTREE PROJECT TAOS, NM | COMMUNITY OUTREACH | $7,500 |
| FOOD BANK OF THE ROCKIES DENVER, CO | FOOD AND NECESSITIES FOR PEOPLE IN NEED | $70,000 |
| FRIENDS OF KATY TRAIL DALLAS, TX | NATURE PRESERVATION | $45,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL W BUDD | CHAIRMAN | — | — |
| DOROTHY R BUDD | PRESIDENT | — | — |
| CHARLIE MCBRIDE | SEC/TREAS | — | — |
Recent News & Activity
Recent developments and announcements
In 2014, the foundation made a $2.5 million gift to Southern Methodist University to improve K-12 education in low-income communities.
SMU announces $2.5 million gift from Russell and Dorothy Budd<br />to improveSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Budd Family Foundation fund?
The foundation's primary funding areas include: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking
How do I apply for a grant from Budd Family Foundation?
**Grant Amounts:** • Typical awards range from $2,000 to $508,000 • Average grant amount data available from IRS filings **Recent Activity:** The foundation made a $50,000 grant to The Incarnation Foundation in Dallas for education-related programs in 2023.
Where does Budd Family Foundation make grants?
The foundation primarily funds organizations in: • Texas • New Mexico • Colorado
What size grants does Budd Family Foundation award?
In 2024, Budd Family Foundation awarded 21 grants totaling $1.4M — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is Budd Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Budd Family Foundation reported a distributable amount of $844K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Budd Family Foundation's EIN?
Budd Family Foundation's EIN (Employer Identification Number) is 26-3836252. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Budd Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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