The Budres Foundation
The Budres Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $504K in total assets. In 2024, it awarded 2 grants totaling $23K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$504K
-4.1% YoY
Annual Giving
$23K
-8.0% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$12K
+38.0% YoY
About The Budres Foundation
Based on IRS filings
The Budres Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $504K in total assets. In 2024, it awarded 2 grants totaling $23K. Net investment income was $17K.
Ready to take the next step with The Budres Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $504,078 | $525,835 | $556,968 |
| Revenue | $22,276 | $12,945 | $19,006 |
| Expenses | $43,897 | $43,954 | $77,094 |
| Qualifying Distributions | $38,625 | $39,137 | $69,655 |
| Net Investment Income | $17,004 | $8,128 | $12,296 |
| Distributable Amount | $28,768 | $27,262 | $31,853 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANE LYNN BUDRES | PRESIDENT | — | — |
| MICHAEL J TAYLOR | VICE PRESIDE | — | — |
| LORI J BAKER | TREASURER | — | — |
| RAJ A MALVIYA | SECRETARY | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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