The Otto M Budig Family Foundation
The Otto M Budig Family Foundation is a private foundation focused on Arts and culture, based in Cincinnati, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $512 in total assets. In 2025, it awarded 9 grants totaling $683K.
The Otto M Budig Family Foundation at a glance
In short: The Otto M Budig Family Foundation gave $683K across 9 grants in 2025 (avg $76K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $682,800
- +79.7% vs 2024
- Grants made (2025)
- 9
- +50.0% vs 2024
- Average grant
- $75,867
- +19.8% vs 2024
- Median grant
- $20,000
- Total assets
- $512
- +0.0% vs 2024
- Primary geography
- Ohio (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Otto M Budig Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Cincinnati Shakespeare Company ($455K). Together the top 9 received $683K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 13 grants of 21 (62%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How The Otto M Budig Family Foundation gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $312K (2023) to $683K (2025). In 2025 it made 9 grants totaling $683K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cincinnati Shakespeare Company Cincinnati, OH | Unrestriced Contribution | $455,000 |
| Cincinnati Public Radio Cincinnati, OH | Unrestricted Contribution | $82,500 |
| Carnegie Center Covington, KY | Unrestricted Contribution | $62,500 |
| Cincinnati Ballet Cincinnati, OH | Unrestricted Contribution | $50,000 |
| The Children's Theatre of Cincinnati Cincinnati, OH | Unrestricted Contribution | $20,000 |
| The Ohio Justice & Policy Center Cincinnati, OH | Unrestricted Contribution | $10,000 |
| Cincinnati Playhouse in the Park Cincinnati, OH | Unrestricted Contribution | $1,500 |
| Ensemble Theatre of Cincinnati Cincinnati, OH | Unrestricted Contribution | $1,000 |
| Natera Association Cincinnati, OH | Unrestricted Contribution | $300 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $512 | $684,800 | $684,800 | $682,800 | 9 | $683,800 | — | $25 |
| 2024 | $512 | $381,851 | $381,901 | $380,000 | 6 | $380,950 | $1 | $36 |
| 2023 | $562 | $312,700 | $312,240 | $312,240 | 6 | $312,240 | — | $22 |
| 2022 | $102 | — | — | — | — | — | — | $5 |
| 2021 | $102 | — | — | — | — | — | — | $5 |
| 2020 | $102 | — | — | — | — | — | — | $5 |
Under IRS private-foundation payout rules, The Otto M Budig Family Foundation reported a distributable amount of $25 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Otto M Budig Family Foundation is led by Otto M. Budig, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Otto M. Budig
President
On filings since 2020
1 hr/week
No compensation reported
David H. Budig
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Julie B. Held
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Sandra F. Budig
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Mark E. Budig (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Otto M Budig Family Foundation
How much does The Otto M Budig Family Foundation give each year?
The Otto M Budig Family Foundation gave $683K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $380K across 6 grants.
What is The Otto M Budig Family Foundation's typical grant size?
The Otto M Budig Family Foundation's median grant in 2025 was $20,000, and its average grant was $75,867, across 9 grants on its 2025 IRS Form 990-PF.
Where does The Otto M Budig Family Foundation give grants?
The Otto M Budig Family Foundation gives mostly in Ohio: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Kentucky (9%). The most frequent recipient cities were Cincinnati, OH (8 grants).
Does The Otto M Budig Family Foundation give general operating support?
Yes: 89% of The Otto M Budig Family Foundation's 2025 grants with a stated purpose (8 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Otto M Budig Family Foundation's largest grantees?
The Otto M Budig Family Foundation's largest 2025 grantees include Cincinnati Shakespeare Company ($455,000), Cincinnati Public Radio ($82,500) and Carnegie Center ($62,500), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.
How large is The Otto M Budig Family Foundation?
The Otto M Budig Family Foundation reported $512 in total assets on its 2025 IRS Form 990-PF. It paid out $684K in qualifying distributions that year, against a required minimum of $25 (roughly 5% of its investment assets).
What is The Otto M Budig Family Foundation?
The Otto M Budig Family Foundation is a private foundation focused on Arts and culture, based in Cincinnati, OH. It holds $512 in total assets as of 2025.
What is The Otto M Budig Family Foundation's EIN?
The Otto M Budig Family Foundation's EIN (Employer Identification Number) is 31-1411132. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 22, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Otto M Budig Family Foundation's focus areas in our free grants database
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