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THE OTTO M BUDIG FAMILY FOUNDATION

CINCINNATI, OH 311411132

The Otto M. Budig Family Foundation, based in Cincinnati, focuses on arts and culture, and operates in Ohio and Kentucky, with a leadership team that works voluntarily.

Overview

About THE OTTO M BUDIG FAMILY FOUNDATION

The Otto M. Budig Family Foundation is a philanthropic organization based in Cincinnati, Ohio, with a focus on supporting arts and culture, performing arts, philanthropy, and nonprofits. The foundation operates primarily in Cincinnati, Ohio, and Covington, Kentucky. Despite having assets of only $562, the foundation reported expenses of $312,240 and revenue of $312,700, indicating active financial engagement in its mission areas. The foundation is led by Otto M. Budig, who serves as President, along with trustees Sandra F. Budig, David H. Budig, and Julie B. Held. None of the leadership team receives compensation for their roles, highlighting a commitment to volunteerism and philanthropy.

Focus Areas

Arts and culturePerforming artsPhilanthropyNonprofits

Geographic Focus

KYOH
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $562
Total Awarded This Year $312K
Average Grant Size $52K
Total Grants (Previous Year) 0
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
CINCINNATI, OH US
Geographic Funding Distribution

Financials

Total Assets
$562

in 2024, compared to $102 in 2023

Annual Grants
$312,240

6 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$162,500CINCINNATI SHAKESPEARE COMPANYUNRESTRICED CONTRIBUTION1195 ELM ST CINCINNATI, OH US2024
$75,000CINCINNATI BALLETUNRESTRICTED CONTRIBUTION1801 GILBERT AVE CINCINNATI, OH US2024
$30,000CINCINNATI PUBLIC RADIOUNRESTRICTED CONTRIBUTION1223 CENTRAL PARKWAY CINCINNATI, OH US2024
$25,000CLIFTON CULTURAL ARTS CENTERUNRESTRICTED CONTRIBUTIONPO BOX 20041 CINCINNATI, OH US2024
$18,740CARNEGIE CENTERUNRESTRICTED CONTRIBUTION1028 SCOTT BOULEVARD COVINGTON, KY US2024
$1,000ENSEMBLE THEATREUNRESTRICTED CONTRIBUTION1127 VINE ST CINCINNATI, OH US2024
6 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
OMB
OTTO M BUDIG
PRESIDENT$02022
SFB
SANDRA F BUDIG
TRUSTEE$02022
MEB
MARK E BUDIG
TRUSTEE$02022
DHB
DAVID H BUDIG
TRUSTEE$02022
JBH
JULIE B HELD
TRUSTEE$02022
OMB
OTTO M BUDIG
PRESIDENT$02023
SFB
SANDRA F BUDIG
TRUSTEE$02023
DHB
DAVID H BUDIG
TRUSTEE$02023
JBH
JULIE B HELD
TRUSTEE$02023
OMB
OTTO M BUDIG
PRESIDENT$02024
13 row(s) total.

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Page 1 of 2

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024