B & D Foundation Inc
B & D Foundation Inc is a private foundation based in Madison, Wisconsin. Its 2025 filing reports 23 grants totaling $126,378, all to recipients in Wisconsin; the foundation states that it contributes only to preselected charitable organizations.
B & D Foundation Inc at a glance
In short: B & D Foundation Inc gave $126K across 23 grants in 2025 (avg $5K), mostly in Wisconsin. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $126,378
- -25.6% vs 2024
- Grants made (2025)
- 23
- +0.0% vs 2024
- Average grant
- $5,495
- -25.6% vs 2024
- Median grant
- $1,500
- Total assets
- $693,376
- -2.2% vs 2024
- New grantees (estimate)
- 5% first-time grantees (1 of 20, 2025; small sample)
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to B & D Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 2901 W Beltline Hwy Ste 201, Madison, WI 53713
Phone: (608) 273-3100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who B & D Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was St Paul Lutheran Church and School ($50K). Together the top 10 received $113K.
Grant Size Distribution
111 grants across all recorded years
The most common grant size was under $50K: 106 grants of 111 (95%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Wisconsin. Listed recipients include organizations in Manawa, Rosholt, Ashwaubenon, and New London.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
States
Cities
Is B & D Foundation Inc open to new grantees?
5%
first-time grantees, 2025
In 2025, 1 of 20 grantees (5%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $1K; repeat grants $7K. How we count
Medians: $1K first-time, $2K repeat.
- 90% of 2025 grantees were also funded in 2024. Method
- Giving grew 22% from 2022 to 2025. Method
- In 2025 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $102K (2019) to $170K (2024). In 2025 it made 23 grants totaling $126K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul Lutheran Church and School Manawa, WI | General Operations | $50,000 |
| Manawa Revitalization Committee Manawa, WI | General Operations | $15,000 |
| Little Wolf High School Manawa, WI | Education | $10,000 |
| Lions Pride Endowment Fund of WI Rosholt, WI | General Operations | $8,500 |
| Little Wolf High School Manawa, WI | Education | $6,000 |
| Sturm Humanitarian Foundation Ashwaubenon, WI | General Operations | $6,000 |
| Manawa Community Living Center Manawa, WI | General Operations | $5,000 |
| Manawa Area Food Pantry Manawa, WI | General Operations | $3,000 |
| St Paul Lutheran School Manawa, WI | General Operations | $3,000 |
| St Paul Lutheran School Manawa, WI | General Operations | $3,000 |
Ready to take the next step with B & D Foundation Inc?
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 | $693,376 | $127,572 | $143,289 | $126,378 | 23 | $127,275 | $111,558 | $67,922 |
| 2024 | $709,093 | $110,733 | $186,852 | $169,775 | 23 | $169,775 | $93,524 | $68,964 |
| 2023 | $785,212 | $56,622 | $128,652 | $111,130 | 22 | $111,130 | $41,544 | $65,490 |
| 2022 | $857,242 | $180,964 | $120,825 | $103,805 | 22 | $103,805 | $163,944 | $69,658 |
| 2021 | $797,103 | $67,649 | $129,045 | $105,158 | 21 | $105,158 | $43,762 | $81,585 |
| 2020 | $858,499 | $213,228 | $144,573 | $128,500 | 23 | — | $197,155 | $67,288 |
| 2019 | $789,844 | $70,997 | $117,113 | $101,500 | 21 | — | $7,818 | $69,482 |
Under IRS private-foundation payout rules, B & D Foundation Inc reported a distributable amount of $68K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its reported grants include support for a church and school, schools, community organizations, and foundations. One recipient, Wisconsin Lions Foundation Inc, describes its mission as providing recreational activities to disabled people in Wisconsin and promoting sight and hearing programs; the foundation gave it $1,800 in 2025.
Grantmaking
In filing year 2025, the foundation reported 23 grants totaling $126,378. Grants ranged from $720 to $50,000, with a median grant of $1,500. Notable awards included $50,000 to an individual recipient Lutheran Church and School for general operations, $15,000 to Manawa Revitalization Committee for general operations, and two grants to an individual recipient High School totaling $16,000 for education. Other listed grants included $8,500 to Lions Pride Endowment Fund of WI and $6,000 to Sturm Humanitarian Foundation, both for general operations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Randal Carl as president, David Carl as vice president, Mary Mann as secretary, and Matthew Suby as treasurer.
B & D Foundation Inc is led by Randal Carl, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Randal Carl
President
On filings since 2019
1 hr/week
No compensation reported
David Carl
Vice President
On filings since 2019
1 hr/week
No compensation reported
Mary Mann
Secretary
On filings since 2019
1 hr/week
No compensation reported
Matthew Suby
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: John F. Suby (2019–2024) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "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 B & D Foundation Inc
How much does B & D Foundation Inc give each year?
B & D Foundation Inc gave $126K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $170K across 23 grants.
What is B & D Foundation Inc's typical grant size?
B & D Foundation Inc's median grant in 2025 was $1,500, and its average grant was $5,495, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from B & D Foundation Inc that year got $1K on average.
Where does B & D Foundation Inc give grants?
B & D Foundation Inc gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Manawa, WI (15 grants), Rosholt, WI (2 grants) and New London, WI (2 grants).
Does B & D Foundation Inc give general operating support?
Yes: 91% of B & D Foundation Inc's 2025 grants with a stated purpose (21 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are B & D Foundation Inc's largest grantees?
B & D Foundation Inc's largest 2025 grantees include St Paul Lutheran Church and School ($50,000), Little Wolf High School ($16,000 across 2 grants) and Manawa Revitalization Committee ($15,000), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.
How large is B & D Foundation Inc?
B & D Foundation Inc reported $693K in total assets on its 2025 IRS Form 990-PF. It paid out $127K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets).
What does B & D Foundation Inc fund?
No mission statement for the foundation is provided. Its reported grants include support for a church and school, schools, community organizations, and foundations. See mission & focus areas ↑
How do I apply for a grant from B & D Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is B & D Foundation Inc's EIN?
B & D Foundation Inc's EIN (Employer Identification Number) is 39-1915677. IRS Form 990 filing data is available on this page for 2019–2025.
Does B & D Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 29, 2025)
- Added Form 990-PF for fiscal year 2020 (received by the IRS June 29, 2021)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work B & D Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in B & D Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Iowa Savings Bank Charitable Foundation
Carroll, IA
Assets
$2K
Grants
46
Total Given
$29K
Francis R & Ruth E Oberreich Foundation Corporation
Markesan, WI
The foundation funds public charities rooted in Christian beliefs and ideals, with support for churches, children, families, education, recreation, and community programs, primarily in Wisconsin. In 2024, grants ranged from $50 to $30,000, with a median of $1,425. Public charities may submit a letter of request, and the website recommends using its grant application form.
Assets
$3.0M
Grants
34
Total Given
$109K
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
J Brian Walter and Karen M Walter Foundation
Dallas, TX
The foundation supports charitable organizations, including Catholic, educational, social-service, cultural, and community causes, with nearly all reported 2025 grant funding going to Texas. Its 17 grants totaled $98,200, ranging from $200 to $30,000, with a median grant of $2,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.8M
Grants
17
Total Given
$98K
The Schroth Family Foundation Inc
Tequesta, FL
The Schroth Family Foundation supports charities serving children with medical needs, people with disabilities, and Catholic education and religious organizations. In 2024, grants ranged from $1,000 to $750,000, with a median of $25,000; funding went mainly to organizations in Florida, New Jersey, and New York. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$29.0M
Grants
11
Total Given
$1.3M
Thomas Garrott Foundation
Orlando, FL
The Thomas Garrott Foundation supports charitable organizations working in areas including counseling, children and families, education, ministry, and the arts; its 2025 grants ranged from $100 to $125,000, with a median of $2,250. Most funding went to Tennessee, followed by Florida. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$15.7M
Grants
60
Total Given
$895K
More similar funders
More Funders in Wisconsin
Cite this profile
Grantable. (2026). B & D Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/b-and-d-foundation-inc-morg_1540501f72354c2ab848a7944b1b9aec
BibTeX
@misc{grantable_391915677_2026,
author = {{Grantable}},
title = {{B \& D Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/b-and-d-foundation-inc-morg_1540501f72354c2ab848a7944b1b9aec},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from B & D Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
B & D Foundation Inc down — hundreds of funders to go?