BD Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.3M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.3M
+6.2% YoY
Annual Giving
$1.4M
-2.3% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$230K
-34.9% YoY
About BD Foundation Inc
Based on IRS filings
BD Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.3M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.2M.
Focus Areas
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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 | $32,269,133 | $30,389,011 | $28,486,517 |
| Revenue | $1,766,904 | $980,508 | $516,059 |
| Expenses | $1,467,301 | $703,900 | $518,448 |
| Qualifying Distributions | $1,424,930 | $1,486,302 | $1,551,665 |
| Net Investment Income | $1,237,833 | $938,423 | $545,916 |
| Distributable Amount | $1,547,741 | $1,418,376 | $1,474,824 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
40 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 |
|---|---|---|---|
| TOM POLEN | TRUSTEE, PRESIDENT | 0.5 | — |
| Roland Goette | TRUSTEE | 0.1 | — |
| Christopher DelOrefice | TRUSTEE | 0.1 | — |
| Shana Neal | TRUSTEE, VP & SECY | 0.5 | — |
| Elizabeth Woody | TRUSTEE | 0.1 | — |
| Antoinette Segreto | TRUSTEE, TREASURER | 0.5 | — |
| MICHELLE QUINN | TRUSTEE | 0.1 | — |
| WILLIAM SIGMUND | TRUSTEE | 0.1 | — |
| Ami Simunovich | TRUSTEE | 0.1 | — |
| Scott Mantone | TRUSTEE | 0.1 | — |
| SIEN AVALOS | Secretary | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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