BDL Foundation
BDL Foundation is a private foundation, based in Paradise Valley, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 9 grants totaling $235K. Net investment income was $113K.
BDL Foundation at a glance
In short: BDL Foundation gave $235K across 9 grants in 2024 (avg $26K), mostly in Arizona. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $234,679
- +5.7% vs 2023
- Grants made (2024)
- 9
- -30.8% vs 2023
- Average grant
- $26,075
- +52.7% vs 2023
- Median grant
- $10,000
- Total assets
- $5,079,672
- +4.9% vs 2023
- Primary geography
- Arizona (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who BDL Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Pinedora Farms ($155K). Together the top 9 received $235K.
Grant Size Distribution
54 grants across all recorded years
The most common grant size was under $50K: 49 grants of 54 (91%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How BDL Foundation gives
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2024, annual grant giving ranged from $185K (2020) to $235K (2024). In 2024 it made 9 grants totaling $235K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pinedora Farms Pinedale, AZ | Health & Education | $154,679 |
| Phoenix Cancer Support Network Scottsdale, AZ | Health and Community | $25,000 |
| Aask Phoenix, AZ | Donation | $15,000 |
| Hunkapi Programs Inc Scottsdale, AZ | Health and Education | $10,000 |
| Shriners Hospital for Children Tampa, FL | Charitable/Health | $10,000 |
| Feeding Matters Scottsdale, AZ | Donation | $5,000 |
| Barrow Neurological Foundation Phoenix, AZ | Health and Education | $5,000 |
| Valleywise Health Foundation Phoenix, AZ | Charitable/Health | $5,000 |
| The Gavel Project Phoenix, AZ | Community Improvement | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,079,672 | $484,782 | $248,178 | $234,679 | 9 | $234,679 | $112,692 | $247,621 |
| 2023 | $4,843,068 | $481,761 | $231,763 | $221,951 | 13 | $221,951 | $109,671 | $234,974 |
| 2022 | $4,593,070 | $402,127 | $215,952 | $208,686 | 12 | $208,686 | $22,771 | $221,856 |
| 2021 | $4,406,895 | $374,255 | $208,579 | $201,000 | 14 | $201,000 | — | $208,897 |
| 2020 | $4,241,219 | $381,974 | $196,111 | $185,206 | 6 | — | — | $200,589 |
Under IRS private-foundation payout rules, BDL Foundation reported a distributable amount of $248K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
BDL Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sherry L. Lund
Trustee
On filings since 2020
No compensation reported
Sabrina L. Lovejoy
Trustee
On filings since 2023
No compensation reported
Former officers (1)
- Former: Rachel Schemitsch (2020–2022) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 BDL Foundation
How much does BDL Foundation give each year?
BDL Foundation gave $235K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $222K across 13 grants.
What is BDL Foundation's typical grant size?
BDL Foundation's median grant in 2024 was $10,000, and its average grant was $26,075, across 9 grants on its 2024 IRS Form 990-PF.
Where does BDL Foundation give grants?
BDL Foundation gives mostly in Arizona: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Phoenix, AZ (4 grants) and Scottsdale, AZ (3 grants).
Does BDL Foundation give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on BDL Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are BDL Foundation's largest grantees?
BDL Foundation's largest 2024 grantees include Pinedora Farms ($154,679), Phoenix Cancer Support Network ($25,000) and Aask ($15,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.
How large is BDL Foundation?
BDL Foundation reported $5.1M in total assets on its 2024 IRS Form 990-PF. It paid out $235K in qualifying distributions that year, against a required minimum of $248K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is BDL Foundation's EIN?
BDL Foundation's EIN (Employer Identification Number) is 86-6333206. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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