BDL Foundation

Private foundation · Grantmaker Paradise Valley, AZ EIN: 86-6333206

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

Pinedora Farms: $155KPinedora Farms$155KPhoenix Cancer Support Network: $25KPhoenix Cancer Support Network$25KAask: $15KAask$15KHunkapi Programs Inc: $10KHunkapi Programs Inc$10KShriners Hospital for Children: $10KShriners Hospital for Children$10KFeeding Matters: $5KFeeding Matters$5KBarrow Neurological Foundation: $5KBarrow Neurological Foundation$5KValleywise Health Foundation: $5KValleywise Health Foundation$5KThe Gavel Project: $5KThe Gavel Project$5K

The largest 2024 recipient was Pinedora Farms ($155K). Together the top 9 received $235K.

Grant Size Distribution

54 grants across all recorded years

49<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 54 (91%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

PhoenixScottsdaleTampaPinedaleParadise ValleyGilbertMesaNew YorkTucson

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

$0$100K$200K$300K6 grants2020 14 grants2021 12 grants2022 13 grants2023 9 grants2024

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

RecipientPurposeAmount
Pinedora Farms Pinedale, AZHealth & Education$154,679
Phoenix Cancer Support Network Scottsdale, AZHealth and Community$25,000
Aask Phoenix, AZDonation$15,000
Hunkapi Programs Inc Scottsdale, AZHealth and Education$10,000
Shriners Hospital for Children Tampa, FLCharitable/Health$10,000
Feeding Matters Scottsdale, AZDonation$5,000
Barrow Neurological Foundation Phoenix, AZHealth and Education$5,000
Valleywise Health Foundation Phoenix, AZCharitable/Health$5,000
The Gavel Project Phoenix, AZCommunity Improvement$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$5,079,672$484,782$248,178$234,6799$234,679$112,692$247,621
2023$4,843,068$481,761$231,763$221,95113$221,951$109,671$234,974
2022$4,593,070$402,127$215,952$208,68612$208,686$22,771$221,856
2021$4,406,895$374,255$208,579$201,00014$201,000—$208,897
2020$4,241,219$381,974$196,111$185,2066——$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

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from BDL Foundation'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.

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