WBD IS A BUSINESS FINANCE RESOURCE THAT PROVIDES THE KNOWLEDGE, SERVICES AND ACCESS TO CAPITAL NEEDED TO CREATE JOBS, GROW BUSINESSES AND BUILD COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.7M
+23.5% YoY
Annual Giving
$243K
Grant Count
6
Avg Grant Size
$41K
About Wbd Inc
Based on IRS filings
Wbd Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MADISON, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $20.7M in total assets. In 2024, it awarded 6 grants totaling $243K. Net investment income was $744K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,723,212 | $16,784,755 | $14,868,892 |
| Revenue | $9,918,745 | $9,133,880 | $9,399,155 |
| Expenses | $8,688,638 | $8,213,295 | $8,330,067 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $743,793 | $411,506 | $57,547 |
| Distributable Amount | — | — | — |
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
20 grants across all recorded years
Open Grants
1 open opportunity from Wbd Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include For-m Foundation Inc ($50,000), Duluth Area Chamber Foundation ($50,000), Hmong American Partnership ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW NORTH INC GREEN BAY, WI | SPONSORSHIP OF REGIONAL BUSINESS PITCH CONTESTS | $18,000 |
| FOR-M FOUNDATION INC MILWAUKEE, WI | SUPPORTING A NUMBER OF AI PROGRAMS DESIGNED TO HELP BUSINESSES BEGIN TO PLAN AND TAKE ADVANTAGE OF AI IN MANUFACTURING | $50,000 |
| DULUTH AREA CHAMBER FOUNDATION DULUTH, MN | SUPPORT OF THE WORKFORCE FUND THAT PROVIDES ASSISTANCE IN REMOVING BARRIERS TO EMPLOYMENT | $50,000 |
| HMONG AMERICAN PARTNERSHIP SAINT PAUL, MN | SUPPORTING THE BUILD OUT OF A NEW INTAKE STYTEM TO BETTER CONNECT CLIENTS WITH A FULL ARRAY OF SERVICES AT HAP | $50,000 |
| MIDDLETON CHAMBER OF COMMERCE FOUNDATION INC MIDDLETON, WI | SUPPORTING THE BUILDING OF AN INTERFACE WITH MISSION WORKFORCE ALLIANCE TO AID CHAMBERS ACROSS WI IN CONNECTING WITH VETS LEAVING ACTIVE SERVICE | $50,000 |
| WI SMALL BUSINESS DEVELOPMENT CENTER AT UW MADISON MADISON, WI | SUPPORTING THE BUSINESS ACCOUNTING AND PROJECTION CLINIC'S LAUNCH OF A NEW BEGINNERS GUIDE TO FINANCIAL PROJECTIONS SELF GUIDED CLASS | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAN SCHNEIDER | CORPORATE EXECUTIVE OFFICER | 40 | $376,559 |
| PATRICK SCHLOSS | CHAIR | 1 | $3,550 |
| DAVID BORCHARDT | VICE CHAIR | 1 | $2,250 |
| BARBARA LAMUE | SECRETARY | 1 | $2,800 |
| WILLIAM MITCHELL | DIRECTOR | 1 | $8,950 |
| DAVE PROVANCHER | DIRECTOR | 1 | $1,850 |
| THOMAS MEWS | DIRECTOR | 1 | $1,350 |
| STEVEN PETERSON | DIRECTOR | 1 | $3,850 |
| PAM CHRISTENSON | DIRECTOR | 1 | $1,200 |
| SHAWN WELLNITZ | DIRECTOR | 1 | — |
| CRAIG ADERHOLD | DIRECTOR | 1 | $4,250 |
| RANDAL KYLE | SENIOR VP-CHIEF OPERATING OFFICER | 40 | $96,154 |
| WENDA ROYCRAFT | SENIOR VP & CORP CREDIT OFFICER | 40 | $318,394 |
| STEPHEN KOHL | VP & LOAN OFFICER | 40 | $219,696 |
| JASON MONNETT | SENIOR VP & SENIOR LENDER | 40 | $255,654 |
| NICHOLAS DREWSEN | VP & LOAN OFFICER | 40 | $202,577 |
| LANCE WALTER | SENIOR VP MARKETING & COMMUNICATIONS | 40 | $202,659 |
| MARCIE MAHUTA | SENIOR VP OF FINANCE & ADMIN | 40 | $216,329 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wbd Inc?
Wbd Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MADISON, WI. It holds $20.7M in total assets as of 2024.
How large is Wbd Inc?
As of 2024, Wbd Inc holds $20.7M in total assets with $9.9M in annual revenue. It awarded 6 grants totaling $243K in 2024.
Where does Wbd Inc operate?
Wbd Inc has awarded grants in Minnesota, Wisconsin.
What size grants does Wbd Inc award?
In 2024, Wbd Inc awarded 6 grants totaling $243K — an average of about $41K per grant, based on its IRS Form 990 filings.
What is Wbd Inc's EIN?
Wbd Inc's EIN (Employer Identification Number) is 39-1400466. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Wbd Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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