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Nonprofit · EIN 39-1915677

B & D FOUNDATION INC

Tax-exempt · MADISON, WI 53713

Financials

$57K$129K2023$111K$187K2024$128K$143K2025
Revenue Expenses · by fiscal year end
Financials of B & D FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$127,572$143,289-$15,717$693,376$0$693,376
December 31, 2024990-PF$110,733$186,852-$76,119$709,093$0$709,093
December 31, 2023990-PF$56,622$128,652-$72,030$785,212$0$785,212
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$29,150
Interest
$5,696
Net gain from sales of assets
$92,726

Expenses

Grants and similar amounts paid
$126,378
Disbursements for charitable purposes
$127,275
Excise tax on investment income
$1,551

Balance sheet and other

Total assets, start of year
$709,093
Total assets, end of year
$693,376
Total liabilities, end of year
$0
Net assets, end of year
$693,376
Fair market value of assets
$1,466,086
Qualifying distributions
$127,275
Net investment income
$127,572

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RANDAL CARL
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
PRESIDENT1$0
DAVID CARL
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
VICE PRESIDE1$0
MARY MANN
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
SECRETARY1$0
MATTHEW SUBY
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
TREASURER1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
RANDAL CARL
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
PRESIDENT1$0
DAVID CARL
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
VICE PRESIDE1$0
MARY MANN
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
SECRETARY1$0
JOHN F SUBY
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
TREASURER1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RANDAL CARL
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
PRESIDENT1$0
DAVID CARL
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
VICE PRESIDE1$0
MARY MANN
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
SECRETARY1$0
JOHN F SUBY
2901 WEST BELTLINE HWY, SUITE 201, MADISON, WI 53713
TREASURER1$0

Address and contacts

Address (IRS master file)
2901 W BELTLINE HWY STE 201, MADISON, WI 53713-4228
Signed the 990-PF
MATTHEW SUBY, TREASURER
Phone
(608) 273-3100
Return prepared by
JOHN F SUBY AND ASSOCIATES SC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
39-1915677
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$693,376
Income (IRS master file)
$287,329

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$127,572$143,289$693,376IRS
990-PFDecember 2024$110,733$186,852$709,093IRS
990-PFDecember 2023$56,622$128,652$785,212XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1915677).

Questions about B & D FOUNDATION INC

What is the EIN of B & D FOUNDATION INC?
The employer identification number (EIN) of B & D FOUNDATION INC is 39-1915677.
Is B & D FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to B & D FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does B & D FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of B & D FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did B & D FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of B & D FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does B & D FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $127,572, expenses of $143,289 and total assets of $693,376 at year end.

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