Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
B&D FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)225 WACKER DR 2150
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL606061224
A Employer identification number

42-1652722
B Telephone number (see instructions)

(312) 621-0590
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$5,868,960J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 410,749
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,734 5,734  
4 Dividends and interest from securities... 114,646 114,646  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 59,502
b Gross sales price for all assets on line 6a 1,822,870
7 Capital gain net income (from Part IV, line 2)... 55,406
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
153,029 153,301  
12 Total. Add lines 1 through 11........ 743,660 329,087  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,507 5,754   5,753
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
47,128 47,128   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,359 2,014   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,022 10,621   255
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,016 65,517   6,008
25 Contributions, gifts, grants paid....... 112,500 252,500
26 Total expenses and disbursements. Add lines 24 and 25 190,516 65,517   258,508
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 553,144
b Net investment income (if negative, enter -0-) 263,570
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 18,463 104,211 104,211
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,241,469 Click to see attachment
List of Attached Documents:
// Content
4,883,732 		5,297,374
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 814,937 Click to see attachment
List of Attached Documents:
// Content
495,538 		467,375
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,074,869 5,483,481 5,868,960
Liabilities 17 Accounts payable and accrued expenses.......... 10,820 11,908
18 Grants payable................. 270,000 130,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 280,820 141,908
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,794,049 5,341,573
29 Total net assets or fund balances (see instructions)..... 4,794,049 5,341,573
30 Total liabilities and net assets/fund balances (see instructions). 5,074,869 5,483,481
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,794,049
2
Enter amount from Part I, line 27a .....................
2
553,144
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,347,193
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
5,620
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,341,573
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a HARRIS FAMILY REP-PF (WHIREP II) P 2023-01-01 2023-12-31
b HARRIS FAMILY REP-PF (FEE) (WHIREP III) P 2023-01-01 2023-12-31
c HARRIS FAMILY REP-PF (NO FEE) (WHIREP III) P 2023-01-01 2023-12-31
d WHI FIXED INCOME FUND III, L.P. P 2023-01-01 2023-12-31
e WHI NFP FUND, LLC P 2023-01-01 2023-12-31
WHI PRIVATE EQUITY MANAGERS FUND IV, L.P. P 2023-01-01 2023-12-31
PUBLICLY TRADED SECURITIES   2023-01-01 2023-12-31
LOSS ON DISPOSITION - WHI FIXED INCOME FUND III, L.P. P 2023-01-01 2023-12-31
GAIN ON DISPOSITION - WHI REAL ESTATE PARTNERS I-F, L.P. P 2023-01-01 2023-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       -23,602
b       3,880
c       1,940
d       -309
e       -59,851
      606
1,822,870   1,684,744 138,126
      -5,620
      236
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -23,602
b       3,880
c       1,940
d       -309
e       -59,851
      606
      138,126
      -5,620
      236
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 55,406
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 3,664
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,664
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,664
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,436
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,436
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 3,772
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow3,772 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowWILLIAM HARRIS INVESTORS INC Telephone no.right arrow (312) 621-0876

Located atright arrow225 WACKER DR 2150CHICAGOIL ZIP+4right arrow606061224
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DONNA E BARROWS PRESIDENT/DIRECTOR
1.00 		0 0 0
225 WACKER DR 2150
CHICAGO,IL606061224
SAMUEL BARROWS VICE PRESIDENT/DIRECTOR
1.00 		0 0 0
225 WACKER DR 2150
CHICAGO,IL606061224
CHARLES JACOB BARROWS VICE PRESIDENT/DIRECTOR
1.00 		0 0 0
225 WACKER DR 2150
CHICAGO,IL606061224
TED ABRAHAM BARROWS VICE PRESIDENT/DIRECTOR
1.00 		0 0 0
225 WACKER DR 2150
CHICAGO,IL606061224
LAUREN K MACDONALD TREASURER
1.00 		0 0 0
225 WACKER DR 2150
CHICAGO,IL606061224
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
4,909,682
b
Average of monthly cash balances.......................
1b
137,560
c
Fair market value of all other assets (see instructions)................
1c
557,689
d
Total (add lines 1a, b, and c).........................
1d
5,604,931
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,604,931
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
84,074
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,520,857
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
276,043
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
276,043
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,664
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,664
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
272,379
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
272,379
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
272,379
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
258,508
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
258,508
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 272,379
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 339,190
b From 2019...... 223,348
c From 2020...... 342,883
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 905,421
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 258,508
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 258,508
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 13,871 13,871
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 891,550
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		325,319
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		566,231
10 Analysis of line 9:
a Excess from 2019.... 223,348
b Excess from 2020.... 342,883
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
DONNA E BARROWS
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN JEWISH WORLD SERVICE

45 WEST 36TH STREET 10TH FLR
NEW YORK,NY100187641 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 15,000

AMERICAN JEWISH WORLD SERVICE

46 WEST 36TH STREET 10TH FLR
NEW YORK,NY100187641 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 30,000

CAMP NEBAGAMON (FKA CN FOUNDATION)

318 10TH ST SE
WASHINGTON,DC200032129 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 10,000

CHICAGO SINAI CONGREGATION

15 W DELAWARE PL
CHICAGO,IL606103306 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 10,000

CHICAGO YOUTH CENTERS

218 S WABASH AVE SUITE 510
CHICAGO,IL60604 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 25,000

FAMILY FOCUS

5467 S UNIVERSITY AVE
CHICAGO,IL606155114 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 2,500

GREATER CHICAGO FOOD DEPOSITORY

4100 W ANN LURIE PLACE
CHICAGO,IL606322692 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 1,000

JEWISH UNITED FUND OF METROPOLITAN CHICAGO

30 S WELLS ST
CHICAGO,IL606065054 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 5,000

NATIONAL PUBLIC HOUSING MUSEUM (NPHM)

625 N KINGSBURY ST
CHICAGO,IL606546997 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 5,000

NEW ISRAEL FUND

1320 19TH STREET 400
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 1,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL361044344 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 5,000

SOUTHSIDE CENTER OF HOPE (FKA ST MARTIN DE PORRES HOUSE OF HOPE)

820 SOUTH INDEPENDENCE BLVD
CHICAGO,IL606244112 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 1,000

SPERTUS INSTITUTE FOR JEWISH LEARNING AND LEADERSHIP

610 S MICHIGAN AVE
CHICAGO,IL606051901 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 100,000

SPERTUS INSTITUTE FOR JEWISH LEARNING AND LEADERSHIP

611 S MICHIGAN AVE
CHICAGO,IL606051901 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 20,000

THINK SMALL

10 YORKTON CT
SAINT PAUL,MN551171065 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 1,000

UNIVERSITY OF CHICAGO - CROWN FAMILY SCHOOL OF SOCIAL WORK POLICY AND PRAC

6054 S DREXEL AVE SUITE 300
CHICAGO,IL606372612 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 10,000

UNIVERSITY OF DENVER (DU)

2601 E COLORADO AVE
DENVER,CO802080001 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 10,000

WOMEN'S EQUITY IN ACCESS TO CARE & TREATMENT (WE-ACTX)

584 CASTRO ST PMB 416
SAN FRANCISCO,CA94114 		N/A PC GENERAL OPERATING SUPPORT/ANNUAL GIFT 1,000
Total .................................right arrow 3a 252,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 5,734  
4 Dividends and interest from securities ....     14 114,646  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 153,358  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 59,502  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBI INCOME FROM PASSTHROUGH 		901101 -329      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -329 333,240 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
332,911
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
B&D FOUNDATION
 
Employer identification number

42-1652722
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
B&D FOUNDATION
  		Employer identification number
42-1652722
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
SUMMIT CHARITABLE LEAD TRUST
 
225 WACKER DR 2150
 
CHICAGO, IL606061224

$ 410,749


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
B&D FOUNDATION
  		Employer identification number

42-1652722
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
B&D FOUNDATION
  		Employer identification number

42-1652722
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
B&D FOUNDATION
EIN:
42-1652722
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX ADVISORY FEES 11,507 5,754   5,753

TY 2023 InvestmentsCorpStockSchedule
Name:
B&D FOUNDATION
EIN:
42-1652722
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES CORE US AGGREGATE BOND FUND 221,964 214,082
CALVERT US LRG CAP CORE RESPNSBL INDX I 253,449 430,501
PARNASSUS CORE EQUITY FUND I 351,127 428,884
PARNASSUS ENDEAVOR I 138,309 193,650
DOMINI INTERNATIONAL SOCIAL EQUITY FD CL I 212,091 231,601
TRILLIUM ESG GLOBAL EQUITY FUND INSTL 415,967 478,120
UBS INTL SUSTAINABLE EQUITY FUND 329,817 337,581
GMO QUALITY FUND INSTL 80,682 106,372
VIRTUS KAR LONG/SHORT EQUITY FUND CL I 128,816 136,056
JOHN HANCOCK SEAPORT FUND CL I 203,127 206,469
DOUBLELINE TOTAL RETURN BOND FUND CL I 448,529 420,002
HARTFORD SCHRODERS EMG MKTS EQUITY FD CL I 85,024 73,210
MFS GLOBAL ALTERNATIVE STRAT I 255,485 263,401
VIVALDI MERGER ARBITRAGE FUND CL I 396,273 394,297
COLUMBIA STRATEGIC INCOME FUND CL I2 72,114 73,887
ISHARES TR BARCLAYS 7 10 YR 84,315 73,353
JOHN HANCOCK EMERGING MRKTS EQ I 77,043 58,908
RBC IMPACT BOND FUND CLASS I 572,542 574,630
ABBOTT LABS 3,881 3,963
ACADOA PHARMACEUTICALS INC. 593 658
ACCENTURE PLC 3,701 4,211
ADOBE SYSTEMS 4,112 4,773
ADT INC DEL COM 565 614
AFLAC INC 1,572 1,815
AGILENT TECHNOLOGIES 1,331 1,529
AIRBNB, INC. 1,722 1,770
ALBEMARLE CORP 888 722
ALEXANDRIA REAL ESTATE EQUITIES INC. 1,197 1,268
ALLSTATE CORP 1,027 1,260
ALPHABET, INC CL C 8,415 9,583
ALPHABET, INC CL A 10,851 12,293
AMERCO COM SER N 710 986
AMERICAN EXPRESS 2,707 2,997
AMERICAN INTL GROUP, INC 2,250 2,575
AMERICAN TOWER CORP NEW COM 2,129 2,375
AMERIPRISE FINL, INC 1,675 1,899
AMICUS THERAPEUTICS INC. 669 809
ANNALY CAPITAL MANAGEMENT INC COM NEW 969 930
ANSYS INC 557 726
AON PLC SHS CL A COM USD0.01 1,650 1,455
API GROUP CORP COM STK 870 1,003
APPLE COMPUTER, INC 38,080 38,699
APPLIED MATERIALS 2,747 3,079
APTIV PLC 1,960 1,794
ARISTA NETWORKS INC. 1,167 1,649
ARTHUR J GALLAGHER & CO 1,724 1,799
ATLASSIAN CORPORATION CL A 656 951
ATMOS ENERGY 1,738 1,739
AUTODESK INC 1,073 1,217
AUTOMATIC DATA PROCESSING 2,165 2,330
AVALONBAY COMMUNITIES INC 928 936
AVANGRID INC. 2,505 2,301
BALL CORP 908 920
BANK OF NEW YORK MELLON CORPORATION 1,914 2,186
BARNES GROUP INC. 920 1,305
BC LATINOAMERICANO COM EX SA BLADEX CLASS E COM NPV 5,506 6,037
BEAM THERAPEUTICS INC COM 649 735
BECTON DICKINSON 1,794 1,707
BEST BUY CO, INC 1,098 1,096
BIOGEN IDEC INC. 1,491 1,553
BLOCK, INC 1,138 1,315
BLUEPRINT MEDICINES CORP. 558 830
BOOKING HOLDINGS INC. 2,709 3,547
BOR GWARNER AUTOMOTIVE INC 1,198 1,291
BOSTON SCIENTIFC 2,160 2,312
BROADCOM INC. 6,216 7,814
BROADRIDGE FINANCIAL SOLUTION INC COM 1,008 1,235
BROWN & BROWN INC 705 711
BROWN-FORMAN CORP 1,168 1,073
BUILDERS FIRSTSOURCE INC 922 1,169
CADENCE DESIGN SYSTEMS INC 1,371 1,634
CARLYLE GROUP INC COM 1,043 1,261
CARMAX, INC 906 844
CARRIER GLOBAL CORPORATION 1,432 1,609
CATERPILLAR, INC 2,737 3,252
CBOE GLOBAL MARKETS INC 1,062 1,250
CBRE GROUP INC. 1,065 1,210
CENTENE CORP 1,029 1,113
CERIDIAN HCM HLDG INC COM 665 671
CHARLES SCHWAB CORP 1,982 2,339
CHARTER COMMUNICATIONS, INC. 1,507 1,555
CHIPOTLE MEXICAN GRILL, INC 2,060 2,287
CHURCH & DWIGHT, INC 1,257 1,229
CIGNA CORP 1,953 2,096
CINTAS CORP 1,470 1,808
CISCOSYSTEMS 4,514 4,496
CLEARWAY ENERGY INC CL A 686 819
CLOUDFLARE INC CL A COM 871 1,082
CME GROUP, INC 2,087 2,317
COGNIZANT TECHNOLOGY SOLUTIONS CORP 1,010 1,133
COINBASE GLOBAL INC COM CL A 439 1,044
COLGATE PALMOLIVE 2,203 2,312
COMERICA, INC 734 893
CONAGRA BRANDS 637 659
CONSTELLATION BRANDS INC. 1,709 1,692
CONSTELLATION ENERGY CORP COM 1,240 1,169
COPART, INC 1,824 1,960
CORNING INC 1,120 1,035
CORTEVA INC COM 2,207 1,965
COTY INC 760 807
COUPANG INC CL A 987 939
CROWN CASTLE INTERNATIONAL CORP 1,440 1,497
DARDEN RESTAURANTS 1,132 1,150
DATADOG INC CL A COM 805 971
DECKERS OUTDOOR CORP. 608 668
DEERE & CO 2,441 2,399
DENALI THERAPEUTICS INC COM 1,015 1,030
DEXCOM INC. 1,005 993
DICKS SPORTING GOODS, INC 568 735
DIGITAL REALTY TRUST INC. 1,144 1,346
DISCOVER FINANCIAL SERVICES 689 899
DISNEY (WALT) HOLDING CO 3,661 3,702
DOORDASH INC. - A 1,250 1,483
DOVER CORP 1,038 1,077
DR HORTON INC COM STK USD0.01 1,564 1,824
EBAY, INC 1,447 1,439
ECOLAB, INC 2,042 2,182
EDWARDS LIFESCIENCES CORP 1,101 1,068
ELECTRONIC ARTS INC. 800 821
ELEMENT SOLUTIONS INC. 784 879
ELEVANCE HEALTH INC 2,231 2,358
ELI LILLY 6,255 7,578
EMERSON ELECTRIC 1,549 1,655
EQUIFAX INC COM USD1.25 964 1,236
EQUINIX INC 2,338 2,416
EQUITABLE HOLDINGS INC. 854 999
ESCO TECHNOLOGIES INC 735 819
ESSENTIAL UTILITIES ORD SHS 1,017 971
ESTEE LAUDER 1,975 1,609
EVEREST RE GROUP 385 354
EVERSOURCE ENERGY 2,894 2,654
EVOLUTION PETE CORP COM 846 575
EXCELERATE ENERGY INC CL A COM 789 804
EXELON CORP. 2,471 2,226
EXPEDIA, INC 977 1,214
EXPEDITORS INTL WASH INC 1,081 1,145
FACTSET RESEARCH SYSTEMS INC 397 477
FAIR ISAAC CORP 915 1,164
FASTENAL COM STK USD0.01 1,016 1,101
FERGUSON PLC ORD GBP0.10 1,121 1,351
FIDELITY NATIONAL INFORMATION 1,371 1,502
FIFTH THIRD BANC 988 1,311
FISERV, INC 2,376 2,524
FLOOR & DECOR HOLDINGS INC. A 923 1,004
FMC CORP 914 757
FORTIVE CORPORATION 1,366 1,399
GARTNER INC 788 902
GE HEALTHCARE TECHNOLOGIES INC COMMON STOCK 769 773
GENERAL MILLS, INC 1,477 1,303
GENUINE PARTS CO COM USD1.00 1,257 1,108
GLOBAL PAYMENTS 1,049 1,270
GODADDY INC CL A 746 955
GOLAR LNG LTD 783 897
GREEN PLAINS INC 850 706
GROUP ONE AUTOMOTIVE INC. 542 609
GXO LOGISTICS INCORPORATED COMMON STOCK 871 856
HALLIBURTON CO 2,314 2,133
HARLEY DAVIDSON COM USD0.01 910 958
HCA HEALTHCARE INC COM 1,396 1,353
HEWLETT PACKARD ENTERPRISE CO. 759 781
HOME DEPOT 6,311 6,931
HORMEL FOODS CRP 797 674
HOST HOTELS & RESORTS, INC 742 837
HUBBELL INC COM 650 658
HUBSPOT INC 945 1,161
HUMANA INC 1,342 1,373
HUNTINGTON BANC 1,447 1,628
IAC INTERACTIVECORP NEW COM NEW 940 890
IBM CORP 2,731 3,271
ICON PLC ORD EUR0.06 1,009 1,132
IDEXX LABS, INC 1,050 1,110
ILLINOIS TOOL WORKS, INC 3,006 3,143
ILLUMINA INC 1,110 975
INGERSOLL RAND INC COM 1,410 1,624
INTERNATIONAL FLAVOR & FRAGRANCES INC. 1,128 1,215
INTUITIVE SURGICAL, INC 2,275 2,362
IRON MTN INC DEL COM 612 700
JABIL INC COM 751 892
JOHNSON CONTROLS INTERNATIONAL PLC COM USD1.00 1,314 1,210
KELLOGG COMPANY 762 727
KENVUE INC COM 1,216 1,356
KEURIG DR PEPPER INC COM 1,502 1,599
KEYCORP. 927 1,123
KIMBERLY CLARK 1,873 1,701
KINETIK HOLDINGS INC COM USD0.0001 CL A (POST REV SPLIT) 1,242 1,169
KLA CORP 1,527 1,744
KNIGHT-SWIFT TRANSN HLDGS INC CL A 890 922
KOSMOS ENERGY LTD COM 1,092 1,282
KRAFT HEINZ CO COM 1,538 1,627
KRYSTAL BIOTECH INC COM 691 744
LAM RESEARCH 1,922 2,350
LEAR CORP 2,119 2,118
LIVE NATION ENTERTAINMENT INC COM USD0.01 876 936
LOEWS CORP COM USD0.01 1,635 1,879
LPL FINANCIAL HOLDINGS INC. 652 683
LULULEMON ATHLETICA INC. 1,261 1,534
M &T BANK CORP COM USD0.50 1,257 1,371
MARTIN MAR MTLS 1,843 1,996
MARVELL TECHNOLOGY INC COM 1,871 1,870
MASTERCARD, INC CL A 5,417 5,971
MCCORMICK-N/V 659 684
MCDONALDS CORP 4,927 5,041
MEDTRONIC PLC SHS 2,645 2,554
MERCK & CO 5,670 5,560
METLIFE, INC 1,417 1,653
METTLER-TOLEDO 1,283 1,213
MICROCHIP TECHNOLOGY, INC 2,075 2,164
MICRON TECH 2,073 2,475
MICROSOFT 34,343 37,604
MOLSON COORS BEVERAGE CO. 828 796
MONGODB INC CL A 1,181 1,227
MOODY'S CORP 2,417 2,734
MURPHY OIL CORP COM USD1.00 2,718 2,986
NASDAQ INC COM STK 978 1,105
NETFLIX, INC 3,080 3,408
NIKE, INC CL B 3,117 3,040
NOBLE CORPORATION PLC COM USD0.0001 CL A 521 626
NORFOLK SOUTHERN 2,240 2,364
NOV INC COM 821 994
NU HOLDINGS LTD USD0.000006666666 CLASS A 1,113 1,175
NUCOR CORP 1,472 1,566
NVENT ELECTRIC PLC COM USD0.01 618 709
NVIDIA CORPORATION 14,585 16,837
OKTA, INC CL A 554 724
ON SEMICONDUCTOR CORP 1,326 1,253
ONE GAS INC COM USD0.01 947 828
ORACLE CORP 3,083 3,057
OTIS WORLDWIDE CORP COM 1,146 1,163
OVERSEAS SHIPHOLDING GROUP INC CL A NEW 691 759
PACCAR INC COM USD1.00 1,933 2,246
PALO ALTO NETWORKS, INC. 1,488 1,769
PAR PETROLEUM CORPORATION 788 873
PAYCHEX, INC 1,109 1,191
PAYPAL HOLDINGS, INC 1,625 1,535
PENSKE AUTOMOTIVE GROUP INC 658 642
PEPSICO 5,936 5,605
PINTEREST INC. 772 1,000
PNC FINANCIAL SERVICES 2,342 2,787
PPG INDS INC 1,417 1,496
PRINCIPAL FINANCIAL GROUP, INC 971 1,023
PROGRESSIVE CORP OF OHIO 2,034 2,389
PROLOGIS INC. COM 3,047 3,333
PRUDENTIAL FIN'L 2,155 2,489
PULTE HOMES, INC 1,125 1,342
QUALCOMM 3,107 3,616
QUANTA SERVICES, INC 1,187 1,295
RANGE RESOURCES CORP 1,222 1,096
RAYMOND JAMES 1,041 1,115
REGIONS FINANCIAL CORP. 1,624 1,744
RELIANCE STEEL & ALUMINUM CO 1,076 1,119
REX AMERICAN RES CORP COM 918 1,088
ROCKET PHARMACEUTICALS INC COM 455 779
ROCKWELL AUTOMATION INC. 909 931
ROPER INDS 2,057 2,181
RPM INTERNATIONAL INC 743 781
RYDER SYSTEM INC 619 690
S&P GLOBAL INC 3,884 4,405
SALESFORCE.COM 3,751 4,473
SBA COMMUNICATIONS CORP NEW CL A 706 761
SERVICENOW INC. 2,180 2,826
SIRIUS XM HLDGS INC COM 517 596
SM ENERGY CO 2,283 2,788
SNOWFLAKE INC. 1,760 1,791
SPLUNK INC. 587 609
SPOTIFY TECHNOLOGY SA 969 1,127
STANLEY BLACK & DECKER 860 883
STARWOOD PPTY TR, INC 834 841
STATE STREET CORP 1,025 1,084
STEEL DYNAMICS INC 857 945
STERIS PLC 653 660
STRYKER CORP 2,382 2,396
SYNOPSYS, INC 1,278 1,545
SYSCO CORP 2,105 2,121
T MOBILE US INC 2,801 3,207
TAKE-TWO INTERACTIVE SOFTWARE INC 890 966
TARGET CORP 2,117 2,279
TEXTAINER GROUP HOLDINGS LTD 885 886
THE HERSHEY COMPANY 1,321 1,119
THERMO FISHER SCIENTIFIC, INC. 4,632 4,777
THOR INDUSTRIES INC 1,081 1,183
TOPBUILD CORP. 983 1,123
TRACTOR SUPPLY CO 1,079 1,075
TRADEWEB MKTS INC CL A 676 727
TRANSUNION COM 832 825
TRAVELERS COMPANIES, INC 1,194 1,333
TRIMAS CORP COM NEW 852 861
TRUIST FINL CORP COM 1,745 1,994
TWILIO INC. CLASS A 721 835
TYLER TECHNOLOGIES, INC 409 418
UGI CORP 1,029 1,107
ULTA BEAUTY INC COM 916 980
UNITEDHEALTH GROUP 7,300 7,897
US FOODS HOLDING CORPORATION 1,041 1,090
V2X INC COM 815 789
VEEVA SYSTEMS INC. CLASS A 978 963
VERISIGN, INC 609 618
VERISK ANALYTICS INC. 1,139 1,194
VERIZON COMMUNICATIONS 3,657 3,808
VERTIV HOLDINGS CO COM CL A 632 817
VISA, INC 6,309 7,029
VISTEON CORP COM NEW 1,103 999
WARNER BROS DISCOVERY INC COM SER A 1,507 1,377
WATSCO INC 729 857
WEATHERFORD INTL PLC ORD SHS NEW ISIN #IE00BLNN3691 SEDOL #BLNN369 482 685
WELLTOWER INC. 1,590 1,623
WEST PHARMACEUTICAL SERVICES 1,099 1,056
WESTERN DIGITAL CORP 786 890
WESTINGHOUSE AIR BRAKE TECH CORP. 1,015 1,142
WEYERHAEUSER CO 1,162 1,217
WHIRLPOOL CORP 669 731
WILLIAMS-SONOMA INC 607 807
WILLIS TOWERS WATSON PLC 607 724
WORKDAY INC. CLASS A 1,139 1,380
XPO LOGISTICS INC COM USD0.001 727 788
XYLEM ORD SHS 898 1,029
YUM! BRANDS INC 1,201 1,176
ZIONS BANCORP 599 834
ZOETIS INC. 2,089 2,368

TY 2023 InvestmentsOtherSchedule2
Name:
B&D FOUNDATION
EIN:
42-1652722
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WHI MORULA FUND II, LP AT COST 23,947 8,895
WHI NFP FUND, LLC AT COST 363,603 392,281
WHI PRIVATE EQUITY MANAGERS FUND IV, LP AT COST 15,909 14,205
HARRIS FAMILY REP PF AT COST 92,079 51,994

TY 2023 OtherDecreasesSchedule
Name:
B&D FOUNDATION
EIN:
42-1652722
Description Amount
OTHER DECREASE 5,620


TY 2023 OtherExpensesSchedule
Name:
B&D FOUNDATION
EIN:
42-1652722
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES FROM PASSTHROUGHS 10,581 10,581   0
FILING FEES 255 0   255
NON-DEDUCTIBLE EXPENSES 1,146 0   0
BANK FEES 40 40   0


TY 2023 OtherIncomeSchedule2
Name:
B&D FOUNDATION
EIN:
42-1652722
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PASSTHROUGH 153,301 153,301 153,301
NON TAXABLE INCOME 57 0 57
UBI INCOME FROM PASSTHROUGH -329   -329


TY 2023 OtherProfessionalFeesSchedule
Name:
B&D FOUNDATION
EIN:
42-1652722
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FINANCIAL SERVICES FEES 25,500 25,500   0
INVESTMENT ADVISORY FEES 21,628 21,628   0


TY 2023 TaxesSchedule
Name:
B&D FOUNDATION
EIN:
42-1652722
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENTS 5,000 0   0
FOREIGN TAXES 2,014 2,014   0
STATE TAX PAYMENTS (FROM K-1) 345 0   0