BETA

BGDG FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BGDG FOUNDATION (EIN 47-2555595)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-07
IRS object ID
202503119349102225
Schema version
2024v5.2
Note
A later return for the same period supersedes this one.
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-07T14:18:46-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN455533242PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Anderson Bradshaw PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15296 S Commerce Dr Ste 300AddressLine1Txt
CitySalt Lake CityCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84107ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472555595EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BGDG FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBGDGBusinessNameControlTxt
Phone8019305309PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12755 E Cottonwood Pkwy 450AddressLine1Txt
CitySalt Lake CityCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84121ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKenneth WoolleyPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-11-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRussell E AndersonPreparerPersonNm
PTINP00363591PTIN
Phone8012814700PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,022,210FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$205,529DividendsRevAndExpnssAmt
Dividends Net Invst Incm$205,529DividendsNetInvstIncmAmt
Dividends Adj Net Incm$205,529DividendsAdjNetIncmAmt
Gross Rents Rev And Expnss$177,456GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$177,456GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$177,456GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss-$207,084NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$3,206,459NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,234,748GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$64,681CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$22,968NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$5,881OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$3,240,413TotalRevAndExpnssAmt
Total Net Invst Incm$92,754TotalNetInvstIncmAmt
Total Adj Net Incm$51,041TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$50,068LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$50,068LegalFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$42,350OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$42,350OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$92,418TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$92,418TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$138,361ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$138,361ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$230,779TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$92,418TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$138,361TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,009,634ExcessRevenueOverExpensesAmt
Net Investment Income$336NetInvestmentIncomeAmt
Adjusted Net Income$51,041AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$68,313CashBOYAmt
Cash EOY$36,515CashEOYAmt
Cash EOYFMV$36,515CashEOYFMVAmt
Sav And Temp Cash Invst EOY$4,471,943SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,471,943SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$25,339OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$811,307OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$25,339OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$25,339OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$3,956,276CorporateStockBOYAmt
Corporate Stock EOY$2,386,890CorporateStockEOYAmt
Corporate Stock EOYFMV$2,879,546CorporateStockEOYFMVAmt
Other Investments BOY-$287,257OtherInvestmentsBOYAmt
Other Investments EOY$637,586OtherInvestmentsEOYAmt
Other Investments EOYFMV$608,867OtherInvestmentsEOYFMVAmt
Total Assets BOY$4,548,639TotalAssetsBOYAmt
Total Assets EOY$7,558,273TotalAssetsEOYAmt
Total Assets EOYFMV$8,022,210TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,548,639RetainedEarningBOYAmt
Retained Earning EOY$7,558,273RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,548,639TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,558,273TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,548,639TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,558,273TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,548,639TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,009,634ExcessRevenueOverExpensesAmt
Subtotal$7,558,273SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,558,273TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Wells Fargo ST CoveredP2024-01-012024-12-31$356,260$333,292$22,968$22,968
Wells Fargo LT CoveredP2023-01-012024-12-31$745,621$703,908$41,713$41,713
FieldValueIRS element (for citing)
Capital Gain Net Income$64,681CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$22,968NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5InvestmentIncomeExciseTaxAmt
Subtotal$5SubtotalAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Tax Due$5TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Kenneth WoolleyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8012814700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15296 S Commerce Drive Ste 300AddressLine1Txt
CitySalt Lake CityCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84107ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnYes (true)SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsYes (true)BusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKenneth WoolleyPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12755 E Cottonwood Prky 450AddressLine1Txt
CitySalt Lake CityCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84121ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,001,038AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,514,414AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$634,206FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,149,658TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,149,658AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$77,245CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,072,413NetVlNoncharitableAssetsAmt
Minimum Investment Return$253,621MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$253,621MinimumInvestmentReturnAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Total Tax$5TotalTaxAmt
Distributable Before Adj$253,616DistributableBeforeAdjAmt
Distributable Before Ded$253,616DistributableBeforeDedAmt
Distributable As Adjusted$253,616DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$138,361ExpensesAndContributionsAmt
Qualifying Distributions$138,361QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$253,616DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$6,135ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$4,005,232ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$4,011,367TotalExcessDistributionCyovAmt
Qualifying Distributions$138,361QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$138,361AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$115,255ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$115,255ExcessDistributionCyovAppCYAmt
Total Corpus$3,896,112TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$3,896,112ExcessDistriCyovToNextYrAmt
Excess From Year2$3,896,112ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKenneth WoolleyContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Leukemia Lymphoma Society
3 International Drive Suite 200Rye BrookNY10573N/AEOFCharitable Contribution$3,500
Intermountain Healthcare Foundation
36 S State StSLCUT84111N/AEOFCharitable donation$72,032
WPR Cares
36 S State St Ste 500Salt Lake CityUT84111N/AEOFCharitable Contribution$5,000
Obontu
9486 Aztec DrCedar HillsUT84062N/AEOFCharitable Contribution$6,000
Jazz Mentors Foundation
2220 E Bengal BlvdCottonwood HeightsUT84121N/AEOFCharitable Contribution$25,000
Alliance Community Services
2810 N Church St 53748WilmingtonDE19802N/AEOFCharitable Contribution$119
Schoolfundrorg
925 Payne Ave B2St PaulMN55130N/AEOFCharitable Contribution$210
Network for Good
1140 Connecticut Ave NW Ste 700WashingtonDC20036N/AEOFCharitable Contribution$3,000
Neuroworx
90 Albion Village WaySandyUT84070N/AEOFCharitable Contribution$5,000
Ovarian Cancer Research Alliance
45 Rockefeller Plaza 20th FloorNew YorkNY10111N/AEOFCharitable Contribution$5,000
Project Heal
PO Box 8423ParkvilleMD21234N/AEOFCharitable Contributions$10,000
Toys for Tots
18251 Quantico Gateway DriveTriangleVA22172N/AEOFCharitable Contribution$3,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$138,361TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$205,529ExclusionAmt

Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$207,084RelatedOrExemptFunctionIncmAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$5,881ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$8,911ExclusionAmt
Related Or Exempt Function Incm$3,197,548RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescExempt IncomeDesc

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$220,321ExclusionAmt
Related Or Exempt Function Incm$2,990,464RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,210,785TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (2 entries)

CategoryCategoryTxtLegal FeesLegalFeesAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Advisory Fees$45,801$45,801$0$0
Legal Fees$4,267$4,267$0$0

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Foreign Taxes Withheld$1,060$1,060
K-1 nondeductible expenses$11,662$11,662
Rental Expenses$29,628$29,628

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$5,881RevenueAndExpensesPerBooksAmt

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