Public Charity

WBD INC

WBD INC, of MADISON, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $10.4M in revenue, $9.7M in expenses, $23.0M in total assets. IRS filings disclose 43 grants awarded by this foundation, totaling roughly $1.9M.

EIN: 391400466 MADISON, WI Latest filing: 2025
Total Revenue$10.4M
Total Expenses$9.7M
Total Assets$23.0M
Grants Given43
Grant Total$1.9M
Filing Years2021–2025

Mission

WBD IS A BUSINESS FINANCE RESOURCE THAT PROVIDES THE KNOWLEDGE, SERVICES AND ACCESS TO CAPITAL NEEDED TO CREATE JOBS, GROW BUSINESSES AND BUILD COMMUNITIES.

Sample Grants Given

MILWAUKEE, WI · 2024
SUPPORT VETERPRENEUR PROJECT WHICH EQUIPS VETERAN ENTREPRENEURS WITH THE TOOLS, TRAINING AND SUPPORT TO LAUNCH, SUSTAIN AND SCALE THEIR BUSINESSES.
$150,000
KIMBERLY, WI · 2024
ENHANCE PROGRAMMING, BROADEN STATEWIDE PRESENCE, AND STRENGTHEN ITS NETWORK. CONTINUE SERVING AS A CONVENER OF STATEWIDE BEST PRACTICES, INNOVATION AND COLLABORATION IN ECONCOMIC DEVELOPMENT.
$100,000
MILWAUKEE, WI · 2024
CONTINUED GROWTH OF KIVA IN SC WI COUNTIES. TRAIN MICROENTERPRISES, COMMUNITY OUTREACH AND KIVA LOANS. FORGAVE LOANS ISSUED TO SUPPORT LOAN LOSS RESERVE
$64,760
SHAKOPEE, MN · 2024
HELP IMPLEMENT A WORKFORCE SCHOLARSHIP PROGRAM IN SCOTT COUNTY MN
$50,000
EAU CLAIRE, WI · 2024
SUPPORT STATEWIDE CAPITAL ACCESS CLINIC TO SUSTAIN AND EXPAND THE IMPACT OF CAC BY SERVING A MINIMUM OF 500 BUSINESS CLIENTS EACH YEAR OVER THREE YEARS. SUPPORTS STUDENT WAGES AND STAFF WHO MENTOR AND GUIDE THEM.
$50,000

Showing up to 5 of 43 total records — full history available with membership.

Officers & Directors

SECRETARY Barbara Lamue
DIRECTOR Charlie Bauman
DIRECTOR Craig Aderhold
DIRECTOR Dan Batten
PRESIDENT & CORPORATE EXECUTIVE OFFICER Dan Schneider
DIRECTOR Dave Provancher

Officer compensation and complete director data available with membership.

Top Grant Purposes

LOAN CAPITAL TO SMALL BUSINESS THAT CREATE AND RETAIN JOBS IN RURAL COUNTIES OF WI AND MN
$200,000 2 grants
ECONOMIC DEVELOPMENT
$180,000 4 grants
SUPPORT VETERPRENEUR PROJECT WHICH EQUIPS VETERAN ENTREPRENEURS WITH THE TOOLS, TRAINING AND SUPPORT TO LAUNCH, SUSTAIN AND SCALE THEIR BUSINESSES.
$150,000 1 grant
SUPPORT CRA NETWORK
$150,000 1 grant
ENHANCE PROGRAMMING, BROADEN STATEWIDE PRESENCE, AND STRENGTHEN ITS NETWORK. CONTINUE SERVING AS A CONVENER OF STATEWIDE BEST PRACTICES, INNOVATION AND COLLABORATION IN ECONCOMIC DEVELOPMENT.
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $10.4M $9.7M $23.0M
2024 $9.9M $8.7M $20.7M
2023 $9.1M $8.2M $16.8M
2022 $9.4M $8.3M $14.9M
2021 $8.8M $7.3M $14.4M

Between 2021 and 2025, reported annual revenue grew from $8.8M to $10.4M (+19%), with total assets most recently reported at $23.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN, WI.

MNWI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for WBD INC

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