Shepard Broad Foundation Inc

Wilmington, DE
Tax-exempt since July 1957
EIN: 59-0998866

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.48M (2024)

Expenses

$1.34M (2024)

Total Assets

$24M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,478,457

Expenses

$1,342,227

Net Income

$136,230

Net Assets

$23,951,141

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,788	0.3%
Dividends	$913,493	61.8%
Sales of Assets	$559,314	37.8%
Other Income	$1,862	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,199,298	89.4%
Compensation of Officers*	$5,000	0.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,951,141
Total Liabilities	$0
Net Assets	$23,951,141

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$2,500	$0
Daniel J Bussel (Dir, Sec)	$2,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$1,242,889

Expenses

$1,353,613

Net Income

-$110,724

Net Assets

$23,814,911

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,379	0.1%
Dividends	$789,806	63.5%
Sales of Assets	$451,704	36.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,235,274	91.3%
Compensation of Officers*	$5,000	0.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,814,911
Total Liabilities	$0
Net Assets	$23,814,911

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$2,500	$0
Daniel J Bussel (Dir, Sec)	$2,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on April 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$1,513,960

Expenses

$1,431,921

Net Income

$82,039

Net Assets

$23,925,635

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$630	0.0%
Dividends	$697,967	46.1%
Sales of Assets	$814,272	53.8%
Other Income	$1,091	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,296,228	90.5%
Compensation of Officers*	$15,000	1.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,925,635
Total Liabilities	$0
Net Assets	$23,925,635

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$7,500	$0
Daniel J Bussel (Dir, Sec)	$7,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on May 11, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$3,866,332

Expenses

$1,284,499

Net Income

$2,581,833

Net Assets

$23,843,596

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	34.8%
Interest Revenue	$1,712	0.0%
Dividends	$635,412	16.4%
Sales of Assets	$1,884,304	48.7%
Other Income	$333	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,109,665	86.4%
Compensation of Officers*	$15,000	1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,843,596
Total Liabilities	$0
Net Assets	$23,843,596

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$7,500	$0
Daniel J Bussel (Dir, Sec)	$7,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on Nov. 4, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$2,860,201

Expenses

$1,339,945

Net Income

$1,520,256

Net Assets

$21,261,762

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	47.0%
Interest Revenue	$8,254	0.3%
Dividends	$523,459	18.3%
Sales of Assets	$983,330	34.4%
Other Income	$587	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,200,761	89.6%
Compensation of Officers*	$15,000	1.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$21,261,763
Total Liabilities	$1
Net Assets	$21,261,762

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$7,500	$0
Daniel J Bussel (Dir, Sec)	$7,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on Oct. 26, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$2,083,443

Expenses

$971,000

Net Income

$1,112,443

Net Assets

$19,741,506

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	64.5%
Interest Revenue	$41,247	2.0%
Dividends	$451,185	21.7%
Sales of Assets	$242,189	11.6%
Other Income	$4,251	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$841,604	86.7%
Compensation of Officers*	$15,000	1.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,741,507
Total Liabilities	$1
Net Assets	$19,741,506

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$7,500	$0
Daniel J Bussel (Dir, Sec)	$7,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$2,188,112

Expenses

$976,909

Net Income

$1,211,203

Net Assets

$18,629,064

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,771	61.5%
Interest Revenue	$25,262	1.2%
Dividends	$410,068	18.7%
Sales of Assets	$407,784	18.6%
Other Income	$227	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$822,292	84.2%
Compensation of Officers*	$15,000	1.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$18,629,064
Total Liabilities	$0
Net Assets	$18,629,064

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir / Treas)	$7,500	$0
Daniel J Bussel (Dir / Sec)	$7,500	$0
Ann B Bussel (Dir / Chairperson)	$0	$0
Deborah Bussel (Pres / Dir)	$0	$0
John M Bussel (Vp / Dir)	$0	$0

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990-PF

Filed on Sept. 5, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$3,947,779

Expenses

$1,499,646

Net Income

$2,448,133

Net Assets

$17,417,861

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,671	34.1%
Interest Revenue	$3,744	0.1%
Dividends	$430,915	10.9%
Sales of Assets	$2,167,893	54.9%
Other Income	$556	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,391,188	92.8%
Compensation of Officers*	$15,000	1.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$17,417,861
Total Liabilities	$0
Net Assets	$17,417,861

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir, Treas)	$7,500	$0
Daniel J Bussel (Dir, Sec)	$7,500	$0
Ann B Bussel (Dir, Chairperson)	$0	$0
Deborah Bussel (Dir, Pres)	$0	$0
John M Bussel (Dir, Vp)	$0	$0

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990-PF

Filed on Sept. 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$2,164,635

Expenses

$1,486,475

Net Income

$678,160

Net Assets

$14,969,728

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,454,942	67.2%
Interest Revenue	$780	0.0%
Dividends	$409,489	18.9%
Sales of Assets	$299,312	13.8%
Other Income	$112	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,382,500	93.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,969,728
Total Liabilities	$0
Net Assets	$14,969,728

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir / Treas)	$0	$0
Morris Broad (Dir / Chairman)	$0	$0
Ann B Bussel (Chairperson / Vp* / Dir)	$0	$0
Daniel J Bussel (Dir / Sec)	$0	$0
Deborah Bussel (Pres / Dir / Sec* / Treas*)	$0	$0
John M Bussel (Pres* / Vp / Dir)	$0	$0

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990-PF

Filed on Nov. 3, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$2,118,713

Expenses

$1,559,761

Net Income

$558,952

Net Assets

$14,291,568

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	63.5%
Interest Revenue	$697	0.0%
Dividends	$375,552	17.7%
Sales of Assets	$397,143	18.7%
Other Income	$750	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,458,177	93.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,291,568
Total Liabilities	$0
Net Assets	$14,291,568

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir)	$0	$0
Morris Broad (Dir / Chairman)	$0	$0
Ann B Bussel (Vp / Dir)	$0	$0
Daniel J Bussel (Dir)	$0	$0
Deborah Bussel (Dir / Sec / Treas)	$0	$0
John M Bussel (Pres / Dir)	$0	$0

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990-PF

Filed on Sept. 1, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$2,136,311

Expenses

$1,564,144

Net Income

$572,167

Net Assets

$13,732,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	62.9%
Interest Revenue	$2,116	0.1%
Dividends	$385,156	18.0%
Sales of Assets	$402,968	18.9%
Other Income	$1,500	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,463,869	93.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,732,616
Total Liabilities	$0
Net Assets	$13,732,616

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir)	$0	$0
Morris Broad (Dir / Chairman)	$0	$0
Ann B Bussel (Vp / Dir)	$0	$0
Daniel J Bussel (Dir)	$0	$0
Deborah Bussel (Dir / Sec / Treas)	$0	$0
John M Bussel (Pres / Dir)	$0	$0

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990-PF

Filed on July 29, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$2,350,992

Expenses

$1,645,866

Net Income

$705,126

Net Assets

$13,160,449

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,555,691	66.2%
Interest Revenue	$1,029	0.0%
Dividends	$339,793	14.5%
Sales of Assets	$452,979	19.3%
Other Income	$1,500	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,559,900	94.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,160,449
Total Liabilities	$0
Net Assets	$13,160,449

Compensation

Key Employees and Officers	Compensation	Other
Karen Berman (Dir)	$0	$0
Morris Broad (Dir / Chairman)	$0	$0
Ann B Bussel (Vp / Dir)	$0	$0
Daniel J Bussel (Dir)	$0	$0
Deborah Bussel (Dir / Sec / Treas)	$0	$0
John M Bussel (Pres / Dir)	$0	$0

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990-PF

Filed on Nov. 10, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$1,804,075

Expenses

$1,466,862

Net Income

$337,213

Net Assets

$12,455,321

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	74.5%
Interest Revenue	$206	0.0%
Dividends	$340,311	18.9%
Sales of Assets	$115,987	6.4%
Other Income	$3,000	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,390,898	94.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,455,322
Total Liabilities	$1
Net Assets	$12,455,321

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,810,052

Expenses

$1,407,567

Net Income

$402,485

Net Assets

$12,118,108

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,344,571	74.3%
Interest Revenue	$231	0.0%
Dividends	$307,209	17.0%
Sales of Assets	$157,844	8.7%
Other Income	$197	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,339,917	95.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,118,109
Total Liabilities	$1
Net Assets	$12,118,108

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Shepard Broad Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.48M (2024)

Expenses $1.34M (2024)

Total Assets $24M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$1.48M (2024)

Expenses

$1.34M (2024)

Total Assets

$24M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001