Nonprofit · EIN 84-2157406
BG FOUNDATION
Tax-exempt · VERNON HILLS, IL 60061
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $78,466 | $77,747 | $719 | $1,022 | $0 | $1,022 |
| December 31, 2024 | 990-PF | $74,931 | $74,987 | -$56 | $303 | $0 | $303 |
| December 31, 2023 | 990-PF | $63,944 | $63,997 | -$53 | $359 | $0 | $359 |
| December 31, 2022 | 990-PF | $62,476 | $62,175 | $301 | $412 | $0 | $412 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $81,659
- Other income
- -$3,193
Expenses
- Grants and similar amounts paid
- $74,800
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $74,800
Balance sheet and other
- Total assets, start of year
- $303
- Total assets, end of year
- $1,022
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,022
- Fair market value of assets
- $1,022
- Qualifying distributions
- $74,800
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fred Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Jan Gaines 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Sally Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fred Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Jan Gaines 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Sally Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fred Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Jan Gaines 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Sally Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
990-PF for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fred Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Jan Gaines 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
| Sally Blitt 775 Corporate Woods Parkway, Vernon Hills, IL 60061 | Board of Directors | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 775 CORPORATE WOODS PKWY, VERNON HILLS, IL 60061-3112
- In care of
- % FRED BLITT
- Signed the 990-PF
- Fred Blitt, Officer
- Phone
- (847) 941-9603
- Return prepared by
- MILLER COOPER & CO LTD
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 84-2157406
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $1,022
- Income (IRS master file)
- $78,466
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $78,466 | $77,747 | $1,022 | IRS |
| 990-PF | December 2024 | $74,931 | $74,987 | $303 | XML |
| 990-PF | December 2023 | $63,944 | $63,997 | $359 | XML |
| 990-PF | December 2022 | $62,476 | $62,175 | $412 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2157406).
Questions about BG FOUNDATION
- What is the EIN of BG FOUNDATION?
- The employer identification number (EIN) of BG FOUNDATION is 84-2157406.
- Is BG FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to BG FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BG FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BG FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BG FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BG FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BG FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $78,466, expenses of $77,747 and total assets of $1,022 at year end.
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All nonprofits in VERNON HILLS · Illinois · Philanthropy, voluntarism and grantmaking foundations