Form 990 for tax year 2025

Totals

Total revenue

$512,953

Total expenses

$251,285

Contributions and grants received

$47,270

Grants paid

$1,900

Program service revenue

$0

Investment income

$369

Other revenue

$465,314

Total assets, end of year

$252,404

Total liabilities, end of year

$993

Net assets or fund balances, end of year

$251,411

Program services expenses (Part IX)

$131,856

Management and general expenses

$59,202

Fundraising expenses

$60,227

Program service expenses (Part III)

$131,856

Program services were 52.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2025

• FORM 990 - SUPPLEMENTAL INFORMATION (REFLECTING FY2024 ACCOMPLISHMENTS AND FY2025 DIRECTION) AMERICA IS AT A DEFINING MOMENT. GLOBAL COMPETITION, WORKFORCE DISRUPTION, COMMUNITY NEEDS, AND ECONOMIC UNCERTAINTY DEMAND LEADERS AND ORGANIZATIONS CAPABLE OF SUSTAINED EXCELLENCE, RESILIENCE, AND RESULTS. IN FY2024, THE BALDRIGE FOUNDATION ADVANCED ITS MISSION WITH URGENCY AND CLARITY, PROMOTING PERFORMANCE EXCELLENCE, STRENGTHENING THE BALDRIGE ECOSYSTEM, EXPANDING ACCESS TO LEADERSHIP AND ORGANIZATIONAL DEVELOPMENT RESOURCES, AND LAYING THE GROUNDWORK FOR THE NEXT ERA OF THE MALCOLM BALDRIGE NATIONAL QUALITY AWARD PROGRAM. OUR OBJECTIVE IS SIMPLE AND ESSENTIAL: TO HELP BUILD STRONGER ORGANIZATIONS, STRONGER COMMUNITIES, AND A STRONGER NATION. I. MISSION AND PUBLIC BENEFIT THE BALDRIGE FOUNDATION'S MISSION IS TO SUPPORT THE MALCOLM BALDRIGE NATIONAL QUALITY AWARD PROGRAM AND TO ADVANCE ORGANIZATIONAL PERFORMANCE EXCELLENCE IN THE UNITED STATES AND AROUND THE WORLD. IN FY2024, THE FOUNDATION, THROUGH ITS INSTITUTE FOR PERFORMANCE EXCELLENCE, FULFILLED THIS MISSION BY EXPANDING NATIONAL ACCESS TO BALDRIGE-BASED TOOLS, RESEARCH, EDUCATION, COLLABORATION, AND LEADERSHIP DEVELOPMENT OPPORTUNITIES THAT BENEFIT THE PUBLIC THROUGH: -IMPROVED ORGANIZATIONAL PERFORMANCE AND ACCOUNTABILITY -HEALTHIER COMMUNITIES AND CROSS-SECTOR COLLABORATION -BETTER OUTCOMES IN EDUCATION, HEALTHCARE, BUSINESS, NONPROFIT, AND GOVERNMENT SECTORS -A MORE RESILIENT AND COMPETITIVE WORKFORCE AND ECONOMY THE PUBLIC BENEFITS WHEN ORGANIZATIONS ARE WELL-LED, WELL-MANAGED, AND COMMITTED TO CONTINUOUS IMPROVEMENT. BY PROMOTING EXCELLENCE THROUGH THE BALDRIGE FRAMEWORK, THE FOUNDATION HELPS STRENGTHEN THE SYSTEMS THAT SUPPORT AMERICAN COMPETITIVENESS, CITIZEN WELL-BEING, AND LONG-TERM ECONOMIC STRENGTH. THE BALDRIGE FRAMEWORK REMAINS THE NATION'S MOST RECOGNIZED AND PROVEN MODEL FOR LEADERSHIP, STRATEGY, INNOVATION, OPERATIONS, AND RESULTS. II. NATIONAL ALIGNMENT AND THE BALDRIGE TRANSITION THROUGHOUT FY2024, THE FOUNDATION CONTINUED WORKING IN CLOSE COLLABORATION WITH THE U.S. DEPARTMENT OF COMMERCE AND THE NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST) FOLLOWING THEIR MULTI-YEAR "REIMAGINATION" INITIATIVE. WHILE THE OPERATIONAL TRANSITION OF CERTAIN BALDRIGE PROGRAM FUNCTIONS IS ANTICIPATED IN FY2025, THE FOUNDATION DID NOT ASSUME THOSE RESPONSIBILITIES IN FY2024. INSTEAD, ITS ROLE FOCUSED ON: -SUPPORTING COMMUNICATION, CONTINUITY, AND OUTREACH -PARTICIPATING IN PLANNING AND COORDINATION CONVERSATIONS WITH STAKEHOLDERS -ENGAGING LEADERS THROUGHOUT THE BALDRIGE COMMUNITY -PREPARING THE ECOSYSTEM FOR A SMOOTH FY2025 TRANSITION THE FOUNDATION'S FY2024 EMPHASIS WAS PREPARATORY, COLLABORATIVE, AND STRATEGIC - HELPING LAY ESSENTIAL GROUNDWORK FOR THE BALDRIGE ENTERPRISE TO GROW ITS REACH, MODERNIZE ITS DELIVERY SYSTEMS, AND SCALE NATIONAL ENGAGEMENT IN FY2025 AND BEYOND. III. FY2024 PROGRAM ACCOMPLISHMENTS AND MISSION ADVANCEMENT 1. INSTITUTE FOR PERFORMANCE EXCELLENCE THE BALDRIGE FOUNDATION INSTITUTE FOR PERFORMANCE EXCELLENCE EXPANDED ITS ROLE AS A NATIONAL RESOURCE HUB FOR LEADERSHIP DEVELOPMENT, EXECUTIVE EDUCATION, ORGANIZATIONAL TRAINING, BENCHMARKING, AND RESEARCH. IN FY2024, THE INSTITUTE: -DELIVERED ONLINE COURSES, CERTIFICATION PROGRAMS, BEST-PRACTICE TOOLS, WEBINARS, AND PROFESSIONAL DEVELOPMENT -EXPANDED ACCESS TO SELF-PACED LEARNING AND BALDRIGE-ALIGNED LEADERSHIP CONTENT -BUILT MOMENTUM TOWARD MEMBERSHIP-BASED LEARNING COMMUNITIES -CONTINUED WORK TOWARD FUTURE BENCHMARKING, ASSESSMENT, AND ORGANIZATIONAL LEARNING SUPPORTS THESE ACTIVITIES STRENGTHENED THE FOUNDATION'S PUBLIC BENEFIT BY HELPING LEADERS AND ORGANIZATIONS APPLY PROVEN SYSTEMS TO IMPROVE STRATEGY EXECUTION, WORKFORCE ENGAGEMENT, CUSTOMER VALUE, OPERATIONAL PERFORMANCE, AND RESULTS. 2. NATIONAL LEADERSHIP AND ADVISORY COUNCILS (NLAC) IN FY2024, THE FOUNDATION ADVANCED PLANNING FOR NATIONAL LEADERSHIP AND ADVISORY COUNCILS, A NATIONWIDE SYSTEM OF SECTOR-BASED LEADERSHIP NETWORKS DESIGNED TO FOSTER PEER LEARNING, SHARED IMPROVEMENT, AND CROSS-SECTOR COLLABORATION. FY2024 ACTIVITIES FOCUSED ON: -STRUCTURE, CURRICULUM, AND ENGAGEMENT DESIGN -EXECUTIVE CHAIR DEVELOPMENT AND ONBOARDING FRAMEWORK -NATIONAL SCALING AND SECTOR SEQUENCING FOR FY2025 AND BEYOND 3. QUEST FOR EXCELLENCE - SUPPORT ROLE THE FOUNDATION SUPPORTED NIST AND BALDRIGE PROGRAM STAKEHOLDERS IN FY2024 BY ASSISTING IN COMMUNICATION, ENGAGEMENT, AND CONTINUITY CONNECTED TO THE QUEST FOR EXCELLENCE CONFERENCE. THE FOUNDATION DID NOT HOLD OPERATIONAL RESPONSIBILITY FOR QUEST IN FY2024; HOWEVER, WE HAVE LAID THE GROUNDWORK FOR FY2025 IN ANTICIPATION OF TAKING OVER THIS PROGRAM. 4. COMMUNITY AS THE 7TH SECTOR THE FOUNDATION CHAMPIONED THE NEWLY RECOGNIZED COMMUNITY SECTOR OF THE BALDRIGE AWARD, EXPANDING BALDRIGE IMPACT TO COMMUNITY COALITIONS FOCUSED ON CROSS-SECTOR RESULTS IN ECONOMIC VITALITY, HEALTH, WORKFORCE, AND QUALITY OF LIFE. 5. ADVOCACY AND GOVERNMENT ENGAGEMENT THE FOUNDATION CONTINUED SUSTAINED OUTREACH TO CONGRESS, PARTICULARLY THE COMMERCE, JUSTICE, SCIENCE (CJS) APPROPRIATIONS SUBCOMMITTEES, TO COMMUNICATE THE NATIONAL VALUE OF BALDRIGE AND REINFORCE BIPARTISAN SUPPORT. THE FOUNDATION ALSO CONTINUED ITS LONGSTANDING PRACTICE OF RECOGNIZING STATE-LEVEL AWARD RECIPIENTS AND CORRESPONDING WITH CONGRESSIONAL DELEGATIONS TO RAISE AWARENESS OF EXCELLENCE WITHIN THEIR STATES. 6. PHILANTHROPY AND THE MAC BALDRIGE SOCIETY FY2024 PHILANTHROPY INCLUDED SUPPORT FROM INDIVIDUAL DONORS, CORPORATE PARTNERS, INSTITUTE MEMBERS, AND MAC BALDRIGE SOCIETY CONTRIBUTORS. THESE INVESTMENTS HELP SUSTAIN EDUCATIONAL PROGRAMMING, ADVOCACY, LEADERSHIP DEVELOPMENT, AND PUBLIC-BENEFIT INITIATIVES ALIGNED WITH THE BALDRIGE MISSION. IV. THANKING OUR COMMUNITY WE EXTEND OUR DEEPEST APPRECIATION TO THE MANY PEOPLE AND ORGANIZATIONS THAT MAKE OUR MISSION POSSIBLE, INCLUDING OUR VOLUNTEERS, STRATEGIC PARTNERS, DONORS, INSTITUTE MEMBERS, MAC BALDRIGE SOCIETY SUPPORTERS, STATE-LEVEL COLLABORATORS, AND COMMUNITY CHAMPIONS ACROSS THE BALDRIGE ECOSYSTEM. YOUR BELIEF IN THIS WORK, AND IN US, STRENGTHENS OUR RESOLVE, EXPANDS OUR IMPACT, AND ENCOURAGES OUR TEAM EVERY DAY. WE ARE GRATEFUL FOR YOUR TRUST, GENEROSITY, AND PARTNERSHIP. TOGETHER, WE ARE BUILDING SOMETHING THAT MATTERS, FOR OUR COMMUNITIES, OUR WORKFORCE, AND OUR COUNTRY. V. STEWARDSHIP, ACCOUNTABILITY, AND RESPONSIBLE LEADERSHIP IN FY2024, THE FOUNDATION CONTINUED ITS COMMITMENT TO ETHICAL STEWARDSHIP, FINANCIAL ACCOUNTABILITY, DONOR TRANSPARENCY, AND MISSION-ALIGNED INVESTMENT. RESOURCES WERE CAREFULLY DIRECTED TOWARD PROGRAMS AND INITIATIVES SUCH AS THE INSTITUTE FOR PERFORMANCE EXCELLENCE, WHICH INCREASE PUBLIC BENEFIT, EXPAND ACCESS, AND ADVANCE EXCELLENCE ACROSS ALL SECTORS OF THE U.S. ECONOMY. VI. LOOKING AHEAD - A NATIONAL MOVEMENT FOR EXCELLENCE AS WE MOVE INTO FY2025, THE FOUNDATION REMAINS COMMITTED TO SUPPORTING A SMOOTH TRANSITION OF CERTAIN PROGRAM FUNCTIONS, EXPANDING ACCESS TO BALDRIGE-BASED EDUCATION AND TOOLS, AND STRENGTHENING THE SYSTEMS THAT SUPPORT AMERICA'S COMPETITIVENESS AND COMMUNITY RESILIENCE. OUR FOCUS REMAINS ON: -STRENGTHENING ORGANIZATIONS -DEVELOPING LEADERS AND THE WORKFORCE -ELEVATING COMMUNITY WELL-BEING -IMPROVING NATIONAL COMPETITIVENESS AND RESILIENCE EXCELLENCE MUST NOT BE THE EXCEPTION; IT MUST BE THE EXPECTATION. THE BALDRIGE FOUNDATION WILL CONTINUE ADVANCING A NATIONAL MOVEMENT THAT HELPS ORGANIZATIONS, COMMUNITIES, AND THE NATION THRIVE.

  Expenses $131,856 · Grants $1,900

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

• JOSH RACETTE

  PRESIDENT &

  Total calculated

  $69,545

  From this org

  $69,545

  From related orgs

  $0

  Other

  $0

  Hours/week

  40

• GEORGE BENSON

  PAST CHAIR

  Total calculated

  $0

  Hours/week

  3

• DIANE BROCKMEIER

  VICE CHAIRMA

  Total calculated

  $0

  Hours/week

  3

• KATHRYN EGGLESTON

  CHAIRMAN

  Total calculated

  $0

  Hours/week

  3

• FRANK FUSCO

  TREASURER

  Total calculated

  $0

  Hours/week

  3

• KEVIN LEE

  SECRETARY

  Total calculated

  $0

  Hours/week

  3

• S PADMANABHAN

  DIRECTOR

  Total calculated

  $0

  Hours/week

  3

• JOHN RAFFOUL

  DIRECTOR

  Total calculated

  $0

  Hours/week

  3

• TONY SCOTT

  DIRECTOR

  Total calculated

  $0

  Hours/week

  3

• DAVID SPONG

  DIRECTOR

  Total calculated

  $0

  Hours/week

  3

• RULON STACEY

  DIRECTOR

  Total calculated

  $0

  Hours/week

  3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2025

Filed

2 March 2026

IRS schema version

2025v4.0

Source object

202630839349300223

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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