Funder DirectoryThe Bright Foundation
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Private non-operating foundationEIN 426073848Est. 2019-03

The Bright Foundation

Des Moines, IA 50311

Total Assets

$56.5M

FY 2024

Annual Giving

$2.2M

FY 2024

Grants Made

3

FY 2024

Avg Grant

$734K

FY 2024

Grant Range

$495K–$904K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$2.5M

As a scholarship provider the mission of The Bright Foundation is to empower scholars to launch careers through the successfull access and completion of college degrees.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$3.0M

Total Expenses

$2.8M

Qualifying Distributions

$2.7M

Min. Investment Return

$2.7M

Giving Over Time

5 years

Giving over time from 2018 to 2024. Peak $2.4M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

31 grants

Iowa State University Foundation
$2.7M
3 grants
University Of Iowa Center for Advancement
$2.4M
3 grants
University Of Northern Iowa Foundation
$1.7M
3 grants
UNIVERSITY OF IOWA
$1.4M
2 grants
IOWA STATE UNIVERSITY
$1.4M
2 grants
UNIVERSITY OF NORTHERN IOWA
$725K
2 grants
Southwestern Community College
$104K
3 grants
Des Moines Area Community College
$81K
4 grants

Grant Size Distribution

31 grants

<$10K
8
grants
$10–50K
6
grants
$50–250K
2
grants
$250K–1M
15
grants
$1–5M
$5M+

Geographic Focus

1 states

Iowa
$10.7M
100% of total

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