Funder DirectoryTHE BRIGHT FOUNDATION
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Private foundation (trust)EIN 472581945Est. 2016-05

THE BRIGHT FOUNDATION

MINNEAPOLIS, MN 55402

Total Assets

$6.9M

FY 2023

Annual Giving

$377K

FY 2023

Grants Made

1

FY 2023

Avg Grant

$377K

FY 2023

Grant Range

$377K–$377K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$3.3M

Total Expenses

$461K

Qualifying Distributions

$427K

Distributable Amount

$269K

Min. Investment Return

$315K

Undistributed Income

$263K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $377K in 2023. Hover bars for details.

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

Top Recipients

9 grants

THE MCDONOUGH INSTITUTE
$527K
2 grants
CITY TO SEA VIA NATIONAL PHILANTHROPIC TRUST
$155K
1 grant
LAUGHING AT MY NIGHTMARE
$112K
2 grants
UNIVERSITY OF ST THOMAS
$33K
2 grants
SQUIRMY AND GRUBS
$27K
1 grant
OUTFRONT MINNESOTA COMMUNITY SERVICES
$20K
1 grant

Grant Size Distribution

9 grants

<$10K
2
grants
$10–50K
3
grants
$50–250K
3
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

3 states

Virginia
$527K
60% of total
Pennsylvania
$267K
31% of total
Minnesota
$80K
9% of total

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THE BRIGHT FOUNDATION — Grants, Financials & Contact | Grantivo