NonprofitsBright Funds Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Bright Funds Foundation

SAN JOSE, CA

Total revenue

$25.6M

Total expenses

$22.3M

Net assets

$5.8M

Grants received

$113.6M

45 grants

EIN

462109112

Tax year

2024

Mission

Bright funds foundation exists to empower people to be meaningful, effective, and engaged philanthropists.

Financials

FY 2024

Revenue

Contributions & grants$25.5M
Program service revenue
Investment income$111K
Other revenue$27K
Total revenue$25.6M

Expenses

Grants paid$21.3M
Salaries & benefits
Fundraising
Other expenses$960K
Total expenses$22.3M
Total assets$10.8M
Net assets$5.8M

People

3 listed

NameRoleCompensation

SRINAGESH VITTHALANA

President

Board

3 hrs/wk

ANDREW FLACHNER

SECRETARY

Board

3 hrs/wk

CLIFF GOLDSTEIN

TREASURER

Board

3 hrs/wk

Grants received

Showing 45 of 45

FromAmountPurposeYear
$112K
Employee Matching Grant
2024
$34K
GENERAL PURPOSES
2024
$27K
GENERAL NONPROFIT SUPPORT
2024
$7K
Public, Societal Benefit
2024
$150
To accomplish the organization's objectives
2024
$47.9M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$80K
Employee Matching Grant
2023
$66K
GENERAL SUPPORT
2023
$38K
Employee Matching Gifts Program
2023
$20K
TO SUPPORT THE GRANTEE'S MISSION IN PROVIDING COMMUNICAITONS SUPPORT.
2023
$1K
HELP FAMILIES WHOSE HOMES WERE DAMAGED BY STORM
2023
$250
To accomplish the organization's objectives
2023
$112
Employee Matching Gifts Program
2023
$24.6M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$12.0M
Matching Employee Gifts
2022
$189K
General Nonprofit Support
2022
$85K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2022
$36K
For grant recipient's exempt purposes
2022
$26K
GENERAL PURPOSES
2022
$16K
To support the grantee's mission in providing communicaitons support.
2022
$3K
General & Unrestricted
2022
$350
CHARITABLE DONATION
2022
$12.0M
For recipient's exempt purpose
2021
$90K
HUMANITARIAN SUPPORT
2021
$72K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2021
$62K
For grant recipient's exempt purposes
2021
$62K
For grant recipient's exempt purposes
2021
$16K
PUBLIC, SOCIETAL BENEFIT
2021
$8K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2021
$6K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2021
$2K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2021
$525
To supportcharitablegiving
2021
$236
FOR UNRESTRICTED USE.
2021
$14.6M
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$1.3M
GENERAL SUPPORT FOR VARIOUS DESIGNATED CHARITIES
2020
$142K
General Nonprofit Support
2020
$65K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2020
$34K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2020
$25K
PUBLIC, SOCIETAL BENEFIT
2020
$17K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2020
$10K
EMPOWER PEOPLE TO BE MEANINGFUL,EFFECTIVE AND ENGAGED PHILANTROPISTS
2020
$3K
General & Unrestricted
2020
$2K
TO SUPPORT GENERAL OPERATIONS
2020

Funded by

$113.6M from 24 funders · 45 grants · 2020–2024

Vanguard Charitable Endowment Program

$99.0M · 4 grants · 2020–2023

Cisco Systems Foundation

$12.0M · 1 grant · 2022

Intuitive Foundation

$1.3M · 1 grant · 2020

Silicon Valley Community Foundation

$332K · 2 grants · 2020–2022

Sunpower Foundation

$298K · 9 grants · 2020–2022

Williams-Sonoma Inc Foundation

$192K · 2 grants · 2023–2024

Fidelity Investments Charitable Gift Fund

$160K · 3 grants · 2021–2022

Marin Community Foundation

$90K · 1 grant · 2021

Details

EIN462109112
NTEE codeT12
Subsection03
Ruling date2014-09
Formed2013
Employees0
Volunteers0
BRIGHT FUNDS FOUNDATION — Mission, Financials & Grants Received | Grantivo