The Bright Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Bright Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 47-2581945
Foundation Overview
Based in Minneapolis, MN, The Bright Foundation has awarded 20 grants totaling $1,603,937 to organizations in Pennsylvania, Minnesota and 2 other states across the US. Individual grants range from $3,000 to $377,000, with a median award of $28,468.5.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 total grant. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
50% of grants are awarded in Minnesota, with additional funding distributed across 3 other locations. The foundation balances regional focus with broader geographic diversity. Within Minnesota, funding concentrates in Minneapolis (50%), St Paul (40%), Hopkins (10%).
Funding Trajectory
Strong 529% growth in annual giving over 6 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on education (40%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Bright Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| The Mcdonough Institute | $377,000 | Charlottesvile, VA, US | General Support | 2023 |
| University Of St Thomas | $3,000 | St Paul, MN, US | General Support | 2022 |
| Squirmy And Grubs | $27,000 | Minneapolis, MN, US | General Support | 2022 |
| The Mcdonough Institute | $150,000 | Charlottesvile, VA, US | General Support | 2022 |
| City To Sea Via National Philanthropic Trust | $155,000 | Jenkintown, PA, US | General Support | 2022 |
| University Of St Thomas | $3,000 | St Paul, MN, US | General Support | 2022 |
| Squirmy And Grubs | $27,000 | Minneapolis, MN, US | General Support | 2022 |
| The Mcdonough Institute | $150,000 | Charlottesvile, VA, US | General Support | 2022 |
| City To Sea Via National Philanthropic Trust | $155,000 | Jenkintown, PA, US | General Support | 2022 |
| University Of St Thomas | $3,000 | St Paul, MN, US | General Support | 2022 |
| Squirmy And Grubs | $27,000 | Minneapolis, MN, US | General Support | 2022 |
| The Mcdonough Institute | $150,000 | Charlottesvile, VA, US | General Support | 2022 |
| City To Sea Via National Philanthropic Trust | $155,000 | Jenkintown, PA, US | General Support | 2022 |
| Laughing At My Nightmare | $102,000 | Bethlehem, PA, US | General Support | 2021 |
| University Of St Thomas | $30,000 | St Paul, MN, US | General Support | 2021 |
| Laughing At My Nightmare | $10,000 | Bethlehem, PA, US | General Support | 2020 |
| Outfront Minnesota Community Services | $20,000 | Minneapolis, MN, US | To Support An Educational Day For High School Students | 2018 |
| The Blake School | $29,937 | Hopkins, MN, US | To Support The School. | 2017 |
| Outfront Minnesota Community Services | $20,000 | Minneapolis, MN, US | To Support An Educational Day For High School Students | 2017 |
| Federation Of American Societies For Experimental Biology (faseb) | $10,000 | Bethesda, MD, US | To Support The Promoting Of Progress And Education In Biological/biomedical Sciences | 2017 |
Foundations Similar to The Bright Foundation
Discover 5 foundations with comparable assets ($6,543,108-$7,049,624), similar grant patterns, and geographic focus in MN that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Schott Foundation
EIN: 41-1392014 | 63 grants awarded |
$6,804,089
(≈ Similar) |
$48,000
median grant |
Chanhassen, MN
Same state |
|
|
The Pedrero Family Foundation
EIN: 26-0304971 | 72 grants awarded |
$7,000,844
(≈ Similar) |
$50,000
median grant |
Minneapolis, MN
Same state |
|
|
Charles & Andriene Johnson
EIN: 41-1736857 | 68 grants awarded |
$7,038,424
(≈ Similar) |
$20,000
median grant |
Savage, MN
Same state |
|
|
The Wasie Foundation
EIN: 41-0911636 | 168 grants awarded |
$7,049,624
(≈ Similar) |
$20,082
median grant |
Wayzata, MN
Same state |
|
|
Louis Foundation
EIN: 41-1859474 | 69 grants awarded |
$6,543,108
(≈ Similar) |
$25,000
median grant |
Minneapolis, MN
Same state |
|
Related Foundation Resources in MN:
Contact Information
Official contact details for The Bright Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 47-2581945 |
| Website | N/A |
| Address | 1350 LAGOON AVE 830 Minneapolis, MN 55408-0000 |
Key People (2)
Board members, trustees, and key staff who oversee The Bright Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Vice President/secretary | Alex Matusevich |
|---|---|
| President/treasurer | Jason Bright |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for The Bright Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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