EIN 81-3815673

Bridges Impact Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Year formed
2016
Most recent tax filings
2023-12-01
Description
The Bridges Impact Foundation fosters and supports the development of impact investing, social entrepreneurship, and other innovative funding mechanisms to effect social change. It creates and facilitates educational forums, trainings, workshops, and programs. In 2021, the foundation sponsored two programs - Impact Frontiers and the MBA Impact Investment Network and Training (the Turner MIINT). Impact Frontiers offered its Impact Management program to more than 80 asset managers.
Total revenues
$846,097
2023
Total expenses
$914,040
2023
Total assets
$688,795
2023
Num. employees
6
2023

Program areas at Bridges Impact Foundation

In 2023, the Bridges Impact Foundation continued to sponsor two programs: Impact frontiers; and the mba Impact investment network and training (the turner miint).in 2023, Impact frontiers offered its cohort-based Impact management program to investors in canada, europe, japan, the united kingdom, and the united states. It published guidance on systems mapping for Impact management and continued a multi-year initiative to facilitate consensus among investors on norms for Impact performance reporting. Finally, it initiated new consensus-building projects in areas of practice where standards and guidance do not yet exist, such as Impact management for social equity.the turner mba Impact investing network and training (the miint) is the world's largest and most effective multi-university course on Impact investing, operated in partnership with the university of Pennsylvania's wharton school of business. In 2024, the program culminated its 13th year with 40 top business and policy programs from around the world.

Who funds Bridges Impact Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New Venture FundCapacity Building$250,000
Rockefeller FoundationIn Support of Building Market-Wide Consensus in Impact Performance Reporting Verification Methodology To Ensure Impact Considerations Are Uniformly Integrated in Investment Structuring Ensuring Measurable Positive Change in Communities$100,000
The Ford FoundationFor Impact Frontiers To Develop and Deliver An Impact Measurement and Management Course To Enhance Impact Investors Capacity in China$76,000

Personnel at Bridges Impact Foundation

NameTitleCompensation
Michael McCrelessExecutive Director$165,000
Michele GiddensSecretary$0
Brian TrelstadPresident$0
Peter BernardBoard Member$0
Brian WalshTreasurer$0

Financials for Bridges Impact Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$455,000
Program services$379,885
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,212
Total revenues$846,097

Form 990s for Bridges Impact Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-13990View PDF
2021-122022-11-02990View PDF
2020-122021-11-08990View PDF
2019-122021-04-14990View PDF
...and 4 more Form 990s

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Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 16, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Received grants
Identified 2 new grant, including a grant for $199,000 from New Venture Fund
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $76,000 from The Ford Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCorporate foundationsCharities
Issues
Education
Characteristics
Tax deductible donationsAccepts online donations
General information
Address
125 High St 220
Boston, MA 02110
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
bridgesfundmanagement.com/about-us/bridges-impact-foundation/ 
Phone
(212) 380-5509
IRS details
EIN
81-3815673
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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