EIN 81-3815673

Bridges Impact Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Year formed
2016
Most recent tax filings
2022-12-01
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
$1,189,557
2022
Total expenses
$763,709
2022
Total assets
$773,665
2022
Num. employees
5
2022

Program areas at Bridges Impact Foundation

In 2022, the Bridges Impact Foundation continued to sponsor two programs: Impact frontiers; and the mba Impact investment network and training (the turner miint).in 2022, Impact frontiers offered its cohort-based Impact management program to investors in canada, china, europe, japan, the united kingdom, and the united states. It also initiated new consensus-building projects in areas of practice where standards and guidance do not yet exist, such as investor contribution and Impact performance reporting. Impact frontiers also launched a new website featuring content inherited from the Impact management project, as well as discussion boards for community involvement. 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 2023, the program returned to in-person competition at wharton. The program culminated its 12th 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$199,000
The 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
...and 1 more grant received

Personnel at Bridges Impact Foundation

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

Financials for Bridges Impact Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$530,044
Program services$659,513
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$0
Total revenues$1,189,557

Form 990s for Bridges Impact Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-02990View PDF
2020-122021-11-08990View PDF
2019-122021-04-14990View PDF
2019-122021-03-02990View PDF
...and 3 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 organizationsCharities
Issues
Education
Characteristics
Tax deductible 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/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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