EIN 47-4376653

Crimsonbridge Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Crimsonbridge Foundation is an entrepreneurial philanthropic organization that builds bridges of collaboration to create transformational change. The foundation provides grants to organizations, such as the Latino Student Fund, that are working to improve opportunity and outcomes for young people. Last year, the foundation made 44 grants totaling over $2 million. The foundation is a private nonprofit located in Washington, DC.
Total revenues
$2,832,895
2023
Total expenses
$2,178,153
2023
Total assets
$15,644,162
2023
Num. employees
6
2023

Program areas at Crimsonbridge Foundation

The Crimsonbridge Foundation is an entrepreneurial philanthropic organization that builds bridges of collaboration to create transformative solutions to improve the lives of our nation's youth and families. We innovate and strategically invest in education, leadership development, environmental sustainability, and capacity building programs to help america's youth and nonprofit organizations achieve their potential. Our most common activities include supporting and/or collaborating with nonprofits and community partners to design, implement, and promote programs, conduct research and disseminate findings, provide intensive program and organization specific technical assistance, and presenting at regional and national workshops and conferences. In addition, we actively serve on external grant and other nonprofit committees and taskforces.

Grants made by Crimsonbridge Foundation

GranteeGrant descriptionAmount
Latino Student FundEducation Imperative - Hispanic Education Imperative Fund$113,000
Association of Community College TrusteesCollege Success - Kids on Campus Project$100,000
EdSourceCollege Success - National Education Coverage Initiative$100,000
...and 37 more grants made totalling $789,000

Who funds Crimsonbridge Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,000,000
National Philanthropic TrustPublic, Societal Benefit$500,000

Personnel at Crimsonbridge Foundation

NameTitleCompensation
Danielle M. ReyesPresident and Chief Executive Officer$268,986
Danielle VerbiestOperations and Grants Manager
Santiago AlurraldeIt Project Manager

Financials for Crimsonbridge Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,522,430
Investment income and dividends$309,399
Net rental income$0
Net gain from sale of non-inventory assets$-52
Gross sales of inventory$0
Miscellaneous revenues$1,118
Total revenues$2,832,895

Form 990s for Crimsonbridge Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-11990PFView PDF
2022-122023-04-11990PFView PDF
2021-122022-04-11990PFView PDF
2020-122021-04-28990PFView PDF
2019-122020-09-03990PRView PDF
...and 4 more Form 990s
Data update history
May 20, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 19, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 14, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
1050 Connecticut Ave NW 500
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
crimsonbridge.org/ 
Phone
(202) 964-4430
IRS details
EIN
47-4376653
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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