EIN 58-2004356

Brightspire Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1992
Most recent tax filings
2023-09-01
Description
The Brightspire Foundation raises funds to support affiliates the Presbyterian Homes Inc dba Brightspire and Glenaire, Inc in their vision of creating an innovative, vibrant, and diverse culture which provides security and enhances quality of life while providing housing and service to senior adults. The foundation provides financial support through grants to the Presbyterian Homes, Inc dba Brightspire and Glenaire, Inc, which operate as public charities (501(c)(3)), in order to assist the retirement communities in serving persons who financially otherwise might not be able to afford it.
Also known as...
Presbyterian Homes Foundation
Total revenues
$2,765,506
2023
Total expenses
$2,448,679
2023
Total assets
$48,060,734
2023
Num. employees
0
2023

Program areas at Brightspire Foundation

The Presbyterian Homes Foundation, Inc dba Brightspire Foundation provides financial support through grants to the Presbyterian Homes, Inc dba Brightspire and glenaire, Inc.

Grants made by Brightspire Foundation

GranteeGrant descriptionAmount
Brightspire River Landing at Sandy Ridge Scotia Village Phi Management Services LLC Phi Rehab Services LLC (PHI)To Provide Care for Senior Adults.$1,821,426
GlenaireTo Provide Care for Senior Adults.$570,487

Who funds Brightspire Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Network for GoodUnrestricted$30,383
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$6,000
TR Williams Memorial FundAnnual Fund$5,947
...and 2 more grants received

Personnel at Brightspire Foundation

NameTitleCompensation
Julia HanoverVice President - Chief Financial Officer$0
James MorganVice Chairperson / Board Member$0
Brenda G GilbertSecretary / Board Member$0
Sam G NicholsPast Treasurer$0
Timothy WebsterAssistant Secretary$0
...and 1 more key personnel

Financials for Brightspire Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,351,517
Program services$0
Investment income and dividends$1,418,539
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-4,550
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,765,506

Form 990s for Brightspire Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-07990View PDF
2021-092022-04-22990View PDF
2020-092021-05-05990View PDF
2019-092020-10-06990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,947 from TR Williams Memorial Fund
October 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 2, 2023
Updated personnel
Identified 1 new personnel
September 25, 2023
Used new vendors
Identified 1 new vendor, including
June 27, 2023
Received grants
Identified 2 new grant, including a grant for $7,400 from TR Williams Memorial Fund
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsRetirement homesHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Funds one specific organizationEndowed supportTax deductible donationsNo full-time employees
General information
Address
2109 Sandy Ridge Rd
Colfax, NC 27235
Metro area
Greensboro-High Point, NC
County
Guilford County, NC
Phone
(336) 886-6553
IRS details
EIN
58-2004356
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L11: Housing and Shelter Single Organization Support
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Central organization
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