The Crimsonbridge Foundation Inc

Organization Overview

The Crimsonbridge Foundation Inc is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crimsonbridge Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Crimsonbridge Foundation Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Crimsonbridge Foundation Inc has awarded 208 individual grants totaling $2,854,440. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

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, 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.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,497,306
Interest on Savings $8,195
Dividends & Interest $160,122
Net Rental Income$0
Net Gain on Sale of Assets -$1,174
Capital Gain Net Income $746,132
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,664,449

Grants Awarded

Over the last fiscal year, The Crimsonbridge Foundation Inc has awarded $1,030,500 in support to 65 organizations.

Grant RecipientAmount

LATINO STUDENT FUND

PURPOSE: EDUCATION IMPERATIVE FUND (2023-2024)

$130,000

ACHIEVING THE DREAM

Org PageRecipient Profile

Silver Spring, MD

PURPOSE: COLLEGE SUCCESS - NATIONAL COMMUNITY VIBRANCY METRICS PILOT

$75,000

LATINO STUDENT FUND

PURPOSE: EDUCATION IMPERATIVE FUND (2022-2023)

$65,000

MONTGOMERY COLLEGE FOUNDATION

Org PageRecipient Profile

Rockville, MD

PURPOSE: COLLEGE SUCCESS - ACHIEVING THE PROMISE COACHING CAPACITY

$60,000

UNIVERSITY OF NOTRE DAME ALLIANCE FOR CATHOLIC EDUCATION

PURPOSE: EDUCATION IMPERATIVE - LATINO EDUCATOR AND ADMINISTRATOR DEVELOPMENT PROGRAM

$50,000

San Francisco, CA

PURPOSE: COLLEGE SUCCESS - NUDGE-ENABLED REMOTE ADVISING PILOT

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Crimsonbridge Foundation Inc has recieved totaling $100,000.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$100,000
View Grant Recipient Profile

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