Bright Horizon Foundation
- Assets
- $110.5m
- Revenue
- $11.5m
- Investments
- $106.5m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 06/2000
- Data as of
- 12/2022
- EIN
- 13-4121003
Organization Overview
Bright Horizon Foundation is located in Princeton, NJ. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bright Horizon Foundation 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, Bright Horizon Foundation generated $11.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $10.2m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bright Horizon Foundation has awarded 91 individual grants totaling $51,659,445. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Salkind President | 2 | $0 | |
Deborah Rennels Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,285,336 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,316,327 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $863,367 |
| Capital Gain Net Income | $863,367 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,607 |
| Total Revenue | $11,517,637 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,538 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88,138 |
| Total operating and administrative expenses | $141,676 |
| Contributions, gifts, grants paid | $10,010,000 |
| Total expenses and disbursements | $10,151,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,993,762 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $90,651,545 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $110,476,175 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bright Horizon Foundation has awarded $10,010,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ARMS CONTROL ASSOCIATION (ACA) TOWARD PHYSICISTS COALITION FOR NUCLEAR THRE PURPOSE: NATIONAL NONPARTISAN MEMBERSHIP ORGANIZATION DEDICATED TO PROMOTING PUBLIC UNDERSTANDING OF AND SUPPORT FOR EFFECTIVE ARMS CONTROL POLICIES | $25,000 |
AMERICARES FOUNDATION INC PURPOSE: AMERICARES SAVES LIVES AND IMPROVES HEALTH FOR PEOPLE AFFECTED BY POVERTY OR DISASTER SO THEY CAN REACH THEIR FULL POTENTIAL | $50,000 |
CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE - FOR NUCLEAR DISARMAMENT EFFORT PURPOSE: INTERNATIONAL WORLD PEACE | $150,000 |
BROOKINGS INSTITUTION PURPOSE: THE PURPOSE IS TO CONDUCT IN-DEPTH RESEARCH THAT LEADS TO NEW IDEAS FOR SOLVING PROBLEMS FACING SOCIETY AT THE LOCAL, NATIONAL AND GLOBAL LEVEL | $200,000 |
FIDELITY CHARITABLE GIFT FUND PURPOSE: FACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES | $3,650,000 |
INTERNATIONAL CRISIS GROUP PURPOSE: PURPOSE IS TO PREVENT WARS AND SHAPE POLICIES THAT WILL BUILD A MORE PEACEFUL WORLD | $500,000 |