Bridges Evangelical Foundation
- Assets
- $612.6k
- Revenue
- $22.2k
- Investments
- $453.8k
- Employees
- 0
- Location
- Sugar Land, TX
- Founding
- 01/2010
- Data as of
- 12/2023
- EIN
- 26-6528682
Organization Overview
Bridges Evangelical Foundation is located in Sugar Land, TX. The organization was established in 2010. 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.
For the year ending 12/2023, Bridges Evangelical Foundation generated $22.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $19.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bridges Evangelical Foundation has awarded 30 individual grants totaling $1,429,145. 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 |
|---|---|---|---|
Darlene Bridges Trustee | 0 | $0 | |
Jennifer Bridges Trustee | 0 | $0 | |
James W Bridges III Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,177 |
| Dividends & Interest | $13,275 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,379 |
| Capital Gain Net Income | $6,379 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,327 |
| Total Revenue | $22,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $273 |
| Depreciation | $104 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,536 |
| Printing and publications | $0 |
| Other expenses | $355 |
| Total operating and administrative expenses | $16,469 |
| Contributions, gifts, grants paid | $2,900 |
| Total expenses and disbursements | $19,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,208 |
| Savings and temporary cash investments | $118,608 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $612,616 |
| 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, Bridges Evangelical Foundation has awarded $507,313 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BIBLICA PURPOSE: BIBLE TRANSLATION | $250,000 |
THE TRAILS CHURCH PURPOSE: BUILDING FUND | $101,313 |
ILLUMINATIONS PURPOSE: BIBLE TRANSLATION | $125,000 |
CRU PURPOSE: BIBLICAL MINISTRY | $1,000 |
HOPE BUILDERS MINISTRY PURPOSE: BIBLICAL MINISTRY TRAINING | $30,000 |