The Bridgespan Group Inc is located in Boston, MA. The organization was established in 1999. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Bridgespan Group Inc employed 328 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgespan Group 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 12/2021, Bridgespan Group Inc generated $94.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $62.0m during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 7 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGESPAN'S MISSION IS TO STRENGTHEN THE ABILITY OF MISSION-DRIVEN ORGANIZATIONS AND PHILANTHROPISTS TO ACHIEVE BREAKTHROUGH RESULTS IN ADDRESSING SOCIETY'S MOST IMPORTANT CHALLENGES AND OPPORTUNITIES.
Describe the Organization's Program Activity:
ADVANCING PHILANTHROPY: PHILANTHROPY IS A CRITICAL ENABLER OF IMPACT IN THE SECTOR. WE HAVE HAD IMPORTANT OPPORTUNITIES TO WORK WITH PHILANTHROPISTS, FOUNDATIONS AND IMPACT INVESTORS ON THEIR SOCIAL CHANGE STRATEGIES AS WELL AS WITH GRANTEES IN PHILANTHROPY PORTFOLIOS. IN 2021, WE WERE FORTUNATE TO COLLABORATE WITH SEVERAL AMBITIOUS PHILANTHROPISTS AS WELL AS INSTITUTIONAL PHILANTHROPIES SEARCHING FOR EFFECTIVE WAYS TO ACHIEVE LARGE-SCALE IMPACT WITH THEIR GIVING AND WITH IMPACT INVESTORS THAT SEEK SIGNIFICANT SOCIAL RETURN ON THEIR INVESTMENTS. A CORE OBJECTIVE OF BRIDGESPAN HAS ALWAYS BEEN TO BRIDGE THE VISIONS OF IMPACT-SEEKING PHILANTHROPISTS WITH THE ON-THE-GROUND WORK OF NONPROFIT LEADERS.
STRATEGY ADVISING SERVICES: THE BRIDGESPAN GROUP IS A GLOBAL NONPROFIT THAT STRIVES TO MAKE THE WORLD MORE EQUITABLE AND JUST. SINCE 2000, WE HAVE HAD THE PRIVILEGE OF ADVISING AND COLLABORATING WITH MANY OF THE WORLD'S MOST EXTRAORDINARY SOCIAL CHANGE LEADERS INCLUDING PHILANTHROPISTS, NONPROFIT AND NGO LEADERS, AND IMPACT INVESTORS.WE ARE PASSIONATE ABOUT HELPING SOCIAL CHANGE LEADERS FIND SOLUTIONS TO ECONOMIC AND SOCIAL BARRIERS THAT PERPETUATE INEQUITIES AND PREVENT INDIVIDUALS, FAMILIES, AND COMMUNITIES FROM HAVING ACCESS TO OPPORTUNITIES THEY NEED TO THRIVE. WE USE RIGOROUS RESEARCH TO GAIN INSIGHTS THAT HELP OUR CLIENTS SOLVE PROBLEMS AND ACHIEVE THEIR GOALS.OUR SERVICES INCLUDE STRATEGY CONSULTING AND ADVISING, SOURCING AND DILIGENCE, AND LEADERSHIP TEAM SUPPORT. WE TAKE WHAT WE LEARN FROM THIS WORK AND BUILD ON IT WITH ORIGINAL RESEARCH, IDENTIFYING BEST PRACTICES AND INNOVATIVE IDEAS TO SHARE WITH THE SOCIAL SECTOR.
DEVELOPING AND SHARING INSIGHTS: BRIDGESPAN COLLABORATES WITH A BROAD RANGE OF SOCIAL SECTOR LEADERS TO DEVELOP AND SHARE IDEAS, TOOLS, AND INSIGHTS THAT CAN ACCELERATE SOCIAL IMPACT. IN 2021, BRIDGESPAN ADVANCED KNOWLEDGE IN THE FIELD THROUGH A RANGE OF PUBLICATIONS AND OTHER ACTIVITIES INCLUDING 13 MAJOR ARTICLES AND 40 SHORT ARTICLES, BLOGS, AND OP-EDS. BRIDGESPAN PARTNERS AND MANAGERS CONTRIBUTED ARTICLES TO STANFORD SOCIAL INNOVATION REVIEW (SSIR) AND THE CHRONICLE OF PHILANTHROPY. HIGHLIGHTS INCLUDE: TWIN ENGINES FOR PROPELLING SOCIAL IMPACTSTANFORD SOCIAL INNOVATION REVIEW, 4/22/2021BY ANN MEI CHANG AND LAURA LANZEROTTIHOW MUCH MONEY DOES PHILANTHROPY NEED TO GIVE TO FIGHT RACIAL EQUITY?THE CHRONICLE OF PHILANTHROPY ONLINE, 7/15/2021BY MICHAEL MCAFEE, WILLA SELDON, AND LAURA LANZEROTTIHOW TO OVERHAUL GRANTMAKING IN INDIASSIR ONLINE, 8/5/2021BY PRITHA VENKATACHALAM, DONALD YEH, AND SHASHANK RASTOGIENDOW BLACK-LED NONPROFITSSSIR ONLINE, 11/1/2021BY WILLIAM FOSTER AND DARREN ISOMA NUMBER OF ARTICLES PUBLISHED ON BRIDGESPAN.ORG SOUGHT TO ENGAGE OUR AUDIENCE ON TOPICS SUCH AS FIELD-BUILDING, STRATEGY, PHILANTHROPIC COLLABORATIVES, AND IMPACT INVESTING. HOW PHILANTHROPY CAN SUPPORT SYSTEMS-CHANGE LEADERS BRIDGESPAN.ORG, 1/14/2021BY LIJA FARNHAM, EMMA NOTHMANN, ZOE TAMAKI, NATE HARDING, AND CORA DANIELSBUILDING STRONG, RESILIENT NGOS IN INDIA: TIME FOR NEW FUNDING PRACTICESBRIDGESPAN.ORG, 3/17/2021BY PRITHA VENKATACHALAM, DONALD YEH, SHASHANK RASTOGI, ANUSHKA SIDDIQUI, UMANG MANCHANDA, KANIKA GUPTA, AND ROGER THOMPSONBACK TO THE FRONTIER: INVESTING THAT PUTS IMPACT FIRST BRIDGESPAN.ORG, 4/5/2021BY MICHAEL ETZEL, MATT BANNICK, MARIAH COLLINS, JORDANA FREMED, AND ROGER THOMPSONHOW TO BUILD NONPROFIT RESILIENCE: THREE STRATEGIES TO STRENGTHEN ORGANIZATIONSBRIDGESPAN.ORG, 5/26/2021BY MEERA CHARY AND BILL BREENHOW NONPROFITS CAN MAP THEIR PROGRAMS TO THEIR STRATEGYBRIDGESPAN.ORG, 6/24/2021BY MICHAEL CICCARONE, PREETA NAYAK, LINDSEY WALDRON, YONATAN ARAIA, AND BRADLEY SEEMANRELEASING THE POTENTIAL OF PHILANTHROPIC COLLABORATIONSBRIDGESPAN.ORG, 12/14/2021BY ALISON POWELL, SIMON MORFIT, AND MICHAEL JOHNSUBSCRIPTIONS TO BRIDGESPAN'S NEWSLETTERS, THE BRIDGESPAN KNOWLEDGE LETTER, LEADERSMATTER, AND ALERTS, HAVE REACHED A COMBINED TOTAL OF 50,000 AT THE END OF 2021.MEMBERS OF BRIDGESPAN ALSO PARTICIPATED IN 57 CONFERENCES, ONLINE CONVENINGS AND WEBINARS. OF THOSE, BRIDGESPAN STAFF GAVE 57 PRESENTATIONS, INCLUDING 19 WEBINARS.
LEADERSHIP: BRIDGESPAN COLLABORATES WITH SOCIAL SECTOR LEADERS TO STRENGTHEN THE FLOW OF TALENT INTO AND WITHIN THE SOCIAL SECTOR AND TO SUPPORT THE DEVELOPMENT OF OUTSTANDING MISSION-DRIVEN LEADERS. WE HELP THEM TO DEVELOP LEADERSHIP SKILLS THROUGH OUR POWERFUL PROGRAM LEADING FOR IMPACT, A TWO-YEAR CONSULTING AND CAPACITY BUILDING PROGRAM FOR NONPROFIT EXECUTIVE TEAMS. IN 2018, WE LAUNCHED THE BRIDGESPAN LEADERSHIP ACCELERATOR THAT OFFERS GUIDED ONLINE PROGRAMS TO HELP NONPROFIT EXECUTIVE TEAMS WITH THEIR STRATEGIC CHALLENGES. SINCE THEN WE HAVE SUPPORTED 394 ORGANIZATIONS AND 2,088 LEADERS IN THE ACCELERATOR'S FOUR PROGRAMS (ACHIEVING STRATEGIC CLARITY, INVESTING IN FUTURE LEADERS, STRENGTHENING THE EXECUTIVE TEAM, AND CREATING AN ADAPTIVE PLAN).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jefferey L Bradach President | OfficerTrustee | 50 | $491,992 |
William Foster Managing Partner | Officer | 50 | $440,465 |
Andrew Belton Partner | Officer | 50 | $412,280 |
Paul Rosenberg Partner | 50 | $398,554 | |
Jan Schwier Partner | 50 | $348,273 | |
Christopher Addy Partner | 50 | $346,850 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bizstream Web Development | 12/30/21 | $410,491 |
Ebb Consulting Llc Consulting | 12/30/21 | $210,930 |
Extension Engine Llc Web Development | 12/30/21 | $198,132 |
Aim & Arrow Group Consulting | 12/30/21 | $186,430 |
Koya Leadership Partners Executive Search | 12/30/21 | $186,027 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $38,220,610 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $38,220,610 |
Total Program Service Revenue | $56,619,709 |
Investment income | $10,026 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $94,948,133 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,531,955 |
Compensation of current officers, directors, key employees. | $1,027,425 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $36,126,326 |
Pension plan accruals and contributions | $2,185,317 |
Other employee benefits | $7,587,355 |
Payroll taxes | $0 |
Fees for services: Management | $3,937,516 |
Fees for services: Legal | $48,320 |
Fees for services: Accounting | $119,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $50,696 |
Office expenses | $2,121,331 |
Information technology | $1,687,258 |
Royalties | $0 |
Occupancy | $2,448,864 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $856,395 |
Insurance | $162,451 |
All other expenses | $6,578 |
Total functional expenses | $62,048,454 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $64,743,894 |
Savings and temporary cash investments | $37,529,563 |
Pledges and grants receivable | $23,028,314 |
Accounts receivable, net | $11,689,359 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $779,736 |
Net Land, buildings, and equipment | $3,332,047 |
Investments—publicly traded securities | $27,638,998 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,444,590 |
Total assets | $174,186,501 |
Accounts payable and accrued expenses | $20,230,663 |
Grants payable | $0 |
Deferred revenue | $4,673,053 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $24,903,716 |
Net assets without donor restrictions | $46,094,514 |
Net assets with donor restrictions | $103,188,271 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $174,186,501 |
Over the last fiscal year, we have identified 23 grants that The Bridgespan Group Inc has recieved totaling $24,738,275.
Awarding Organization | Amount |
---|---|
The Jpb Foundation New York, NY PURPOSE: FOR THE BRIDGESPAN INSTITUTE | $12,000,000 |
The Jpb Foundation New York, NY PURPOSE: FOR THE BRIDGESPAN INSTITUTE | $4,000,000 |
Valhalla Charitable Foundation Woodside, CA PURPOSE: SCALING NONPROFIT ADVISORY SERVICES AND FIELD-BUILDING EFFORTS | $3,000,000 |
Valhalla Charitable Foundation Woodside, CA PURPOSE: SCALING NONPROFIT ADVISORY SERVICES AND FIELD-BUILDING EFFORTS | $2,000,000 |
Allstate Foundation Northbrook, IL PURPOSE: THE ALLSTATE FOUNDATION: RACIAL EQUITY STRATEGIC P | $692,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $520,000 |
Organization Name | Assets | Revenue |
---|---|---|
Fidelity Non-Profit Management Foundation Boston, MA | $2,237,901,889 | $256,876,248 |
The Bridgespan Group Inc Boston, MA | $174,186,501 | $94,948,133 |
Grhs Foundation Inc Rochester, NY | $150,651,211 | $43,275,253 |
Hispanic Federation Inc New York, NY | $50,299,555 | $50,097,384 |
Common Fund For Non-Profit Organizations Wilton, CT | $4,189,942,831 | $274,004,992 |
Affiliates Risk Management Services Inc New York, NY | $25,877,262 | $29,825,362 |
New Profit Inc Boston, MA | $113,525,114 | $77,118,974 |
Nonprofit Finance Fund New York, NY | $319,614,124 | $35,516,704 |
Npower Inc Brooklyn, NY | $16,868,984 | $22,673,461 |
Program Development Services Inc Brooklyn, NY | $16,969,361 | $21,610,144 |
Project Social Care Head Start Brooklyn, NY | $6,318,610 | $20,235,501 |
Race Forward New York, NY | $41,775,681 | $35,206,795 |