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 12/2023, Bridgespan Group Inc employed 432 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 12/2023, Bridgespan Group Inc generated $84.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $94.9m during the year ending 12/2023. While expenses have increased by 12.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGESPAN'S MISSION IS TO BUILD A BETTER WORLD BY STRENGTHENING 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:
Part 3 - Line 4a
ADVISING PHILANTHROPY AND INVESTORS FOR GREATER SOCIAL IMPACTWE HELP THE WORLD'S LEADING DONORS AND PHILANTHROPIES CRAFT AND ACHIEVE THEIR VISION FOR A MORE JUST AND EQUITABLE WORLD THROUGH THE FOLLOWING SERVICES: - DEVELOPING HIGH-IMPACT GIVING STRATEGIES - SOURCING AND STRUCTURING PHILANTHROPIC INVESTMENTS - DESIGNING AND REALIZING SPECIAL INITIATIVES / PROJECTS - STRUCTURING AND MANAGING PHILANTHROPIC ENTITIES - INCREASING IMPACT AND EFFECTIVENESS OF GRANTEESWE ALSO ADVISE A VARIETY OF INSTITUTIONAL INVESTORS, FOUNDATIONS, AND FAMILY OFFICES ON HOW TO INCORPORATE SOCIAL AND ENVIRONMENTAL IMPACT INVESTING INTO THEIR PORTFOLIOS WITH A FOCUS ON THE FOLLOWING SUPPORTS: - IMPACT STRATEGY - IMPACT DILIGENCE - IMPACT VALUE CREATION
SUPPORTING NONPROFITS AND NGOS TO ACHIEVE IMPACT ASPIRATIONSWE SUPPORT NONPROFITS AND NGOS IN TWO PRIMARY WAYS. FIRST, WE OFFER CUSTOMIZED ADVISING, IN WHICH WE PARTNER CLOSELY WITH A DIVERSE SET OF NONPROFITS / NGOS AND SUPPORT THEM ON A RANGE OF TOPICS AND PRIORITIES: - STRATEGIC CLARITY - GROWTH AND SCALING - PROGRAM STRATEGY & ALIGNMENT - FUNDING STRATEGY - ORGANIZATIONAL EFFECTIVENESS AND DESIGNSECOND, WE OFFER COHORT-BASED ADVISING, IN WHICH WE OFFER COACHING AND CAPACITY-BUILDING PROGRAMS FOR GROUPS OF LEADERSHIP TEAMS: - LEADING FOR IMPACT (LFI): 12-MONTH COHORT-BASED EXPERIENCE THAT COMBINES CLASSROOM SESSIONS AND TARGETED PROJECT SUPPORT - LEADERSHIP ACCELERATOR (US) AND BRIDGESPAN NONPROFIT DEVELOPMENT PROGRAM (ASIA AND AFRICA): SUPPORT FOR NGO LEADERSHIP TEAMS ON CRITICAL STRATEGY AND MANAGEMENT CHALLENGES THROUGH A COMBINATION OF DIGITAL TOOLS, WORKSHOPS, AND 1-ON-1 COACHING
SHARING INSIGHTS TO ADVANCE SECTOR-WIDE IMPACTACROSS OUR PORTFOLIO, WE AIM TO ENGAGE SOCIAL SECTOR LEADERS IN OUR KNOWLEDGE WORK IN WAYS THAT SHAPE THEIR THINKING AND BEHAVIOR, AND USE OUR PLATFORM TO AMPLIFY THE VOICES OF BIPOC AND PROXIMATE LEADERS. - MULTIYEAR INITIATIVES: ADVANCE MOST INFLUENTIAL IDEAS FOR THE SOCIAL SECTOR TOWARDS SPECIFIC IMPACT OBJECTIVES THROUGH DEEP, SUSTAINED INVESTMENT - TARGETED INVESTMENTS: EXPLORE PROMISING CROSS-CUTTING ISSUES OR FIELD-SPECIFIC TOPICS WITH DISCRETE INVESTMENTS - FOUNDATIONAL KNOWLEDGE: SERVE AS A GO-TO SOURCE OF KNOWLEDGE AND TOOLS TO BUILD STRONG, RESULTS-DRIVEN NONPROFITS AND DRIVE HIGHLY EFFECTIVE PHILANTHROPYARTICLES PUBLISHED ON BRIDGESPAN.ORG SOUGHT TO ENGAGE OUR AUDIENCE ON TOPICS SUCH AS RACIAL EQUITY, NONPROFIT RESILIENCE, STRATEGIC PLANNING, EQUITABLE SYSTEMS CHANGE, AND CLIMATE. EXAMPLES INCLUDE:HOW NONPROFIT LEADERSHIP DEVELOPMENT SUSTAINS ORGANIZATIONS AND THEIR TEAMS BRIDGESPAN.ORG, 1/1/23BY LINDSEY WALDRON, PREETA NAYAK, TENI LANRE-AMOS, AND BRADLEY SEEMANEQUITABLE PHILANTHROPY CASE STUDY: THE 1954 PROJECT APPROACH BRIDGESPAN.ORG, 2/16/23BY BRITT SAVAGE, LYELL SAKAUE, AND NICOLE AUSTIN-THOMASEQUITABLE SYSTEMS CHANGE: FUNDING FIELD CATALYSTS FROM ORIGINS TO REVOLUTIONIZING THE WORLDBRIDGESPAN.ORG, 3/21/23BY LIJA MCHUGH FARNHAM, EMMA NOTHMANN, KEVIN CROUCH, AND CORA DANIELSPROMOTING EQUITABLE AND INCLUSIVE GREEN JOB GROWTH IN SOUTHEAST ASIA BRIDGESPAN.ORG, 5/16/23BY XUELING LEE, CHRIS ADDY, ROGER THOMPSON, ROSE FARAHHOW NONPROFITS AND NGOS CAN GET REAL VALUE FROM STRATEGIC PLANNING BRIDGESPAN.ORG, 6/1/23BY LINDSEY WALDRON, PREETA NAYAK, TENI LANRE-AMOS, BRADLEY SEEMANREIMAGINING GLOBAL OPERATING MODELS: STEPS MULTI-COUNTRY ORGANIZATIONS ARE TAKING TO ADVANCE EQUITY AND SHIFT POWER LOCALLYBRIDGESPAN.ORG, 6/29/23BY DANIELLE BERFOND, CHANDA JAIN, JASLEEN KAUR, THABO MATSHEGO, ROGER THOMPSON, KARISHMA UBEROI, DONALD YEHCLOSING THE CAPITAL GAP ON IMPACT INVESTMENT IN AFRICA BRIDGESPAN.ORG, 8/1/23BY BERNARD CHIDZERO, SERENA FU, NKANYISO HLONGWA, ROSSINA NAIDOO, FHATUWANI MABILA, ROGER THOMPSONWINNING ON CLIMATE CHANGE: HOW PHILANTHROPY CAN SPUR MAJOR PROGRESS OVER THE NEXT DECADE BRIDGESPAN.ORG, 8/17/23 BY HENRY PLATT, BRIAN BURWELL, SONALI PATEL, BRYAN CORTES, KYLA HARRISON, JOSHUA SEAWELL, AND BRADLEY SEEMANFOUR MINDSETS FOR FUNDING ECONOMIC MOBILITY IN THE BLACK RURAL SOUTH BRIDGESPAN.ORG, 8/24/23BY MIKE SOSKIS, ANGIE ESTEVEZ PRADA, MARK MCKEAG, RICH PIERRE, AND CYNTHIA PHOELPHILANTHROPY'S ROLE IN REPARATIONS AND BUILDING A CULTURE OF RACIAL REPAIR BRIDGESPAN.ORG, 9/27/23BY ARIA FLORANT, TONYEL EDWARDS, CORA DANIELS, ALEXANDRA (ALEX) WILLIAMS, MAURICE ASARE, AND VIKAS MATURITHE PHILANTHROPIC POTENTIAL OF ASIA'S RISING WEALTH BRIDGESPAN.ORG, 11/1/23BY XUELING LEE, KEERAN SIVARAJAH, CHRIS ADDY, ROGER THOMPSONFUNDER PRACTICES THAT STRENGTHEN NONPROFIT RESILIENCE: LESSONS FROM INDIA BRIDGESPAN.ORG, 11/20/23BY PRITHA VENKATACHALAM, SHASHANK RASTOGI, ADITI SHARMA, RACHITA MEHROTRA, LAHARI SHEKAR AND ROGER THOMPSONPODCAST: DREAMING IN COLORBRIDGESPAN HOST: DARREN ISOMIN ADDITION TO PUBLISHING MAJOR ARTICLES ON BRIDGESPAN.ORG, BRIDGESPAN PARTNERS AND MANAGERS CONTRIBUTED ARTICLES TO CENTER FOR EFFECTIVE PHILANTHROPY, THE CHRONICLE OF PHILANTHROPY, STANFORD SOCIAL INNOVATION REVIEW, ALLIANCE MAGAZINE, FORBES INDIA, AND OTHERS. EXAMPLES INCLUDE:WINNING ON CLIMATE CHANGE IS ENTIRELY POSSIBLE WITH A LITTLE MORE HELP FROM PHILANTHROPYALLIANCE MAGAZINE, 9/7/23BY HENRY PLATT, BRIAN BURWELL, AND SONALI PATELA REPARATIONS ROADMAP FOR PHILANTHROPYSSIR.ORG, 9/27/23BY ARIA FLORANT, TONYEL EDWARDS, CORA DANIELS, ALEXANDRA WILLIAMS & MAURICE ASAREINVESTING IN THE BLACK RURAL SOUTH TO ENABLE SOCIAL MOBILITY NATIONWIDECENTER FOR EFFECTIVE PHILANTHROPY, 11/9/23BY MIKE SOSKIS, ANGIE ESTEVEZ PRADA, AND MARK MCKEAGWHY IS PHILANTHROPY AFRAID TO TALK ABOUT REPARATIONS?THE CHRONICLE OF PHILANTHROPY, 11/18/23BY CORA DANIELSINCORPORATING EQUITY IN GRANTMAKING AND PROGRAMME DESIGN FOR MARGINALISED COMMUNITIESAVPN, 11/20/23BY RITI MOHAPATRAWHY GRANTMAKERS AND NONPROFITS ARE COMMITTING TO COMMUNITY-DRIVEN CHANGEFORBES INDIA, 11/30/23BY RITI MOHAPATRA, PRITHA VENKATACHALAM, AND CHANDNI NORONHASUBSCRIPTIONS TO BRIDGESPAN'S NEWSLETTERS, THE BRIDGESPAN KNOWLEDGE LETTER, LEADERSMATTER, AND ALERTS, REACHED A COMBINED TOTAL OF 39,000 AT THE END OF 2023.IN 2023, BRIDGESPAN PARTICIPATED IN 91 CONFERENCES AND GAVE 76 PRESENTATIONS. IN ADDITION, BRIDGESPAN HOSTED 19 WEBINARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Foster Managing Partner | OfficerTrustee | 50 | $466,915 |
Jeffrey L Bradach Partner/trustee | Trustee | 50 | $445,050 |
Thomas J Tierney Chairman | OfficerTrustee | 20 | $0 |
Fred Blackwell Trustee | Trustee | 1 | $0 |
Dan Cardinali Trustee (until Dec. 2023) | Trustee | 1 | $0 |
Maya Chorengel Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Crowe Consulting | 12/30/23 | $943,253 |
Seyfarth Shaw Llp Legal Services | 12/30/23 | $282,347 |
Vedya Llc Consulting | 12/30/23 | $220,000 |
Gartner Inc It | 12/30/23 | $210,550 |
Korn Ferry Consulting | 12/30/23 | $209,869 |
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 | $8,150,348 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,150,348 |
Total Program Service Revenue | $70,984,075 |
Investment income | $5,480,062 |
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 | $84,763,020 |
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. | $4,584,848 |
Compensation of current officers, directors, key employees. | $1,397,940 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $54,310,009 |
Pension plan accruals and contributions | $3,042,946 |
Other employee benefits | $11,769,553 |
Payroll taxes | $0 |
Fees for services: Management | $5,388,885 |
Fees for services: Legal | $382,584 |
Fees for services: Accounting | $168,507 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $310,205 |
Office expenses | $1,816,175 |
Information technology | $3,011,359 |
Royalties | $0 |
Occupancy | $2,780,122 |
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 | $1,568,766 |
Insurance | $245,780 |
All other expenses | $100,000 |
Total functional expenses | $94,877,119 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,375,651 |
Savings and temporary cash investments | $519,259 |
Pledges and grants receivable | $18,348,002 |
Accounts receivable, net | $18,700,580 |
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 | $1,253,746 |
Net Land, buildings, and equipment | $3,012,277 |
Investments—publicly traded securities | $135,722,907 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,616,969 |
Total assets | $203,549,391 |
Accounts payable and accrued expenses | $29,934,900 |
Grants payable | $0 |
Deferred revenue | $1,691,060 |
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 | $31,625,960 |
Net assets without donor restrictions | $100,625,724 |
Net assets with donor restrictions | $71,297,707 |
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 | $203,549,391 |