Bradley Impact Fund Inc
- Assets
- $115.0m
- Revenue
- $108.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Milwaukee, WI
- Founding
- 01/2013
- Data as of
- 12/2022
- EIN
- 45-4678325
Organization Overview
Bradley Impact Fund Inc is located in Milwaukee, WI. The organization was established in 2013. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Bradley Impact Fund Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bradley Impact Fund 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, Bradley Impact Fund Inc generated $108.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 50.4% each year . All expenses for the organization totaled $67.7m during the year ending 12/2022. While expenses have increased by 48.3% 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, Bradley Impact Fund Inc has awarded 1,141 individual grants totaling $129,172,355. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BRADLEY IMPACT FUND PROVIDES GRANTS TO ORGANIZATIONS THAT ALIGN WITH ITS GIVING AREAS OF CIVIL SOCIETY, INFORMED CITIZENS, FREE MARKETS, AND CONSTITUTIONAL ORDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRADLEY IMPACT FUND PROVIDES FUNDING TO ORGANIZATIONS THAT RESEARCH PUBLIC POLICY AND EDUCATE THE PUBLIC ON POLICY ISSUES. THE ORGANIZATION'S BOARD OF DIRECTORS SELECT ORGANIZATIONS FOR GRANTS AND ASSISTANCE BASED UPON A RIGOROUS EXAMINATION PROCESS THAT INCLUDES AN ANALYSIS OF THE ORGANIZATION'S EFFECTIVENESS IN ITS FIELD OF INTEREST; THE ORGANIZATION'S CREATIVITY AND PAST RESULTS; THE POTENTIAL OF FOCUSED, SPECIAL PROJECTS; THE ORGANIZATION'S ACCOUNTABILITY AND TRANSPARENCY WITH FUNDS; APPROPRIATENESS OF THE ACTIVITIES UNDER SECTION 501(C)(3); AND RELEVANT FACTORS PERTAINING TO EACH ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curt Culver Chairman | OfficerTrustee | 2 | $0 |
Richard Graber Vice President | OfficerTrustee | 5 | $0 |
Jason Kohout Secretary | OfficerTrustee | 1 | $0 |
Phillip Prange Treasurer | OfficerTrustee | 1 | $0 |
Kathryn Murphy Burke Director | Trustee | 0.5 | $0 |
Stephen Einhorn Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Renpsg Fund Consulting | 12/30/22 | $217,199 |
American Philanthropic Fundraising Consulting | 12/30/22 | $211,937 |
Foundation Partners Software Consulting | 12/30/22 | $110,610 |
Financial Statements
| 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 | $108,252,279 |
| Noncash contributions included in lines 1a–1f | $17,962,690 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,252,279 |
| Total Program Service Revenue | $0 |
| Investment income | $1,308,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,439,103 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,123,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,883,276 |
| 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. | $791,267 |
| Compensation of current officers, directors, key employees. | $209,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,978 |
| Pension plan accruals and contributions | $5,245 |
| Other employee benefits | $30,762 |
| Payroll taxes | $45,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,531 |
| Fees for services: Accounting | $95,959 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $98,211 |
| Fees for services: Investment Management | $176,357 |
| Fees for services: Other | $407,272 |
| Advertising and promotion | $147,197 |
| Office expenses | $49,639 |
| Information technology | $247,371 |
| Royalties | $0 |
| Occupancy | $59,042 |
| Travel | $82,181 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $465,440 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,318 |
| Insurance | $11,009 |
| All other expenses | $32,000 |
| Total functional expenses | $67,735,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,995,716 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $540,426 |
| Accounts receivable, net | $0 |
| 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 | $39,050 |
| Net Land, buildings, and equipment | $180,284 |
| Investments—publicly traded securities | $60,009,994 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $274,856 |
| Total assets | $115,040,326 |
| Accounts payable and accrued expenses | $207,965 |
| Grants payable | $250,000 |
| Deferred revenue | $0 |
| 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 | $332,940 |
| Total liabilities | $790,905 |
| Net assets without donor restrictions | $113,708,995 |
| Net assets with donor restrictions | $540,426 |
| 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 | $115,040,326 |
Grants Awarded
Over the last fiscal year, Bradley Impact Fund Inc has awarded $64,317,356 in support to 224 organizations.
| Grant Recipient | Amount |
|---|---|
ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY PURPOSE: GENERAL CHARITABLE PURPOSES | $172,500 |
ACTS HOUSING PURPOSE: GENERAL CHARITABLE PURPOSES | $153,000 |
ADVANCING AMERICAN FREEDOM PURPOSE: GENERAL CHARITABLE PURPOSES | $110,000 |
AID TO THE CHURCH IN NEED INC PURPOSE: GENERAL CHARITABLE PURPOSES | $120,929 |
ACADEMIA CLASSICA OF CINCINNATUS PURPOSE: GENERAL CHARITABLE PURPOSES | $7,500 |
ALLIANCE DEFENDING FREEDOM PURPOSE: GENERAL CHARITABLE PURPOSES | $824,000 |