Bridge Fund
- Assets
- $1.1m
- Revenue
- $843.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 45-4745677
Organization Overview
Bridge Fund is located in Bonita Springs, FL. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public 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. Bridge Fund 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, Bridge Fund generated $843.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $600.8k during the year ending 12/2022. While expenses have increased by 26.5% 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 2020, Bridge Fund has awarded 29 individual grants totaling $666,046. 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
TO ASSIST PEOPLE WITH BASIC AND CRITICAL NEEDS THAT ARE EXPERIENCING PERSONAL CRISES AND SUPPORT EDUCATION NEEDS IN OUR LOCAL COMMUNITIES, PARTICULARLY NEEDS NOT MET BY OTHER AGENCIES. NEEDS INCLUDED SHELTER, FOOD, MEDICAL, TRANSPORTATION, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOR RENTAL PAYMENTS, MORTGAGE PAYMENTS, UTILITIES, ETC. TO KEEP FAMILIES IN THEIR HOMES.
PROVIDED FOOD MAINLY THROUGH FOOD PANTRIES FOR DISTRIBUTION TO FAMILIES, ORIGANIZATIONS/SCHOOLS FOR CHILDREN AND OTHER INDIVIDUALS.
PROVIDED FOR EXPENSES ASSOCIATED WITH TRANSPORTATION (CAR PAYMENTS AND REPAIRS, BUS TICKETS, GAS CARDS), MATTRESSES AND BEDDING, SCHOOL NEEDS, ETC,.
PROVIDED FOR MEDICAL AND DENTAL EXPENSES FOR CHILDREN AND ADULTS, TO INCLUDE MEDICAL EXAMS, DENTAL TREATMENT, LICE TREATMENT, GLASSES FOR CHILDREN, AND DIAGNOSTIC EXAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Haas Directorvice President | OfficerTrustee | 30 | $0 |
Michael Beebe Directorpresident | OfficerTrustee | 30 | $0 |
Jim Herald Directorvice President | OfficerTrustee | 8 | $0 |
Ann Soper Directorsecretarytreasurer | OfficerTrustee | 30 | $0 |
Bob Taylor Director | Trustee | 5 | $0 |
Aileen Kevane Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,784 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $808,183 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $833,967 |
| Total Program Service Revenue | $0 |
| Investment income | $9,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $475 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $843,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $591,822 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,538 |
| Information technology | $2,614 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $1,531 |
| All other expenses | $0 |
| Total functional expenses | $600,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,923 |
| Savings and temporary cash investments | $798,013 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,100,936 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,082,458 |
| Net assets with donor restrictions | $18,478 |
| 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 | $1,100,936 |
Grants Awarded
Over the last fiscal year, Bridge Fund has awarded $167,144 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Bonita Springs, FL | | $74,808 |
Louisville, KY | | $34,840 |
Fort Myers, FL | | $20,556 |
Naples, FL | | $10,000 |
Fort Myers, FL | | $10,000 |
Ft Myers, FL | | $9,100 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bridge Fund has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Charles E Ross Fam Foundation Novi, MI PURPOSE: CHARITABLE | $6,000 |
Abantika Piyush Shah Foundation Bonita Springs, FL PURPOSE: FEEDING HUNGRY CHILDREN AND OTHERS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |