Bridgeman Charitable Group Inc is located in Louisville, KY. The organization was established in 2015. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Bridgeman Charitable 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 12/2022, Bridgeman Charitable Group Inc generated $186.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.4%) each year. All expenses for the organization totaled $428.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bridgeman Charitable Group Inc has awarded 11 individual grants totaling $260,000. 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 RAISE FUNDS AND PUBLIC AWARENESS FOR NON-PROFIT ORGANIZATIONS IN THE GREATER LOUISVILLE AREA THAT HAVE A FOCUS ON CHILDREN, EDUCATION OR HEALTH AWARENESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GRANTS PAID: $5,000 TO TEENS EXERCISING EXTRAORDINARY SUCCESS,$15,000 TO METRO UNITED WAY, $15,000 TO ONE PLUS ONE, $15,000 TO PLAY COUSINS COLLECTIVE, $15,000 TO ST. GEORGE'S SCHOLAR INSTITUTE, $5,000 TO THE MUSEUM OF FOOD AND DRINK, $75,000 TO WACO THEATER CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ulysses L Bridgeman Jr Chairman | Trustee | 1 | $0 |
Eden Bridgeman Director | Trustee | 1 | $0 |
Ryan Bridgeman Director | Trustee | 1 | $0 |
Justin Bridgeman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $186,759 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $186,759 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $186,759 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $145,000 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $142,932 |
Advertising and promotion | $7,551 |
Office expenses | $0 |
Information technology | $0 |
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 | $0 |
All other expenses | $1,992 |
Total functional expenses | $428,862 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,168 |
Savings and temporary cash investments | $0 |
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 | $20,585 |
Total assets | $70,753 |
Accounts payable and accrued expenses | $45 |
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 | $45 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $49,019 |
Retained earnings, endowment, accumulated income, or other funds | $21,689 |
Total liabilities and net assets/fund balances | $70,753 |
Over the last fiscal year, Bridgeman Charitable Group Inc has awarded $135,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
METRO UNITED WAY PURPOSE: TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF COMMUNITIES TO ADVANCE COMMON GOOD | $15,000 |
ONE PLUS ONE EQUALS U INC PURPOSE: KEEP STUDENT ATHLETES OFF THE STREETS AND IN SCHOOL WEHRE THEY CAN FURTHER EDUCTION | $15,000 |
PLAY COUSINS COLLECTIVE PURPOSE: BUILD SUPPORT AROUND SOCIALLY AND ECONOMICALLY VULNERABLE CHILDREN AND FAMILIES IN WEST LOUISVILLECAMP FOR BLIND AND DEAF CHILDREN | $15,000 |
ST GEORGE'S SCHOLAR INSTITUTE PURPOSE: EMPOER YOUTH, BUILD COMMUNITY BY BECOMING FULL SERVICE RESOURCE CENTER | $15,000 |
WACO THEATER CENTER PURPOSE: EMPOWERMENT OF LOS ANGELES ARTISTS, YOUNG PEOPLE AND STORIES OF AFRICAN DIASPORA | $75,000 |