Bright Family Foundation

Organization Overview

Bright Family Foundation is located in Modesto, CA. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bright Family Foundation 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, Bright Family Foundation generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 60.5% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 17.0% per year over the past 6 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, Bright Family Foundation has awarded 159 individual grants totaling $3,089,000. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,290,000
Interest on Savings $316
Dividends & Interest $429,865
Net Rental Income$0
Net Gain on Sale of Assets $7,360,520
Capital Gain Net Income $7,360,520
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $242
Total Revenue $9,080,943

Grants Awarded

Over the last fiscal year, Bright Family Foundation has awarded $882,500 in support to 30 organizations.

Grant RecipientAmount

UC MERCED CEB SUCCESS CENTER

PURPOSE: EDUCATIONAL SCHOLARSHIPS.

$200,000

CHILDREN'S CRISIS CENTER

PURPOSE: SUPPORT PREVENTION OF CHILD ABUSE.

$75,000

UC MERCED ENGINEERING - UC MERCED F

PURPOSE: EDUCATIONAL SCHOLARSHIPS

$60,000

UNITED SAMARITANS FOUNDATION

Org PageRecipient Profile

Turlock, CA

PURPOSE: LIVING ASSISTANCE TO THE NEEDY.

$55,000

CSU STANISLAUS FOUNDATION

PURPOSE: EDUCATIONAL

$40,000

CENTER FOR HUMAN SERVICES

Org PageRecipient Profile

Modesto, CA

PURPOSE: SUPPORT TEENS, SUBSTANCE ABUSE TREATMENT.

$40,000
View Grant Profile

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