Brighthouse Financial Foundation
- Assets
- $9.0m
- Revenue
- -$161.4k
- Investments
- $7.4m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-2910432
Organization Overview
Brighthouse Financial Foundation is located in Charlotte, NC. The organization was established in 2018. 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. Brighthouse Financial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Brighthouse Financial Foundation has awarded 71 individual grants totaling $2,843,705. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Foust President | 3.08 | $0 | |
Jeff Halperin Secretary | 0.19 | $0 | |
Maria Tarhanidis Investments | 0.96 | $0 | |
Eric Steigerwalt Chair | 0.19 | $0 | |
Meghan Lantier Director | 2.31 | $0 | |
John Rosenthal Director | 0.23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $183,261 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$344,614 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$161,353 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,747 |
| Total operating and administrative expenses | $51,522 |
| Contributions, gifts, grants paid | $635,000 |
| Total expenses and disbursements | $686,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,677,751 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,386 |
| Total assets | $9,049,217 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Brighthouse Financial Foundation has awarded $635,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
PROMISING PAGES PURPOSE: GENERAL OPERATING PURPOSE | $25,000 |
BECHTLER MUSEUM OF MODERN ART PURPOSE: GENERAL OPERATING PURPOSE | $30,000 |
PARENTCHILD PURPOSE: GENERAL OPERATING PURPOSE | $50,000 |
HUMAN RIGHTS COUNCIL PURPOSE: GENERAL OPERATING PURPOSE | $25,000 |
DIGI-BRIDGE PURPOSE: GENERAL OPERATING PURPOSE | $35,000 |
DISCOVERY PLACE PURPOSE: GENERAL OPERATING PURPOSE | $50,000 |