Brightside Foundation Inc

Foundation · Grantmaker Lantana, FL EIN: 93-4714500

Brightside Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lantana, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $26.1M in total assets. In 2024, it awarded 3 grants totaling $200K. Net investment income was $26.4M.

Key facts about Brightside Foundation Inc

EIN: 93-4714500
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $200,000
Grants made (2024): 3
Average grant: $66,667
Median grant: $50,000
Total assets: $26,141,250
Primary geography: New York (50% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Brightside Foundation Inc funds

By grant dollars, the top recipient states for Brightside Foundation Inc's 3 itemized 2024 grants were New York (50%), Tennessee (25%) and Pennsylvania (25%). 100% of grants with a stated purpose were for general or operating support.

How Brightside Foundation Inc gives

In 2024 it paid out 53% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26.1M

Annual Giving

$200K

Grant Count

Avg Grant Size

$67K

Under IRS private-foundation payout rules, Brightside Foundation Inc reported a distributable amount of $416K for 2024 — the minimum it must pay out in qualifying distributions.

About Brightside Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $100K (50%)

Tennessee $50K (25%)

Pennsylvania $50K (25%)

Share of all 3 itemized 2024 grant dollars.

States

New York Pennsylvania Tennessee

Cities

GatlinburgNew YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$26,141,250	—
Revenue	$33,420,305	$8,094,305
Expenses	$266,797	—
Qualifying Distributions	$221,118	—
Net Investment Income	$26,401,931	—
Distributable Amount	$416,405	$27,891

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2023–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include NY Police and Fire Widows & Childrens Benefit Fund ($100,000), Mountain Ways ($50,000), Museum of the American Revolution ($50,000).

Recipient	Purpose	Amount
NY Police and Fire Widows & Childrens Benefit Fund New York, NY	General Purpose	$100,000
Mountain Ways Gatlinburg, TN	General purpose	$50,000
Museum of the American Revolution Philadelphia, PA	General Purpose	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Charles W Newhall III	Director, President	1	—
Amy L Newhall	Director, Vice-President	1	—
C Ashton Newhall	Director, Treasurer	1	—
Adair B Newhall	Director, Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Brightside Foundation Inc?

Brightside Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lantana, FL. It holds $26.1M in total assets as of 2024.

How large is Brightside Foundation Inc?

As of 2024, Brightside Foundation Inc holds $26.1M in total assets with $33.4M in annual revenue. It awarded 3 grants totaling $200K in 2024.

Where does Brightside Foundation Inc operate?

Brightside Foundation Inc has awarded grants in New York, Pennsylvania, Tennessee.

What size grants does Brightside Foundation Inc award?

In 2024, Brightside Foundation Inc awarded 3 grants totaling $200K — an average of about $67K per grant, based on its IRS Form 990 filings.

How much is Brightside Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Brightside Foundation Inc reported a distributable amount of $416K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.