The Bridge Foundation is a private foundation focused on Education, based in Charlotte, NC. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $12K in total assets. In 2022, it awarded 4 grants totaling $30K.
Key facts about The Bridge Foundation
- EIN
- 68-0550585
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $30,000
- Grants made (2022)
- 4
- Average grant
- $7,500
- Median grant
- $6,250
- Total assets
- $12,179
- Primary geography
- North Carolina (58% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
Who The Bridge Foundation funds
By grant dollars, the top recipient states for The Bridge Foundation's 4 itemized 2022 grants were North Carolina (58%), Georgia (25%) and New York (17%). None of its 4 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational" (4 grants).
How The Bridge Foundation gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Bridge Foundation
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Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$12K
-33.5% YoY
Annual Giving
$30K
+50.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$8K
+50.0% YoY
Under IRS private-foundation payout rules, The Bridge Foundation reported a distributable amount of $719 for 2022 — the minimum it must pay out in qualifying distributions.
About The Bridge Foundation
Based on IRS filings
The Bridge Foundation is a private foundation focused on Education, based in Charlotte, NC. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $12K in total assets. In 2022, it awarded 4 grants totaling $30K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2022 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $12,179 | $18,303 | $16,578 |
| Revenue | $29,201 | $25,175 | $27,468 |
| Expenses | $35,325 | $23,450 | $22,370 |
| Qualifying Distributions | $30,667 | $20,271 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $719 | $533 | $269 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2022
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest recipients include UNC - Chapel Hill University ($15,000), Georgia Institute of Technology ($7,500), Rochester Institute of Technology ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNC - Chapel Hill University Chapel Hill, NC | Educational | $15,000 |
| Georgia Institute of Technology Atlanta, GA | Educational | $7,500 |
| Rochester Institute of Technology Rochester, NY | Educational | $5,000 |
| Univ of NC - Asheville Asheville, NC | Educational | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2022 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Russell Weil | Treasurer | 2 | — |
| Mike Vreeland | President | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bridge Foundation?
The Bridge Foundation is a private foundation focused on Education, based in Charlotte, NC. It holds $12K in total assets as of 2022.
How large is The Bridge Foundation?
As of 2022, The Bridge Foundation holds $12K in total assets with $29K in annual revenue. It awarded 4 grants totaling $30K in 2022.
Where does The Bridge Foundation operate?
The Bridge Foundation has awarded grants in Georgia, North Carolina, New York.
What size grants does The Bridge Foundation award?
In 2022, The Bridge Foundation awarded 4 grants totaling $30K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Bridge Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Bridge Foundation reported a distributable amount of $719 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bridge Foundation's EIN?
The Bridge Foundation's EIN (Employer Identification Number) is 68-0550585. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.