The Bridge Foundation

Private foundation · Grantmaker Charlotte, NC EIN: 68-0550585

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.

The Bridge Foundation at a glance

In short: The Bridge Foundation gave $30K across 4 grants in 2022 (avg $8K), mostly in North Carolina. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$30,000
+50.0% vs 2021
Grants made (2022)
4
+0.0% vs 2021
Average grant
$7,500
+50.0% vs 2021
Median grant
$6,250
Total assets
$12,179
-33.5% vs 2021
Primary geography
North Carolina (58% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who The Bridge Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2022

UNC - Chapel Hill University: $15KUNC - Chapel Hill University$15KGeorgia Institute of Technology: $8KGeorgia Institute ofTechnology$8KRochester Institute of Technology: $5KRochester Institute ofTechnology$5KUniv of NC - Asheville: $3KUniv of NC - Asheville$3K

The largest 2022 recipient was UNC - Chapel Hill University ($15K). Together the top 4 received $30K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2022 grant dollars across all 4 itemized grants.

Cities

AshevilleChapel HillAtlantaDurhamGreenvilleRochester

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K4 grants2020 4 grants2021 4 grants2022

From 2020 to 2022, annual grant giving ranged from $20K (2020) to $30K (2022). In 2022 it made 4 grants totaling $30K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
UNC - Chapel Hill University Chapel Hill, NCEducational$15,000
Georgia Institute of Technology Atlanta, GAEducational$7,500
Rochester Institute of Technology Rochester, NYEducational$5,000
Univ of NC - Asheville Asheville, NCEducational$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2022$12,179$29,201$35,325$30,0004$30,667$719
2021$18,303$25,175$23,450$20,0004$20,271$533
2020$16,578$27,468$22,370$20,0004—$269

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.

Leadership & Key People

Officers and directors from IRS filings

The Bridge Foundation is led by Mike Vreeland, President on every filing since 2020; none of the 2 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Mike Vreeland

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Russell Weil

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Bridge Foundation

How much does The Bridge Foundation give each year?

The Bridge Foundation gave $30K across 4 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $20K across 4 grants.

What is The Bridge Foundation's typical grant size?

The Bridge Foundation's median grant in 2022 was $6,250, and its average grant was $7,500, across 4 grants on its 2022 IRS Form 990-PF.

Where does The Bridge Foundation give grants?

The Bridge Foundation gives mostly in North Carolina: 58% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The next largest states were Georgia (25%) and New York (17%).

Does The Bridge Foundation give general operating support?

Not in 2022: none of the 4 grants with a stated purpose on The Bridge Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (4 grants).

How large is The Bridge Foundation?

The Bridge Foundation reported $12K in total assets on its 2022 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $719 (roughly 5% of its investment assets).

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.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Bridge Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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