The Bridgewater Fund Inc

Private foundation · Grantmaker New York, NY EIN: 23-7442465
Arts and cultureEducationHuman services

The Bridgewater Fund Inc is a private foundation focused on Arts and culture, based in New York, NY. IRS filing data is available from 2019 through 2025. In 2025, it awarded 2 grants totaling $523K.

The Bridgewater Fund Inc at a glance

In short: The Bridgewater Fund Inc gave $523K across 2 grants in 2025 (avg $262K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$523,262
+20025.5% vs 2024
Grants made (2025)
2
-33.3% vs 2024
Average grant
$261,631
+30088.2% vs 2024
Median grant
$261,631
Primary geography
New York (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Bridgewater Fund Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

The Bridgewater Fund: $262KThe Bridgewater Fund$262KFern Brook Fund: $262KFern Brook Fund$262K

The largest 2025 recipient was The Bridgewater Fund ($262K). Together the top 2 received $523K.

Grant Size Distribution

8 grants across all recorded years

4<$50K1$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 8 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

New YorkBrooklynClearmontHaverford

How The Bridgewater Fund Inc gives

  • Giving grew 692% from 2022 to 2025. Method
  • In 2025 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$200K$400K$600K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 3 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $3K (2024) to $523K (2025). In 2025 it made 2 grants totaling $523K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Bridgewater Fund Brooklyn, NYGeneral$261,631
Fern Brook Fund New York, NYGeneral$261,631
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$4,195$532,830$523,2622$523,262—$7,922
2024$281,521$54,973$6,695$2,6003$2,600$58,055$13,941
2023$233,243$-4,979$40,064$35,5501$35,550$4,077$14,272
2022$278,286$-108,553$70,491$66,1001$66,100—$17,596
2021$457,330$8,497$109,791$105,4101—$4,903$22,975
2020$558,624$25,479$109,290$105,0101—$35,968$24,855
2019$642,435$-89,476$47,471$43,6501——$23,266

Under IRS private-foundation payout rules, The Bridgewater Fund Inc reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Bridgewater Fund Inc is led by Katherine Degn, President since 2024 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Katherine Degn

    President

    Vice President → President, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • David Kaplan

    Treasurer

    Vice President → Treasurer, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Paul D. Kaplan (2019–2023) — President

Data from IRS Form 990 filings, 2019–2025. "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 Bridgewater Fund Inc

How much does The Bridgewater Fund Inc give each year?

The Bridgewater Fund Inc gave $523K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 3 grants.

What is The Bridgewater Fund Inc?

The Bridgewater Fund Inc is a private foundation focused on Arts and culture, based in New York, NY.

Where does The Bridgewater Fund Inc operate?

The Bridgewater Fund Inc has awarded grants in California, New York, Pennsylvania.

How much is The Bridgewater Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Bridgewater Fund Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Bridgewater Fund Inc's EIN?

The Bridgewater Fund Inc's EIN (Employer Identification Number) is 23-7442465. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS February 3, 2020)
  2. IRS filings on file for fiscal years 2020–2025

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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 Bridgewater Fund Inc'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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