The Bright Foundation
The Bright Foundation is a nonprofit organization, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $221K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$221K
-41.5% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$74K
-80.5% YoY
About The Bright Foundation
Based on IRS filings
The Bright Foundation is a nonprofit organization, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $221K.
Ready to take the next step with The Bright Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Mcdonough Institute ($210,000), The University of New Mexico Foundation ($10,000), Trayton Pescocolido ($590).
| Recipient | Purpose | Amount |
|---|---|---|
| THE MCDONOUGH INSTITUTE CHARLOTTESVILLE, VA | GENERAL SUPPORT | $210,000 |
| THE UNIVERSITY OF NEW MEXICO FOUNDATION ALBUQUERQUE, NM | GENERAL SUPPORT | $10,000 |
| TRAYTON PESCOCOLIDO ST PAUL, MN | SCHOLARSHIP | $590 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEX MATUSEVICH | VICE PRESIDENT/SECRETARY | 1 | — |
| JASON BRIGHT | PRESIDENT/TREASURER | 1 | — |
Frequently Asked Questions
Where does The Bright Foundation operate?
The Bright Foundation has awarded grants in Minnesota, New Mexico, Pennsylvania, Virginia.
What size grants does The Bright Foundation award?
In 2024, The Bright Foundation awarded 3 grants totaling $221K — an average of about $74K per grant, based on its IRS Form 990 filings.
What is The Bright Foundation's EIN?
The Bright Foundation's EIN (Employer Identification Number) is 47-2581945. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bright Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.