Private Foundation

THE BRIGHT FOUNDATION

THE BRIGHT FOUNDATION, of MINNEAPOLIS, MN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.0M in revenue, $786K in expenses, $11.0M in total assets. IRS filings disclose 21 grants awarded by this foundation, totaling roughly $1.8M.

EIN: 472581945 MINNEAPOLIS, MN Latest filing: 2025

Total Revenue$3.0M

Total Expenses$786K

Total Assets$11.0M

Grants Given21

Grant Total$1.8M

Filing Years2021–2025

Sample Grants Given

UNIVERSITY OF ST THOMAS

ST PAUL, MN · 2025

ENGINEERING SCHOLARSHIP

$500,000

THE MCDONOUGH INSTITUTE

CHARLOTTESVILLE, VA · 2025

GENERAL SUPPORT

$39,000

TRAYTON PESCOCOLIDO

ST PAUL, MN · 2025

SCHOLARSHIP

$21,284

WILLIAM LEIFKER

ST PAUL, MN · 2025

SCHOLARSHIP

$16,750

JACOB MARX

BOZEMAN, MT · 2025

SCHOLARSHIP

$6,580

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT/SECRETARY Alex Matusevich

EXECUTIVE DIRECTOR Alex Mimis

PRESIDENT/TREASURER Jason Bright

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT

$1,113,000 11 grants

ENGINEERING SCHOLARSHIP

$500,000 1 grant

SCHOLARSHIP

$45,204 4 grants

TO SUPPORT AN EDUCATIONAL DAY FOR HIGH SCHOOL STUDENTS

$40,000 2 grants

TO SUPPORT THE SCHOOL.

$29,937 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2025	$3.0M	$786K	$11.0M
2024	$326K	$369K	$11.3M
2023	$3.3M	$461K	$6.9M
2022	$355K	$448K	$3.8M
2021	$68K	$156K	$11.5M

Between 2021 and 2025, reported annual revenue grew from $68K to $3.0M (+4269%), with total assets most recently reported at $11.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MD, MN, MT, NM, PA, VA.

MDMNMTNMPAVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE BRIGHT FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports