Public Charity

Bright Funds Foundation

Bright Funds Foundation, of SAN JOSE, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $25.6M in revenue, $22.3M in expenses, $10.8M in total assets. 23 publicly reported grants to this organization, totaling roughly $99.8M, appear in IRS filings.

EIN: 462109112 SAN JOSE, CA Latest filing: 2024
Total Revenue$25.6M
Total Expenses$22.3M
Total Assets$10.8M
Grant Records23
Funding Total$99.8M
Filing Years2018–2024

Mission

BRIGHT FUNDS FOUNDATION EXISTS TO EMPOWER PEOPLE TO BE MEANINGFUL, EFFECTIVE, AND ENGAGED PHILANTHROPISTS.

Officers & Directors

SECRETARY Andrew Flachner
TREASURER Cliff Goldstein
President Srinagesh Vitthalana

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$87,023,751 3 grants
For recipient's exempt purpose
$11,960,909 1 grant
General Nonprofit Support
$331,735 2 grants
For grant recipient's exempt purposes
$160,169 3 grants
HUMANITARIAN SUPPORT
$89,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $25.6M $22.3M $10.8M
2023 $85.7M $83.9M $21.3M
2022 $69.9M $68.3M $27.3M
2019 $40.8M $37.0M $16.4M
2018 $30.9M $28.1M $12.2M

Between 2018 and 2024, reported annual revenue declined from $30.9M to $25.6M (-17%), with total assets most recently reported at $10.8M.

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

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