funder logo

BRIGHT FUNDS FOUNDATION

BRIGHT FUNDS FOUNDATION

San Jose, CA, US
501(c)3
EIN
46-2109112
Fund Raising & Fund Distribution
funder logo

BRIGHT FUNDS FOUNDATION

San Jose, CA, US
501(c)3
EIN
46-2109112
Fund Raising & Fund Distribution

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$25,639,675

Contributions
>99%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$22,261,639

Grants
96%
Fees to Service Providers
4%
Other
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$85,621,078
$25,501,636
-70%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$82,566
$110,882
+34%
Other
$0
$27,157
-
Total Revenues
$85,703,644
$25,639,675
-70%
Expenses
2023
2024
Change
Grants
$80,693,662
$21,301,298
-74%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$3,176,685
$951,154
-70%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$33,093
$3,973
-88%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$4,533
$5,214
+15%
Total Expenses
$83,907,973
$22,261,639
-73%
Net income
2023
2024
Change
Net income
+$1,795,671
+$3,378,036
+88%
Functional Expenses
Summary
2023
2024
Change
Program
$80,693,662
$22,054,193
-73%
Admin
$414,388
$207,446
-50%
Fundraising
$2,799,923
$0
-100%
Total Expenses
$83,907,973
$22,261,639
-73%
Income Statement
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