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Nonprofiteer
← BRIGHT FUNDS FOUNDATION

Form 990 for tax year 2022

Filed by BRIGHT FUNDS FOUNDATION.

Totals

Total revenue
$69,853,050
Total expenses
$68,290,248
Contributions and grants received
$69,853,050
Grants paid
$65,916,743
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$27,273,042
Total liabilities, end of year
$3,081,595
Net assets or fund balances, end of year
$24,191,447
Program services expenses (Part IX)
$65,916,743
Management and general expenses
$223,757
Fundraising expenses
$2,149,748
Program service expenses (Part III)
$65,916,743

Program services were 96.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • SRINAGESH VITTHALANA

    President

    Total calculated
    $0
    Hours/week
    3
  • ANDREW FLACHNER

    Secretary

    Total calculated
    $0
    Hours/week
    3
  • CLIFF GOLDSTEIN

    Treasurer

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BRIGHT FUNDS INC

    C corp · COMMERCIAL FUNDRA · CA · 0% owned · share of income $0 · share of assets $0

Provenance

Return type
form_990
Tax year
2022
Filed
16 October 2023
IRS schema version
2022v5.0
Source object
202342909349300144

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