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Bridges Impact Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813815673 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Bridges Impact Foundation?

Bridges Impact Foundation, based in Boston, Massachusetts, is a nonprofit organization devoted to fostering and supporting impact investing, social entrepreneurship, and innovative funding mechanisms. In 2022, they sponsored two programs: Impact Frontiers and the Turner MBA Impact Investing Network and Training (MIINT). Impact Frontiers offered its impact management program to investors globally, launched a new website for community involvement, and initiated consensus-building projects in areas lacking standards. The MIINT, a multi-university course on impact investing, returned to in-person competition at the University of Pennsylvania's Wharton School of Business. With a team of 5 dedicated individuals, Bridges Impact Foundation aims to create educational forums, conduct research, and develop collaborations to effect social change.


Is Bridges Impact Foundation legitimate?

Bridges Impact Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridges Impact Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $171,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,102

For more financial information, click here


What is the mission statement of Bridges Impact Foundation?
Who is the CEO of Bridges Impact Foundation?
What is the revenue of Bridges Impact Foundation?
Who are the executives of Bridges Impact Foundation and what are their salaries?
Where can I find the form 990 for Bridges Impact Foundation?

Mission Statement of Bridges Impact Foundation

Bridges Impact Foundation is dedicated to fostering and supporting the development of impact investing, social entrepreneurship, and innovative funding mechanisms to drive social change. The organization achieves this mission through various activities, including organizing educational forums, trainings, workshops, and programs. These initiatives aim to equip individuals and organizations with the necessary knowledge and skills to effectively utilize these funding mechanisms for social good.

In addition to educational endeavors, Bridges Impact Foundation also conducts and disseminates research in this field. They collect, support, publish, and disseminate data on impact investing and social entrepreneurship, contributing to the broader understanding of these concepts and their effectiveness in promoting social change. Furthermore, the foundation develops and promotes collaborations, relationships, and field-based programs to facilitate the sharing of best practices and resources among organizations working towards similar goals.

By engaging in these activities, Bridges Impact Foundation seeks to support the growth and impact of impact investing, social entrepreneurship, and other innovative funding mechanisms. Their ultimate objective is to leverage these tools to drive meaningful social change and improve the lives of people and communities around the world.

Impact

This information is meant to be a general summary of Bridges Impact Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Bridges Impact Foundation fosters and supports the development of impact investing, social entrepreneurship, and other innovative funding mechanisms to effect social change. Through educational forums, trainings, workshops, research initiatives, and collaborations, the foundation plays a pivotal role in advancing these fields. In 2022, the foundation sponsored programs such as Impact Frontiers and the MBA Impact Investment Network and Training (The Turner MIINT), reaching investors globally and pioneering new projects to enhance impact management practices. The Turner MIINT, in partnership with the University of Pennsylvania's Wharton School of Business, continues to be a leading multi-university course on impact investing, fostering knowledge and expertise in this area worldwide. By driving initiatives like these, Bridges Impact Foundation is making a significant impact in promoting socially responsible investing and entrepreneurship for the betterment of communities worldwide.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $659,513
  • Gross Receipts: $1,189,557

    • Assets and Liabilities:
  • Total Assets: $773,665
  • Total Liabilities: $158,971
  • Net Assets: $614,694
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE FEES

    Revenue

    $659,513

    Organization Details

    Founding Year

    2016

    Principal Officer

    Michael Mccreless

    Main Address

    125 HIGH STREET 220, BOSTON, MA, 02110

    NTEE Category

    Code: T50 - Philanthropy

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