2019-11-11T15:00:21-06:00 2018-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2018-01-01 813815673 BRIDGES IMPACT FOUNDATION BRID 2123805509 21 WEST 46TH STREET NEW YORK NY 10036 BRIAN TRELSTAD PRESIDENT 6466907589 2019-11-07 1 FREDERICK MARTENS P00298107 2126972299 38.142.140.186 2019-11-07 13:59:31 ES P 346D1650512CA940E5FAB8343674F12C8357897F 03E3EECF7E65A1A7F99EA68D2AC92F3596A19EA3 2018 2020-03-31 21:24:44Z X BRIAN TRELSTAD 21 WEST 46TH STREET NEW YORK NY 10036 304378 0 X N/A X 2016 DE TO FOSTER AND SUPPORT THE DEVELOPMENT OF IMPACT INVESTING, SOCIAL ENTREPRENEURSHIP, AND OTHER INNOVATIVE FUNDING MECHANISMS TO EFFECT SOCIAL CHANGE BY, AMONG OTHER ACTIVITIES, (A) CREATING AND FACILITATING EDUCATIONAL FORUMS, TRAININGS, WORKSHOPS AND PROGRAMS, (B) CONDUCTING, COLLECTING, SUPPORTING, PUBLISHING AND DISSEMINATING RESEARCH, (C) AND DEVELOPING AND PROMOTING COLLABORATIONS, RELATIONSHIPS AND FIELD-BASED PROGRAMS. 3 1 0 3 0 0 250000 182708 121050 121670 0 0 0 0 371050 304378 0 0 0 0 0 0 0 0 0 52502 582499 52502 582499 318548 -278121 418190 140069 0 0 418190 140069 X TO FOSTER AND SUPPORT THE DEVELOPMENT OF IMPACT INVESTING, SOCIAL ENTREPRENEURSHIP, AND OTHER INNOVATIVE FUNDING MECHANISMS TO EFFECT SOCIAL CHANGE BY, AMONG OTHER ACTIVITIES, (A) CREATING AND FACILITATING EDUCATIONAL FORUMS, TRAININGS, WORKSHOPS AND PROGRAMS, (B) CONDUCTING, COLLECTING, SUPPORTING, PUBLISHING AND DISSEMINATING RESEARCH, (C) AND DEVELOPING AND PROMOTING COLLABORATIONS, RELATIONSHIPS AND FIELD-BASED PROGRAMS. 0 0 575450 121670 IMPACT CAPITAL MANAGERS (ICM) - IS A NETWORK OF IMPACT INVESTORS IN NORTH AMERICA THAT HAS FORMED A NEW INDEPENDENT ENTITY. BRIDGES IMPACT FOUNDATION (BIF) INCUBATED THE ACTIVITIES AND TRANSITIONED IT INTO A NEW ENTITY WITH OVER 40 MEMBERS AT THE END OF DECEMBER 2018. THE MBA IMPACT INVESTING NETWORK & TRAINING (MIINT) - WE OPERATE THE WORLD'S LARGEST AND MOST EFFECTIVE MULTI-UNIVERSITY COURSE ON IMPACT INVESTING, REACHING 500 STUDENTS A YEAR IN PARTNERSHIP WITH THE WHARTON SOCIAL IMPACT INVESTING INITIATIVE AT THE UNIV. OF PENNSYLVANIA.IMPACT MANAGEMENT PROJECT (IMP) - THE BIF REMAINS A KEY CONTRIBUTOR TO THE DEVELOPMENT OF THE IMPACT MANAGEMENT PROJECT FRAMEWORK, A GLOBAL COLLABORATION TO SET THE STANDARDS FOR MEASURING AND REPORTING IMPACT. 575450 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 NY X BRIDGES FUND MANAGEMENT 2123805509 21 WEST 46TH STREET NEW YORK NY 10036 X BRIAN TRELSTAD PRESIDENT 10.00 X X 0 0 0 MICHELE GIDDENS SECRETARY 1.00 X X 0 0 0 BRIAN WALSH TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 BRIDGES VENTURES INC 21 WEST 46TH STREET NEW YORK NY 10036 PROGRAM AND ADMINISTRATIVE SERVICES 393365 1 182708 182708 PROGRAM SERVICE FEES 900099 121670 121670 121670 304378 121670 0 0 X 545837 538788 7049 20244 20244 16418 16418 582499 575450 7049 0 418190 140069 418190 140069 0 0 X 136683 76648 281507 63421 418190 140069 418190 140069 -278121 0 X 1 X 0 0 0 X 41625 250000 182708 474333 41625 250000 182708 474333 398279 76054 474333 325738 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED BRIDGES VENTURES INC COMPANY OWNED BY BOARD MEMBERS BRIAN TRELSTAD AND MICHELE GIDDENS 393365 RELATED TRANSACTIONS TO BRIDGES VENTURES INC, WHICH IS A WHOLLY OWNED SUBSIDIARY OF BRIDGES FUND MANAGEMENT, OF WHICH BOTH BRIAN TRELSTAD AND MICHELE GIDDENS ARE PART-OWNERS AND BOARD MEMBERS. ALL TRANSACTIONS BETWEEN THE BRIDGES IMPACT FOUNDATION AND BRIDGES VENTURES INC ARE MEMORIALIZED IN A SERVICE AGREEMENT AND ALL SERVICES ARE RENDERED AND DIRECT COSTS REIMBURSED AT COST. 0 FORM 990, PART VI, SECTION A, LINE 2 BRIAN TRELSTAD, PRESIDENT AND MICHELE GIDDENS, SECRETARY, ARE PARTNERS AND BOARD MEMBERS OF BRIDGES FUND MANAGEMENT. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS, IS REVIEWED BY THE PRESIDENT, AND THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO THE CORPORATION'S DIRECTORS, OFFICERS, AND KEY EMPLOYEES ("COVERED PERSONS"). EACH COVERED PERSON IS REQUIRED TO ACKNOWLEDGE, NOT LESS THAN ANNUALLY, THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THE POLICY. WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED COVERED TRANSACTION, HE OR SHE HAS A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH COVERED TRANSACTION IN WRITING, EITHER TO THE CORPORATION'S BOARD OF DIRECTORS (THE "BOARD") OR ANY AUTHORIZED COMMITTEE THEREOF; (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE CORPORATION TO ENTER INTO THE COVERED TRANSACTION; AND (C) PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION WITH DIRECTORS, OFFICERS, AND EMPLOYEES OF THE CORPORATION AND AT MEETINGS OF THE BOARD OR AUTHORIZED COMMITTEE THEREOF, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE COVERED TRANSACTION. IN ORDER TO ASSIST THE CORPORATION IN IDENTIFYING POTENTIAL COVERED TRANSACTIONS, EACH COVERED PERSON IS REQUIRED TO ANNUALLY COMPLETE A DISCLOSURE STATEMENT, AND TO UPDATE SUCH STATEMENT AS NECESSARY TO REFLECT CHANGES DURING THE COURSE OF THE YEAR. COMPLETED DISCLOSURE STATEMENTS ARE AVAILABLE FOR INSPECTION BY ANY MEMBER OF THE BOARD AND MAY BE REVIEWED BY THE CORPORATION'S LEGAL COUNSEL. THE BOARD IS RESPONSIBLE FOR THE FOLLOWING: (A) REVIEWING DISCLOSURE STATEMENTS OR REPORTS REGARDING SAME; (B) RECEIVING DISCLOSURES OF PROPOSED COVERED TRANSACTIONS; (C) REVIEWING PROPOSED COVERED TRANSACTIONS TO DETERMINE WHETHER THEY MEET THE STANDARD FOR APPROVAL OF COVERED TRANSACTIONS; AND (D) KEEPING, OR CAUSING TO BE KEPT, MINUTES AND SUCH OTHER DOCUMENTATION AS MAY BE NECESSARY AND APPROPRIATE TO DOCUMENT THE REVIEW OF COVERED TRANSACTIONS. FORM 990, PART VI, SECTION C, LINE 19 BRIDGES IMPACT FOUNDATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,049. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,049. OUTSOURCED PERSONNEL AND RELATED COSTS: PROGRAM SERVICE EXPENSES 373,209. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 373,209. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 165,579. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 165,579.