BRIDGES IMPACT FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BRIDGES IMPACT FOUNDATION (EIN 81-3815673)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-12
IRS object ID
201843169349303479
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-12T14:39:07-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131655065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND CARR CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1551 FIFTH AVENUE SUITE 400AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10176ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813815673EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIDGES IMPACT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRIDBusinessNameControlTxt
Phone6466907589PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 EIGHTH AVENUE NO 1805AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN TRELSTADPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6466907589PhoneNum
Signature2018-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK MARTENSPreparerPersonNm
PTINP00298107PTIN
Phone2126972299PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.142.140.186IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-07IPDt
IP Tm15:37:50IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6739915D08DDCFCBAFB524ACA5805663362F187EAtSubmissionCreationDeviceId
At Submission Filing Device Id03E3EECF7E65A1A7F99EA68D2AC92F3596A19EA3AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN TRELSTADPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 EIGHTH AVENUE NO 1805AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$371,050GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTO 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.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$41,625PYContributionsGrantsAmt
CY Contributions Grants$250,000CYContributionsGrantsAmt
PY Program Service Revenue$83,018PYProgramServiceRevenueAmt
CY Program Service Revenue$121,050CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$124,643PYTotalRevenueAmt
CY Total Revenue$371,050CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$19,140PYOtherExpensesAmt
CY Other Expenses$52,502CYOtherExpensesAmt
PY Total Expenses$19,140PYTotalExpensesAmt
CY Total Expenses$52,502CYTotalExpensesAmt
PY Revenues Less Expenses$105,503PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$318,548CYRevenuesLessExpensesAmt
Total Assets BOY$105,503TotalAssetsBOYAmt
Total Assets EOY$418,190TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$105,503NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$418,190NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,458ExpenseAmt
Revenue$121,050RevenueAmt
DescIMPACT CAPITAL MANAGERS (ICM) NETWORK OF IMPACT INVESTORS THAT ARE SEEKING TO GENERATE MARKET-RATE FINANCIAL RATE RETURNS ALONGSIDE IMPACT. IN 2017 THE ICM HOSTED TWO MEETINGS WITH OVER 30 FUND MANAGERS REPRESENTED AT EACH, MANAGING OVER $5B IN IMPACT-FOCUSED CAPITAL. THESE MEETINGS ADDRESSED IMPROVING THE SECTOR'S ABILITY TO RAISE FUNDS THROUGH CLARIFYING FINANCIAL AND IMPACT BENCHMARKS, IMPROVING INVESTMENTS AND OPERATIONS BY SHARING DEAL-FLOW AND CO-INVESTMENT OPPORTUNITIES, AND CHARTING A PATH TO FORMALLY ESTABLISH IMPACT CAPITAL MANAGERS BY DEFINING GOVERNANCE AND MEMBERSHIP CRITERIA. THESE MEETINGS SET THE GROUNDWORK FOR THE IMPACT CAPITAL MANAGERS' OFFICIAL LAUNCH IN 2018. THE MBA IMPACT INVESTING NETWORK & TRAINING (MIINT) IS AN EXPERIENTIAL LAB DESIGNED TO GIVE STUDENTS AT BUSINESS AND GRADUATE SCHOOLS A HANDS-ON EDUCATION IN IMPACT INVESTING. IN 2017 THE MIINT PROGRAM ENROLLED OVER 500 STUDENTS FROM 25 GLOBAL BUSINESS SCHOOLS FOR A HANDS-ON ONLINE EDUCATION PROGRAM. THESE STUDENTS HAD THE OPPORTUNITY TO CONDUCT ACTUAL SOURCING AND DILIGENCE ON COMPANIES IN ORDER TO EARN A SPOT AT THE FINAL COMPETITION WHERE 150 STUDENTS FROM EACH OF THE SCHOOLS' TEAMS PRESENTED THEIR WORK FOR A CHANCE TO WIN AN INVESTMENT FOR THEIR COMPANY. IN ADDITION, THESE STUDENTS ALSO HAD THE OPPORTUNITY TO HAVE COFFEE CHATS, OR INFORMAL INTERVIEWS, WITH MIINT PROGRAM JUDGES. THESE MEETINGS ALLOWED STUDENTS TO LEARN MORE ABOUT THE WORK BEING DONE AT THE JUDGES' COMPANIES AS WELL AS OFFERED THEM AN INVALUABLE NETWORKING OPPORTUNITY. 50 STUDENTS ALSO HAD THE OPPORTUNITY TO PARTICIPATE IN A CAREER TREK TO LONDON, NEW YORK CITY, OR SAN FRANCISCO, WHERE THEY SPENT THE DAY MEETING WITH PROFESSIONALS IN THE IMPACT INVESTING SPACE. IMPACT MANAGEMENT PROJECT (IMP) IS A IS A NETWORK OF LEADING ORGANIZATIONS WORKING TOGETHER TO MAINSTREAM IMPACT MEASUREMENT AND MANAGEMENT. IN 2017 THE IMPACT MANAGEMENT PROJECT SPENT TIME CREATING EXTREMELY USEFUL RESOURCES FOR THE IMPACT COMMUNITY. THESE DOCUMENTS, AVAILABLE TO THE PUBLIC, PRESENT ON EMERGING CONSENSUS FOR IMPACT MANAGEMENT AND GOALS, CASE STUDIES IN YOUTH EMPLOYMENT AND OFF-GRID ENERGY, PERSPECTIVES FROM LOCAL MARKETS, CONSTRUCTING A PORTFOLIO, AND AN IMPACT MANAGEMENT GLOSSARY.Desc
Total Program Service Expenses$4,458TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIDGES FUND MANAGEMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127846030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 EIGHTH AVENUE SUITE 1805AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BRIAN TRELSTAD
PRESIDENT10.00Yes (X)Yes (X)$0$0$0
MICHELE GIDDENS
SECRETARY1.00Yes (X)Yes (X)$0$0$0
BRIAN WALSH
TREASURER2.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$250,000AllOtherContributionsAmt
Total Contributions$250,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE FEESDesc
Business900099BusinessCd
Total Revenue Column$121,050TotalRevenueColumnAmt
Related Or Exempt Func Income$121,050RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$121,050TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$371,050TotalRevenueColumnAmt
Related Or Exempt Func Income$121,050RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20,293TotalAmt
Management And General$20,293ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$26,935TotalAmt
Program Services$4,340ProgramServicesAmt
Management And General$22,595ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,320TotalAmt
Management And General$3,320ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$301TotalAmt
Management And General$301ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER EXPENSESDesc
Total$1,653TotalAmt
Program Services$118ProgramServicesAmt
Management And General$1,535ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$52,502TotalAmt
Program Services$4,458ProgramServicesAmt
Management And General$48,044ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$105,503BOYAmt
EOY$418,190EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$105,503BOYAmt
EOY$418,190EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$73,878BOYAmt
EOY$136,683EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$31,625BOYAmt
EOY$281,507EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$105,503BOYAmt
EOY$418,190EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$105,503BOYAmt
EOY$418,190EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$318,548ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$5,861PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$41,625CurrentTaxYearMinus1YearAmt
Current Tax Year$250,000CurrentTaxYearAmt
Total$291,625TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$41,625CurrentTaxYearMinus1YearAmt
Current Tax Year$250,000CurrentTaxYearAmt
Total$291,625TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$268,293SubstantialContributorsTotAmt
Public Support Total170$23,332PublicSupportTotal170Amt
Total Support$291,625TotalSupportAmt
Gross Receipts Rltd Activities$204,068GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BRIAN TRELSTAD, PRESIDENT AND MICHELE GIDDENS, SECRETARY, ARE PARTNERS AND BOARD MEMBERS OF BRIDGES FUND MANAGEMENT.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BFORM 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 12CTHE 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 19BRIDGES IMPACT FOUNDATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,560. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,560. PRODUCTION COSTS: PROGRAM SERVICE EXPENSES 4,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,340. EVENT HOSTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,535. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,535. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,500.

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