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Foundation Lookup

Form 990-PFTax year 2025EIN 47-2581945

The Bright Foundation

A private foundation in Minneapolis, MN. Its return for tax year 2025 lists 5 grants and $583,614 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Jason Bright
225 South 6th Street Suite 4125
Minneapolis, MN 55402
(612) 672-8342
none
Form and materials
None
Deadlines
None
Restrictions
Individuals must be currently enrolled in an education institution and have demonstrated excellence in the areas of science, technology, engineering, mathematics, conflict-resolution, art, writing, and music. The scholar must be above the age of 12. The scholarship must be used towards qualifying educational expenses.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $583,614

    Grants listed
    5
    Assets, end of year
    $11,012,575

  • Tax year 2024

    $220,590

    Grants listed
    3
    Assets, end of year
    $11,289,748

  • Tax year 2023

    $377,000

    Grants listed
    1
    Assets, end of year
    $6,884,862

  • Tax year 2022

    $335,000

    Grants listed
    4
    Assets, end of year
    $3,794,759

  • Tax year 2021

    $132,000

    Grants listed
    2
    Assets, end of year
    $11,475,193

  • Tax year 2020

    $10,000

    Grants listed
    1
    Assets, end of year
    $7,929,427

  • Tax year 2019

    $20,000

    Grants listed
    1
    Assets, end of year
    $1,631,158

  • Tax year 2018

    $20,000

    Grants listed
    1
    Assets, end of year
    $1,193,672

Grants paid in 2025

5 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. University of St ThomasSt Paul, MN

    Engineering scholarship

    $500,000
  2. The McDonough InstituteCharlottesville, VA

    General support

    $39,000
  3. Individual

    Scholarship

    $21,284
  4. Individual

    Scholarship

    $16,750
  5. Individual

    Scholarship

    $6,580

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $500,00093% of the total
  2. Environment1 grant $39,0007% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota1 grant $500,000
  2. Virginia1 grant $39,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Alex MatusevichVICE PRESIDENT/SECRETARY Hours 1Pay $0
  • Jason BrightPRESIDENT/TREASURER Hours 1Pay $0
  • Alex MimisEXECUTIVE DIRECTOR Hours 10Pay $50,000

The return

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