Learning Bridge Foundation
- Assets
- $4.9m
- Revenue
- $171.4k
- Investments
- $3.1m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 45-3338798
Organization Overview
Learning Bridge Foundation is located in Tulsa, OK. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Bridge Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Learning Bridge Foundation generated $171.4k in total revenue. All expenses for the organization totaled $308.1k during the year ending 12/2021.
Since 2018, Learning Bridge Foundation has awarded 67 individual grants totaling $453,533. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Phillips President | 1 | $0 | |
Matt Theis Vice-President | 1 | $0 | |
Melinda Phillips Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,269 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,085 |
| Capital Gain Net Income | $117,085 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $171,354 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,451 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68 |
| Total operating and administrative expenses | $38,447 |
| Contributions, gifts, grants paid | $269,633 |
| Total expenses and disbursements | $308,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,385 |
| Savings and temporary cash investments | $1,663,767 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,863,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Learning Bridge Foundation has awarded $269,633 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY (PROJECT SANTA) PURPOSE: GENERAL SUPPORT | $30,000 |
Tulsa, OK PURPOSE: GENERAL SUPPORT | $30,000 |
OSU FOUNDATION (BRIGHTER FUTURE FUND) PURPOSE: GENERAL SUPPORT | $25,000 |
PEACE BY PIECE THRIFT STORE PURPOSE: GENERAL SUPPORT | $20,000 |
Montgomery, AL PURPOSE: GENERAL SUPPORT | $15,000 |
Tulsa, OK PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Voluntary Interdistrict Choice Corporation Saint Louis, MO | $12,736,595 | $40,180,054 |
Wiley College Marshall, TX | $47,591,110 | $22,498,532 |
Meadow Oaks Education Foundation Mesquite, TX | $6,337,401 | $20,503,410 |
Harold E Riley Foundation Fort Worth, TX | $357,850 | $584,984 |
Compass Rose Education Inc San Antonio, TX | $15,459,454 | $19,431,467 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |