Brighthouse Financial Foundation

Organization Overview

Brighthouse Financial Foundation is located in Charlotte, NC. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brighthouse Financial 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, Brighthouse Financial Foundation generated $1.7m in total revenue. All expenses for the organization totaled $901.1k during the year ending 12/2021. While expenses have increased by 17.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Brighthouse Financial Foundation has awarded 60 individual grants totaling $2,208,705. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,000,000
Interest on Savings $0
Dividends & Interest $126,376
Net Rental Income$0
Net Gain on Sale of Assets $525,098
Capital Gain Net Income $525,098
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,651,474

Grants Awarded

Over the last fiscal year, Brighthouse Financial Foundation has awarded $828,000 in support to 19 organizations.

Grant RecipientAmount

HABITAT FOR HUMANITY CHARLOTTE

PURPOSE: GENERAL OPERATING PURPOSE

$85,000

RIGHT MOVES FOR YOUTH

Org PageRecipient Profile

Charlotte, NC

PURPOSE: GENERAL OPERATING PURPOSE

$60,000

ARIZONA FOOD BANK NETWORK

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: GENERAL OPERATING PURPOSE

$50,000

CAROLINA YOUTH COALITION

Org PageRecipient Profile

Charlotte, NC

PURPOSE: GENERAL OPERATING PURPOSE

$50,000

A KID'S PLACE

PURPOSE: GENERAL OPERATING PURPOSE

$50,000

FOOD BANK FOR NEW YORK CITY

PURPOSE: GENERAL OPERATING PURPOSE

$50,000
View Grant Profile

Peer Organizations

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