Global Bridge Foundation
- Assets
- $563.8k
- Revenue
- $7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- El Segundo, CA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 95-4703036
Organization Overview
Global Bridge Foundation is located in El Segundo, CA. The organization was established in 1999. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global 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, Global Bridge Foundation generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Global Bridge Foundation has awarded 49 individual grants totaling $549,207. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO OTHER 501(C)(3) ORGANIZATIONS:NEIINDIVISIBLE CIVICSVOTE.ORG
ANNUAL HOLIDAY HOMELESS PROJECT
GRANTS TO HIGH SCHOOL PROJECT (3 INDIVIDUAL GRANTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Strock CEO | 1 | $0 | |
David Knapp CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,548 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,572 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,675 |
| Contributions, gifts, grants paid | $52,725 |
| Total expenses and disbursements | $73,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $563,839 |
| Savings and temporary cash investments | $0 |
| 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 | $563,839 |
| 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, Global Bridge Foundation has awarded $52,725 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ANNUAL HOLIDAY HOMELESS PROJECT PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES AND INDIVIDUALS | $225 |
HUNSAKER PURPOSE: COLLEGE EXPENSES | $1,500 |
FLOURISHING PATH PURPOSE: TO HELP EDUCATE THE PUBLIC ON THE ECOSYSTEM. | $10,000 |
INTERNATIONAL MEDICAL CORPS PURPOSE: PROVIDE MEDICAL CARE FOR PEOPLE AFFLICTED BY DISASTER AND WAR | $10,000 |
SHARE PURPOSE: TO HELP MEET THE NEEDS OF THE HOMELESS. | $10,000 |
ECOSYSTEM RESTORATION PURPOSE: TO HELP EDUCATE THE PUBLIC ON THE ECOSYSTEM. | $11,000 |