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Bridgewater Foundation is a private corporation based in GREENSBORO, NC. The foundation received its IRS ruling in 2009. The principal officer is Gustav C Magrinat. It holds total assets of $2.1M. Annual income is reported at $363K. Total assets have grown from $332K in 2011 to $2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Bridgewater Foundation has made 16 grants totaling $75K, with a median grant of $1K. Individual grants have ranged from $100 to $25K, with an average award of $5K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in North Carolina, Texas, Indiana, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bridgewater Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NC, TX, IN.
Bridgewater Foundation has distributed a total of $75K across 16 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $100 to $25K.
Bridgewater Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bridgewater Foundation is headquartered in GREENSBORO, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gustav C Magrinat | TREASURER | $0 | $0 | N/A |
| Thomas E Magrinat | SECRETARY | $0 | $0 | N/A |
| Mary B Magrinat | PRESIDENT | $0 | $0 | N/A |
Total Giving
$129K
Total Assets
$2M
Fair Market Value
$2.3M
Net Worth
$2M
Grants Paid
$113K
Contributions
N/A
Net Investment Income
$68K
Distribution Amount
$109K
Total: $1.8M
Total Grants
16
Total Giving
$75K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
16
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Piedmont Land ConservancyCONSERVE WATERWAYS, NATURAL AREAS, WILDLIFE HABITAT | Greensboro, NC | $25K | 2022 |
| Cone Health Healing GardensGRANTS TO BUILD HEALING GARDEN AT THE CONE HEALTH CANCER CENTER TO ENHANCE HEALING. | Greensboro, NC | $20K | 2022 |
| Texas A&MTHE TEXAS A&M FOUNDATION BUILDS A BRIGHTER FUTURE FOR TEXAS A&M UNIVERSITY, ONE RELATIONSHIPAT A TIME. | College Station, TX | $7K | 2022 |
| Cone Health - Alight ProgramPROVIDES DIRECT FINANCIAL ASSISTANCE FOR ALL QUALIFIED CANCER PATIENTS. | Greensboro, NC | $5K | 2022 |
| Greensboro Urban MinistrySERVE THE HUNGRY, HOMELESS & NEEDY | Greensboro, NC | $5K | 2022 |
| Moses Cone Hospital Public Art FundTO ENHANCE THE CAMPUS WITH INSPIRING ART INSTALLATIONS | Greensboro, NC | $5K | 2022 |
| Mustard Seed Community HealthPROVIDES FRIENDLY, LOW-COST OR NO-COST HEALTHCARE RESOURCES CLOSE TO HOME. | Greensboro, NC | $4K | 2022 |
| Greensboro Parks FoundationDEDICATED TO SUPPORTING GREENSBORO PARKS AND RECREATION PROGRAMS AND PROJECTS THAT CREATE A HEALTHIER ENVIRONMENT FOR PEOPLE, PLANTS, AND ANIMALS, CELEBRATE HISTORY, AND ATTRACT NEW ECONOMICINVESTMENT. WE HELP RAISE FUNDS AND AWARENESS FOR THE PARKS VIA SPECIAL EVENTS, COMMUNITYOUTREACH, FISCAL PARTNERSHIPS AND COLLABORATIVE PROJECTS. | Greensboro, NC | $1K | 2022 |
| St Paul The Apostle ChurchST. PAUL THE APOSTLE CHURCH WAS FOUNDED IN 1974 IN ORDER TO SERVE THE GROWING NUMBER OF CATHOLICS IN THE NORTHWEST GUILFORD COUNTY AREA. | Greensboro, NC | $1K | 2022 |
| Hospice & Palliative Care Of GreensboroENHANCE QUALIFY OF LIFE FOR THOSE AFFECTED WITH ILLN | Greensboro, NC | $1K | 2022 |
| Habitat For HumanityBUILD AFFORDABLE HOUSING IN PARTNERSHIP WITH PEOPLE | Greensboro, NC | $250 | 2022 |
| Greensboro Literary OrganizationTHE MISSION OF GREENSBORO LITERARY ORGANIZATION IS:-BRING READERS AND WRITERS TOGETHER THROUGHOUT THE YEAR-GET AUTHORS AND THEIR BOOKS IN FRONT OF STUDENTS-PRODUCE THE GREENSBORO BOUND LITERARY FESTIVAL-PROMOTE INCLUSIVITY BY PRODUCING PROGRAMS THAT CONFRONT SYSTEMIC RACISM AND OPPRESSION, IN OUR COMMUNITY AND BEYOND. | Greensboro, NC | $250 | 2022 |
| Hirsch Wellness NetworkHIRSCH WELLNESS SUPPORTS THE EMOTIONAL AND PHYSICAL NEEDS OF CANCER SURVIVORS, PATIENTS IN TREATMENT, AND CAREGIVERS BY PROVIDING THERAPEUTIC ARTS AND WELLNESS PROGRAMS THAT CELEBRATE THE POWER OF SELF-EXPRESSION AND SELF-HEALING TO CULTIVATE STRENGTH, RENEW SPIRIT, AND FOSTER HOPE. | Greensboro, NC | $250 | 2022 |
| Congregation Of Holy CrossWORKING TO "MAKE GOD KNOWN, LOVED, AND SERVED, AND THUS SAVE SOULS." AS APOSTOLIC RELIGIOUS BROTHERS AND RELIGIOUS PRIESTS AT THE SERVICE OF THE UNIVERSAL CHURCH, WE GO WHEREVER THE SPIRIT AND THIS MISSION LEAD US. | Notre Dame, IN | $100 | 2022 |
| Royal Expressions Contemporary BalletTO INSPIRE GOOD CHARACTER AND HEALTHY LIVING THROUGH PROGRAMS THAT CELEBRATE THE LOVE AND JOY OF DANCE. | Greensboro, NC | $100 | 2022 |
| You Make A DifferenceESTABLISHED TO BE AND INSPIRE OTHERS TO BE SEEDS OFPOSITIVE | Colorado Springs, CO | $100 | 2022 |