Logo for InfluenceWatch InfluenceWatch

Donate
Non-profit

Bridges Impact Foundation

Website:

www.bridgesfundmanagement.com/us/bridges-impact-foundation/
Location:

New York, NY
Tax ID:

81-3815673
Tax-Exempt Status:

501(c)(3)

Budget (2020):

Revenue: $288,144
Expenses: $439,243
Assets: $674,593
Formation:

2007
President:

Brian Trelstad

Contact InfluenceWatch with suggested edits or tips for additional profiles.

Bridges Impact Foundation is a financial investment and education group that provides resources and training to promote Environmental, Social, and Corporate Governance (ESG)-related causes in the investment industry. 1

In 2022, the foundation received a grant of $150,044 from the Rockefeller Foundation, a major supporter of left-of-center advocacy groups. 2  The foundation also partners with the United Nations Development Programme, Principles for Responsible Investment, Global Steering Group for Impact Investment, and the International Finance Corporation, a private financing extension of the World Bank. 3

The Bridges Impact Foundation is staffed by individuals affiliated with left-of center causes. The group’s president, Brian Trelstad, has worked for the National Wildlife Federation. 4 Tasha Seitz, a board member, serves as an advisor to Echoing Green, a left-leaning environmentalist group. 5 Michele Giddens, the group’s secretary, and Michael McCreless, a program manager for the foundation, previously worked for the International Finance Corporation. 6 7

Activities

The Bridges Impact Foundation develops and hosts educational forums, trainings, workshops, and other programs to promote Environmental, Social, and Corporate Governance (ESG) activism in finance. 8 9 ESG activism refers to individuals and organizations that advocate for left-of-center environmental policies and social or racial justice philosophies, as part of evaluating business operations.

The foundation sponsors three programs:  the Impact Management Project, Impact Frontiers, and the MBA Impact Investment Network and Training. 10 The Impact Management Project is a network of left-of-center groups seeking to promote ESG. 11 12 Impact Frontiers is an investor education and resource allocation program that works to encourage investors to allocate funds to address “social and environmental challenges” in the world. 13 The MBA Impact Investment Network and Training coordinates educational opportunities on social impact investing for university students in a partnership with the University of Pennsylvania’s Wharton School of Business. 14

The foundation also retains an ownership stake and veto power over the Bridges Fund Management company. 15

Funding

In 2020, the Bridges Impact Foundation reported a total revenue of $288,144, with expenses totaling $439,243, leaving a net income of -$151,099. 16 In 2022, the foundation received a grant of $150,044 from the Rockefeller Foundation to impact social “change in people’s lives and communities.” 17

Partner Organizations

The Bridges Impact Foundation established and maintains a network of social development groups, including the United Nations Development Programme, Principles for Responsible Investment, Global Steering Group for Impact Investment, and the International Finance Corporation, a private-sector auxiliary of the World Bank. 18

People

Brian Trelstad is the president of the Bridges Impact Foundation. 19 He is also on the boards of Candid and Impact Capital Managers. 20 21 Trelstad served as director of the Center for National Service and Environment at the Corporation for National Service, founder and executive director of the Center for Environmental Citizenship, and a regional organizer for the left-leaning environmentalist group National Wildlife Federation. 22 He is formerly a Henry Crown Fellow at the Aspen Institute. 23 24

Michele Giddens is the secretary of the foundation. 25 Giddens previously worked with the International Finance Corporation. 26

Michael McCreless is the program manager for the foundation. 27 He also worked with the International Finance Corporation. 28

Brian Walsh serves as the foundation’s treasurer. 29 Walsh serves as group head of sustainability, managing ESG efforts at the financial firm TP ICAP. 30

Tasha Seitz is a board member for the foundation. 31 Seitz also serves on the investor advisory group of the left-leaning environmentalist group Echoing Green and founding partner of the Chicago branch of Social Venture Partners. 32

References

  1. “Bridges Impact Foundation Ltd. Trustees’ Annual Report & Accounts For the Year Ended 31 March2019.” New York, New York: Bridges Impact Foundation, March 31, 2019.
  2. “Bridges Impact Foundation 2022.” The Rockefeller Foundation, December 12, 2022. https://www.rockefellerfoundation.org/grant/bridges-impact-foundation-2022/
  3. “Impact Foundation.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/bridges-impact-foundation/.
  4. Trelstad, Brian. Brian Trelstad – Greater Boston | Professional Profile | LinkedIn. Accessed December 14, 2022. https://www.linkedin.com/in/brian-trelstad-33721.
  5. Seitz, Tasha. Tasha Seitz – Partner – Impact Engine | LinkedIn. Accessed December 15, 2022. https://www.linkedin.com/in/tashaseitz.
  6. Michele Giddens.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/team/michele-giddens/.
  7. McCreless, Mike. Mike McCreless – Executive Director – Impact Frontiers | LinkedIn. Accessed December 15, 2022. https://www.linkedin.com/in/mike-mccreless.
  8. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  9. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  10. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  11. “Impact Foundation.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/bridges-impact-foundation/.
  12. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  13. Firdaus, Alfian. “About Impact Frontiers.” Impact Frontiers icon frontiers small, August 5, 2020. https://impactfrontiers.org/mission/.
  14. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  15. “Impact Foundation.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/bridges-impact-foundation/.
  16. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  17. “Bridges Impact Foundation 2022.” The Rockefeller Foundation, December 12, 2022. https://www.rockefellerfoundation.org/grant/bridges-impact-foundation-2022/.
  18. “Impact Foundation.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/bridges-impact-foundation/.
  19. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  20. Trelstad, Brian. Brian Trelstad – Greater Boston | Professional Profile | LinkedIn. Accessed December 14, 2022. https://www.linkedin.com/in/brian-trelstad-33721.
  21. “Brian L. Trelstad.” Brian L. Trelstad – Faculty & Research – Harvard Business School. Accessed December 14, 2022. https://www.hbs.edu/faculty/Pages/profile.aspx?facId=1132519.
  22. Trelstad, Brian. Brian Trelstad – Greater Boston | Professional Profile | LinkedIn. Accessed December 14, 2022. https://www.linkedin.com/in/brian-trelstad-33721.
  23. “Brian Trelstad.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/team/brian-trelstad/.
  24. Trelstad, Brian. Brian Trelstad – Greater Boston | Professional Profile | LinkedIn. Accessed December 14, 2022. https://www.linkedin.com/in/brian-trelstad-33721.
  25. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  26. “Michele Giddens.” Bridges Fund Management. Accessed December 14, 2022. https://www.bridgesfundmanagement.com/us/team/michele-giddens/.
  27. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  28. McCreless, Mike. Mike McCreless – Executive Director – Impact Frontiers | LinkedIn. Accessed December 15, 2022. https://www.linkedin.com/in/mike-mccreless.
  29. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  30. Walsh, Brian. Brian Walsh – Group Head of Sustainability – TP ICAP | LinkedIn. Accessed December 15, 2022. https://www.linkedin.com/in/brianjwalsh.
  31. “IRS Form.” Bridges Impact Foundation. Accessed December 14, 2022. https://projects.propublica.org/nonprofits/organizations/813815673/202123129349304422/full
  32.  Seitz, Tasha. Tasha Seitz – Partner – Impact Engine | LinkedIn. Accessed December 15, 2022. https://www.linkedin.com/in/tashaseitz.
  See an error? Let us know!

Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: April 1, 2017

    • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2020 Dec Form 990 $288,144 $439,243 $674,593 $141,534 N $140,000 $147,783 $1 $0
    2019 Dec Form 990 $1,166,768 $483,194 $824,806 $1,163 N $1,033,738 $133,020 $10 $0 PDF
    2018 Dec Form 990 $304,378 $582,499 $140,069 $0 N $182,708 $121,670 $0 $0 PDF
    2017 Dec Form 990 $371,050 $52,502 $418,190 $0 N $250,000 $121,050 $0 $0 PDF
    2016 Dec Form 990EZ $124,643 $19,140 $105,503 $0 $0 $0 $0 $0

    Bridges Impact Foundation


    New York, NY