Bright Horizon Foundation

The Bright Horizon Foundation is a private grant-making foundation that supports environmentalist organizations and ostensibly non-partisan groups which are closely aligned with left-progressive and Democratic Party positions on education, increased welfare spending, and foreign policy. Former hedge fund manager1 and board member of the environmentalist Union of Concerned Scientists Louis Salkind2 is the principal funder of Bright Horizon Foundation. 3

Read More

At-A-Glance

Type: Non-profit, 501(c)(3), Private Foundation
Issue Areas: Environmental Policy
Officers:

Louis Salkind and Cynthia Gavenda

Location: Princeton, NJ View on map
Tax ID: 13-4121003
Most Recent Filing: 2024
Budget (2024): Assets: $258,679,944 Revenue: $7,472,428 Expenses: $6,548,855

Contents

    Funding

    In 2018, the Bright Horizon Foundation received $1,255,000 in contributions (exclusively provided by Louis Salkind3) and $3,900,422 in revenue from securities interest and dividends. 4 The same year, the organization possessed $110,317,832 in net assets. 5

    In 2017, Salkind provided contributions totaling $4,126,509. 6

    Grantmaking

    Brookings Institution

    In 2017, Bright Horizon Foundation provided a $100,000 grant to Brookings Institution, a century-old organization devoted to advancing left-leaning and left-of-center research and education in the social sciences, primarily in economics, metropolitan policy, governance, foreign policy, and global economy and development. 7

    Environmentalist Groups

    In 2017, the Bright Horizon Foundation gave the Union of Concerned Scientists a $1,400,000 grant. 7 Lou Salkind, Bright Horizon Foundation’s principal funder, sits on the board of UCS. 2

    In 2017 the Bright Horizon Foundation gave the Conservation Fund a $100,000 grant, the Trust for Public Land a $10,000 grant, and the Natural Resources Defense Council a $1 million grant. 8

    Foreign Policy

    In 2017, the Bright Horizon Foundation gave the Carter Center a $500,000 grant. 7 The foundation also gave the International Crisis Group a $500,000 grant. 7

    Leadership

    Louis Salkind and Cynthia Gavenda serve as the officers of the Bright Horizon Foundation. 9

    Salkind is the principal funder of the foundation and a former manager of the hedge fund provider D.E. Shaw. 1 He sits on the board member of the Union of Concerned Scientists,2 a recipient of substantial Bright Horizon Foundation grants. 8

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $258,679,944 $7,472,428 $6,548,855 View
    2023 $217,680,714 $8,266,109 $8,728,431 View
    2022 $197,606,714 $11,517,637 $10,151,676 View
    2021 $187,795,292 $11,853,298 $4,694,800 View
    2020 $162,869,129 $10,360,403 $6,013,501 View

    Prior year filings: 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Grant Activity

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $76,632,925
    • Number of Grants: 148
    • Number of Recipients: 31

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $6,252,0102024 Fidelity Investments Charitable Gift FundFACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES
    $5,400,0002020 Fidelity Investments Charitable Gift FundFACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES
    $4,783,7752023 Fidelity Charitable Gift FundFACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES
    $4,039,1922021 Fidelity Investments Charitable Gift FundFACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES
    $3,650,0002022 Fidelity Investments Charitable Gift FundFACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES
    $2,000,0002023 Partners In Health a Nonprofit CorporationPROVIDE A PREFERENTIAL OPTION FOR THE POOR IN HEALTH CARE
    $1,000,0002023 Nuclear Threat Initiative IncNONPARTISAN GLOBAL SECURITY ORGANIZATION FOCUSED ON REDUCING NUCLEAR AND BIOLOGICAL THREATS IMPERILING HUMANITY
    $1,000,0002022 Nuclear Threat Initiative IncNONPARTISAN GLOBAL SECURITY ORGANIZATION FOCUSED ON REDUCING NUCLEAR AND BIOLOGICAL THREATS IMPERILING HUMANITY
    $1,000,0002022 Ploughshares Fund IncDEDICATED TO BUILDING A NUCLEAR WEAPON-FREE WORLD BY SUPPORTING THE SMARTEST PEOPLE WITH THE BEST IDEAS FOR PREVENTING THE SPREAD AND USE OF NUCLEAR WEAPONS, AND PREVENTING CONFLICTS THAT COULD LEAD TO THEIR USE
    $600,0002022 Robin Hood FoundationROBIN HOOD FUNDS, SUPPORTS, AND CONNECTS COMMUNITY ORGANIZATIONS TO FUEL NEW YORKERS' JOURNEYS TO PERMANENTLY ESCAPE POVERTY
    $600,0002022 The Carter Center IncCOMMITTED TO HUMAN RIGHTS AND THE ALLEVIATION OF HUMAN SUFFERING
    $500,0002023 Wildlife Conservation SocietyWCS SAVES WILDLIFE AND WILD PLACES WORLDWIDE THROUGH SCIENCE, CONSERVATION ACTION, EDUCATION, AND INSPIRING PEOPLE TO VALUE NATURE
    $500,0002022 International Crisis GroupPURPOSE IS TO PREVENT WARS AND SHAPE POLICIES THAT WILL BUILD A MORE PEACEFUL WORLD
    $500,0002022 Wildlife Conservation SocietyWCS SAVES WILDLIFE AND WILD PLACES WORLDWIDE THROUGH SCIENCE, CONSERVATION ACTION, EDUCATION, AND INSPIRING PEOPLE TO VALUE NATURE
    $500,0002021 Wildlife Conservation SocietyCONSERVE WILDLIFE
    $500,0002020 Wildlife Conservation SocietyCONSERVE WILDLIFE
    $250,0002022 Trust For Public LandCREATE PARKS AND PROTECT LAND FOR PEOPLE, ENSURING HEALTHY, LIVABLE COMMUNITIES FOR GENERATIONS TO COME
    $250,0002022 WILLIAM J BRENNAN JR CENTER FOR JUSTICE INCIMPROVE OUR SYSTEMS OF DEMOCRACY AND JUSTICE
    $200,0002022 Brookings InstitutionTHE PURPOSE IS TO CONDUCT IN-DEPTH RESEARCH THAT LEADS TO NEW IDEAS FOR SOLVING PROBLEMS FACING SOCIETY AT THE LOCAL, NATIONAL AND GLOBAL LEVEL
    $150,0002022 CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACEINTERNATIONAL WORLD PEACE
    $100,0002022 MEDITATION SANS FRONTIERESHEALING AND RECOVERY FOR THE BENEFIT OF ALL
    $50,0002023 James Martin Center for Nonproliferation StudiesCNS STRIVES TO COMBAT THE SPREAD OF WEAPONS OF MASS DESTRUCTION (WMD) BY TRAINING THE NEXT GENERATION OF NONPROLIFERATION SPECIALISTS AND DISSEMINATING TIMELY INFORMATION AND ANALYSIS
    $50,0002023 The Conservation FundPROTECT AMERICA'S MOST CRITICAL LANDS AND WATERS TO PROVIDE GREATER ACCESS TO NATURE, STRENGTHEN LOCAL ECONOMIES AND ENHANCE CLIMATE RESILIENCY.
    $50,0002022 AmericaresAMERICARES SAVES LIVES AND IMPROVES HEALTH FOR PEOPLE AFFECTED BY POVERTY OR DISASTER SO THEY CAN REACH THEIR FULL POTENTIAL
    $50,0002022 Trustees of Princeton University – Alumni Organizations and ClassesSCIENCE AND GLOBAL SECURITY

    Contact InfluenceWatch to report errors, suggest edits, or provide tips for additional profiles.

    Contact Us

    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. Celarier, Michelle. “How a Group of Computer Geeks and English Majors Transformed Wall Street.” Intelligencer. Intelligencer, January 18, 2018. https://nymag.com/intelligencer/2018/01/d-e-shaw-the-first-great-quant-hedge-fund.html.
    2. “Lou Salkind” Union of Concerned Scientists. https://www.ucsusa.org/about/people/lou-salkind
    3. Bright Horizon Foundation, Return of a Private Foundation (Form 990-PF), 2018, Schedule B Part I
    4. Return of Organization Exempt from Income Tax” Guidestar.org. Accessed June 16, Part I, Lines 1-4.
    5. Return of Organization Exempt from Income Tax” Guidestar.org. Accessed June 16, Part III, Line 6.
    6. Bright Horizon Foundation, Return of a Private Foundation (Form 990-PF), 2017, Schedule B Part I
    7. Return of Organization Exempt from Income Tax” Guidestar.org. Accessed June 16, Part XV, Line 3.
    8. Bright Horizon Foundation, Return of a Private Foundation (Form 990-PF), 2017, Part XV, Line 3.
    9. Return of Organization Exempt from Income Tax” Guidestar.org. Accessed June 16, Part VIII, Line 1.