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 manager[1] and board member of the environmentalist Union of Concerned Scientists Louis Salkind[2] is the principal funder of Bright Horizon Foundation. [3]
Funding
In 2018, the Bright Horizon Foundation received $1,255,000 in contributions (exclusively provided by Louis Salkind[4]) and $3,900,422 in revenue from securities interest and dividends. [5] The same year, the organization possessed $110,317,832 in net assets. [6]
In 2017, Salkind provided contributions totaling $4,126,509. [7]
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. [8]
Environmentalist Groups
In 2017, the Bright Horizon Foundation gave the Union of Concerned Scientists a $1,400,000 grant. [9] Lou Salkind, Bright Horizon Foundation’s principal funder, sits on the board of UCS. [10]
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. [11]
Foreign Policy
In 2017, the Bright Horizon Foundation gave the Carter Center a $500,000 grant. [12] The foundation also gave the International Crisis Group a $500,000 grant. [13]
Leadership
Louis Salkind and Cynthia Gavenda serve as the officers of the Bright Horizon Foundation. [14]
Salkind is the principal funder of the foundation and a former manager of the hedge fund provider D.E. Shaw. [15] He sits on the board member of the Union of Concerned Scientists,[16] a recipient of substantial Bright Horizon Foundation grants. [17]