The Bright Foundation
Accepts applications
The Bright Foundation is a private foundation in Minneapolis, Minnesota. In tax year 2025 it gave $583,614 in 5 grants; the typical grant was $21,284 and the largest $500,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$583,614
- Number of grants5
- Typical grant$21,284
- Largest grant$500,000
- Assets$11.0 million
- New grantees50%
Giving in 2025 was up from $220,590 the year before.
50% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $377,000 | 1 | $6.9 million |
| 2024 | $220,590 | 3 | $11.3 million |
| 2025 | $583,614 | 5 | $11.0 million |
How to apply
| Contact | Jason Bright 225 South 6th Street Suite 4125, Minneapolis, MN 55402 |
|---|---|
| Phone or email | (612) 672-8342 |
| Restrictions | Individuals must be currently enrolled in an education institution and have demonstrated excellence in the areas of science, technology, engineering, mathematics, conflict-resolution, art, writing, and music. The scholar must be above the age of 12. The scholarship must be used towards qualifying educational expenses. |
What The Bright Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 3 | $538,034 |
| Virginia | 1 | $39,000 |
| Montana | 1 | $6,580 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of St Thomas | Engineering scholarship | $500,000 |
| The McDonough Institute | General support | $39,000 |
| Individual | Scholarship | $21,284 |
| Individual | Scholarship | $16,750 |
| Individual | Scholarship | $6,580 |
Officers and trustees
- Alex Matusevich
- Jason Bright
- Alex Mimis
Questions people ask
Does The Bright Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Bright Foundation give?
$583,614 in tax year 2025, across 5 grants, with a typical grant of $21,284.
Who runs The Bright Foundation?
Its 2025 filing lists Alex Matusevich (Vice President/Secretary), Jason Bright (President/Treasurer) and Alex Mimis (Executive Director).
What does The Bright Foundation fund?
Based on its grants, mainly education.