Building Bridge Foundation
Building Bridge Foundation is a private 501(c)(3) grantmaking foundation based in New Braunfels, Texas. Established in 2020, the organization operates as a corporate foundation of COLERE INVESTMENTS LLC, based in San Antonio, Texas. The foundation distributes grants to qualifying 501(c)(3) organizations to support their tax-exempt purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.9M
+1.7% YoY
Annual Giving
$730K
-9.7% YoY
Grant Count
21
-25.0% YoY
Avg Grant Size
$35K
+20.5% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on its grantmaking activity, Building Bridge Foundation focuses on:
- Higher education scholarships
- Temporary housing assistance
- Rebuilding family shelters following fire damage
- Christian ministries and nonprofits
- School dropout prevention
- Community education initiatives
Grantmaking
The foundation grants funds to qualifying 501(c)(3) organizations to further their tax-exempt purposes.
Grant Range
$10,700
Average Grant
$25,400
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas and Alabama.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $19.6–$20.5 million
- Total Revenue: $670,900–$720,000
- Total Expenses: $1.58 million
- Total Giving: $730,232–$808,335
- Total Liabilities: $12,400
Staffing:
- 0 employees (operates with volunteer or external administrative support)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,886,589 | $19,560,773 | $20,513,419 |
| Revenue | $2,486,209 | $719,917 | $670,870 |
| Expenses | $1,595,213 | $1,579,956 | $1,501,792 |
| Qualifying Distributions | $1,024,443 | $1,068,825 | $1,015,922 |
| Net Investment Income | $431,710 | $321,617 | $87,337 |
| Distributable Amount | $1,002,098 | $992,327 | $1,020,289 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
119 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Preston W. Atkinson – President
- Malori Sapio – Secretary
- Robin L. Atkinson – Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PRESTON W ATKINSON | PRESIDENT | 5 | — |
| MALORI SAPIO | SECRETARY | 5 | — |
| ROBIN L ATKINSON | TREASURER | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been actively distributing grants, with 29 grants awarded in 2023. The most recent tax filings were submitted in December 2023, reflecting ongoing grantmaking operations.
Five Grants Awarded to Organizations Dedicated to \u2018Building Bridges\u2019\Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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