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
Under IRS private-foundation payout rules, Building Bridge Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Jackson County Young Life ($85,000), Jackson County Commissioners Court ($82,100), Comal County Young Life ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BILLY T CATTAN RECOVERY OUTREACH VICTORIA, TX | FOR JACKSON COUNTY RECOVERY COACH AND SUBSTANCE USE COUNSELOR | $60,000 |
| CITY OF EDNA PUBLIC SAFETY EDNA, TX | PROVIDE PUBLIC SERVICES TO THE COMMUNITY | $25,000 |
| COMAL COUNTY YOUNG LIFE NEW BRAUNFELS, TX | TO SUPPORT TRANSPORTATION FOR SUMMER CAMPS | $75,000 |
| COMMUNITIES IN SCHOOLS OF SOUTH CENTRAL TEXAS NEW BRAUNFELS, TX | TO PROVIDE RESOURCES FOR SCHOOL DROPOUT PREVENTION | $75,000 |
| CROSSROADS BUSINESS & EDUCATION CENTER VICTORIA, TX | TO MERGE BUSINESS AND COMMUNITY MEMBERSTO CREATE A PRODUCTIVE WORKFORCE | $5,000 |
| EDNA EDUCATION FOUNDATION EDNA, TX | TO PROMOTE EDUCATION IN THE EDNA COMMUNITY | $27,000 |
| EDNA INDEPENDENT SCHOOL DISTRICT EDNA, TX | EDUCATION FOR ECONOMICALLY DISADVANTAGED CHILDREN | $55,500 |
| FOOD BANK OF THE GOLDEN CRESCENT VICTORIA, TX | PROVIDE FOOD FOR UNDEPRIVELEGED PEOPLE | $40,000 |
| FROM PASSTHROUGH ENTITIES BIRMINGHAM, AL | PASSTHROUGH ENTITY | $132 |
| JACKSON COUNTY COMMISSIONERS COURT EDNA, TX | REDEEMER LUTHERAN CHURCH REDEEMER ROUNDUP AFTER SCHOOL PROGRAM | $82,100 |
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
Frequently Asked Questions
What does Building Bridge Foundation fund?
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
How do I apply for a grant from Building Bridge Foundation?
**Grant Activity:** • Made 29 grants in 2023 • Typical award range: $50,000–$150,000 • Median grant size: $10,700 • Average grant size: $25,400 **Recent Grants (2023):** • Edna Education Foundation: $100,000 (to promote education in the Edna community) • Communities in Schools of South Central Texas: $75,000 (to provide resources for school dropout prevention) • New Braunfels Christian Ministries: $75,000 (to promote Christian ministries) The foundation grants funds to qualifying 501(c)(3) orga…
Where does Building Bridge Foundation make grants?
The foundation primarily funds organizations in Texas and Alabama.
What size grants does Building Bridge Foundation award?
In 2024, Building Bridge Foundation awarded 21 grants totaling $730K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is Building Bridge Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Building Bridge Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Building Bridge Foundation's EIN?
Building Bridge Foundation's EIN (Employer Identification Number) is 84-3631169. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Building Bridge Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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