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The Bridgewater Foundation at a glance

· Private foundation

The Bridgewater Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$119k
Granted FY2025still arriving
4
Grants FY2025still arriving
1
States reached
$100k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Health$230kPhilanthropy$186kEnvironment$130kEducation$7kHuman Services$6kArts & Culture$6kReligion$1kRecreation & Sports$1kOther$0
02FY2025 · 4 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k2 grants · $1k
  • $10k–50k1 grant · $18k
  • $50k–250k1 grant · $100k
$17,988
Median grant
1
States reached
$2.2M
Total assets
Largest grants
RecipientAmount
PIEDMONT LAND CONSERVANCY$100,000
COMMUNITY FOUNDATION OF GREATER GREENSBORO$17,988
BLUE RIDGE CONSERVANCY$1,000
BLUE RIDGE PARKWAY FOUNDATION$100
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–22, $156k) land where the poverty rate runs at 16%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%HOSPICE & PALLIATIVE CARE OF GREENSBORO: $50k → 16%HOSPICE & PALLIATIVE CARE OF GREENSBORO: $50k → 16%HOSPICE & PALLIATIVE CARE OF GREENSBORO: $50k → 16%HOSPICE & PALLIATIVE CARE OF GREENSBORO: $1k → 16%GREENSBORO URBAN MINISTRY: $5k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

92%of every dollar goes to organizations it has funded before.
$351k · 5 repeat orgs$31k to everyone else

Grantees it renews have grown median revenue +166% since the first grant, against -2% for those funded once.

5 repeat relationships: 1 still active in FY2025, 4 since wound down; 2 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

5
14

Total granted

$351k
$30k

Median revenue growth · since first grant

+166%
-2%

Still filing today

80%
50%

New vs renewed · share of each year

In FY2025, 99% of grant dollars renewed an existing relationship; $1k went to new ones.

50%100%’17’18’19’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’22’23’24’25
Human ServicesEnvironmentHealthArts & CultureRecreation & SportsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • AC
    AUTHORACARE COLLECTIVE
    4× · 2017–2022 · $151k · revenue +193%
  • PL
    PIEDMONT LAND CONSERVANCY
    3× · 2022–2025 · $129k · revenue +166%
  • CH
    Children's Home Society of North Carolina Inc
    2× · 2017–2018 · $600 · revenue +51%

Funded once

  • TA
    TEXAS A&M
    one grant, 2022 · $7k
  • GU
    GREENSBORO URBAN MINISTRY
    one grant, 2022 · $5k · revenue -26%
  • CH
    CONE HEALTH - ALIGHT PROGRAM
    one grant, 2022 · $5k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Glencoe Regional Health Services

Glencoe regional health services exists to improve every life by offering high-quality, safe, and accessible healthcare. we are dedicated to strengthening healthcare by connecting our communities, enhancing the patient experience,…

Health
2
Granville Health Inc

The purpose of the corporation is to engage in charitable efforts and to support granville health system in providing healthcare and related services to the citizens and residents of granville county and the surrounding community.

Health
3
The Natural Science Center of Greensboro Inc Dba Greensboro Science Center

The mission of the center is inspiring curiosity and connecting communities through science and conservation. we accomplish this by providing ever-evolving experiences where exploration and imagination intersect, igniting a lifelong…

Arts & Culture
4
Three Rivers Land Trust Inc

Protect and conserve land, natural areas, rural landscapes, family farms and historic places within north carolina's heartland

Environment
5
Blue Ridge Healthcare Medical Group Inc

Blue ridge medical group is committed to improving the health of our communities by providing excellent and compassionate care.

Health
6
Carolina Family Health Centers Inc

Carolina Family Health Centers, Inc. provides accessible and affordable health care with excellence...where patients come FIRST

—
7
Greensboro Historical Museum Inc

Together with its diverse communities, the organization collects objects and stories, connects generations, and challenges people to explore our city's past, present and future. the museum sparks wonder through bold exhibitions and…

Arts & Culture
8
The Bladen County Hospital Foundation

The mission of the bladen county hospital foundation is to serve the community by building awareness and philanthropic support for bladen county hospital as it provides compassionate, quality healthcare for all its patients.

—
9
Hospice & Palliative Care Charlotte Region

Our mission is to relieve suffering and improve the quality and dignity of life through compassionate hospice care at the end of life, palliative care for those with advanced illness, and through community education.

Human Services
10
North Platte Nebraska Hospital Corp

To inspire health and healing by putting patients first -- always.

Health
11
Blue Ridge National Heritage Area Inc

Preserving, interpreting, and developing the heritage resources of the North Carolina mountains.

Environment
12
Greensboro Opera Company

Greensboro opera is a community-based company dedicated to fostering the growth of opera and to presenting professional productions of the highest artistic caliber for the enjoyment, education, and enrichment of the triad region of north…

Arts & Culture
How this is measured
The grantee most central to the portfolio’s shape is Community Foundation of Greater Greensboro Inc; the most unlike its peers is Royal Expressions Contemporary Ballet. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

14 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 14 of the 22 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
14/14
Grantees still filing
8/14
Grew since first funded

Where the money sits, by cause and then by grantee

COMMUNITY FOUNDATION OF GREATER GREENSBORO INC: $185,610 · PhilanthropyCOMMUNITY FOUNDATION OF GREATER GREEN…AUTHORACARE COLLECTIVE: $151,000 · Human ServicesAUTHORACARE COLLECTIVE+2 more: $5,600 · Human ServicesPIEDMONT LAND CONSERVANCY: $129,000 · EnvironmentPIEDMONT LAND CONSERVANCY+2 more: $1,100 · EnvironmentCONE HEALTH HEALING GARDENS: $70,000 · OtherCONE HEALTH HEALI…TEXAS A&M: $7,110 · OtherTEXAS A&MCONE HEALTH - ALIGHT PROGRAM: $5,000 · OtherCONE HEALTH - ALI…MOSES CONE HOSPITAL PUBLIC ART FUND: $5,000 · OtherMOSES CONE HOSPIT…+5 more: $1,950 · OtherMUSTARD SEED COMMUNITY HEALTH: $4,000 · HealthHIRSCH WELLNESS NETWORK INC: $250 · Health+1 more: $100 · HealthGREENSBORO PARKS FOUNDATION: $1,000 · Recreation & SportsGREENSBORO LITERARY ORGANIZATION: $500 · Arts & CultureRoyal Expressions Contemporary Ballet: $100 · Arts & Culture
Philanthropy$185,610Human Services$156,600Environment$130,100Other$89,060Health$4,350Recreation & Sports$1,000Arts & Culture$600

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetCOMMUNITY FOUNDATION OF GREATER GREENSBORO INC: $185,610 over 3y, 0.7% of budgetAUTHORACARE COLLECTIVE: $151,000 over 4y, 0.3% of budgetPIEDMONT LAND CONSERVANCY: $129,000 over 3y, 2.2% of budgetGREENSBORO URBAN MINISTRY: $5,000 over 1y, 0.1% of budgetMUSTARD SEED COMMUNITY HEALTH: $4,000 over 1y, 0.6% of budgetGREENSBORO PARKS FOUNDATION: $1,000 over 1y, 0.2% of budgetChildren's Home Society of North Carolina Inc: $600 over 2y, 0.0% of budgetGREENSBORO LITERARY ORGANIZATION: $500 over 2y, 0.1% of budgetHIRSCH WELLNESS NETWORK INC: $250 over 1y, 0.1% of budgetHenderson County & Thermal Belt Habitat for Humanity: $250 over 1y, 0.0% of budgetRoyal Expressions Contemporary Ballet: $100 over 1y, 0.1% of budgetBLUE RIDGE PARKWAY FOUNDATION: $100 over 1y, 0.0% of budgetHSHS Holy Family Hospital: $100 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Weaver Foundation IncHillsdale FundCommunity Foundation …Lincoln Financial Fou…Loomis Family Foundat…Moses H Cone Memorial…Tannenbaum-Sternberge…The Blackbaud Giving …National Philanthropi…The Bank of America C…Vanguard Charitable E…American Online Givin…
Weaver Foundation IncNC15.7× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Weaver Foundation Inc · Hillsdale Fund · Community Foundation of Greater Greensboro Inc · Lincoln Financial Foundation Inc · Loomis Family Foundation Inc · Moses H Cone Memorial Hospital Operating Corporation · Tannenbaum-Sternberger Foundation Inc · The Blackbaud Giving Fund · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Bridgewater Foundation funds: left to right is the share of its income from government, bottom to top the share from The Bridgewater Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    11report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–30%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 22 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Bridgewater’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home