California · Nonprofit
BRIC FOUNDATION
BRIC FOUNDATION (California) receives grants from 8 organizations whose IRS filings report $866,678 to it, the largest being MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION ($250,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $2.7M
- Funders on record
- 8
- Grants received
- $867k
- Net assets
- $899k
What Bric Foundation does
Mission
BRIC Foundation has one main goal: to increase representation in Entertainment, Gaming, Media and Tech. By strategically engaging with leaders across these industries, along with Government and Education Partners, BRIC strives to Break, Reinvent, Impact and Change the foundations of these businesses and create inclusive opportunities for women and underrepresented people to be successful.
As stated on its FY2025 Form 990.
Programs
Apprenticeship- We enrolled 23 apprentices into our apprenticeship program and engaged 13 employers. We continued to run the High Roads Training Partnership to expand arts, media, and entertainment apprenticeships for community based organizations, labor unions, and registered apprenticeship programs.
$1,624,577 spentof which $923,822 as grants75% of program spendingOur Pre-Apprenticeship program including a speaker series reaching 540 classrooms nationwide. Supported 12 school districts with curriculum alignment, outreach support, portfolio support, and bootcamps for students from six schools.
$179,163 spentof which $102,531 as grants8% of program spendingEducation Initiatives - We helped over 300 high school students prepare and attend LightBox Expo- the largest concept art/animation conference in the US, launched our digital badging program, and provided educator support for apprenticeship alignment. Hosted more than 35 events reaching more than 3,300 students and emerging creatives. Facilitated more than 100 portfolio reviews, providing students with personalized feedback from industry professionals and studio recruiters. Launched 4 new Digital Badging skills certifications in Budgeting, Scheduling, Creative Production Management, and Graphic Design
$152,829 spent$85,392 earned by the program7% of program spendingCreative Economy- BRIC convenes employers, educators, legislators, and community partners together to advance creative economy careers and workforce needs. We released Reclaiming California's Role in Global Animation, a comprehensive research report that made a compelling case for modernizing California's Film and TV tax credit program to include animation and VFX work.
$113,783 spent$21,372 earned by the program5% of program spendingBRIC Summit- We served 4.5K attendees from 93 countries at the 2025 BRIC Summit virtually and 250 in person during industry day. Over 100 actionable solutions were collaboratively created.
$83,503 spent4% of program spending
The 5 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,153,855.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $769k to $1.3M (+65%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 0% · 2022 0% · 2023 0% · 2024 0% · 2025 51%. Grants only. Government contracts and fees sit inside program revenue.
96% of BRIC FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Nicole Hendrix
Chairman/Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
5 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BRIC FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BRIC FOUNDATION leans on a few funders — its largest provides 29% of grant income and the top three 63%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BRIC FOUNDATION.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
52% of BRIC FOUNDATION's grant income comes from California funders.
Funder states come from each funder’s own filing. $342k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BRIC FOUNDATION has grown faster than three-quarters of the 3,230 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Organizations like BRIC FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
93%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for BRIC FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BRIC FOUNDATION?
- BRIC FOUNDATION (California) receives grants from 8 organizations whose IRS filings report $866,678 to it, the largest being MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION ($250,000). 3 of them have funded it in more than one year.
- How many funders does BRIC FOUNDATION have?
- IRS filings report 8 organizations giving $866,678 in grants to BRIC FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of BRIC FOUNDATION?
- MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
- How can an organization like BRIC FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing