Financial Overview Bridges does not seek or receive federal or state funding. In the <strong>2014</strong>-<strong>2015</strong> fiscal year, our income was received from one annual appeal, the Brown Bag Bash (a fundraising event), foundation grants, individual donors, matching gifts, and interest income. Donations: Bridges received and distributed donations of more than 63,000 brown bag meals including 13,000 sustainable lunches, 2,500 seasonal items including coats, boots, pajamas and toys for sheltered children. Literally tons of donated clothing were also distributed. Our donors include groups from houses of worship, clubs, schools, corporations, and individuals. Through careful inventory of our distribution, we estimate the value of these donations to be $529,808. Overhead: Administration and fundraising are 11.8% of our overall expenses. Income Contributions: 23% Grants: 21% Fundraising Event: 12% Grant Awards: Bridges gratefully acknowledges the following foundations and corporations for their financial support. Central Presbyterian Prudential Foundation Church, Summit PSEG Christ Church (Summit) Board Reitman Foundation of World Fellowship Rotary Club of Madison Christ Church, Summit Crowe Horwath Foundation Select Equity Group Foundation George A. Ohl Foundation Summit Area Public Hillsdale Fund, Inc. Foundation Investors Bank Summit Luminary Fund J.C. Kellogg Foundation The Healthcare Foundation Junior League of Summit of New Jersey Lena Willis Mission Fund The Hyde and Watson Ludwick Family Foundation Foundation The Thomas and Agnes Carvel Foundation Lydia Collins deForest Charitable Trust Merrill Lynch Bank of America PIMCO Foundation Provident Bank Tiger Baron Foundation Tudor Foundation Zygmunt & Audrey Wilf Foundation Expenses Program: 88% Management and General: 8% Fundraising: 4% Donated Goods and Services: 44% Income <strong>2014</strong>-<strong>2015</strong> Income: Total income for the fiscal year ending May 31, <strong>2015</strong>, is $1,203,985 including donated goods. Expenses <strong>2014</strong>-<strong>2015</strong> Expenses: Total Expenses for the fiscal year ending May 31, <strong>2015</strong>, are $1,055,533 including donated goods. Program Expenses include but are not limited to: purchase of new goods, storage of donated and new goods, direct program salaries, truck and related expenses, volunteer training and shelter programs. Financial Overview Independent Audit: An independent audit of financial statements for the fiscal year ending May 31, <strong>2015</strong>, was conducted by James Wood, CPA. A full copy of the audit is available upon request.
Financial Contributors With thanks to our financial contributors – June 1, <strong>2014</strong>, to May 31, <strong>2015</strong> Bridge Builder $10,000+ Healthcare Foundation of NJ Ludwick Family Foundation Lutheran Church of Redeemer Lydia Collins deForest Charitable Trust PIMCO Foundation Prudential Foundation Reitman Foundation Santana, Margaret and Chris Select Equity Group Foundation Summit Area Public Foundation Thomas & Agnes Carvel Foundation Trangucci, Harriet and Neale Tudor Foundation, Inc. Worden, Ginger and Geoff Zygmunt & Audrey Wilf Foundation Founder’s Circle $5,000 – $9,999 Bank of America Barry, Jennifer and Michael Central Presbyterian Church, Summit Christ Church Summit Damodaran, Michele and Aswath George A. Ohl, Jr. Trust Investors Bank Hyde & Watson Foundation Kaplan Sisters Foundation Malik, Amy and Aamir Provident Bank Foundation PSEG Ragan, Mary Rissman, Donna Conforti and Paul Rosen Kelly Conway Architecture and Design Sannini, Coni Frezzo and Ed Schor, Lori and Josh Yellow Truck Society $2,500 – $4,999 Crowe Horwath Foundation Ephraimson, Karen and Hans Hillsdale Fund Inc. Ikaria, Inc. J.C. Kellogg Foundation LaFontaine, Anne and Brian Maltby, Betsy and Jason McGrath, Joe and Chris MCJ Amelior Foundation Penske, Kathy and Roger R & R Marketing – Charmer-Sunbelt Group Smith, Victoria and Peter Summit Luminary Fund Williams, Maria and Evan Run Sponsor $1,000 – $2,499 Armitt, Stefanie Beckmen, Janice and Jeff Beier, Robin and Ray Block, Amanda Parrish and Michael Connor, Patricia and Josh David Bershad Family Foundation, Inc. Dickson, Mr. Henry and Mayor Ellen Dwyer, Helen and David Eller, Brian and Stephanie Fidelity Charitable Gift Fund Fortress Investment Group Galiardo, Christine and Rick Gambro, Joan and Mike Greene, Amanda and Tom Grubman Compton Foundation Hardman, Cassandra Hartshorn Elementary School Herendeen, Kristin and Paul Hersh, Lora and Jeff Hill, Mary and Bob Jacobs, Meg and Howard Junior League of Summit Kaplan, Kim and Matt Keller, Michelle and James Kellogg Foundation, Peter R. and Cynthia K. Klingeman, Nancy and Henry Kolarik, Jane Kriegman, Elizabeth and Andrew Lawler, Kara and Patrick Loh, Lai and Hong Lowenstein, Liz and David Lynch, Barbara Mallaney, Cathleen McCaffery, Coleen and Dave Morgan Stanley Moriarty, Lisa Grattan and Bob New Jersey Business & Industry Association Nussbaum, Carrie and Jed Pullan, Rowena and Rob Quinn, Jane and Kevin Radutzky, Kathryn and Michael Raincsuk, Heather and William Randazzo, Pam and Frank Rotary Club of Madison Schaffer, Laura and Jeff Sleeman, Kim and Andrew Smith, Sheila and Albert Tiger Baron Foundation Tulloch, Beth and Dan Unitarian Church in Summit Wakefern Food Corporation Weinreich, Robie and Josh Winterbottom, Elizabeth and Kimo Brown Bag Partner $500 – $999 Adelman, Christie and Mark Allen W Roberts Elementary School Altmark, Jill and Stanley Angle, Carol and Brian Barber, Bridget and Rob Beckerman, Wendy and Jeff Begley, Clare Bhatt, Lois and Sandeep Birosak, Christopher Blaesser, Lynne and Don Bonnet, Veronica and Mike Brodow, Ann and Mats Brown, Nancee and Nick Buckley, Marjorie and Walter Buckner, Gladys and Troy Bunker, Teri Cairns, Amy and Christopher Harrison Capanna, Deborah and Derek Caputo, Patty and Steve Chodorcoff Family Fund of the Community Foundation of NJ Clark, Liz and John Cohen, Mindy Coleman, Angela and Dennis Culligan, Jumana and Brendan Curtis, Nancy and Harry Daeschler, Joan and Bob Davisson, Shannon and Rich Donnellan, Susan and Pat Edell, Catrin and Gregg Esquivel, Jacqueline and Raul Fastov, Jeanine and Igor Finan, Heather and Terence Finkel, Robert First Presbyterian Church, Cranford Fisch, Anna Fitzpatrick, Paige Foster, George Foussianes, Fran and George Franklin, Maggie and Chris Fromm, Laura and Stephen Futterweit, Jill and Marc Garber, Clare and Glenn Gianchandani, Cathy and Alkesh Ginsburg, Julie and Brian Goldstein, Ellen and Richard Gooby, Francesca and Steve Grabowski, Cheryl and Chip Grapkowski, Robin and Andy Gumport, Pam and Michael Hakes, Ellen and Thomas Hardy, Vivien and Cary Hayes, Pam Hildebrandt, Suzanne Hilton, Karen and Jim Kammerbauer, Anton Kehoe, Julie and Clarence Klaif, Diane and Mitch Mandelbaum, Lianne and Richard Marchese, Tony and Meg Maultsby, Polly and Lex McKenna, Charlie Mead, Liz and Malcolm Meiring, Sarah and Paul Monaghan, Thomas Monteith, Agnes and David Monteith, Agnes Moore, Ellen and Bob Moriarty, Diane and Tom Nortillo, Linda Sue Pfarrer Charitable Foundation Olson, Shelley and Brad O’Neill, Tara Oratory Prep, Patterson, Jennie Lewis and Mark Pearsall, Tammy Powar, Maria and David Presbyterian Church, Westfield Present, Susan and Doug Present Family Foundation, Inc. Radice, Marielle and Anthony Repka, Randy and Cary Richardson, Amy and Michael Ridge High School Rodriguez, Missy and Brett Rooney, Jennifer and Tom Rothenberg, Diane and Craig Ruark, Helen and Bob Rubino Ob/Gyn Group PA Ryan, Michelle Sagar, Shashi Sartorius, Kathy Schnur, David Shah, Mona and Niraj Shea, Kristin and Dan Sherman, Shelley Shobar, Lorna Simon, Diane and Doug Simon Foundation, William E. Slattery, Katherine and Michael Soloway, Sabina and Andy Stearns, Ginger and David Tarnow, Jill and Josh The First Presbyterian Church of Stirling Tolman, Maria Motto and David Tully, Susan and Ray Klas Ucko, Tom Vorona, Dimitri Wolkowitz, Lois and Ben Woodbury, Sara Webb and Chip Wright, Erika and Greg Zachara, Annie and Mike Program Supporter $250 to $499 Abruzzo, Carol and Joe Adams, Anne Staunton and Ian Alarcon, Jennifer and Eugenio Albert, Hillary and Howard Arcella, Kirsten and Thomas Arch Insurance Archer Daniels Midland Company Baker, Cynthia and Terry Beck, Christine and Carl Becker, Haya Taitel and Steve Beckmen, Judy and Tom Benedict-Miller Berry, Amanda Bisogno, Pat Bondy, Myung and David Borowiec, Ann and Stan Bryant, Alison Bushnell, Mary and David Camiolo, Jonathan Cariddi, Regina and Curt Cohen, Andrew Cohen, Marie and Roy Cooperman, Jodi and Wayne Costa-Giomi, Maria Coy, Martha and Douglas Coyle, DMD, LLC, Dennis Crum & Foster Insurance Daley, Kathie and Peter Deguines, Sheila and Jean Luc Della Sala, Kathy and Jim Planned Giving Bridges is pleased to work in partnership with the Community Foundation of New Jersey to provide a full range of planned giving opportunities. For more information, contact the CFNJ at 973-267-5533. www.cfnj.org
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