Bright Funds lets you easily and effectively manage your charitable giving. Simply build your customized giving portfolio and contribute to the causes you care about most.
Bright Funds is both for individuals and employees at companies. To learn more about the Bright Funds Employee Giving program, visit: www.brightfunds.org/enterprise
Simple Management: Keep all your giving in one place to easily track your donations. We make it easy to stay up-to-date on the work of the nonprofits you support and organize your receipts for tax refunds.
Maximum Impact: Bright Funds makes you a smarter donor by bringing free donor planning services typically used only by high net worth individuals. Every dollar you commit to a fund is going to the most effective organizations serving that cause. Each fund is built to support a holistic solution to big world challenges, rather than taking a fragmented approach.
It’s free to sign up for Bright Funds. You don’t even have to make a contribution to support outstanding organizations for the causes that you care about.
Sign up here with your email or your social media account (we never post anything on your social profiles without your permission) or first create your own portfolio to join a growing community.
Visit our Bright Funds Enterprise page
Submit your contact details and we’ll schedule live demo whenever suits you best.
If your nonprofit meets all our criteria (see answer to “How are the nonprofits in each fund selected” under the “Funds” section) please email email@example.com with more information about your nonprofit and a brief explanation of why it meets our selection standards.
No. You can open your account and customize your Impact Portfolio to your liking before adding any financial information. Only when you are ready to start making one-time or recurring contributions will you need to add a payment source.
Not yet, but soon. In the near future, you will be able to link your checking account and process payments via ACH. When we enable this service, we'll allow existing and new customers to switch to ACH as soon as they're ready.
Yes. If you have already made a contribution, schedule automatic donations by visiting your profile and clicking “Edit Account” . If you have not yet made a contribution, go to your account, update your payment information, and select “recurring contribution”.
All charitable contributions through Bright Funds are 100% tax deductible to the fullest extent allowed by law and go to our nonprofit affiliates, which are all 501(c)(3) organizations.
To access your Bright Funds contribution receipt, log into your account and click “contribution history.” We provide you with “1-click tax reporting”: a receipt with all the information you need to file your taxes for a refund. These receipts are available at the time of your donation, and can be accessed at any time from your Bright Funds account.
1.Select which funds you want to include in your portfolio
2.Adjust your how much you want to allocate to each fund
3.Remove any funds or individual organizations from your fund
Opening and maintaining your Bright Funds account is absolutely free to donors.
We have built the platform with security as a high priority. We use a PCI-certified Service Provider to ensure utmost security for processing credit card transactions. For more information, please refer to this information on Stripe security. If you have any questions, feel free to email us on firstname.lastname@example.org.
No – use of funds is at the discretion of each nonprofit.
Distributions to nonprofits in our Funds are aggregated and sent weekly.
Donations designated for nonprofits not in our Funds are aggregated and distributed by the Bright Funds Foundation once per month, as long as the the aggregate amount payable to the intended recipient charity meets or exceeds five dollars ($5).
Think of Bright Funds as your broker and your charitable contribution as your investment in a mutual fund. Your Bright Funds “mutual fund” is tailored to your “investment objectives” - the causes you want to support. The same advantages to investing in a mutual fund apply to your charitable contribution: you can contribute to a number of the world’s best nonprofits serving the causes you care about in one simple transaction.
With each contribution to your Bright Funds portfolio, you are investing in a better world through a tax-deductible contribution. In other words, you are making an investment in social good.
Because there’s no stock market for non-profit giving, your return is in the knowledge that your charitable contribution is changing lives, saving resources, and discovering breakthrough technologies. We show you this return in the form of stories from the nonprofits in which you’ve invested your contributions.
Each fund is a collection of carefully selected nonprofits doing exceptional work to address a big world challenge.
Our funds are built through in-depth analysis and research so that every donation into a fund supports a holistic solution to a problem or set of global challenges, and each contribution is channeled directly to a diverse group of highly effective nonprofits.
Each Bright Fund is built in three steps:
1) Understanding the cause and the relevant issues
2) Evaluating the types of work addressing the issues
3) Inviting the most effective nonprofits which have the greatest success in tackling the issues
Each fund contains subcategories, which address the most important aspects of each cause rather than just a single dimension. Each nonprofit is brought into our funds to create a comprehensive and thorough solution. Our Water Fund, for example, focuses on water’s four major facets: clean water, sanitation, hygiene and infrastructure. These development areas are served by six outstanding nonprofits. A donor’s contribution to the Water Fund supports all facets and all organizations.
Our nonprofit selection process is rigorous and based on the research and reviews of five independent organizations evaluating nonprofits on a different set of metrics:
American Institute of Philanthropy
Of the roughly one million nonprofit organizations that operate in the United States alone, we’ve invited less than 50 into our initial funds.
Bright Funds partners with the nonprofits in our funds as part of their fundraising teams. Each organization in our funds pays us a small fee out of their marketing and development budget, which helps the nonprofit cut down on fundraising costs and enables us to build out our technology.
Our fundraising fee for the nonprofits is 7.5% of each donation we process --less than half the standard cost of fundraising. Out this 7.5%, Bright Funds pays all administrative and credit card fees.
Typically, nonprofits spend $.15-$.25 to raise every dollar. We are able to keep costs 200%-300% lower due to our efficient, scalable technology infrastructure.
Bright Funds is officially registered as a Commercial Fundraiser in the State of California (CA Registration: FP0002395).
We work with outstanding legal teams at both Goodwin Procter and Copilevitz and Canter, two of the most respected law firms in the country.
Bright Funds, Inc. is a for-profit, venture-for-good company. We determined during formation that the best way to have the greatest impact was through bringing like-minded investors to our team rather than relying on grants to build our company. These initial investments allow us access to resources with which we can build an outstanding online platform to connect donors with excellent nonprofits doing real and meaningful work across the world.
We operate with 100% transparency, from donor to nonprofit.