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Line 19: Bridgespan grew from a desire by Bain & Company to expand their support of nonprofits.<ref name=":0">{{Cite web\|title=Bridgespan Non-Profit Consulting Interviews and Culture\|url=https://managementconsulted.com/bridgespan/\|date=2014-12-07\|website=Management Consulted\|language=en-US\|access-date=2020-05-08}}</ref> The idea started by doing occasional [[pro bono]] work for nonprofits. Bain consultant Thomas Tierney had been involved with nonprofit work since the 1980s, but after becoming worldwide managing director, Tierney began to focus his attention on consulting for charities. Between 1995 and 1999, three studies about the nonprofit market were conducted. Establishing an industry concentration was considered and rejected, instead the decision was made to create an allied, yet still independent, entity called the Bridgespan Group.<ref name="bainhbr-2000" /> In 1996 co-founder Jeff Bradach, a business professor and former Bain consultant, joined the company. In 1998, co-founder Paul Carttar, ~~also~~ a former Bain ~~consultant~~Partner, joined. Tierney pitched the idea of forming Bridgespan to his partners in 1999. He emphasized his desire for an ongoing partnership with Bain, which would accrue benefits (e.g., [[recruitment]] as well as [[public relations]]). Bain provided Bridgespan with a one million dollar grant for the first three years, in addition to administrative support and several loaned employees ("externs").<ref name="bainhbr-2000" /><ref name="harvard-alumni-bulletin-Dec-2010">{{Citation \| url =http://www.alumni.hbs.edu/bulletin/2010/december/transformers.html \| title=The Transformers \| publisher =HBS Alumni Bulletin \| date =December 2010 \| access-date = September 3, 2013}}</ref> The organization was also initially supported by grants from the [[Bill & Melinda Gates Foundation]], the [[William and Flora Hewlett Foundation]], the [[Edna McConnell Clark Foundation]] and the [[Atlantic Philanthropies]].<ref name="nytimes-2008" /> It has advised Bill & Melinda Gates Foundation, [[Ford Foundation]], [[Bloomberg Philanthropies]], the [[Rockefeller Foundation]], [[YMCA of the USA]], [[The Salvation Army]], and the [[Sesame Workshop]].<ref name="economist"/><ref>{{Cite news \|last=Kulish \|first=Nicholas \|date=2021-11-15 \|title=The Consulting Firm Billionaires Turn to When They Give Away Money \|language=en-US \|work=The New York Times \|url=https://www.nytimes.com/2021/11/15/business/billionaires-donating-consulting.html \|access-date=2022-08-13 \|issn=0362-4331}}</ref>

The Bridgespan Group: Difference between revisions