NET WORTH: Unknown
SOURCE OF WEALTH: Summit Partners, Managing Director
FUNDING AREAS: Education & Youth, Arts & Culture, Boston Community
OVERVIEW: Bruce Evans and his wife Bridgitt Bertram Evans move their philanthropy through the Evans Family Foundation, which gave away around $1.5 million in a recent fiscal year. The couple's philanthropy involves education, with support for the family's alma maters and other institutions. Both Evans graduated from Harvard Business School and set up a scholarship program there. They also funds arts outfits, and Bridgitt recently launched an organization called Visionary Initiatives in Art (VIA) to support artists.
BACKGROUND: A West Virginia native, Bruce R. Evans received his bachelor's degree in mechanical engineering and economics from Vanderbilt University in 1981, and later an MBA from Harvard Business School. Evans joined Summit Partners in 1986, a growth equity, venture capital and credit investment firm, with offices in Boston, Menlo Park and London, which has raised some $16 billion in capital since its inception. Evans focuses primarily on the technology sector and is currently managing director of Summit.
EDUCATION & YOUTH: Evans and his wife Bridgitt, through their Evans Family Foundation, have recently made grants to Bowdoin College, Boston College, Harvard Business School (they're both alums), Miami University of Ohio (Bridgitt's alma mater), Vanderbilt University, Boys and Girls Club of Boston, Roxbury Latin School, and Match School Foundation, which supports Match Charter Public School. The couple has also supported the Steppingstone Foundation, which "develops and implements programs that prepare underserved schoolchildren for educational opportunities," and the BELL Foundation. BELL "exists to transform the academic achievements, self-confidence, and life trajectories of children living in under-resourced communities."
Vanderbilt and Harvard Business School have been especially well-supported through the Evans' giving. In the two most recent fiscal years available, the Evans foundation gave Vanderbilt a total of $1 million and Harvard Business School $400,000. The Evans also created an endowed scholarship fund at their undergrad alma maters, Miami University and Vanderbuilt, specifically to help students attend Harvard Business School. Both Evans and Bridgitt attended Harvard with the help of financial aid.
ARTS & CULTURE: Bridgitt has a passion for the arts, and is is an avid art collector, particularly of contemporary art. She cofounded VIA or Visionary Initiatives in Art, through which she's helped build a nationwide collective of art patrons who fund arts projects. The couple through their Evans Family Foundation has also recently supported arts outfits such as Foundation for Contemporary Arts in New York, and Isabella Stewart Gardner Museum in Boston.
BOSTON COMMUNITY: Recent grantees include Friends of Public Garden, Victory Programs, a "Boston-based multi-service agency providing individualized treatment programs to people recovering from alcohol and drug addiction," and The One Fund Boston, an outfit established after the Boston Marathon bombings in 2013.
LOOKING FORWARD: Evans is only in his 50s and still very much engaged in business. So far, the couple's philanthropy has stuck close to home in Boston and to other regions where the family has ties. Bridgitt's arts work is worth keeping an eye on.
The Evans Family Foundation does not provide a clear avenue of contact, but below is an address: