NonprofitsThe Bessemer Giving Fund

Private Independent Foundations

The Bessemer Giving Fund

WOODBRIDGE, NJ

Total revenue

$311.6M

Total expenses

$144.9M

Net assets

$948.2M

Grants received

$46.7M

32 grants

EIN

137111099

Tax year

2024

Mission

To receive contributions from the public and make grants to qualified recipient charitable organizations.

Financials

FY 2024

Revenue

Contributions & grants$255.5M
Program service revenue
Investment income$56.1M
Other revenue
Total revenue$311.6M

Expenses

Grants paid$142.9M
Salaries & benefits$45K
Fundraising
Other expenses$1.9M
Total expenses$144.9M
Total assets$948.2M
Net assets$948.2M

People

1 listed

NameRoleCompensation

BESSEMER TRUST COMPANY

TRUSTEE

Board

$45K

20 hrs/wk

Independent contractors

PATTERSON BELKNAP WEBB & TYLER

LEGAL

$416K

Grants received

Showing 32 of 32

FromAmountPurposeYear
$730K
COMMUNITY & HUMAN SERVICES
2024
$265K
Philanthropy
2024
$5.0M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$751K
PUBLIC, SOCIETAL BENEFIT
2023
$500K
UNRESTRICTED GENERAL SUPPORT
2023
$180K
For grant recipient's exempt purposes
2023
$2.8M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$2.3M
PUBLIC, SOCIETAL BENEFIT
2022
$843K
DAF "THE PANG FAMILY FUND"
2022
$633K
PUBLIC, SOCIETAL BENEFIT
2022
$600K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2022
$515K
For grant recipient's exempt purposes
2022
$402K
UNRESTRICTED GENERAL SUPPORT
2022
$3.5M
PUBLIC, SOCIETAL BENEFIT
2021
$3.0M
For grant recipient's exempt purposes
2021
$3.0M
For grant recipient's exempt purposes
2021
$2.5M
For recipient's exempt purpose
2021
$3.2M
For grant recipient's exempt purposes
2020
$2.2M
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$1.3M
PUBLIC, SOCIETAL BENEFIT
2020
$524K
TO SUPPORT TAYLOR BLACK FAMILY CHARITY FUND, AND DAVID ZARFES DONOR ADVISED FUND
2020
$979K
PUBLIC, SOCIETAL BENEFIT
2019
$703K
For grant recipient's exempt purposes
2019
$1.9M
For grant recipient's exempt purposes
2018
$332K
PUBLIC, SOCIETAL BENEFIT
2018
$236K
GENERAL SUPPORT TO CARRY OUT THE MISSION OF THE ORGANIZATION
2018
$3.7M
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$1.9M
GENERAL OPERATING SUPPORT
2017
$1.3M
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$671K
PROGRAM SUPPORT
2017
$72K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$46.7M from 13 funders · 32 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$16.2M · 8 grants · 2017–2023

Vanguard Charitable Endowment Program

$12.4M · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$8.8M · 7 grants · 2017–2023

The Chicago Community Trust

$2.4M · 2 grants · 2017–2020

National Philanthropic Trust

$2.3M · 2 grants · 2017–2022

Morgan Stanley Global Impact Funding Trust Inc

$902K · 2 grants · 2022–2023

Gs Donor Advised Philanthropy Fund

$730K · 1 grant · 2024

Details

EIN137111099
NTEE codeT22
Subsection03
Ruling date1998-05
Formed1997
Employees0
Volunteers0
THE BESSEMER GIVING FUND — Mission, Financials & Grants Received | Grantivo