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EIN 30-0748315

Bny Mellon Charitable Gift Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Boston
State
Massachusetts
Year formed
2012
Most recent tax filings
2022-12-01
NTEE code, primary
T31: Community Foundations
Description
The Bny Mellon Charitable Gift Fund promotes philanthropy by making gifts to qualified charities, receives charitable contributions, provides support to encourage the making of charitable contributions, and pools such contributions for investment management and administration as a 501(c)(3).
Total revenues
$368,613,382
2022
Total expenses
$91,016,111
2022
Total assets
$482,326,887
2022
Num. employees
0
2022

Program areas at Bny Mellon Charitable Gift Fund

Bny Mellon Charitable Gift Fund is a 501(c)(3) which promotes philanthropy by receiving Charitable contributions, by providing support to encourage the making of Charitable contributions, pooling such contributions for investment management and administrative purposes, and by making gifts to organizations which are dedicated to Charitable, scientific, literary and educational purposes.

Grants made by Bny Mellon Charitable Gift Fund

GranteeGrant descriptionAmount
The Church of Jesus Christ of Latter-Day SaintsTo Further the Organization's Exempt Purpose$16,022,140
Goldman Sachs Philanthropy Fund (GSPF)To Further the Organization's Exempt Purpose$14,996,320
Fidelity Investments Charitable Gift FundTo Further the Organization's Exempt Purpose$4,773,331
...and 858 more grants made totalling $80,729,403

Who funds Bny Mellon Charitable Gift Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cognizant US FoundationTransfer of Funds To Newly Created Daf To Finalize the Dissolution of the Cognizant Us Foundation Legal Entity.$35,591,821
Schwab Charitable FundPublic, Societal Benefit$14,074,851
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,951,933
...and 13 more grants received

Personnel at Bny Mellon Charitable Gift Fund

NameTitleCompensation
Carlos ByrneAssistant Treasurer and Secretary$0
William ElcockTreasurer$0
Alla ShpakOutgoing - Fund Compliance Officer$0
Joseph dello RussoPresident$0
Christian TinoryAssistant Treasurer$0
...and 8 more key personnel

Financials for Bny Mellon Charitable Gift Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$219,449,305
Program services$0
Investment income and dividends$8,003,939
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$140,041,942
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,118,196
Total revenues$368,613,382

Form 990s for Bny Mellon Charitable Gift Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-19990View PDF
2021-122022-07-11990View PDF
2020-122021-06-17990View PDF
2019-122020-10-21990View PDF
2018-122019-10-04990View PDF
...and 7 more Form 990s

Organizations like Bny Mellon Charitable Gift Fund

OrganizationLocationRevenue
WaterStoneColorado Springs, CO$232,951,454
IgiftfundHudson, OH$138,892,808
The San Diego FoundationSan Diego, CA$283,565,373
The Rhode Island FoundationProvidence, RI$94,559,880
Tulsa Community FoundationTulsa, OK$238,011,217
Community Foundation of New JerseyMorristown, NJ$153,275,906
California Community FoundationLos Angeles, CA$542,926,624
The Cleveland FoundationCleveland, OH$234,720,202
Seattle FoundationSeattle, WA$159,592,537
Greater Kansas City Community FoundationKansas City, MO$540,688,700
Data update history
December 25, 2023
Received grants
Identified 3 new grant, including a grant for $514,026 from Dechomai Foundation
September 24, 2023
Received grants
Identified 10 new grant, including a grant for $35,591,821 from Cognizant US Foundation
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 26, 2023
Updated personnel
Identified 1 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyNational levelTax deductible donationsNo full-time employees
General information
Address
201 Washington St Ste 024-0062
Boston, MA 02108
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
bnymelloncharitablegiftfund.org/bnym/ 
Phone
(617) 722-7191
IRS details
EIN
30-0748315
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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