Program areas at Bloomberg Philanthropies
Providing technical assistance and advisory services to assist other charities in carrying out their exempt purposes.
Engaging specialists with subject-matter expertise (i.e. Tobacco, climate, etc.) To assist The Foundation and other charity partners with programmatic projects (e.g., data collection, report production, etc. ).
Providing technical assistance and advisory services, and engaging specialists with public service expertise, to assist municipalities and governments in carrying out their public exempt purposes.
Income reflected in column e represents interest income from state and local bonds from pass through entities which is excluded from tax pursuant to section 103 of The internal revenue code.
Grants made by Bloomberg Philanthropies
Personnel at Bloomberg Philanthropies
| Name | Title | Compensation | Date of data |
|---|
| Patricia E Harris | Chief Executive Officer and Director | $11,700 | 2023-11-14 |
| Allison Jaffin | Chief Operating Officer | | 2022-07-15 |
| Michael R. Bloomberg | Founder | | 2022-07-15 |
Financials for Bloomberg Philanthropies
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,343,062,957 | $1,213,000,000 | 10.7% |
| Investment income and dividends | $1,688,364 | $9,604 | 17479.8% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $161,105,285 | $1,010,358,590 | -84.1% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $215,542,441 | $228,484,867 | -5.7% |
| Total revenues | $1,721,399,047 | $2,451,853,061 | -29.8% |
Organizations like Bloomberg Philanthropies
| Organization | Type | Location | Revenue |
|---|
| Betty Wold Johnson Foundation | 501(c)(3) | Palm Beach, FL | $492,098,181 |
| Sergey Brin Family Foundation | 501(c)(3) | San Francisco, CA | $805,946,506 |
| Good Ventures Foundation | 501(c)(3) | Palo Alto, CA | $627,055,825 |
| Open Society Foundations | 501(c)(3) | New York, NY | $677,301,845 |
| Musk Foundation | 501(c)(3) | Austin, TX | $2,554,831,265 |
| Laura and John Arnold Foundation | 501(c)(3) | Houston, TX | $766,581,426 |
| The Carl Victor Page Memorial Foundation | 501(c)(3) | Palo Alto, CA | $615,685,345 |
| Pivotal Philanthropies Foundation | 501(c)(3) | Redmond, WA | $647,072,863 |
| Genentech Access To Care Foundation | 501(c)(3) | South San Francisco, CA | $3,352,344,669 |
| The Endeavour Legacy Foundation | 501(c)(3) | Richmond, VA | $661,470,412 |
Data update history
January 18, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 16, 2024
Updated personnel
Identified 2 new personnel
December 28, 2023
Used new vendors
Identified 1 new vendor, including
July 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
- Address
- Co Geller Company LLC PO Box
- New York, NY 10150
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- bloomberg.org/
- Phone
- (212) 205-0100
IRS details
- EIN
- 20-5602483
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2008
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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