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EIN 13-7111099

The Bessemer Giving Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Woodbridge
State
New Jersey
Year formed
1997
Most recent tax filings
2022-12-01
NTEE code, primary
S50: Nonprofit Management
Description
Privately owned and independent, Bessemer Trust is a multifamily office that has served individuals and families of substantial wealth for more than 110 years.
Also known as...
The Bessemer National Gift Fund; Bessemer Trust
Total revenues
$111,261,443
2022
Total expenses
$109,632,842
2022
Total assets
$638,749,745
2022
Num. employees
0
2022

Program areas at The Bessemer Giving Fund

The organization receives charitable contributions and makes grants to charitable organizations and projects for charitable purposes in accordance with applicable law and regulations.

Grants made by The Bessemer Giving Fund

GranteeGrant descriptionAmount
Barnabas FoundationGeneral Support$5,800,000
Purdue Research Foundation (PRF)General Support$5,035,000
Waterkeeper AllianceGeneral Support$3,855,000
...and 969 more grants made totalling $101,504,617

Who funds The Bessemer Giving Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$2,800,000
National Philanthropic TrustPublic, Societal Benefit$2,269,561
Cleveland Avenue FundGeneral Support$2,055,071
...and 22 more grants received totalling $20,225,287

Personnel at The Bessemer Giving Fund

NameTitle
Marc D. SternChief Executive Officer
Michael A. MarquezChief Operating Officer
Allison D. HeilbornChief Financial Officer
Holly H. MacDonaldChief Investment Officer
Peter J. LangasChief Portfolio Strategist
...and 7 more key personnel

Financials for The Bessemer Giving Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$114,894,620
Program services$0
Investment income and dividends$6,541,004
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-10,174,181
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$111,261,443

Form 990s for The Bessemer Giving Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-11990View PDF
2019-122021-04-05990View PDF
2018-122020-06-18990View PDF
...and 10 more Form 990s

Organizations like The Bessemer Giving Fund

OrganizationLocationRevenue
Bny Mellon Charitable Gift FundBoston, MA$171,318,573
Knights of Columbus Charitable FundNew Haven, CT$53,956,415
Community Trust of UtahSalt Lake City, UT$53,168,017
Johnson Charitable Gift FundCincinnati, OH$53,638,342
Goldman Sachs GivesNew York, NY$56,851,698
The Ayco Charitable FoundationCohoes, NY$272,944,349
The Signatry Charitable TrustOverland Park, KS$137,477,167
Atrium Healthcare FoundationCharlotte, NC$84,047,402
Mightycause Charitable FoundationMarianna, FL$76,652,811
Tides FoundationSan Francisco, CA$350,128,498
Data update history
September 21, 2024
Received grants
Identified 5 new grant, including a grant for $2,055,071 from Cleveland Avenue Fund
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $61,243 from The Maxfield Foundation
January 8, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 3 new grant, including a grant for $1,875,000 from The Widgeon Point Charitable Foundation
July 22, 2023
Received grants
Identified 16 new grant, including a grant for $4,601,790 from The Maxfield Foundation
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsHousing and shelter organizationsCharitiesDonor Advised Funds (DAFs)
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyNational levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
100 Woodbridge Dr
Woodbridge, NJ 07095
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Middlesex County, NJ
Website URL
bessemertrust.com/ 
Phone
(732) 694-5502
Twitter profile
@bessemertrust 
IRS details
EIN
13-7111099
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S50: Nonprofit Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0240344
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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