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 to municipalities and governments to assist them 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.
Income of $312,413,638 reflected in column d is net of ordinary loss of ($25,090,988) and capital gain of $337,504,626.
Grants made by Bloomberg Philanthropies
Who funds Bloomberg Philanthropies
Grants from foundations and other nonprofits
Personnel at Bloomberg Philanthropies
| Name | Title | Compensation | Date of data |
|---|
| Patricia Harris | Chief Executive Officer and Director | $12,500 | 2024-11-14 |
| Allison Jaffin | Chief Operating Officer | | 2022-07-15 |
| Mike Bloomberg | Founder | | 2024-11-18 |
Financials for Bloomberg Philanthropies
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,152,639,150 | $1,343,062,957 | -14.2% |
| Investment income and dividends | $7,854,010 | $1,688,364 | 365.2% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $336,460,689 | $161,105,285 | 108.8% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $17,848,022 | $215,542,441 | -91.7% |
| Total revenues | $1,514,801,871 | $1,721,399,047 | -12% |
Organizations like Bloomberg Philanthropies
| Organization | Type | Location | Revenue |
|---|
| Walter Scott Family Foundation | 501(c)(3) | Omaha, NE | $762,474,726 |
| Laura and John Arnold Foundation | 501(c)(3) | Houston, TX | $687,258,876 |
| Open Society Foundations | 501(c)(3) | New York, NY | $842,821,637 |
| Knight Foundation | 501(c)(3) | Beaverton, OR | $1,730,391,596 |
| The Sarofim Foundation | 501(c)(3) | Houston, TX | $501,433,307 |
| Sergey Brin Family Foundation | 501(c)(3) | San Francisco, CA | $453,689,442 |
| Genentech Access To Care Foundation | 501(c)(3) | South San Francisco, CA | $3,658,063,399 |
| Good Ventures Foundation | 501(c)(3) | Palo Alto, CA | $2,206,469,589 |
| Marina Kellen French Foundation | 501(c)(3) | New York, NY | $514,113,887 |
| The Endeavour Legacy Foundation | 501(c)(3) | Richmond, VA | $661,470,412 |
Data update history
January 17, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 5, 2025
Used new vendors
Identified 2 new vendors, including , and
November 18, 2024
Updated personnel
Identified 1 new personnel
October 1, 2024
Updated personnel
Identified 1 new personnel
January 18, 2024
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online 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/Â
- 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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