The Bessemer Giving Fund
The Bessemer Giving Fund is a public charity and donor-advised fund based in Woodbridge, New Jersey. Established in 1997 and granted tax-exempt status in May 1998, the organization receives public contributions and makes grants to qualified charitable organizations. The fund operates as an exclusive giving vehicle available to clients of Bessemer Trust Company.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$948.2M
+28.8% YoY
Annual Giving
$138.5M
+10.3% YoY
Grant Count
1,653
+22.3% YoY
Avg Grant Size
$84K
-9.8% YoY
Mission & Focus Areas
The organization's stated purpose is to "receive public contributions and make grants to qualified charitable organizations."
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- STEM Education
- Science Education
Grantmaking
The Bessemer Giving Fund offers donor-advised fund accounts with the following characteristics:
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Geographic Focus
Where this funder awards grants
The fund makes grants primarily in New York, California, and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Most Recent Data):
- Total assets: $948,240,809
- Total revenues: $311,603,090
- Total expenses: $144,860,872
- Annual income: $574,500,000
Historical Context:
- 2023 filing: Total assets of $736 million, revenue of $145 million, expenses of $131 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $948,240,809 | $736,215,121 | $638,749,745 |
| Revenue | $311,603,090 | $145,374,907 | $111,261,443 |
| Expenses | $144,860,872 | $130,980,367 | $109,632,842 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $56,106,914 | $13,192,503 | $-3,633,177 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The organization maintains current tax filings with the most recent Form 990 filed in December 2024. The fund continues to operate as an active grantmaking vehicle, with 981 grants documented in recent filings totaling over $130 million in charitable distributions.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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