The Bloomberg Family Foundation Inc
THE BLOOMBERG FAMILY FOUNDATION INC is based in New York, NY and reported $1.02 billion in grants across 203 grants in filing year 2024. It is part of Bloomberg Philanthropies, which encompasses Michael R. Bloomberg’s foundation, corporate, and personal philanthropy.
Key facts about The Bloomberg Family Foundation Inc
In short: The Bloomberg Family Foundation Inc gave $1.0B across 203 grants in 2024 (avg $5.0M), top state New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-5602483
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,016,737,000
- Grants made (2024)
- 203
- Average grant
- $5,008,557
- Median grant
- $1,519,000
- New grantees (estimate)
- 24% first-time grantees (41 of 173, 2024)
- Total assets
- $12,117,236,821
- Primary geography
- New York (23% of itemized 2024 grant dollars)
- How to apply
- Grant proposals are by invitation only. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.1B
+2.6% YoY
Annual Giving
$1.0B
+1.1% YoY
Grant Count
203
-6.0% YoY
Avg Grant Size
$5.0M
+7.5% YoY
Under IRS private-foundation payout rules, The Bloomberg Family Foundation Inc reported a distributable amount of $569.3M for 2024 — the minimum it must pay out in qualifying distributions.
Is The Bloomberg Family Foundation Inc open to new grantees?
24%
first-time grantees, 2024
In 2024, 41 of 173 grantees (24%) were first-time recipients. First grants averaged $2.6M; repeat grants $6.9M. How we count
Medians: $830K first-time, $1.6M repeat.
- 64% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−5%). Method
- In 2024 it paid out 259% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
Bloomberg Philanthropies identifies five focus areas: public health, the environment, education, government innovation, and the arts. Its approach emphasizes addressing unmet needs, partnering with organizations, using data, remaining flexible, and working with city leaders.
The 2024 grants show support for universities, museums, public health organizations, education organizations, and climate and clean-energy groups. For example, Johns Hopkins University describes its mission as educating students, fostering independent research, and bringing the benefits of discovery to the world. The Museum of Science says it aims to inspire a lifelong love of science and make science accessible and engaging. Vital Strategies describes its mission as advancing evidence-based, locally driven public health policies and practices; Resources Legacy Fund describes work in areas including climate, water, nature, and conservation.
Grantmaking
In filing year 2024, the foundation reported 203 grants totaling $1,016,737,000. Grant amounts ranged from $70,000 to $186,794,463, with a median of $1,519,000.
Open Grants
3 open opportunities from The Bloomberg Family Foundation Inc
Asphalt Art Initiative Grant Program
The Bloomberg Family Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Bloomberg Green Docs Contest Grant
The Bloomberg Family Foundation Inc
Amount
US $25,000
Deadline
Rolling / Open
Bloomberg Public Art Challenge
The Bloomberg Family Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with The Bloomberg Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The 2024 grants went to recipients in multiple states and Washington, DC. By share of grant dollars, New York accounted for 23%, Maryland 21%, an unidentified state entry 11%, Washington, DC 10%, and Massachusetts 10%.
Grant Distribution by State
Share of all 203 itemized 2024 grant dollars.
States
Cities
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
1,425 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JOHNS HOPKINS UNIVERSITY Baltimore, MD | TO SUPPORT RESEARCH, SCHOLARSHIP AND FACILITIES | $186,794,463 |
| MUSEUM OF SCIENCE Boston, MA | TO SUPPORT CAPITAL PROJECTS | $78,780,000 |
| CHARTER FUND INC (DBA CHARTER SCHOOL GROWTH FUND) Denver, CO | TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S. | $55,520,000 |
| RESOURCES LEGACY FUND Sacramento, CA | TO SUPPORT CLEAN ENERGY | $26,500,000 |
| VITAL STRATEGIES INC New York, NY | TO COMBAT THE OPIOID CRISIS IN THE U.S. | $25,254,000 |
| RESOLVE TO SAVE LIVES INC New York, NY | TO SUPPORT CARDIOVASCULAR HEALTH | $23,250,000 |
| C40 CITIES CLIMATE LEADERSHIP GROUP INC New York, NY | TO SUPPORT CLEAN ENERGY | $20,000,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE Cambridge, MA | TO SUPPORT THE BLOOMBERG CENTER FOR CITIES | $20,000,000 |
| SUCCESS ACADEMY CHARTER SCHOOLS INC New York, NY | TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S. | $19,900,000 |
| MEMORIAL HERMANN FOUNDATION Houston, TX | TO SUPPORT CAREER AND TECHNICAL EDUCATION | $19,161,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $12,117,236,821 | $1,642,529,594 | $1,509,929,162 | $1,016,737,000 | 203 |
| 2023 | $11,808,358,665 | $1,514,801,871 | $1,431,675,458 | $1,005,927,588 | 216 |
| 2022 | $11,529,721,546 | $1,721,399,047 | $1,273,232,535 | $977,319,604 | 396 |
The reported filing type is 990T.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,117,236,821 | $11,808,358,665 | $11,529,721,546 |
| Revenue | $1,642,529,594 | $1,514,801,871 | $1,721,399,047 |
| Expenses | $1,509,929,162 | $1,431,675,458 | $1,273,232,535 |
| Qualifying Distributions | $1,473,990,509 | $1,423,427,842 | $1,247,955,241 |
| Net Investment Income | $597,630,528 | $313,169,046 | $238,023,245 |
| Distributable Amount | $569,321,593 | $542,972,061 | $574,322,220 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following directors: Alfred Sommer, Anne Tatlock, Daniel L. Doctoroff, Dennis M. Walcott, Emma Bloomberg, Geoffrey Canada, Georgina Bloomberg, Henry Merritt Paulson Jr., James G. Niven, and John J. Mack.
The Bloomberg Family Foundation Inc is led by Patricia E. Harris, CEO, CAO & Director on every filing since 2020; 22 of 25 officers listed in 2024 are compensated.
Officers on the 2024 filing
Patricia E. Harris
CEO, CAO & Director
On filings since 2020
40 hrs/week
$11K (2020) → $13K (2024)
Alfred Sommer
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Anne Tatlock
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Daniel L. Doctoroff
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Dennis M. Walcott
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Emma Bloomberg
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Georgina Bloomberg
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Henry Merritt Paulson Jr.
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
James G. Niven
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
John J. Mack
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Kenneth I. Chenault
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Manuel A. Diaz
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Martin Sorrell
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Maya Lin
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Mellody Hobson
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Michael G. Mullen
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Robert A. Iger
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Sam Nunn
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Tenley Albright
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Walter Isaacson
Director
On filings since 2020
0.6 hrs/week
$11K (2020) → $13K (2024)
Geoffrey Canada
Director
On filings since 2022
0.6 hrs/week
$13K (2023) → $13K (2024)
Ruth Porat
Director
On filings since 2022
0.6 hrs/week
$13K (2023) → $13K (2024)
Mark Carney
Director
On filings since 2020
0.6 hrs/week
No compensation reported
Reverand Joseph M. McShane
Director
On filings since 2020
0.6 hrs/week
No compensation reported
Samuel J. Palmisano
Director
On filings since 2020
0.6 hrs/week
No compensation reported
Former officers (2)
- Former: Matrin Sorrell (2023) — Director
- Former: D. Ronald Daniel (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Contact
Mailing address: Co Geller Company Llc PO Box, New York, NY 10150
Phone: (212) 205-0100
Website: https://bloomberg.org
Frequently asked questions about The Bloomberg Family Foundation Inc
How much does The Bloomberg Family Foundation Inc give each year?
The Bloomberg Family Foundation Inc gave $1.0B across 203 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0B across 216 grants.
What is The Bloomberg Family Foundation Inc's typical grant size?
The Bloomberg Family Foundation Inc's median grant in 2024 was $1,519,000, and its average grant was $5,008,557, across 203 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Bloomberg Family Foundation Inc that year got $2.6M on average.
Where does The Bloomberg Family Foundation Inc give grants?
The Bloomberg Family Foundation Inc's top state is New York, with 23% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Maryland (21%) and District of Columbia (10%). The most frequent recipient cities were New York, NY (37 grants), Washington, DC (34 grants), Baltimore, MD (10 grants) and Atlanta, GA (7 grants).
Does The Bloomberg Family Foundation Inc give general operating support?
Occasionally: 3% of The Bloomberg Family Foundation Inc's 2024 grants with a stated purpose (7 of 203) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "To Support Clean Energy" (27 grants), "To Improve Outcomes for K-12 Students in the U.S." (15 grants) and "To Support Career and Technical Education" (14 grants).
Who are The Bloomberg Family Foundation Inc's largest grantees?
The Bloomberg Family Foundation Inc's largest 2024 grantees include Johns Hopkins University ($212,321,463 across 8 grants), Museum of Science ($78,780,000) and Charter Fund Inc (DBA Charter School Growth Fund) ($55,520,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is The Bloomberg Family Foundation Inc?
The Bloomberg Family Foundation Inc reported $12.1B in total assets on its 2024 IRS Form 990-PF. It paid out $1.5B in qualifying distributions that year, against a required minimum of $569.3M (roughly 5% of its investment assets).
What does The Bloomberg Family Foundation Inc fund?
Bloomberg Philanthropies identifies five focus areas: public health, the environment, education, government innovation, and the arts. Its approach emphasizes addressing unmet needs, partnering with organizations, using data, remaining flexible, and working with city leaders. The 2024 grants show support for universities, museums, public health organizations, education organizations, and climate and clean-energy groups. For example, Johns Hopkins University describes its mission as educating stu…
How do I apply for a grant from The Bloomberg Family Foundation Inc?
Grant proposals are by invitation only. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Bloomberg Family Foundation Inc's EIN?
The Bloomberg Family Foundation Inc's EIN (Employer Identification Number) is 20-5602483. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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