The Bessemer Giving Fund
99% goes to programs $0 to raise $100 Strong reserves
The Bessemer Giving Fund is a 501(c)(3) organization based in Woodbridge, New Jersey, registered in 1998, with $311,603,090 in FY2024 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
100 Woodbridge Center Drive, Woodbridge, NJ, 07095 EIN 13-7111099 Since 1998
Revenue (FY2024)
$311.6M
▲ 114.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$144.9M
Net assets
$948.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Bessemer Giving Fund: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating79 mo reserves · +54% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Bessemer Giving Fund: 79 mo reserves · +54% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating4 of 5 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Bessemer Giving Fund: 4 of 5 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Bessemer Giving Fund: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To receive contributions from the public and make grants to qualified recipient charitable organizations.
What they do
Agnes scott college:this gift from the bessemer national gift fund is being used to support the agnes scott college. agnes scott college educates women to think deeply, live honorably and engage the intellectual and social challenges of their times. initially named the decatur female seminary in 1889 and renamed the agnes scott institute in 1890, the college was chartered as agnes scott college in 1906.
The seed company:this gift from the bessemer national gift fund is being used to support the accelerating vast and jesus film and increasing consultant capacity at the seed company. the mission is to accelerate scripture translation and impact for people without god's word through great commission partnerships. the seed company began in 1993.
The organization also made grants to a numerous amount of other organizations for charitable purposes.
Contact & location
- Address
- 100 Woodbridge Center Drive, Woodbridge, NJ, 07095
- City
- Woodbridge
- State
- New Jersey
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $15.7M (FY2013) to $311.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $948.2M
Operating margin
53.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$948.2M
Total liabilities
$0
Net assets
$948.2M
Salaries & benefits
$45K
0% of expenses
Board members
0
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $311,603,090▲114% | $144,860,872▲10.6% | $948,240,809▲28.8% | $948,240,809▲28.8% | 990 |
| 2023 | $145,374,907▲30.7% | $130,980,367▲19.5% | $736,215,121▲15.3% | $736,215,121▲15.3% | 990 |
| 2022 | $111,261,443▼61.8% | $109,632,842▼13.1% | $638,679,745▼15.7% | $638,749,745▼15.7% | 990 |
| 2021 | $291,598,256▲35.5% | $126,231,468▲30.2% | $757,899,558▲31.9% | $757,899,558▲31.9% | 990 |
| 2020 | $215,208,816▲2.4% | $96,940,931▼21.6% | $574,514,115▲40.5% | $574,514,115▲40.4% | 990 |
| 2019 | $210,062,584▲94.8% | $123,597,084▲281% | $409,038,487▲69.2% | $409,066,331▲69.2% | 990 |
| 2017 | $107,807,791▲56.0% | $32,472,674▲126% | $241,726,191▲58.6% | $241,748,632▲58.5% | 990 |
| 2016 | $69,101,713▲100% | $14,383,966▼20.0% | $152,451,146▲62.4% | $152,482,692▲62.4% | 990 |
| 2015 | $34,530,317▲0.4% | $17,968,829▲42.9% | $93,898,825▲15.8% | $93,898,825▲15.7% | 990 |
| 2014 | $34,399,755▲119% | $12,571,625▲62.9% | $81,093,487▲33.0% | $81,133,641▲33.0% | 990 |
| 2013 | $15,718,487 | $7,715,862▲7.0% | $60,956,786▲23.8% | $60,996,940▲23.7% | 990 |
| 2012 | — | $7,209,427 | $49,253,312 | $49,293,466 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Bessemer Trust Company — $45,000 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bessemer Trust Company | Trustee | 20 | $45,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Patterson Belknap Webb & Tyler | Legal | $416,246 |
Grants received · $52.4M total
40 grants to The Bessemer Giving Fund totaling $52.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $730,179 |
| Maine Community Foundation Inc | Philanthropy | 2024 | $265,250 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $4,956,218 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $751,059 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $500,000 |
| The Bessemer Giving Fund | General support | 2023 | $217,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $180,232 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $2,800,000 |
| National Philanthropic Tr | Public, societal benefit | 2022 | $2,269,561 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $632,530 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2022 | $600,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $515,445 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $402,363 |
| University of Notre Dame Du Lac | See part iv | 2022 | $200,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $3,531,946 |
Grants made · $138.5M in FY2024
1,653 grants totaling $138.5M in FY2024 — showing the 15 largest. All grants made by The Bessemer Giving Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund | Charitable purpose | $8,132,111 |
| Abilene Heritage Square Inc | General support | $4,000,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | General support | $3,263,416 |
| Potomac School | Capital campaign | $3,000,000 |
| Engineering Tomorrow Co | General support | $2,000,000 |
| Best Friends Animal Society | General support | $1,975,500 |
| California Institute of the Arts | General operating support | $1,869,600 |
| Terra Naam Retreat Charitable Tr | General support | $1,800,000 |
| Pennsylvania State University Philanthropic Fund | General support | $1,600,000 |
| The Board of Trustees of the Leland Stanford Junior University | Unrestricted gift | $1,599,000 |
| Walkerton Community Foundation | General support | $1,578,500 |
| Sant Bani School | General support | $1,500,000 |
| Sharp Healthcare Foundation | General support | $1,425,000 |
| Northwestern University | General support | $1,377,500 |
| Citadel Foundation | General support | $1,335,000 |
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Compare The Bessemer Giving Fund
Frequently asked questions
- Is The Bessemer Giving Fund a legitimate nonprofit?
- Yes. The Bessemer Giving Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-7111099, based in Woodbridge, New Jersey. Donations are tax-deductible.
- What is The Bessemer Giving Fund's EIN?
- The Bessemer Giving Fund's Employer Identification Number (EIN) is 13-7111099.
- How much revenue does The Bessemer Giving Fund report?
- The Bessemer Giving Fund reported $311,603,090 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Bessemer Giving Fund's spending goes to programs?
- The Bessemer Giving Fund spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Bessemer Giving Fund have?
- CharityIndex grades The Bessemer Giving Fund A, based on program efficiency and fundraising cost.
- How much does The Bessemer Giving Fund's highest-paid employee make?
- The highest reported compensation on The Bessemer Giving Fund's latest Form 990 is $45,000, paid to Bessemer Trust Company (Trustee).
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Data for The Bessemer Giving Fund (EIN 13-7111099) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.