Nonprofit · EIN 13-7111099
THE BESSEMER GIVING FUND
Tax-exempt · WOODBRIDGE, NJ 07095
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $311,603,090 | $144,860,872 | $166,742,218 | $948,240,809 | $0 | $948,240,809 |
| December 31, 2023 | 990 | $145,374,907 | $130,980,367 | $14,394,540 | $736,215,121 | $0 | $736,215,121 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $255,496,176
- Program service revenue
- $0
- Investment income
- $56,106,914
- Net gain from sales of assets
- $42,698,438
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $142,942,173
- Compensation of officers, directors and key employees
- $45,000
- Salaries, compensation and benefits (total)
- $45,000
- Professional fundraising fees
- $0
- Legal fees
- $416,246
- Accounting fees
- $79,127
- Program services (functional)
- $143,264,114
- Management and general (functional)
- $1,596,758
Balance sheet and other
- Total assets, start of year
- $736,215,121
- Total assets, end of year
- $948,240,809
- Total liabilities, end of year
- $0
- Net assets, end of year
- $948,240,809
- Publicly traded securities
- $785,198,415
- Net assets without donor restrictions
- $948,240,809
- Gross unrelated business income
- $54,683
- Gross receipts
- $574,482,322
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1997
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BESSEMER TRUST COMPANY | TRUSTEE Institutional trustee | 20 | $45,000 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BESSEMER TRUST COMPANY | TRUSTEE Institutional trustee | 20 | $45,000 |
Address and contacts
- Address (IRS master file)
- 100 WOODBRIDGE CENTER DRIVE, WOODBRIDGE, NJ 07095-1162
- In care of
- % BESSEMER TRUST COMPANY
- Principal officer (990 for 2024)
- BESSEMER TRUST COMPANY, JULIE PARDUE PRINCIPAL SAME AS C, ABOVE, WOODBRIDGE, NJ 07095
- Signed the 990
- JACLYN FEFFER, SENIOR FIDUCIARY COUNSEL
- Phone
- (732) 855-0800
- Return prepared by
- RSM US LLP
Mission
TO RECEIVE PUBLIC CONTRIBUTIONS AND MAKE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS.
Program accomplishments
- THE ORGANIZATION RECEIVES CHARITABLE CONTRIBUTIONS AND MAKES GRANTS TO CHARITABLE ORGANIZATIONS AND PROJECTS FOR CHARITABLE PURPOSES IN ACCORDANCE WITH APPLICABLE LAW AND REGULATIONS.Expenses $143,264,114 · grants $142,942,173
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-7111099
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $948,240,809
- Income (IRS master file)
- $574,482,322
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $311,603,090 | $144,860,872 | $948,240,809 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $145,374,907 | $130,980,367 | $736,215,121 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $111,261,443 | $109,632,842 | $638,749,745 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-7111099).
Questions about THE BESSEMER GIVING FUND
- What is the EIN of THE BESSEMER GIVING FUND?
- The employer identification number (EIN) of THE BESSEMER GIVING FUND is 13-7111099.
- Is THE BESSEMER GIVING FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to THE BESSEMER GIVING FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE BESSEMER GIVING FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE BESSEMER GIVING FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE BESSEMER GIVING FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE BESSEMER GIVING FUND?
- The 990 for the year ended December 31, 2024 names BESSEMER TRUST COMPANY.
- Who are the officers and directors of THE BESSEMER GIVING FUND?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $45,000 (BESSEMER TRUST COMPANY, TRUSTEE).
- How much revenue does THE BESSEMER GIVING FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $311,603,090, expenses of $144,860,872 and total assets of $948,240,809 at year end.
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