The Bessemer Giving Fund
100 Woodbridge Center Drive, Woodbridge, NJ · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $311,603,090 | $144,860,872 | $948,240,809 |
| FY2023 | $145,374,907 | $130,980,367 | $736,215,121 |
| FY2022 | $111,261,443 | $109,632,842 | $638,679,745 |
| FY2021 | $291,598,256 | $126,231,468 | $757,899,558 |
| FY2020 | $215,208,816 | $96,940,931 | $574,514,115 |
| FY2019 | $210,062,584 | $123,597,084 | $409,038,487 |
| FY2018 | $242,399,122 | $171,917,463 | $284,567,558 |
| FY2017 | $107,807,791 | $32,472,674 | $241,726,191 |
| FY2016 | $69,101,713 | $14,383,966 | $152,451,146 |
| FY2015 | $34,530,317 | $17,968,829 | $93,898,825 |
| FY2014 | $34,399,755 | $12,571,625 | $81,093,487 |
| FY2013 | $15,718,487 | $7,715,862 | $60,956,786 |
| FY2012 | $17,567,755 | $7,209,427 | $49,253,312 |
| FY2011 | $9,302,045 | $10,641,077 | $36,818,790 |
Form 990 filings
The returns filed by The Bessemer Giving Fund (EIN 13-7111099), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $255,496,176 | 82% |
| Program service revenue | $0 | 0% |
| Other revenue | $56,106,914 | 18% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $143,264,114 | 99% |
| Management & general | $1,596,758 | 1% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 82% of total revenue in FY2024.
- Program services accounted for 99% of functional expenses, management & general 1%, and fundraising 0%.
- 99% of functional expenses went to program services in FY2024. That is higher than 92.4% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in NJ for a state comparison).
- Net assets covered about 78.6 months of expenses at the end of the reporting year. That puts it in the 47th percentile among 2219 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NJ.
- Total revenue was higher than 99.9% of 2320 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NJ.
- Total revenue rose from $9,302,045 in FY2011 to $311,603,090 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2011).
- Net assets grew from $36,818,790 to $948,240,809 between FY2011 and FY2024.
- Contributions and grants made up 91% of revenue in FY2011 and 82% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO RECEIVE CONTRIBUTIONS FROM THE PUBLIC AND MAKE GRANTS TO QUALIFIED RECIPIENT CHARITABLE ORGANIZATIONS.
IRS status
| Ruling year | 1998 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T22 — Philanthropy, Voluntarism & Grantmaking Foundations (in NJ) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Otsuka Patient Assistance Foundation Inc — Princeton, NJ · $313,171,148
- Community Foundation of New Jersey — Morristown, NJ · $211,932,280
- Delaware Atlantis Foundation — Pennington, NJ · $146,683,834
- Jewish Community Foundation of Greater Metrowest Nj — Whippany, NJ · $129,460,111
- Poses Family Foundation — Florham Park, NJ · $125,508,341
- Kars 4 Kids Inc — Lakewood, NJ · $91,976,496
- Masonic Charity Foundation of New Jersey — Burlington Twp, NJ · $55,355,094
- Jewish Federation of Greater Metrowest Nj — Whippany, NJ · $37,613,941
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.