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The Bessemer Giving Fund CO Bessemer Trust Company Trustee

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 137111099 ✦ Woodbridge, NJ ✦ Designated as a 501(c)(3)

Overview

What is The Bessemer Giving Fund CO Bessemer Trust Company Trustee?

The Bessemer Giving Fund CO Bessemer Trust Company Trustee is a charitable organization based in Woodbridge, New Jersey. They primarily function as a recipient of donations from the public and distribute grants to eligible charitable organizations, adhering to legal and regulatory guidelines. Their mission is to make a positive impact through financial contributions to qualifying charitable entities.


Is The Bessemer Giving Fund CO Bessemer Trust Company Trustee legitimate?

The Bessemer Giving Fund C/O Bessemer Trust Company Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bessemer Giving Fund C/O Bessemer Trust Company Trustee submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The Bessemer Giving Fund CO Bessemer Trust Company Trustee?
Who is the CEO of The Bessemer Giving Fund CO Bessemer Trust Company Trustee?
What is the revenue of The Bessemer Giving Fund CO Bessemer Trust Company Trustee?
Who are the executives of The Bessemer Giving Fund CO Bessemer Trust Company Trustee and what are their salaries?
Where can I find the form 990 for The Bessemer Giving Fund CO Bessemer Trust Company Trustee?

Mission Statement of The Bessemer Giving Fund CO Bessemer Trust Company Trustee

The Bessemer Giving Fund CO Bessemer Trust Company Trustee is a charitable organization that serves as a conduit for public contributions. Its mission is to collect donations from various sources and distribute them to eligible charitable organizations in accordance with applicable laws and regulations. The organization's primary role is to facilitate philanthropic giving and support causes that bring about positive change in communities.

By gathering charitable contributions, The Bessemer Giving Fund CO Bessemer Trust Company Trustee acts as a bridge between donors and the organizations that require funding. It ensures that the donations are dispersed effectively and efficiently to make a significant impact on the intended beneficiaries. The organization's grantmaking process is guided by the principles of transparency, accountability, and fairness, ensuring that every contribution is utilized to its full potential for charitable purposes.

The Bessemer Giving Fund CO Bessemer Trust Company Trustee's role in the philanthropic landscape is essential, as it enables donors to make a difference in the world by channeling their resources to causes they care about. The organization's grantmaking activities bring hope, relief, and opportunities to countless individuals and organizations, enhancing their capacity to create positive change in their communities and beyond. By fostering a culture of giving and collaboration, The Bessemer Giving Fund CO Bessemer Trust Company Trustee contributes to building a better, more compassionate world, one grant at a time.

Impact

This information is meant to be a general summary of The Bessemer Giving Fund CO Bessemer Trust Company Trustee. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of The Bessemer Giving Fund CO, managed by Bessemer Trust Company Trustee, lies in its ability to efficiently channel charitable contributions from the public towards qualified charitable organizations and projects. By acting as a conduit for philanthropic giving, this fund plays a crucial role in supporting various charitable causes and initiatives. Through its grant-making activities, The Bessemer Giving Fund CO contributes to the betterment of society by providing essential financial support to organizations working towards charitable purposes.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-3,633,177
  • Program Service Revenue: $0
  • Gross Receipts: $306,071,676

    • Assets and Liabilities:
  • Total Assets: $638,749,745
  • Total Liabilities: $70,000
  • Net Assets: $638,679,745
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Bessemer Trust Company

    Main Address

    100 WOODBRIDGE CENTER DRIVE, WOODBRIDGE, NJ, 07095

    NTEE Category

    Code: S50 - Community improvement

    If you are a representative of The Bessemer Giving Fund CO Bessemer Trust Company Trustee and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.