Bessemer Giving Fund C/O Bessemer Trust Company Trustee

About Bessemer Giving Fund C/O Bessemer Trust Company Trustee

The largest recent grant in the record went to the Trustees of the University of Pennsylvania: $20,078,500 in 2024 for general support, medical research, and an OTT center fund. That single award captures a lot of how The Bessemer Giving Fund C/o Bessemer Trust Company Trustee gives: large, flexible gifts paired with support for research, education, and institutional infrastructure. The fund also appears as a major conduit for donor-advised philanthropy, with grants routed through charitable funds and foundations as well as directly to operating nonprofits and universities. Across the recent grants list, the foundation backs medical research institutions, schools, universities, and organizations running capital campaigns. It has also funded humanitarian relief connected to Ukraine and general support for environmental and civic groups. A recurring pattern is the use of unrestricted or broadly defined support, including general support, general operating support, and unrestricted gifts. Major awards in the file include repeated support for Waterkeeper Alliance Inc in New York and multiple gifts to fundraising intermediaries such as Fidelity Investments Charitable Gift Fund and Goldman Sachs Philanthropy Fund. The scale is substantial, but the giving pattern is broad rather than limited to one issue area or one recipient type.

What Bessemer Giving Fund C/O Bessemer Trust Company Trustee Funds

Medical research is a visible part of the portfolio. The Milken Institute received $1,787,011 in 2023 for medical research programs, and the University of Pennsylvania award combined general support with medical research and an OTT center fund. Education is another steady theme. Columbia Business School received $2,928,500 in 2023 for general support, while Stanford University Board of Trustees received an unrestricted gift of $1,599,000 in 2025. The fund also supported schools directly, including The Sage School and Sant Bani School, both through general support. Capital and campaign funding shows up as well. Potomac School received $3,000,000 in 2025 for a capital campaign, and Montage Health Foundation received $1,500,000 in 2024 for general support. Environmental and civic work appears through gifts to Waterkeeper Alliance Inc for general support, including a $3,855,000 grant in 2023.

How Bessemer Giving Fund C/O Bessemer Trust Company Trustee Gives