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John S Phipps Family Foundation Bessemer Trust Co Na is a private trust based in WOODBRIDGE, NJ. The foundation received its IRS ruling in 1986. The principal officer is Bessemer Trust Co Na. It holds total assets of $15.9M. Annual income is reported at $5.4M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, John S Phipps Family Foundation Bessemer Trust Co Na has made 4 grants totaling $4.8M, with a median grant of $1.2M. Annual giving has grown from $1.2M in 2020 to $2.4M in 2022. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John S Phipps Family Foundation Bessemer Trust Co Na is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
John S Phipps Family Foundation Bessemer Trust Co Na has distributed a total of $4.8M across 4 grants. The median grant size is $1.2M, with an average of $1.2M. Individual grants have ranged from $1.2M to $1.2M.
John S Phipps Family Foundation Bessemer Trust Co Na typically selects its grantees rather than accepting unsolicited proposals.
John S Phipps Family Foundation Bessemer Trust Co Na is headquartered in WOODBRIDGE, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bessemer Trust Company | CORPORATE TRUSTEE | $9K | $0 | $9K |
| Michael Douglas | TRUSTEE | $0 | $0 | N/A |
| Stuart S Janney Iii | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$15.9M
Fair Market Value
N/A
Net Worth
$15.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$4.8M
Average Grant
$1.2M
Median Grant
$1.2M
Unique Recipients
1
Most Common Grant
$1.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Old Westbury Gardens IncGENERAL PURPOSE | Old Westbury, NY | $1.2M | 2022 |