BF
LP profile
Bush Foundation
Foundation · Founded 1953 · Saint Paul, United States
24
VC firms backed
$1.0B
AUM
~$30M
Allocated to VC (est. 3%)
01 · Background
Who Bush Foundation is.
- Historical Background
- The Bush Foundation was established in 1953 by Archibald Bush, a 3M executive, and his wife, Edyth. A cornerstone of the foundation's history is the Bush Fellowship program, which was created in 1964 and has supported the development of nearly 2,500 leaders.
- Source of Capital
- The foundation's capital originates from the endowment provided by Archibald Bush.
- Major Events
- In 2021, the foundation made a significant commitment of $100 million to establish two community trust funds aimed at addressing wealth disparities for Black and Native American individuals.
- Allocation Strategy
- The Bush Foundation's grantmaking is geographically focused on Minnesota, North Dakota, South Dakota, and the 23 Native nations within that area. The foundation operates through open grantmaking programs that support both organizations and individuals. A key aspect of their strategy is to invest in community-driven solutions and leadership development.
02 · Fund commitments
The funds Bush Foundation backs.
Bush Foundation is a limited partner in 24 funds. 6 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Sequoia Capital
#2 Power Law
IVP
#84 Power Law
Canaan
#103 Power Law
Threshold Ventures
#115 Power Law
Peak XV Partners
#207 Power Law
StepStone Group
#497 Power Law
Advent International
Brown Venture Group
Capital Today
Coral Group
Element Partners
Garrison Investment Group
Global Infrastructure Partners
Glouston Capital Partners
HSG
MBK Partners
03 · Allocation
How Bush Foundation’s fund book is spread.
The 24 funds Bush Foundation backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 2083%
- Rest of world 417%
United States 20 · China 2 · India 1 · South Korea 1
How established those managers are
Managers grouped by how many funds they have raised — across the 14 of 24 with a fund history on record.
Emerging funds · 2
Established funds · 12
1
1
2
1
3
4
4
5-6
3
7-9
1
10-14
4
15+
Funds raised by the manager
04 · Direct investments
The companies Bush Foundation backs directly.
Bush Foundation holds 2 companies directly, separate from the funds it commits to as a limited partner.
Claros Technologies
$220M valuation
We Sparkle Co
05 · Other LPs
Other LPs.
Other foundations in the Power Law LP ranking, closest to Bush Foundation by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Alfred duPont Charitable Trust
$4.5B AUM
25 VC funds backed
🇺🇸
Gordon and Betty Moore Foundation
$9.0B AUM
25 VC funds backed
🇺🇸
Doris Duke Charitable Foundation
$2.0B AUM
30 VC funds backed
🇺🇸
Skoll Foundation
$2.0B AUM
51 VC funds backed
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The Ford Family Foundation
$1.3B AUM
32 VC funds backed
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Jane and Daniel Och Family Foundation
8 VC funds backed
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Klarman Family Foundation
$200M AUM
12 VC funds backed
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Blandin Foundation
$400M AUM
40 VC funds backed