The Geoffrey Beene Foundation was founded in 2006 by G. Thompson Hutton, Esq. (under his discretionary authority as Executor of the Estate of Geoffrey Beene) to support major causes, the most critical being the establishment and creation in 2006 of the Geoffrey Beene Cancer Research Center at Memorial Sloan Kettering Cancer Center. Hutton initiated and orchestrated the creation of the Geoffrey Beene Cancer Research Center with Harold Varmus, M.D. (Nobel Laureate), for which both Geoffrey Beene, LLC and the Geoffrey Beene Foundation have been the sole funding sources. Since its creation in 2006, the Geoffrey Beene Cancer Research Center has served as the nucleus for revolutionary new research approaches in preventing, diagnosing and treating cancer. Together the Geoffrey Beene Foundation and Geoffrey Beene, LLC have funded approximately 115 separate new revolutionary research initiatives across all cancers to develop new treatments and diagnostics for cancer patients. The new research has resulted in major breakthroughs in multiple cancers, saving thousands of lives.

The Geoffrey Beene Foundation has also supported causes relating to educational scholarships, veterans, protection of women, children and their families, animal welfare, Alzheimer’s, heart disease, scientific awards for builders of science institutions and initiatives relating to the fashion industry, such as the creation of the Counsel of Fashion Designers of America annual Geoffrey Beene Lifetime Achievement Award.