The BEST Foundation is a New Jersey nonprofit corporation whose primary mission is to make gifts, grants and contributions to educational, scientific and charitable institutions or organizations. The major contributor to the BEST Foundation is BEST (Bayesian Efficient Strategic Trading, LLC), a company that develops, licenses and maintains Bayesian based investment strategies.

Some of the past and current recipients are:

The BEST Award for Student Research

Institute of Statistics & Decision Sciences
Duke University

Arnold Zellner Doctoral Prize

Restoration of Thomas Bayes’ Tomb 2007

The 27th Annual International Symposium on Forecasting