National Philanthropic Tr is a 501(c)(3) organization based in Jenkintown, Pennsylvania, registered in 1996, with $15,875,636,840 in FY2023 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
Revenue (FY2023)
$15.9B
▲ 58.0% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$5.7B
Net assets
$41.9B
Employees
286
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For National Philanthropic Tr: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Philanthropic Tr: 88 mo reserves · +64% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National Philanthropic Tr: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Philanthropic Tr: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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National philanthropic trust is a public charity dedicated to increasing philanthropy in society.
Revenue grew from $1.0B (FY2014) to $15.9B (FY2023) across 10 reported years.
Financial snapshot
Operating margin
64.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.2B
Total liabilities
$345.5M
Net assets
$41.9B
Salaries & benefits
$36.0M
1% of expenses
Board members
17
16 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $15,875,636,840▲58.0% | $5,698,880,841▲25.2% | $41,882,463,155▲50.0% | $42,227,968,504▲49.5% | 990 |
| 2022 | $10,049,957,919▼30.1% | $4,551,288,607▼19.2% | $27,919,223,352▲31.4% | $28,241,290,750▲30.5% | 990 |
| 2021 | $14,381,775,406▲52.2% | $5,636,152,371▼12.7% | $21,249,469,104▲35.7% | $21,633,283,286▲35.3% | 990 |
| 2020 | $9,451,775,219▲76.3% | $6,452,766,122▲176% | $15,654,008,855▲49.3% | $15,989,076,969▲46.7% | 990 |
| 2019 | $5,359,931,234▲87.5% | $2,338,371,955▲68.0% | $10,483,958,397▲36.9% | $10,895,730,712▲37.9% | 990 |
| 2018 | $2,858,611,746▼3.0% | $1,392,264,229▲36.5% | $7,660,326,110▲27.6% | $7,903,084,730▲29.8% | 990 |
| 2017 | $2,946,578,916▲51.1% | $1,019,825,493▲27.4% | $6,002,268,831▲45.9% | $6,088,409,005▲45.9% | 990 |
| 2016 | $1,950,306,522▲88.9% | $800,450,520▲30.2% | $4,113,914,210▲49.7% | $4,173,264,893▲50.9% | 990 |
| 2015 | $1,032,575,220▲2.8% | $614,989,624▼5.3% | $2,747,886,234▲12.2% | $2,764,792,700▲11.7% | 990 |
| 2014 | $1,004,172,441 | $649,712,974 | $2,448,104,722 | $2,475,518,633 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Eileen R Heisman — $895,670 (0.02% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Eileen R Heisman | Trustee, President & Ceo | 40 | $895,670 |
| John Canady | Ceo Npt-uk & Npt-transatlantic | 40 | $486,850 |
| Jaidip Chanda Thru 101824 | Chief Development Officer | 40 | $475,587 |
| Christopher Adams | Chief Information Officer | 40 | $452,805 |
| Gil A Nusbaum | General Counsel | 40 | $411,156 |
| Jennifer Mulhall-brereton | Chief Philanthropic Services Officer | 40 | $385,959 |
| Andrew W Hastings | Chief Enterprise Officer | 40 | $348,050 |
| Joseph C Gajewski | Evp, Premier Donor Services | 40 | $313,052 |
| Elizabeth Monahan | Chief Human Resources Officer | 40 | $303,037 |
| Jeffrey C Gerold | Vp of Advisor Engagement Development | 40 | $268,216 |
| Lisa Barr | Senior Director Regional Development | 40 | $242,603 |
| Ellen M Mcguinn | Former Treasurer/cfo (thru 6/23/23) | 0 | $237,495 |
| Andrea Rush Asst Secretary | Svp of Philanthropic Services | 40 | $236,557 |
| Debra Falk | Deputy General Counsel & Secretary | 40 | $226,487 |
| Jeremy Schwartz | Vp of Finance, Asst. Treasurer | 40 | $193,794 |
| Andrea Katz Thru 62524 | Controller, Asst. Treasurer | 40 | $139,481 |
| Quinn Rowan | Paralegal & Asst. Secretary | 40 | $86,712 |
| Christina Hack | Cfo, Treasurer (as of 11/1/23) | 40 | $48,450 |
| Ann Dugan | Trustee | 2 | — |
| Connie Collingsworth | Trustee (as of 10/31/23) | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Iconiq Capital LLC | Consulting | $2,003,350 |
| Patterson Belknap Webb & Tyler LLP | Legal | $509,894 |
| Rsm Us LLP | Audit, Tax and Consulting | $367,604 |
| Valor Advisors LLC | Consulting | $360,000 |
| Ap Advisors LLC | Consulting | $345,954 |
365 grants to National Philanthropic Tr totaling $7.5B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $1,591,322,838 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $274,122,388 |
| Impactassets Inc | General support | 2024 | $160,826,426 |
| American Endowment Foundation | Philanthropy | 2024 | $49,838,327 |
| Dechomai Foundation Inc | Unrestricted | 2024 | $31,150,506 |
| Denver Foundation | Philanthropy, voluntarism & grantmaking foundations n.e.c. | 2024 | $25,000,000 |
| Future Forward USA Action | Primary purpose | 2024 | $16,750,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $4,627,660 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $3,382,673 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $2,540,929 |
| Greater Houston Community Foundation | Public benefit | 2024 | $2,000,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $1,978,796 |
| Arizona Community Foundation | This award is designated support for the j&g hull donor advised fund on behalf of john & gail m. hull | 2024 | $1,728,959 |
| Ayco Charitable Foundation | Community & human services | 2024 | $1,601,697 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $1,402,176 |
18,583 grants totaling $5.1B in FY2023 — showing the 15 largest. All grants made by National Philanthropic Tr →
| Recipient | Purpose | Amount |
|---|---|---|
| Silicon Valley Community Foundation | Public, societal benefit | $366,362,375 |
| Fidelity Investments Charitable Gift Fund | Public, societal benefit | $242,538,360 |
| Renaissance Charitable Foundation Inc | Education | $232,159,325 |
| Johns Hopkins University | Human services | $188,179,282 |
| Blue Meridian Partners Inc | Environment, animals | $150,000,000 |
| Climate Imperative Foundation | Culture & arts | $104,600,000 |
| California Academy of Studio Arts I Nc | Public, societal benefit | $83,105,000 |
| New Venture Fund | Public, societal benefit | $82,092,503 |
| Donor Advised Charitable Giving | Education | $72,074,515 |
| The Board of Trustees of the Leland Stanford Junior University | Education | $66,293,027 |
| Xq Institute | Education | $60,248,075 |
| Rockefeller University | Environment, animals | $41,966,876 |
| Jeremy and Hannelore Grantham Environmental Trust | Education | $40,019,087 |
| 50can Inc | Education | $39,325,000 |
| President and Fellows of Harvard College | Education | $38,665,674 |
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Data for National Philanthropic Tr (EIN 23-7825575) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.