Pew Memorial Trust
501(c)(3) Donations tax-deductible
92% goes to programs Strong reserves Growing revenue
Pew Memorial Trust is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1959, with $563,705,651 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
Glenmede Tr Co 1650 Mkt St 4000, Philadelphia, PA, 19103 EIN 23-6234669 Since 1959
Revenue (FY2024)
$563.7M
▲ 31.5% vs prior year
Expenses (FY2024)
$181.1M
Net assets
$4.3B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating92% to programs
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 Pew Memorial Trust: 92% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating283 mo reserves · +68% margin
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 Pew Memorial Trust: 283 mo reserves · +68% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
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 Pew Memorial Trust: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Pew Memorial Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o.the organization provides substantial support to the pew charitable trusts, a public charity described in internal revenue code sections 501(c)(3) and 170(b)(1)(a)(vi), which conducts and funds programs designed to improve public policy, maintain public awareness of significant issues and trends, and invigorate civic life.
Contact & location
- Address
- Glenmede Tr Co 1650 Mkt St 4000, Philadelphia, PA, 19103
- City
- Philadelphia
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $243.8M (FY2020) to $563.7M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.3B
Operating margin
67.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.3B
Total liabilities
$0
Net assets
$4.3B
Salaries & benefits
$14.2M
8% of expenses
Board members
1
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $563,705,651▲31.5% | $181,091,644▼22.8% | $4,265,070,813▲7.4% | $4,265,070,813▲7.4% | 990 |
| 2023 | $428,587,774▼3.0% | $234,562,466▲4.6% | $3,969,937,584▲7.9% | $3,969,937,584▲7.9% | 990 |
| 2022 | $441,616,485▲41.3% | $224,300,060▲8.4% | $3,679,259,527▲12.9% | $3,679,259,527▲12.9% | 990 |
| 2021 | $312,519,832▲28.2% | $206,998,136▲2.2% | $3,258,905,531▲4.2% | $3,258,905,531▲4.2% | 990 |
| 2020 | $243,820,046 | $202,592,588 | $3,128,337,601 | $3,128,337,601 | 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.
Leadership & compensation (FY2024)
Highest-paid: The Glenmede Trust Co Na — $14,183,519 (7.83% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| The Glenmede Trust Co Na | Trustee | 40 | $14,183,519 |
Grants made · $166.4M in FY2024
1 grant totaling $166.4M in FY2024. All grants made by Pew Memorial Trust →
| Recipient | Purpose | Amount |
|---|---|---|
| Pew Charitable Trusts | To provide support to the pew charitable trusts | $166,433,201 |
Frequently asked questions
- Is Pew Memorial Trust a legitimate nonprofit?
- Yes. Pew Memorial Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-6234669, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Pew Memorial Trust's EIN?
- Pew Memorial Trust's Employer Identification Number (EIN) is 23-6234669.
- How much revenue does Pew Memorial Trust report?
- Pew Memorial Trust reported $563,705,651 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Pew Memorial Trust's spending goes to programs?
- Pew Memorial Trust spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pew Memorial Trust have?
- CharityIndex grades Pew Memorial Trust A, based on program efficiency and fundraising cost.
- How much does Pew Memorial Trust's highest-paid employee make?
- The highest reported compensation on Pew Memorial Trust's latest Form 990 is $14,183,519, paid to The Glenmede Trust Co Na (Trustee).
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Data for Pew Memorial Trust (EIN 23-6234669) 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.