Procter & Gamble Benefit Plan Trust
501(c)(9)
Only null% goes to programs Strong reserves
Procter & Gamble Benefit Plan Trust is a 501(c)(9) organization based in Cincinnati, Ohio, registered in 1982, with $106,407,460 in FY2023 revenue. CharityIndex grades it C.
2 Procter and Gamble Plz, Cincinnati, OH, 45202 EIN 31-1018491 Since 1982
Revenue (FY2023)
$106.4M
▲ 2.2% vs prior year
Expenses (FY2023)
$104.4M
Net assets
$79.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Procter & Gamble Benefit Plan Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +2% 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 Procter & Gamble Benefit Plan Trust: 9 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
FGovernance25% of the rating0 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 Procter & Gamble Benefit Plan Trust: 0 of 6 checks met earns a F on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Procter & Gamble Benefit Plan Trust: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide certain welfare benefits for the u.s. procter & gamble company employees.
Contact & location
- Address
- 2 Procter and Gamble Plz, Cincinnati, OH, 45202
- City
- Cincinnati
- State
- Ohio
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $58.5M (FY2013) to $106.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $71KNet assets $79.0M
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$79.1M
Total liabilities
$71K
Net assets
$79.0M
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $106,407,460▲2.2% | $104,430,053▲6.3% | $78,997,054▲4.8% | $79,068,499▲4.6% | 990 |
| 2022 | $104,143,467▲6.6% | $98,225,320▼1.2% | $75,397,588▲9.0% | $75,607,720▲9.3% | 990 |
| 2021 | $97,679,425▼1.4% | $99,408,042▲0.1% | $69,155,430▼3.3% | $69,184,153▼3.2% | 990 |
| 2020 | $99,051,599▲13.4% | $99,271,167▲13.9% | $71,483,601▼10.0% | $71,483,601▼10.0% | 990 |
| 2019 | $87,358,038▼2.4% | $87,182,087▲2.6% | $79,402,860▲3.6% | $79,415,790▲3.4% | 990 |
| 2018 | $89,526,063▲4.9% | $84,940,971▲2.0% | $76,652,985▲5.1% | $76,818,832▲5.0% | 990 |
| 2017 | $85,364,085▲0.6% | $83,281,685▲8.4% | $72,937,549▲3.0% | $73,145,936▲3.2% | 990 |
| 2016 | $84,886,809▲6.1% | $76,844,348▼2.8% | $70,844,811▲15.4% | $70,861,554▲15.2% | 990 |
| 2015 | $80,028,791▲30.2% | $79,072,394▲27.7% | $61,410,845▲3.1% | $61,487,402▲2.3% | 990 |
| 2014 | $61,483,717▲5.2% | $61,935,270▲11.3% | $59,571,089▼0.2% | $60,120,461▲0.5% | 990 |
| 2013 | $58,454,006 | $55,627,733▼41.8% | $59,687,424▲7.9% | $59,844,334▲8.1% | 990 |
| 2012 | — | $95,562,132▼83.1% | $55,342,832▼44.4% | $55,342,832▼45.2% | 990 |
| 2011 | — | $565,687,400▲3.5% | $99,520,271▲12.1% | $100,961,016▲13.4% | 990 |
| 2010 | — | $546,682,104 | $88,745,617 | $89,067,695 | 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 (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin Whitham | Investment Committee Membe | 0.1 | — |
| Laurie Alagha | Investment Committee Membe | 0.1 | — |
| Matt Janzaurk | Investment Committee Membe | 0.1 | — |
| The Northern Trust Company | Trustee | 0.1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| United Healthcare Insurance Company | Claims Processing | $17,173,942 |
| Cigna Health and Life Insurance Company | Claims Processing | $1,791,404 |
| Cigna Health and Life Insurance Company | Administration Svcs. | $687,389 |
| Best Doctors | Claims Processing | $633,537 |
| Genex Services LLC | Claims Processing | $248,752 |
Frequently asked questions
- Is Procter & Gamble Benefit Plan Trust a legitimate nonprofit?
- Yes. Procter & Gamble Benefit Plan Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 31-1018491, based in Cincinnati, Ohio.
- What is Procter & Gamble Benefit Plan Trust's EIN?
- Procter & Gamble Benefit Plan Trust's Employer Identification Number (EIN) is 31-1018491.
- How much revenue does Procter & Gamble Benefit Plan Trust report?
- Procter & Gamble Benefit Plan Trust reported $106,407,460 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Procter & Gamble Benefit Plan Trust have?
- CharityIndex grades Procter & Gamble Benefit Plan Trust C, based on financial health (reserves and operating margin).
- How much does Procter & Gamble Benefit Plan Trust's highest-paid employee make?
- The highest reported compensation on Procter & Gamble Benefit Plan Trust's latest Form 990 is $0, paid to Kevin Whitham (Investment Committee Membe).
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Data for Procter & Gamble Benefit Plan Trust (EIN 31-1018491) 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.