Realdania
73% goes to programs Strong reserves Declining revenue
Realdania is a 501(c)(4) organization, registered in 2023, with $314,700,000 in FY2024 revenue. CharityIndex grades it B+, and it directs about 73% of spending to programs.
Copenhagen Da 1551, Denmark, 00000 EIN 98-0606302 Since 2023
Revenue (FY2024)
$314.7M
▲ 53.0% vs prior year
Community median: $184K
Expenses (FY2024)
$235.0M
Net assets
$4.0B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating73% 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 Realdania: 73% to programs earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating203 mo reserves · +25% 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 Realdania: 203 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Realdania: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Realdania: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Realdania strives to improve quality of life for all through the built environment with the overall goal of benefiting the common good.
What they do
* promoting sustainable cities *realdania aims to contribute to developing more sustainable cities that support people's lives and well-being. realdania gives grants to projects that support this cause. for example, realdania supports cities that are managing rising sea levels. through realdania's partnership with the danish ministry of environment, the organization has supported many danish cities in developing new strategies for managing risk and adapting to climate change.
* strategic association goals for the present and future generation *realdania's primary strategic goal is to make a difference for people now and in the future. to further this strategic goal, realdania aims to keep its equity stable with a long-term investment horizon and, in realdania's philanthropic work, the organization enters into long-term projects with potentially difficult agendas. one such example, among many, is the blox development project. blox has transformed a previously abandoned part of copenhagen into a lively forum for urban living that forges connections between the residents of copenhagen harbour and stimulates interest in architecture, design, and sustainable urban development through exhibitions, events, business development, and new partnerships.
Realdania's other program services include strengthening future society through new and adapted physical surroundings that fully consider the physical and mental health of all social groups that promote social inclusion and resolving the challenges facing outlying areas and rural districts in denmark by identifying and developing the positive potential of locally-bound qualities.
Contact & location
- Address
- Copenhagen Da 1551, Denmark, 00000
- City
- —
- State
- —
- Subcategory
- Community & Neighborhood Development
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $152.3M (FY2015) to $314.7M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $659.5MNet assets $4.0B
Operating margin
25.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.6B
Total liabilities
$659.5M
Net assets
$4.0B
Salaries & benefits
$14.2M
6% of expenses
Board members
110
99 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $314,700,000▲53.0% | $234,992,764▲16.1% | $3,983,800,000▲2.0% | $4,643,300,000▲1.1% | 990 |
| 2023 | $205,700,000▼29.9% | $202,426,509▼3.1% | $3,906,100,000▲5.8% | $4,591,400,000▲6.8% | 990 |
| 2022 | $293,300,000▼38.8% | $208,849,748▼33.1% | $3,690,400,000▼11.5% | $4,301,000,000▼12.1% | 990 |
| 2021 | $479,000,000▲169% | $312,237,347▲23.7% | $4,170,500,000▲3.9% | $4,892,500,000▲3.1% | 990 |
| 2020 | $178,300,000▲17.1% | $252,474,396▲22.3% | $4,014,100,000▲32.5% | $4,744,200,000▲32.5% | 990 |
| 2015 | $152,300,000 | $206,387,756 | $3,029,400,000 | $3,581,200,000 | 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: Jesper Nygard — $688,663 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jesper Nygard | Ceo | 37 | $688,663 |
| Kenneth Lillelund Winther | Cio | 37 | $383,508 |
| Nina Kovsted Helk | Director For Philanthropy | 37 | $382,413 |
| Kresten Dahl Juelner | Head of Real Estate | 37 | $307,530 |
| Henrik Stage | Cfo | 37 | $302,210 |
| Daniel Probst | Head of Equities | 37 | $263,024 |
| Casper Simonsen | Head of Mission-oriented Investments | 37 | $248,792 |
| Jesper Walther Sorensen | Head of Fixed Income | 37 | $248,380 |
| Poul Boss Sovang | Head of Private Equity | 37 | $246,531 |
| Lars Krarup | Board Member | 9 | $129,612 |
| Mette Kynne Frandsen | Board Member | 9 | $61,542 |
| Kristine Leth Juul | Board Member | 9 | $57,269 |
| Christina Holberg Fenger | Board Member | 9 | $43,204 |
| Gunde Odgaard | Board Member | 9 | $43,204 |
| Lars Hvidtfeldt | Board Member | 9 | $43,204 |
| Niels-ulrik Mousten | Board Member | 9 | $43,204 |
| Palle Adamsen | Board Member | 9 | $43,204 |
| Per Feldthaus | Board Member | 9 | $43,204 |
| Pernille Rusz Bloch | Board Member | 9 | $43,204 |
| Dorte Krak | Board Member | 7 | $29,436 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Axcel V | Management Fees | $2,428,806 |
| Bvip (parallel) Fund X LP Co Bv Inve | Management Fees | $2,055,807 |
| Hamilton Lane Investors Gp LLC General | Management Fees | $2,000,156 |
| L Catterton Growth Partners III LP | Management Fees | $1,977,791 |
| Londero Mosaik As | Office Refurbishment | $1,961,493 |
Grants made · $739K in FY2020
1 grant totaling $739K in FY2020. All grants made by Realdania →
| Recipient | Purpose | Amount |
|---|---|---|
| Global Compact Network USA Inc | Grant | $739,403 |
Frequently asked questions
- Is Realdania a legitimate nonprofit?
- Yes. Realdania is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 98-0606302.
- What is Realdania's EIN?
- Realdania's Employer Identification Number (EIN) is 98-0606302.
- How much revenue does Realdania report?
- Realdania reported $314,700,000 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Realdania's spending goes to programs?
- Realdania spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Realdania have?
- CharityIndex grades Realdania B+, based on program efficiency and fundraising cost.
- How much does Realdania's highest-paid employee make?
- The highest reported compensation on Realdania's latest Form 990 is $688,663, paid to Jesper Nygard (Ceo).
Explore more
Data for Realdania (EIN 98-0606302) 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.