TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

PHILADELPHIA, PA, 19104-6205 (215) 898-8967 Est. 1740 EIN 23-1352685
B430— Education Form 990 501(c)(3)
WWW.UPENN.EDU

Mission

THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") SEES ITSELF AS HAVING A PUBLIC SERVICE MISSION. IN SUCH REGARD, THE UNIVERSITY AIMS TO PROVIDE A RICH AND DIVERSE EDUCATIONAL ENVIRONMENT FOR ITS STUDENTS; TO PIONEER RESEARCH THAT PUSHES THE BOUNDARIES OF CURRENT HUMAN KNOWLEDGE; AND TO PROVIDE THE MOST CURRENT AND HIGHEST QUALITY PATIENT CARE THROUGH THE UNIVERSITY HEALTH SYSTEM.

Giving Portfolio

Total Grants
180
Total Giving
$146.8M
Recipients
132
Years Active
2017 - 2022
Avg grant: $1,339,340 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202263$9.1M $144K4319
202170$23.0M $329K2213
202023$95.7M $4.2M194
201918$9.9M $551K72
20176$9.1M $1.5M30

Sectors Funded

Human Services
28
Education
18
Community Improvement
18
Diseases & Disorders
17
Health Care
16
Philanthropy & Grantmaking
9
Religion-Related
7
Arts, Culture & Humanities
6
and 12 more sectors

Top States

Pennsylvania
140
New Jersey
12
District of Columbia
7
New York
6
Illinois
3
South Carolina
2
Washington
2
Virginia
2
and 4 more states

Grantee Size Profile

Over $50M
46
$1M - $5M
44
$10M - $50M
32
$100K - $500K
12
$500K - $1M
11
$5M - $10M
11
Under $100K
1

Top Grantees

Page 1 of 3
SCHOOL DISTRICT OF PHILADELPHIA
PA - 8 grants
$107.2M
$32.7M
$1.1M
PA - 2 grants
$200K
$198K
PA - 2 grants
$150K

Grants Awarded · 161 grants

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Financials

Total Revenue
$9,925,251,000
Total Expenses
$9,264,364,000
Net Assets
$25,367,783,000
59,792 employees 27,677 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
2.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 10.4%
Expenses ↑ 12.2%
Revenue Sources
Contributions 19.1% Earned revenue 67.3% Investment 6.9% Other 7.0%
Expense Breakdown
Program 89.5% Management 9.1% Fundraising 1.4%

Officers & Trustees (104)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2022 Form 990
Jul 1, 2022 to Jun 30, 2023
$9,925,251,000 $9,264,364,000$25,367,783,000
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$11,078,595,000 $8,255,789,000$24,659,832,000
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$11,078,595,000 $8,255,789,000$24,659,832,000
2020 Form 990
Jul 1, 2020 to Jun 30, 2021
$9,337,742,000 $7,564,187,000$22,788,464,000
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$7,624,539,000 $7,213,047,000$16,326,348,000
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$7,624,539,000 $7,213,047,000$16,326,348,000
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$7,238,854,000 $6,538,611,000$15,409,177,000
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$7,238,854,000 $6,538,611,000$15,409,177,000

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EIN: 23-1352685 · Source: IRS Form 990 e-file data