Pennsylvania · Nonprofit
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (Pennsylvania) receives grants from 2550 organizations whose IRS filings report $2,199,131,148 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($185,019,115). 1659 of them have funded it in more than one year. TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
- Revenue FY2025
- $11.7B
- Funders on record
- 2,550
- Grants received
- $2.2B
- Net assets
- $28.9B
Hosts funds for others
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.
Paid out
$164M
Recipients
214
Contributions on record
$2.4B
Donors on record
2,693
Payments out are 0.07x the contributions on record, so the balance accumulates rather than passing straight through.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $24.6B to $31.2B (+27%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 11% · 2018 13% · 2019 10% · 2020 11% · 2021 11% · 2022 9% · 2023 10% · 2024 10% · 2025 10%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Raghavendran Ramanan
Trustee- chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 692 funders to 1058 funders, grant income rose $129M → $351M.
109 of 2550 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $217M from 152 payers (the payer shares this organization's board, largest Jewish Communal Fund); $30M from 2 payers (an institutional transfer, not a grant programme, largest Weitzman Family Foundation). These are real filings, and they are not money TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA raised.
From the IRS filings of TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA’s funders (the co-funder graph). Top 30 of 2550 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA draws 80% of its grant income from funders outside Pennsylvania, across 47 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $631M arriving through sponsors registered in 30 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.7B on record — $7.7B federal, $99k state.
- Department of Health and Human Services$6.4B
- National Science Foundation$520.6M
- Department of Defense$431.7M
- Department of Education$104.3M
- Department of Energy$104.1M
- National Aeronautics and Space Administration$24.9M
- MD$60k
- OK$34k
- OR$5k
- DE$420
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 22 states
Part of a family of 98 related entities
- Univ of Penn (Hk) Fnd Limited · disregarded
- Univ of Penn USA Foundation Ltd · disregarded
- Trustees of the Univ of Penn Ltd · disregarded
- Affilia Home Health · exempt
- Carl V S Patterson Irr · exempt
Screen this organization
A dated, signed PDF of the compliance screen for TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA?
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (Pennsylvania) receives grants from 2550 organizations whose IRS filings report $2,199,131,148 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($185,019,115). 1659 of them have funded it in more than one year. TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
- How many funders does TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA have?
- IRS filings report 2550 organizations giving $2,199,131,148 in grants to TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA, 1659 of which have funded it in more than one year.
- Who is the largest funder of TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $185,019,115 in grants. The full list of funders is on this page.
- How can an organization like TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2550 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing