TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

PHILADELPHIA, PA, 191046284 (215) 898-8967 Est. 1740 EIN 23-1352685
B430 - Education 990 - Public charity return 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
309
Total Giving
$165.0M
Recipients
260
Years Active
2017 - 2024
Avg grant: $1,131,174 Median: $20,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024127$18.1M $143K10423
202263$9.1M $144K4319
202170$23.0M $329K2213
202023$95.7M $4.2M194
201920$10.0M $499K82
20176$9.1M $1.5M30

Sectors Funded

Human Services
37
Education
35
Health Care
27
Diseases & Disorders
25
Community Improvement
22
Arts, Culture & Humanities
17
Philanthropy & Grantmaking
16
International & Foreign Affairs
10
and 15 more sectors

Top States

Pennsylvania
225
New Jersey
17
New York
16
District of Columbia
12
Virginia
6
Illinois
5
Massachusetts
5
Washington
3
and 12 more states

Grantee Size Profile

Over $50M
83
$1M - $5M
71
$10M - $50M
60
$5M - $10M
20
$500K - $1M
18
$100K - $500K
16
Under $100K
4

Top Grantees

Page 1 of 3
SCHOOL DISTRICT OF PHILADELPHIA
PA - 9 grants
$111.5M
$37.1M
$1.1M
$932K
PA - 4 grants
$405K

Grants Awarded · 284 grants

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Financials

Total Revenue
$11,670,540,000
Total Expenses
$11,009,921,000
Net Assets
$28,933,721,000
63,003 employees 29,873 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
2.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 8.6%
Expenses ↑ 10.1%
Revenue Sources
Contributions 17.0% Earned revenue 70.3% Investment 7.7% Other 5.0%
Expense Breakdown
Program 89.9% Management 8.8% Fundraising 1.3%

Officers & Trustees (96)

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Filing History (9 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$11,670,540,000 ↑$11,009,921,000$28,933,721,000
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$9,925,251,000 ↓$9,264,364,000$25,367,783,000
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$11,078,595,000 $8,255,789,000$24,659,832,000
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$11,078,595,000 ↑$8,255,789,000$24,659,832,000
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$9,337,742,000 ↑$7,564,187,000$22,788,464,000
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$7,624,539,000 $7,213,047,000$16,326,348,000
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$7,624,539,000 ↑$7,213,047,000$16,326,348,000
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$7,238,854,000 $6,538,611,000$15,409,177,000
2017 990 - Public charity return
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