Skip to content
Nonprofiteer
← ANNENBERG SCHOOL FOR COMMUNICATION TR AT THE UNIVERSITY OF PA

Form 990 for tax year 2024

Filed by ANNENBERG SCHOOL FOR COMMUNICATION TR AT THE UNIVERSITY OF PA.

Totals

Total revenue
$9,441,212
Total expenses
$9,464,872
Contributions and grants received
$0
Grants paid
$9,441,212
Program service revenue
$0
Investment income
$9,441,212
Other revenue
$0
Total assets, end of year
$122,970,450
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$122,970,450
Program services expenses (Part IX)
$9,441,212
Management and general expenses
$23,660
Fundraising expenses
$0
Program service expenses (Part III)
$9,441,212

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $9,441,212 · unrelated business $0 · excluded $9,441,212

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,441,212 · program services $9,441,212

  • 11b · Fees: legal

    total $23,573 · program services $0 · management and general $23,573 · fundraising $0

  • 24a · Other expenses: Dilworth Paxson LLP Legal Cost

    total $87 · program services $0 · management and general $87 · fundraising $0

Balance sheet

Part X, book values.

  • 15 · Other assets

    beginning of year $122,994,110 · end of year $122,970,450

  • 28 · Net assets with donor restrictions

    beginning of year $122,994,110 · end of year $122,970,450

Mission and programs · 2024

Mission

To support the Annenberg School for Communication at the University of Pennsylvania

  • The Annenberg School for Communication Trust at the University of Pennsylvania (hereinafter the Trust) is a charitable trust established under the laws of the Commonwealth of Pennsylvania exclusively for the benefit of The Annenberg School for Communication at the University of Pennsylvania (hereinafter the Annenberg School), which is the school for the study of communications at the University of Pennsylvania, an organization described in Section 501(c)(3) and 170(b)(1)(A)(ii) of the Internal Revenue Code (Code), located in Philadelphia, Pennsylvania. The Annenberg School is a component part of the University of Pennsylvania and is governed and operated by the Trustees of the University of Pennsylvania. Pursuant to an IRS Determination Letter dated June 6, 2002, the Trust is a tax-exempt organization under Section 501(c)(3) of the Code and a supporting organization under Section 509(a)(3) of the Code. Pursuant to an IRS Determination letter dated November 4, 2010, the Trust is classified as a Type III supporting organzization. The activities of the Trust are limited to the trustees making distributions of principal and income of the Trust to the University of Pennsylvania, exclusively for the benefit of the Annenberg School, pursuant to the Trust instrument. This Form 990 is being filed for a taxable year beginning July 1, 2024 and ending June 30, 2025. Distributions to the University of Pennsylvania were made during the Trusts taxable year in the amount of $9,406,065.

    Expenses $9,464,871 · Grants $9,441,212 · Revenue $9,441,212

As filed on the 2024 return.

Listed in Part VII

  • Sarah Banet-Weiser

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Wallis Annenberg

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • David Ulich

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Diane Deshong

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • John R Latourette

    Trustee

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 October 2025
IRS schema version
2024v5.2
Source object
202523169349304067

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.