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Nonprofiteer
← NATIONAL PHILANTHROPIC TR

Form 990 for tax year 2024

Filed by NATIONAL PHILANTHROPIC TR.

Totals

Total revenue
$17,794,939,562
Total expenses
$6,575,730,481
Contributions and grants received
$15,153,667,777
Grants paid
$6,415,072,479
Program service revenue
$0
Investment income
$2,638,272,235
Other revenue
$2,999,550
Total assets, end of year
$56,096,033,883
Total liabilities, end of year
$293,679,377
Net assets or fund balances, end of year
$55,802,354,506
Program services expenses (Part IX)
$6,529,244,252
Management and general expenses
$33,612,196
Fundraising expenses
$12,874,033
Program service expenses (Part III)
$6,529,244,252

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • HOLLY WELCH STUBBING

    PRESIDENT & CEO (AS OF 2/26/25)

    Total calculated
    $801,307
    From this org
    $781,583
    From related orgs
    $0
    Other
    $19,724
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $607,026
    Bonus
    $150,867
    Other
    $23,690
    Deferred
    $0
    Nontaxable benefits
    $19,724
    Filer's total
    $801,307

  • JEFFREY ARMBRISTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • PETE CARLSON

    TRUSTEE (AS OF 6/16/25)

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • CONNIE COLLINGSWORTH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • ANN DUGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JULIUS GREEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • STEPHEN HOPKINS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • DIRK JUNGE

    TRUSTEE (THRU 10/31/24)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • LINDY MORENO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • LISA PATTIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • ERIC REEVES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • DIANA SANDS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • PAUL SCHREIBER

    TRUSTEE (THRU 10/31/24)

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • MANISH SHAH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • WARREN THALER

    TRUSTEE (AS OF 10/31/24)

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • TAMARA WATTS

    TRUSTEE (AS OF 10/31/24)

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • DAVID WEZDENKO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • SUZANNE YOON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • LINDA MYERS

    TRUSTEE, CHAIR

    Total calculated
    $0
    Hours/week
    4 + 1 related

  • JORAM BORENSTEIN

    TRUSTEE, VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • CHRISTINA HACK

    CHIEF FINANCIAL OFFICER, TREASURER

    Total calculated
    $451,762
    From this org
    $411,959
    From related orgs
    $0
    Other
    $39,803
    Hours/week
    40 + 15 related

    Schedule J breakdown matched by us

    Base
    $320,369
    Bonus
    $67,900
    Other
    $23,690
    Deferred
    $13,949
    Nontaxable benefits
    $25,854
    Filer's total
    $451,762

  • ANDREA C RUSH - SVP

    PHILANTHROPIC SERVICES, ASST SEC.

    Total calculated
    $372,050
    From this org
    $320,479
    From related orgs
    $0
    Other
    $51,571
    Hours/week
    40 + 15 related

    Schedule J breakdown matched by us

    Base
    $219,389
    Bonus
    $100,400
    Other
    $690
    Deferred
    $19,426
    Nontaxable benefits
    $32,145
    Filer's total
    $372,050

  • CHRIS BLUME - CHIEF OPERATING

    OFFICER, ASST TREAS. (AS OF 2/26/25)

    Total calculated
    $363,610
    From this org
    $320,142
    From related orgs
    $0
    Other
    $43,468
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $233,193
    Bonus
    $85,659
    Other
    $1,290
    Deferred
    $14,207
    Nontaxable benefits
    $29,261
    Filer's total
    $363,610

  • JEREMY SCHWARTZ

    VP FINANCE, ASST TREASURER

    Total calculated
    $344,320
    From this org
    $303,644
    From related orgs
    $0
    Other
    $40,676
    Hours/week
    40 + 15 related

    Schedule J breakdown matched by us

    Base
    $218,090
    Bonus
    $85,284
    Other
    $270
    Deferred
    $8,122
    Nontaxable benefits
    $32,554
    Filer's total
    $344,320

  • DEBRA FALK

    DEPUTY GENERAL COUNSEL, SECRETARY

    Total calculated
    $306,252
    From this org
    $262,430
    From related orgs
    $0
    Other
    $43,822
    Hours/week
    40 + 15 related

    Schedule J breakdown matched by us

    Base
    $202,070
    Bonus
    $60,060
    Other
    $300
    Deferred
    $11,677
    Nontaxable benefits
    $32,145
    Filer's total
    $306,252

  • QUINN ROWAN

    PARALEGAL, ASST SECRETARY

    Total calculated
    $136,163
    From this org
    $101,518
    From related orgs
    $0
    Other
    $34,645
    Hours/week
    40 + 12 related

  • KISHOR DAGA - VP FIN REPORTING

    ASST TREASURER (AS OF 2/26/25)

    Total calculated
    $80,778
    From this org
    $80,778
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 3 related

  • JOHN CANADY

    CEO - NPT UK AND NPT TRANSATLANTIC

    Total calculated
    $589,725
    From this org
    $547,400
    From related orgs
    $0
    Other
    $42,325
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,000
    Bonus
    $134,400
    Other
    $23,000
    Deferred
    $23,658
    Nontaxable benefits
    $18,667
    Filer's total
    $589,725

  • GIL A NUSBAUM

    CHIEF ADMINISTRATIVE & LEGAL OFFICER

    Total calculated
    $570,107
    From this org
    $516,967
    From related orgs
    $0
    Other
    $53,140
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $331,637
    Bonus
    $161,880
    Other
    $23,450
    Deferred
    $20,175
    Nontaxable benefits
    $32,965
    Filer's total
    $570,107

  • JENNIFER MULHALL-BRERETON

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $536,464
    From this org
    $515,764
    From related orgs
    $0
    Other
    $20,700
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $334,754
    Bonus
    $157,320
    Other
    $23,690
    Deferred
    $20,700
    Nontaxable benefits
    $0
    Filer's total
    $536,464

  • ANDREW W HASTINGS - EXECUTIVE

    FAMILY OFFICE & PRIVATE CLIENT DEV.

    Total calculated
    $473,721
    From this org
    $436,536
    From related orgs
    $0
    Other
    $37,185
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,296
    Bonus
    $120,950
    Other
    $24,290
    Deferred
    $13,650
    Nontaxable benefits
    $23,535
    Filer's total
    $473,721

  • JAIDIP CHANDA THRU 101824

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $445,836
    From this org
    $431,400
    From related orgs
    $0
    Other
    $14,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $297,913
    Bonus
    $132,912
    Other
    $575
    Deferred
    $14,436
    Nontaxable benefits
    $0
    Filer's total
    $445,836

  • MATT ROVI

    CHIEF GROWTH OFFICER (AS OF 1/16/25)

    Total calculated
    $341,952
    From this org
    $298,654
    From related orgs
    $0
    Other
    $43,298
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,436
    Bonus
    $92,528
    Other
    $690
    Deferred
    $14,690
    Nontaxable benefits
    $28,608
    Filer's total
    $341,952

  • CHRISTOPHER P ADAMS

    CHIEF INFORMATION OFFICER

    Total calculated
    $633,650
    From this org
    $612,147
    From related orgs
    $0
    Other
    $21,503
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $392,077
    Bonus
    $196,800
    Other
    $23,270
    Deferred
    $15,640
    Nontaxable benefits
    $5,863
    Filer's total
    $633,650

  • ELIZABETH MONAHAN

    CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $481,007
    From this org
    $433,233
    From related orgs
    $0
    Other
    $47,774
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,343
    Bonus
    $129,600
    Other
    $24,290
    Deferred
    $18,250
    Nontaxable benefits
    $29,524
    Filer's total
    $481,007

  • JOSEPH C GAJEWSKI - EXECUTIVE

    FAMILY OFFICE & PRIVATE CLIENT REL.

    Total calculated
    $464,473
    From this org
    $422,374
    From related orgs
    $0
    Other
    $42,099
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,523
    Bonus
    $118,561
    Other
    $24,290
    Deferred
    $18,305
    Nontaxable benefits
    $23,794
    Filer's total
    $464,473

  • JEFFREY C GEROLD

    VP ADVISOR ENGAGEMENT DEVELOPMENT

    Total calculated
    $370,248
    From this org
    $328,572
    From related orgs
    $0
    Other
    $41,676
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,781
    Bonus
    $75,501
    Other
    $1,290
    Deferred
    $15,412
    Nontaxable benefits
    $26,264
    Filer's total
    $370,248

  • LISA BARR

    SENIOR DIR., REGIONAL DEVELOPMENT

    Total calculated
    $315,837
    From this org
    $291,127
    From related orgs
    $0
    Other
    $24,710
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,561
    Bonus
    $62,266
    Other
    $300
    Deferred
    $6,002
    Nontaxable benefits
    $18,708
    Filer's total
    $315,837

  • EILEEN R HEISMAN

    FORMER PRESIDENT & CEO

    Total calculated
    $1,063,757
    From this org
    $1,035,821
    From related orgs
    $0
    Other
    $27,936
    Hours/week
    0 + 2 related

    Schedule J breakdown matched by us

    Base
    $309,731
    Bonus
    $400,000
    Other
    $326,090
    Deferred
    $15,223
    Nontaxable benefits
    $12,713
    Filer's total
    $1,063,757

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
NPT'S PREFERRED TRAVEL CLASS FOR AIR OR TRAIN TRAVEL IS COACH. HOWEVER, NPT WILL REIMBURSE THE COST OF BUSINESS CLASS TICKETS FOR TRAVEL OVER FOUR HOURS OR THE COST OF FIRST CLASS TICKETS FOR TRAVEL OVER FOUR HOURS IF THERE IS NOT A BUSINESS CLASS OFFERING.
PART I, LINE 7
NON-FIXED PAYMENTS CONSIST OF DISCRETIONARY BONUSES AND DISCRETIONARY 457(B) CONTRIBUTIONS WHICH ARE NOT CONTINGENT ON REVENUES OR NET EARNINGS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • SAINT AGATHA FOUNDATION

    501(C)(3) · SUPPORTING ORGANIZATION OF NATIONAL PHILANTHROPIC TRUST · PA · controlled entity

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION

    501(C)(3) · SUPPORTING ORGANIZATION OF NATIONAL PHILANTHROPIC TRUST · PA · controlled entity

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • NPT CHARITABLE ASSET TRUST

    501(C)(3) · SUPPORTING ORGANIZATION OF NATIONAL PHILANTHROPIC TRUST · PA · controlled entity

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • JANINE AND J TOMILSON HILL FAMILY TRUST

    501(C)(3) · SUPPORTING ORGANIZATION OF NATIONAL PHILANTHROPIC TRUST · PA · controlled entity

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • THE JAMES FAMILY CHARITABLE TRUST

    501(C)(3) · SUPPORTING ORGANIZATION OF NATIONAL PHILANTHROPIC TRUST · PA · controlled entity

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • NPT DONOR FUND B

    501(C)(3) · SUPPORTING ORGANIZATION OF NATIONAL PHILANTHROPIC TRUST · PA · controlled entity

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • NATIONAL PHILANTHROPIC TRUST UK LIMITED

    CHARITABLE · UK

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NPT TRANSATLANTIC LIMITED

    CHARITABLE · UK · income $141,768,810 · assets $279,696,494

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • CC PRIVATE EQUITY LLC

    CHARITABLE · DE · income $0 · assets $0

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • MME MISSION HOPE LLC

    CHARITABLE · DE · income $0 · assets $0

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • NPT FISCAL SPONSORSHIP LLC

    CHARITABLE · DE · income $0 · assets $0

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • DONARI LLC

    CHARITABLE · DE · income $0 · assets $0

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • 3660 SOUTH HILL STREET

    CHARITABLE · CA · income $0 · assets $0

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

  • ASHLEY BRIDGEWAY LLC

    CHARITABLE · VA · income $0 · assets $50,000

    Directly controlled by NATIONAL PHILANTHROPIC TRUST

Provenance

Return type
form_990
Tax year
2024
Filed
5 May 2026
IRS schema version
2024v5.5
Source object
202601289349302480

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

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