Form 990 for tax year 2023

Totals

Total revenue

$8,453,257

Total expenses

$7,749,187

Contributions and grants received

$0

Grants paid

$7,739,782

Program service revenue

$0

Investment income

$8,265,156

Other revenue

$188,101

Total assets, end of year

$114,861,433

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$114,861,433

Program services expenses (Part IX)

$7,739,782

Management and general expenses

$9,405

Fundraising expenses

$0

Program service expenses (Part III)

$7,739,782

Program services were 99.9% 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.

Mission and programs · 2023

• The Annenberg School for Communication Trust at the University of Southern California (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 and Journalism at the University of Southern California (hereinafter the Annenberg School), which is the school for the study of communications at the University of Southern California, an organization described in Sections 501(c)(3) and 170(b)(1)(A)(ii) of the Internal Revenue Code (Code), located in Los Angeles, California. The Annenberg School is a component part of the University of Southern California and is governed and operated by the Trustees of the University of Southern California. 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 February 7, 2011, the Trust is classified as a Type III supporting organization. The activities of the Trust are limited to the trustees making distributions of principal and income of the Trust to the Annenberg School. This Form 990 is being filed for a taxable year beginning July 1, 2023 and ending June 30, 2024. Distibutions to the University of Southern California were made during the Trusts taxable year in the amount of $7,739,782.

  Expenses $7,749,187 · Grants $7,739,782 · Revenue $8,543,257

As filed on the 2023 return.

Listed in Part VII

• Dean Willow Bay

  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

• Howard C Deshong III

  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

• University of Southern CA

  $7,739,782

  Supported Organization

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.

• University of Southern California

  501(c)(3) · Education · CA

  Directly controlled by NA

Provenance

Return type

form_990

Tax year

2023

Filed

13 May 2025

IRS schema version

2023v6.0

Source object

202511339349301441

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.