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TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

EIN 23-1352685 PHILADELPHIA, PA

Revenue 2024
$11,670,540,000
Expenses 2024
$11,009,921,000

Program services were 89.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B430
Classification
1000
Street
3451 WALNUT ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • JAMESON J LARRY DR

    TRUSTEE & PRES.- AS OF 3/13/25

    Total calculated
    $8,043,343
    From this org
    $5,459,518
    From related orgs
    $0
    Other
    $2,583,825
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $2,581,284
    Bonus
    $1,700,000
    Other
    $1,178,234
    Deferred
    $2,544,750
    Nontaxable benefits
    $39,075
    Filer's total
    $8,043,343

  • AMMON PETER

    CHIEF INVESTMENT OFFICER

    Total calculated
    $7,146,396
    From this org
    $5,122,459
    From related orgs
    $0
    Other
    $2,023,937
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,219,480
    Bonus
    $3,902,529
    Other
    $450
    Deferred
    $2,008,670
    Nontaxable benefits
    $15,267
    Filer's total
    $7,146,396

  • MAGILL M ELIZABETH

    FORMER PRESIDENT

    Total calculated
    $4,457,767
    From this org
    $4,210,289
    From related orgs
    $0
    Other
    $247,478
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $1,515,057
    Bonus
    $609,000
    Other
    $2,086,232
    Deferred
    $211,125
    Nontaxable benefits
    $36,353
    Filer's total
    $4,457,767

  • CARNAROLI CRAIG

    EXECUTIVE VP

    Total calculated
    $4,393,060
    From this org
    $3,784,067
    From related orgs
    $0
    Other
    $608,993
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,107,047
    Bonus
    $250,000
    Other
    $2,427,020
    Deferred
    $581,856
    Nontaxable benefits
    $27,137
    Filer's total
    $4,393,060

  • MAHONEY KEVIN

    CEO, UPHS

    Total calculated
    $3,329,164
    From this org
    $2,954,787
    From related orgs
    $0
    Other
    $374,377
    Hours/week
    42 + 13 related

    Schedule J breakdown matched by us

    Base
    $1,880,100
    Bonus
    $1,029,800
    Other
    $44,887
    Deferred
    $352,800
    Nontaxable benefits
    $21,577
    Filer's total
    $3,329,164

  • KASPER KEITH

    EXEC. VP & CAO, UPHS

    Total calculated
    $3,000,310
    From this org
    $2,762,775
    From related orgs
    $0
    Other
    $237,535
    Hours/week
    41 + 14 related

    Schedule J breakdown matched by us

    Base
    $1,004,092
    Bonus
    $1,531,258
    Other
    $227,425
    Deferred
    $218,400
    Nontaxable benefits
    $19,135
    Filer's total
    $3,000,310

  • YOSHOR DANIEL MD

    NEUROSURGERY

    Total calculated
    $2,944,312
    From this org
    $2,853,215
    From related orgs
    $0
    Other
    $91,097
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,426,293
    Bonus
    $808,060
    Other
    $618,862
    Deferred
    $50,500
    Nontaxable benefits
    $40,597
    Filer's total
    $2,944,312

  • ADZICK N SCOTT MD

    CHOP - SURGERY

    Total calculated
    $2,813,930
    From this org
    $2,755,817
    From related orgs
    $0
    Other
    $58,113
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,342,362
    Bonus
    $0
    Other
    $1,413,455
    Deferred
    $34,500
    Nontaxable benefits
    $23,613
    Filer's total
    $2,813,930

  • TAYLOR JESSE MD

    CHOP - PLASTIC SURGERY

    Total calculated
    $2,461,243
    From this org
    $2,397,226
    From related orgs
    $0
    Other
    $64,017
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,492,680
    Bonus
    $0
    Other
    $904,546
    Deferred
    $34,500
    Nontaxable benefits
    $29,517
    Filer's total
    $2,461,243

  • MARCOTTE PAUL MD

    NEUROSURGERY

    Total calculated
    $2,352,966
    From this org
    $2,308,362
    From related orgs
    $0
    Other
    $44,604
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,461,903
    Bonus
    $7,500
    Other
    $838,959
    Deferred
    $34,500
    Nontaxable benefits
    $10,104
    Filer's total
    $2,352,966

  • WELCH WILLIAM MD

    NEUROSURGERY

    Total calculated
    $2,283,968
    From this org
    $2,208,497
    From related orgs
    $0
    Other
    $75,471
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,455,232
    Bonus
    $0
    Other
    $753,265
    Deferred
    $34,500
    Nontaxable benefits
    $40,971
    Filer's total
    $2,283,968

  • EPSTEIN JON MD

    EXEC VP & DEAN MS-AS OF 3/1/25

    Total calculated
    $1,978,985
    From this org
    $1,920,577
    From related orgs
    $0
    Other
    $58,408
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $586,851
    Bonus
    $517,292
    Other
    $816,434
    Deferred
    $34,500
    Nontaxable benefits
    $23,908
    Filer's total
    $1,978,985

  • DRISCOLL DEBORAH A MD

    SVP CPUP, VICE DEAN PSOM

    Total calculated
    $1,737,728
    From this org
    $1,701,819
    From related orgs
    $0
    Other
    $35,909
    Hours/week
    53 + 2 related

    Schedule J breakdown matched by us

    Base
    $552,488
    Bonus
    $670,204
    Other
    $479,127
    Deferred
    $34,500
    Nontaxable benefits
    $1,409
    Filer's total
    $1,737,728

  • VOLPE MICHELLE

    SVP & CEO, UPHS

    Total calculated
    $1,494,474
    From this org
    $1,482,456
    From related orgs
    $0
    Other
    $12,018
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $861,252
    Bonus
    $414,596
    Other
    $206,608
    Deferred
    $0
    Nontaxable benefits
    $12,018
    Filer's total
    $1,494,474

  • CUNNINGHAM REGINA

    CEO HUP

    Total calculated
    $1,461,750
    From this org
    $1,442,778
    From related orgs
    $0
    Other
    $18,972
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $836,741
    Bonus
    $404,671
    Other
    $201,366
    Deferred
    $0
    Nontaxable benefits
    $18,972
    Filer's total
    $1,461,750

  • HUSSON JAMES

    VP DEV & ALUM REL- THRU 3/3/25

    Total calculated
    $1,388,861
    From this org
    $1,245,498
    From related orgs
    $0
    Other
    $143,363
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,030,002
    Bonus
    $214,172
    Other
    $1,324
    Deferred
    $104,026
    Nontaxable benefits
    $39,337
    Filer's total
    $1,388,861

  • JACKSON JOHN PHD

    PROVOST

    Total calculated
    $1,252,850
    From this org
    $1,154,217
    From related orgs
    $0
    Other
    $98,633
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $907,319
    Bonus
    $245,863
    Other
    $1,035
    Deferred
    $91,003
    Nontaxable benefits
    $7,630
    Filer's total
    $1,252,850

  • WHITE WENDY

    SVP & GENERAL COUNSEL

    Total calculated
    $1,223,515
    From this org
    $1,160,692
    From related orgs
    $0
    Other
    $62,823
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $901,767
    Bonus
    $196,254
    Other
    $62,671
    Deferred
    $34,500
    Nontaxable benefits
    $28,323
    Filer's total
    $1,223,515

  • ASCH DAVID

    SVP STRATEGIC INITIATIVES

    Total calculated
    $1,087,937
    From this org
    $1,015,602
    From related orgs
    $0
    Other
    $72,335
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $626,680
    Bonus
    $225,806
    Other
    $163,116
    Deferred
    $34,500
    Nontaxable benefits
    $37,835
    Filer's total
    $1,087,937

  • NARVEKAR MEDHA

    VP & SECRETARY

    Total calculated
    $952,472
    From this org
    $857,568
    From related orgs
    $0
    Other
    $94,904
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $685,638
    Bonus
    $168,120
    Other
    $3,810
    Deferred
    $69,215
    Nontaxable benefits
    $25,689
    Filer's total
    $952,472

  • PUCHTLER JULIA

    SVP & CFO, UPHS

    Total calculated
    $943,647
    From this org
    $853,431
    From related orgs
    $0
    Other
    $90,216
    Hours/week
    44 + 11 related

    Schedule J breakdown matched by us

    Base
    $579,435
    Bonus
    $183,820
    Other
    $90,176
    Deferred
    $70,700
    Nontaxable benefits
    $19,516
    Filer's total
    $943,647

  • MURPHY THOMAS

    SVP ISC & CIO

    Total calculated
    $896,472
    From this org
    $792,934
    From related orgs
    $0
    Other
    $103,538
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $630,954
    Bonus
    $160,000
    Other
    $1,980
    Deferred
    $63,750
    Nontaxable benefits
    $39,788
    Filer's total
    $896,472

  • MASOTTI CHRISTOPHER

    VICE DEAN, ADMINISTRATION PSOM

    Total calculated
    $827,892
    From this org
    $728,919
    From related orgs
    $0
    Other
    $98,973
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $514,158
    Bonus
    $213,421
    Other
    $1,340
    Deferred
    $34,500
    Nontaxable benefits
    $64,473
    Filer's total
    $827,892

  • SESTITO JOHN

    VP & EXECUTIVE DIRECTOR CPUP

    Total calculated
    $820,212
    From this org
    $801,450
    From related orgs
    $0
    Other
    $18,762
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $395,474
    Bonus
    $164,160
    Other
    $241,816
    Deferred
    $0
    Nontaxable benefits
    $18,762
    Filer's total
    $820,212

  • PAPAGEORGE ANNE

    SR VP FACILITIES & REAL ESTATE

    Total calculated
    $811,329
    From this org
    $732,572
    From related orgs
    $0
    Other
    $78,757
    Hours/week
    53 + 2 related

    Schedule J breakdown matched by us

    Base
    $585,592
    Bonus
    $145,000
    Other
    $1,980
    Deferred
    $59,175
    Nontaxable benefits
    $19,582
    Filer's total
    $811,329

The first 25 listed. 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 — 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $11,670,540,000
    Expenses
    $11,009,921,000
    Contributions
    $1,989,116,000
    Grants paid
    $675,616,764
  • 2023
    Revenue
    $10,747,066,000
    Expenses
    $9,999,922,000
    Contributions
    $1,881,283,000
    Grants paid
    $643,902,139
  • 2022
    Revenue
    $9,925,251,000
    Expenses
    $9,264,364,000
    Contributions
    $1,895,456,000
    Grants paid
    $578,553,509

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

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

Where these grants went next →

Grants received

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

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

The first 25 as filed. The return lists every one.

Declared as related by

The most recent declarers. The API serves every row.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.