Npt Charitable Asset Tr

Organization Overview

Npt Charitable Asset Tr is located in Jenkintown, PA. The organization was established in 2011. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Npt Charitable Asset Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Npt Charitable Asset Tr generated $30.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $18.0m during the year ending 06/2020. While expenses have increased by 7.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Npt Charitable Asset Tr has awarded 55 individual grants totaling $142,834,739. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

NPT CHARITABLE ASSET TRUST IS DEDICATED TO INCREASING PHILANTHROPY AND FACILITATING CHARITABLE GIVING IN SOCIETY. NPT CHARITABLE ASSET TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NPT CHARITABLE ASSET TRUST PROVIDED GRANTS TOTALING $13,267,489 TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN AREAS OF HEALTH, CULTURE AND ARTS, AND PUBLIC SOCIETAL BENEFIT ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,539,574
Investment income $232,463
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$498,457
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,273,580

Grants Awarded

Over the last fiscal year, Npt Charitable Asset Tr has awarded $13,267,489 in support to 4 organizations.

Grant RecipientAmount

NATIONAL PHILANTHROPIC TRUST

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: PUBLIC SOCIETAL BENEFIT

$13,204,709

St Helena, CA

PURPOSE: ARTS AND CULTURE

$25,000

NAPA VALLEY FESTIVAL ASSOCIATION

Org PageRecipient Profile

Walnut Creek, CA

PURPOSE: ARTS AND CULTURE

$25,000

ST HELENA HOSPITAL FOUNDATION

Org PageRecipient Profile

St Helena, CA

PURPOSE: HEALTH

$12,780
View Grant Profile

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