Pew Charitable Trusts
- Assets
- $1.3b
- Revenue
- $346.8m
- Investments
- $0.0
- Employees
- 1,085
- Location
- Philadelphia, PA
- Founding
- 04/2003
- Data as of
- 06/2020
- EIN
- 56-2307147
Pew Charitable Trusts Overview
Pew Charitable Trusts is located in Philadelphia, PA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2020, Pew Charitable Trusts employed 1,085 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Pew Charitable Trusts generated $346.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $351.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pew Charitable Trusts has awarded 2,284 individual grants totaling $740,547,932. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING PUBLIC POLICY, INFORMING THE PUBLIC, AND INVIGORATING CIVIC LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVING PUBLIC POLICY. WE STUDY AND PROMOTE NONPARTISAN POLICY SOLUTIONS FOR PRESSING AND EMERGING PROBLEMS AFFECTING THE AMERICAN PUBLIC AND THE GLOBAL COMMUNITY.
INFORMING THE PUBLIC. PEW RESEARCH CENTER, OUR WASHINGTON, D.C.-BASED CHARITABLE SUBSIDIARY, IS HOME TO MOST OF OUR INFORMATION INITIATIVES. IT USES IMPARTIAL, FACT-BASED PUBLIC-OPINION POLLING AND OTHER RESEARCH TOOLS TO TRACK IMPORTANT ISSUES AND TRENDS.
INVIGORATING CIVIC LIFE. WE SUPPORT NATIONAL INITIATIVES THAT ENCOURAGE CIVIC PARTICIPATION. IN OUR HOMETOWN OF PHILADELPHIA, WE SUPPORT ORGANIZATIONS THAT CREATE A THRIVING ARTS AND CULTURE COMMUNITY AND INSTITUTIONS THAT ENHANCE THE WELL-BEING OF THE REGION'S NEEDIEST CITIZENS.
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Pew Charitable Trusts Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca W Rimel President & CEO | OfficerTrustee | 49 | $1,239,530 |
Susan K Urahn Evp, Chief Program Officer | Officer | 50 | $682,599 |
Linda Bartlett Svp, Finance And CFO | Officer | 50 | $501,071 |
Janice Bogash Svp, Chief Admin Officer | Officer | 50 | $486,864 |
Sally A O'brien SVP Institutional Partnerships | Officer | 48 | $478,482 |
R James G Mcmillan Svp, General Counsel/corp Sec | Officer | 48 | $443,510 |
Pew Charitable Trusts Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mr Strategic Services Consulting | 6/29/20 | $1,915,788 |
Velir Studios Website Services | 6/29/20 | $1,558,740 |
Ogilvy Public Relations Worldwide Consulting | 6/29/20 | $1,424,035 |
Grassroots Solutions Consulting | 6/29/20 | $1,196,834 |
Collaborative Drug Discovery Inc Software Services | 6/29/20 | $1,007,599 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $282,148,631 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,479,067 |
| Noncash contributions included in lines 1a–1f | $665,570 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,627,698 |
| Total Program Service Revenue | $407,645 |
| Investment income | $26,851,988 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $470 |
| Net Rental Income | $114,304 |
| Net Gain/Loss on Asset Sales | $13,967,718 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $346,765,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $133,726,047 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,388,302 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,104,282 |
| Compensation of current officers, directors, key employees. | $3,051,192 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,795,148 |
| Pension plan accruals and contributions | $10,553,236 |
| Other employee benefits | $11,809,851 |
| Payroll taxes | $8,052,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $984,543 |
| Fees for services: Accounting | $420,637 |
| Fees for services: Lobbying | $2,684,509 |
| Fees for services: Fundraising | $318,747 |
| Fees for services: Investment Management | $1,726,807 |
| Fees for services: Other | $17,830,973 |
| Advertising and promotion | $2,504,898 |
| Office expenses | $3,631,258 |
| Information technology | $13,870,197 |
| Royalties | $0 |
| Occupancy | $5,608,655 |
| Travel | $5,878,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $129,495 |
| Conferences, conventions, and meetings | $2,404,530 |
| Interest | $5,274,213 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,113,763 |
| Insurance | $463,969 |
| All other expenses | $46,645 |
| Total functional expenses | $351,552,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $816,396 |
| Savings and temporary cash investments | $2,489,272 |
| Pledges and grants receivable | $26,238,122 |
| Accounts receivable, net | $304,831 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,610,466 |
| Net Land, buildings, and equipment | $190,791,105 |
| Investments—publicly traded securities | $1,064,995,452 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,976,460 |
| Total assets | $1,299,222,104 |
| Accounts payable and accrued expenses | $16,282,515 |
| Grants payable | $166,358,523 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $142,539,861 |
| Escrow or custodial account liability | $1,416,629 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $85,421,635 |
| Total liabilities | $412,019,163 |
| Net assets without donor restrictions | $834,445,705 |
| Net assets with donor restrictions | $52,757,236 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,299,222,104 |
Pew Charitable Trusts Grants Awarded
Over the last fiscal year, Pew Charitable Trusts has awarded $132,312,793 in support to 396 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Information | $39,000,000 |
Philadelphia, PA PURPOSE: Civic Life | $13,562,000 |
Memphis, TN PURPOSE: Policy | $8,513,338 |
Charlottesvle, VA PURPOSE: Policy | $5,000,000 |
Somerville, MA PURPOSE: DAF grant | $3,299,782 |
Washington, DC PURPOSE: Information | $3,100,000 |
Pew Charitable Trusts Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pew Charitable Trusts has recieved totaling $103,474.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $58,474 |
Resources Legacy Fund Sacramento, CA PURPOSE: LAND OR MARINE CONSERVATION, PROMOTION OF EDUCATION AND/OR HEALTHY COMMUNITIES | $45,000 |
Pew Charitable Trusts Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pew Charitable Trusts Philadelphia, PA | $1,299,222,104 | $346,765,756 |
Ayco Charitable Foundation Cohoes, NY | $777,230,000 | $265,174,809 |
Goldman Sachs Charitable Gift Fund New York, NY | $559,798,465 | $263,656,612 |
Mother Cabrini Health Foundation New York, NY | $4,123,252,561 | $547,285,904 |
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Kars 4 Kids Inc Lakewood, NJ | $41,137,306 | $95,691,338 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $76,132,176 | $42,544,058 |
Johnson Charitable Gift Fund Cincinnati, OH | $184,508,549 | $69,178,839 |
Donors Fund Inc Lakewood, NJ | $5,620,390 | $27,000,911 |
Roswell Park Alliance Foundation Buffalo, NY | $105,267,194 | $26,518,336 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Kennedy Krieger Foundation Inc Baltimore, MD | $73,643,952 | $15,945,035 |
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