National Philanthropic Trust

Overview

Mission

National philanthropic trust ("npt") is a public charity dedicated to increasing philanthropy in society by providing philanthropic expertise to donors, foundations and financial institutions, enabling them to realize their philanthropic aspirations (see schedule o).

What it reported doing in 2024

Npt granted $6.42 billion to qualified charitable organizations in the u.s. And 67 other countries on behalf of its donors in the tax year ending june 30, 2025. Npt donors recommended more than 161,000 grants from their dafs to over 48,000 charitable organizations during the tax year. Additionally, npt continued enhancing donor online experiences, philanthropic service offerings, investment options, and grantmaking capabilities.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
237825575
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-T 2024
Headquarters
Jenkintown, PA, USA
Phone
2152773010
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Official website

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 75
  • Accountability: 92
  • Sustainability: 94
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.5%; rating input score 44
  • Program expense ratio: 99.3%; rating input score 99
  • Fundraising efficiency: $1,177.07 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 99%; rating input score 99; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.4%; rating input score 94; 44th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 63%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 8.53; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 0.1%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 44.5% of revenue deployed · 99.3% of spending went to programs
  • Governance: 17 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.5B in reported program spending
  • Leadership: top reported pay $1.1M · 39 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.5M reported
  • Consistency: 41 of 42 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

39 people listed

Highest reported compensation

  • EILEEN R HEISMAN (FORMER PRESIDENT & CEO): $1,063,757 total reported compensation
  • HOLLY WELCH STUBBING (PRESIDENT & CEO (AS OF 2/26/25)): $801,307 total reported compensation
  • CHRISTOPHER P ADAMS (CHIEF INFORMATION OFFICER): $633,650 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.