TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA Charity Report

Public IRS 990 nonprofit record

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

EIN 23-1352685 · Education (B430)

What they do

THE TRUSTEES of THE UNIVERSITY of PENNSYLVANIA (THE "UNIVERSITY") SEES ITSELF AS HAVING A PUBLIC SERVICE MISSION. IN SUCH REGARD, THE UNIVERSITY AIMS to PROVIDE A RICH and DIVERSE EDUCATIONAL ENVIRONMENT for ITS STUDENTS; to PIONEER RESEARCH THAT PUSHES THE BOUNDARIES of CURRENT HUMAN KNOWLEDGE; and to PROVIDE THE MOST CURRENT and HIGHEST QUALITY PATIENT CARE THROUGH THE UNIVERSITY HEALTH SYSTEM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders96 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.83%of revenue went to mission work89.9% of expenses · Program services

1.22%of revenue went to fundraising1.3% of expenses

$94.34spent for every $100 of revenueRevenue covered expenses this year.

8.30%of revenue went to management and office costs8.8% of expenses

$3.34in assets for every $1 spent this yearSome assets cannot be spent right away.

17.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $8,043,343 for JAMESON J LARRY DR (TRUSTEE & PRES.- AS OF 3/13/25). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,670,540,000

Mission workProgram services$9,899,757,87084.83% of revenue89.9% of expenses

ManagementOffice and general costs$968,359,1208.30% of revenue8.8% of expenses

FundraisingAsking for donations$141,804,0101.22% of revenue1.3% of expenses

Revenue left after expensesReported annual surplus$660,619,0005.66% of revenueShown in gray on the chart

Total expenses$11,009,921,00094.34% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.9% mission · 8.8% management · 1.3% fundraisingTotal expenses: 94.34% of revenue

2023Expense mix: 89.5% mission · 9.2% management · 1.3% fundraisingTotal expenses: 93.05% of revenue

2022Expense mix: 89.5% mission · 9.1% management · 1.4% fundraisingTotal expenses: 93.34% of revenue

2021Expense mix: 89.6% mission · 9.1% management · 1.3% fundraisingTotal expenses: 74.52% of revenue

2020Expense mix: 89.4% mission · 9.3% management · 1.4% fundraisingTotal expenses: 81.01% of revenue

2019Expense mix: 89.3% mission · 9.3% management · 1.4% fundraisingTotal expenses: 94.60% of revenue

2018Expense mix: 89.3% mission · 9.1% management · 1.6% fundraisingTotal expenses: 87.87% of revenue

2017Expense mix: 89.1% mission · 9.2% management · 1.7% fundraisingTotal expenses: 90.33% of revenue

Money in and money out

Revenue$11,670,540,000

Expenses$11,009,921,000

Annual surplus $660,619,000 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,899,757,870 · 89.9% of expenses

Management and office costs$968,359,120 · 8.8% of expenses

Fundraising$141,804,010 · 1.3% of expenses

See all reported dollar amounts

Revenue$11,670,540,000

Expenses$11,009,921,000

Assets$36,736,678,000

Income$21,454,598,098

Contributions$1,989,116,000

Mission work (program services)$9,899,757,870

Fundraising$141,804,010

Grants given$171,681,054

Average grant$467,796

Management and general$968,359,120

Stocks and bonds$6,552,711,991

Accounting fees$6,008,000

Investing fees$56,869,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAMESON J LARRY DRTRUSTEE & PRES.- AS OF 3/13/25 · 55 hrs/week $8,043,343Base $5,459,518 · Other $2,583,825

AMMON PETERCHIEF INVESTMENT OFFICER · 55 hrs/week $7,146,396Base $5,122,459 · Other $2,023,937

MAGILL M ELIZABETHFORMER PRESIDENT $4,457,767Base $4,210,289 · Other $247,478

CARNAROLI CRAIGEXECUTIVE VP · 54 hrs/week $4,393,060Base $3,784,067 · Other $608,993

MAHONEY KEVINCEO, UPHS · 42 hrs/week $3,329,164Base $2,954,787 · Other $374,377

KASPER KEITHEXEC. VP & CAO, UPHS · 41 hrs/week $3,000,310Base $2,762,775 · Other $237,535

YOSHOR DANIEL MDNEUROSURGERY · 55 hrs/week $2,944,312Base $2,853,215 · Other $91,097

ADZICK N SCOTT MDCHOP - SURGERY · 55 hrs/week $2,813,930Base $2,755,817 · Other $58,113

TAYLOR JESSE MDCHOP - PLASTIC SURGERY · 55 hrs/week $2,461,243Base $2,397,226 · Other $64,017

MARCOTTE PAUL MDNEUROSURGERY · 55 hrs/week $2,352,966Base $2,308,362 · Other $44,604

WELCH WILLIAM MDNEUROSURGERY · 55 hrs/week $2,283,968Base $2,208,497 · Other $75,471

EPSTEIN JON MDEXEC VP & DEAN MS-AS OF 3/1/25 · 55 hrs/week $1,978,985Base $1,920,577 · Other $58,408

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (96)

JAMESON J LARRY DRTRUSTEE & PRES.- AS OF 3/13/25

AMMON PETERCHIEF INVESTMENT OFFICER

MAGILL M ELIZABETHFORMER PRESIDENT

CARNAROLI CRAIGEXECUTIVE VP

MAHONEY KEVINCEO, UPHS

KASPER KEITHEXEC. VP & CAO, UPHS

YOSHOR DANIEL MDNEUROSURGERY

ADZICK N SCOTT MDCHOP - SURGERY

TAYLOR JESSE MDCHOP - PLASTIC SURGERY

MARCOTTE PAUL MDNEUROSURGERY

WELCH WILLIAM MDNEUROSURGERY

EPSTEIN JON MDEXEC VP & DEAN MS-AS OF 3/1/25

DRISCOLL DEBORAH A MDSVP CPUP, VICE DEAN PSOM

VOLPE MICHELLESVP & CEO, UPHS

CUNNINGHAM REGINACEO HUP

HUSSON JAMESVP DEV & ALUM REL- THRU 3/3/25

JACKSON JOHN PHDPROVOST

WHITE WENDYSVP & GENERAL COUNSEL

ASCH DAVIDSVP STRATEGIC INITIATIVES

NARVEKAR MEDHAVP & SECRETARY

PUCHTLER JULIASVP & CFO, UPHS

MURPHY THOMASSVP ISC & CIO

MASOTTI CHRISTOPHERVICE DEAN, ADMINISTRATION PSOM

SESTITO JOHNVP & EXECUTIVE DIRECTOR CPUP

PAPAGEORGE ANNESR VP FACILITIES & REAL ESTATE

GRIFFO KATHRYNVP DEV & ALUM REL-AS OF 4/1/25

GUTMANN AMYFORMER PRESIDENT

DINGFIELD MARKVP FINANCE & TREASURER

MITCHELL JOANNSVP FOR INSTITUTIONAL AFFAIRS

LEWIS TREVORVP BUDGET & MGMT ANALYSIS

COOPER JEFFREYVP GOVT & COMMUNITY RELATIONS

CITRO MICHAELVP & CHIEF OF STAFF

HEUER JOHN JFORMER SVP HUMAN RESOURCE

PRITCHETT WENDELLFORMER PROVOST

LOPEZ STACEYVP INSTITUTIONAL RESEARCH

PELLICANO GREGORYVP AUDIT, COMPLIANCE & PRIVY

JOHNSTON ELIZABETHFORMER EXEC. DIRECTOR CPUP

HOWARD CHARLESVP SOC EQ & COMM, UNIV. CHAPLN

COWENHOVEN ANNAVP COMMUNICATNS- THRU 8/1/24

DILEO RUSSELLCOMPTROLLER

ANDERSON KATHLEENVP FOR PUBLIC SAFETY

WITT MARIEFORMER VP BUSINESS SERVICES

WASHINGTON FELICIAVP HUMAN RESRCS- AS OF 10/1/24

ROST GREGORYFORMER SVP & CHIEF OF STAFF

MACCARTHY STEPHEN JFORMER VP COMMUNICATIONS

SCALES MICHAELVP BUSINESS SRVCS

QUINN PETERFORMER SVP, VICE DEAN, PROF SR

LAU JOAN MDTRUSTEE; ADJ. PROFESSOR

IMASOGIE OSAGIE O ESQTRUSTEE; LECTURER

SNIDER STACEY GTRUSTEE- THRU 12/31/24

PLATT JULIE BERENTRUSTEE

PRICE MICHAEL JTRUSTEE

BARRETT MICHAEL LTRUSTEE

WEISS JILL LTRUSTEE

VAGUE RICHARD WTRUSTEE

RACHLEFF ANDREW STRUSTEE- THRU 6/13/25

RAGHAVENDRAN RAMANANTRUSTEE- CHAIR

STONE HARLAN MTRUSTEE

STAVIS ROBERT MTRUSTEE

RODRIGUEZ JENNIFER ITRUSTEE- AS OF 4/14/25

SCHWARTZ BRIAN DTRUSTEE

SHOEMAKER JOHN PTRUSTEE- THRU 4/14/25

SHAPIRO JOSHEX-OFFICIO TRUSTEE

SCHLEIN THEODORE ETRUSTEE

SEAMAN JULIE BREIERTRUSTEE

SCHWARTZ JODI J ESQTRUSTEE

SCHNITZER ALAN DAVIDTRUSTEE- COMMITTEE CHAIR

PERRY RICHARD CTRUSTEE- THRU 2/28/25

BANDEEN BONNIE MIAOTRUSTEE- THRU 12/31/24

BLITZER DAVID STRUSTEE

BRADY ALLISON WTRUSTEE

CAREY II WILLIAM POLKTRUSTEE

DINAN JAMES GTRUSTEE- COMMITTEE CHAIR

DURAN ALBERTO IVANTRUSTEE

ERCIL ALPTRUSTEE- AS OF 1/1/25

ERTEL DAVIDTRUSTEE

FRANKLIN CHRISTOPHER HTRUSTEE

GROSSMAN MATTHEWVP COMMUNICATNS- AS OF 4/1/25

HAIDAS ALEXTRUSTEE

HOLMAN WENDY COMMINSTRUSTEE

HOWELL JR LLOYD WTRUSTEE- THRU 12/31/24

JERATH LYNN JTRUSTEE

JOHNSON KEVINTRUSTEE

KARP ATHENATRUSTEE

ALBER LAURA JTRUSTEE

KHADJENOURI MASSITRUSTEE

AHMAD HYDERTRUSTEE

MARTIN PATRICIA MDTRUSTEE

MCMORRIS MARC FTRUSTEE- COMMITTEE CHAIR

MITCHELL MARSHALL PHTRUSTEE

NEMIROVSKY OFERTRUSTEE- THRU 12/31/24

OHERN LYONS CATHERINE MTRUSTEE

PAI DHANANJAY MTRUSTEE

PEISACH CHERYLTRUSTEE

PENN KEVIN STRUSTEE- THRU 12/31/24

PINOLA KRISTA MTRUSTEE

About this charity

Recognized since: January 1940
Location: 3451 WALNUT ST, PHILADELPHIA, PA 19104-6205
County: Philadelphia
In care of: % MEDHA NARVEKAR SECRETARY
Primary officer: MARK DINGFIELD, EXECUTIVE ASSOCIATE COMPTROLLER

How to reach them

WebsiteVisit the charity’s website Phone(215) 898-8967

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Education (B430)
Grant-giving organization: Yes