EIN 23-1352685

University of Pennsylvania (Penn)

IRS 501(c) type
501(c)(3)
Num. employees
55,450
Year formed
1740
Most recent tax filings
2020-06-01
Description
Penn has a proud tradition of intellectual rigor and boundary-breaking innovation that dates back to our founder, Benjamin Franklin. That tradition lives today through the creativity, entrepreneurship, and engagement of our faculty, students, and staff.
Also known as...
Trustees of the University of Pennsylvania; The Hospital of the Univ of Penn
Total revenues
$7,624,539,000
2020
Total expenses
$7,213,047,000
2020
Total assets
$24,607,104,000
2020
Num. employees
55,450
2020

Grants made by Penn

GranteeGrant descriptionAmount
University City District (UCD)Grant$3,225,128
University City District (UCD)Grant$3,225,128
Philadelphia Foundation (PF)Support Program Services$500,000
...and 13 more grants made

Who funds University of Pennsylvania (Penn)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$17,354,160
Children's Hospital of Philadelphia (CHOP)Research$11,405,420
National Philanthropic TrustEducation$11,206,410
...and 852 more grants received totalling $168,587,275
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT LOANS$178,316,869
Department of EducationPERKINS LOAN OUTSTANDING LOANS ISSUED AS JULY 1, 2019$35,821,896
Department of Health and Human ServicesNATIONAL CENTER FOR ADVANCING TRANSLATIONAL SCIENCES$10,475,285
...and 997 more federal grants / contracts

Personnel at Penn

NameTitleCompensation
Kevin B. MahoneyChief Executive Officer$1,770,889
Phillip OkalaChief Operating Officer Philadelphia Operations$1,588,534
Thomas E BeemanFMR Chief Operating Officer Regional Operations Uphs$1,527,033
Keith KasperChief Financial Officer , Uphs$1,451,035
Thomas H. MurphyChief Information Officer$616,883
...and 34 more key personnel

Financials for Penn

RevenuesFYE 06/2020
Total grants, contributions, etc.$1,720,501,000
Program services$5,296,302,040
Investment income and dividends$103,425,000
Tax-exempt bond proceeds$3,915,000
Royalty revenue$70,002,000
Net rental income$18,551,000
Net gain from sale of non-inventory assets$411,271,000
Net income from fundraising events$-52,040
Net income from gaming activities$0
Net income from sales of inventory$624,000
Miscellaneous revenues$0
Total revenues$7,624,539,000

Form 990s for Penn

Fiscal year endingDate received by IRSFormPDF link
2020-062021-09-14990View PDF
2020-062021-05-18990View PDF
2019-062021-01-28990View PDF
2018-062019-10-21990View PDF
2018-062019-07-05990View PDF
...and 9 more Form 990s

Organizations like Penn

OrganizationLocationRevenue
University of RochesterRochester, NY$4,135,942,762
Yale UniversityNew Haven, CT$5,595,177,145
Columbia UniversityNew York, NY$5,943,395,882
Emory UniversityAtlanta, GA$4,755,859,486
University of Southern California (USC)Los Angeles, CA$6,447,260,379
Johns Hopkins University (JHU)Baltimore, MD$7,505,891,000
University of Notre DameNotre Dame, IN$2,518,434,460
Massachusetts Institute of Technology (MIT)Cambridge, MA$4,804,195,000
University of Miami (UM)Coral Gables, FL$4,245,244,592
Princeton UniversityPrinceton, NJ$2,120,040,000
Data update history
August 3, 2022
Received grants
Identified 229 new grant, including a grant for $1,791,086 from American Endowment Foundation
April 7, 2022
Updated personnel
Identified 1 new personnel
October 3, 2021
Received grants
Identified 447 new grant, including a grant for $11,405,420 from Children's Hospital of Philadelphia (CHOP)
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 27, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsHigher ed institutionsHospitalsHeadquarter / parent organizations
Issues
HealthEducation
Characteristics
Political advocacyOperates donor advised fundsLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
3451 Walnut St Room 305
Philadelphia, PA 19104
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
upenn.edu/ 
Facebook page
UnivPennsylvania 
Twitter profile
@penn 
IRS details
EIN
23-1352685
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1740
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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