Overview
What is The Pew Memorial Trust?
The Pew Memorial Trust is a nonprofit organization that significantly contributes to the Pew Charitable Trusts, a public charity under Internal Revenue Code sections 501(c)(3) and 170(b)(1)(A)(vi). This organization's mission revolves around improving public policy, raising awareness of critical issues and trends, and inspiring civic engagement. Based in Philadelphia, Pennsylvania, the Pew Memorial Trust offers substantial support to the Pew Charitable Trusts in carrying out these objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating.
The Pew Memorial Trust has received a Two-Star rating from Charity Navigator, indicating some concerns about its accountability and transparency practices. While the organization has a strong program expense ratio of 93.58%, showing effective allocation of resources towards its mission, there are significant shortcomings in financial reporting, including missing financial statements and tax forms on its website.
The organization benefits from a fully independent board, which reflects positively on its governance structure. Key policies, such as conflict of interest and whistleblower protections, are in place, contributing to its overall accountability. However, the absence of independent board members beyond a single representative poses questions about governance diversity and oversight.
Despite its strengths, the lack of publicly available financial documentation and transparency may hinder potential donors' confidence. Addressing these issues could enhance the trust and credibility of The Pew Memorial Trust in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Pew Memorial Trust legitimate?
The Pew Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pew Memorial Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $13,947,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Pew Memorial Trust?
The Pew Memorial Trust is a significant supporter of the Pew Charitable Trusts, a public charity recognized in the Internal Revenue Code sections 501(c)(3) and 170(b)(1)(A)(vi). This organization funds and conducts programs aimed at enhancing public policy, raising public awareness on crucial issues and trends, and fostering civic engagement. Through its substantial assistance, the Pew Charitable Trusts strive to make a positive impact on various sectors and communities.
Who is the CEO of The Pew Memorial Trust?
Glenmede Trust Co Na is the Trustee of The Pew Memorial Trust.
What is the revenue of The Pew Memorial Trust?
The Pew Memorial Trust's revenue in 2022 was $441,616,485.
Who are the executives of The Pew Memorial Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $13,947,003
- Related: $0
- Other: $0
Where can I find the form 990 for The Pew Memorial Trust?
The Pew Memorial Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Pew Memorial Trust
The Pew Memorial Trust is a significant supporter of the Pew Charitable Trusts, a public charity as described in sections 501(c)(3) and 170(b)(1)(A)(vi) of the Internal Revenue Code. This organization plays a pivotal role in funding and executing programs aimed at enhancing public policy, raising public consciousness about crucial issues and trends, and revitalizing civic life.
In simple terms, The Pew Memorial Trust invests substantially in the Pew Charitable Trusts' initiatives, enabling them to carry out their mission effectively. The Pew Charitable Trusts' endeavors encompass a broad spectrum, including improving public policy, raising public awareness, and fostering civic engagement. By providing substantial backing, The Pew Memorial Trust contributes to the impact and reach of these initiatives, ultimately benefiting society as a whole.
The Pew Memorial Trust's commitment to the Pew Charitable Trusts is instrumental in driving significant positive change. Through their financial support, they enable the Pew Charitable Trusts to conduct and fund programs designed to tackle pressing issues and trends, ensuring that the public remains informed and engaged. Their backing is a testament to their dedication to invigorating civic life and promoting meaningful dialogue and action on essential matters.
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Impact
October, 2024
The Pew Memorial Trust plays a significant role in shaping public policy and enhancing civic engagement through its substantial support for The Pew Charitable Trusts. This support facilitates a range of programs aimed at improving public governance and fostering awareness around critical issues and trends that impact communities. By investing in research, advocacy, and outreach initiatives, the Trust helps ensure that informed discussions about pressing matters are encouraged, ultimately invigorating civic life. Its impact is felt across various sectors, as it works to promote transparency, accountability, and informed decision-making in both local and national contexts.
This information is meant to be a general summary of The Pew Memorial Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $90,639,994
- Gross Receipts: $687,401,215
Assets and Liabilities:
- Total Assets: $3,679,259,527
- Total Liabilities: $0
- Net Assets: $3,679,259,527
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Organization Details
Founding Year
1957
Phone
(215) 419-6000Principal Officer
Glenmede Trust Co Na
Main Address
GLENMEDE TR CO 1650 MKT ST 1200, PHILADELPHIA, PA, 191037391
NTEE Category
Code: T30 - Philanthropy
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