The Procter & Gamble Benefit Plan Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311018491 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

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Overview

What is The Procter & Gamble Benefit Plan Trust?

The Procter & Gamble Benefit Plan Trust is a nonprofit organization based in Cincinnati, Ohio, dedicated to providing welfare benefits for employees of The U.S. Procter & Gamble Company. Its mission is to offer essential benefits to these employees, ensuring their well-being and enhancing their quality of life. The Trust, with its headquarters at TWO PROCTER GAMBLE PLAZA, champions this cause wholeheartedly.

Is The Procter & Gamble Benefit Plan Trust legitimate?

The Procter & Gamble Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Procter & Gamble Benefit Plan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Procter & Gamble Benefit Plan Trust?

The Procter & Gamble Benefit Plan Trust is dedicated to providing welfare benefits for the employees of Procter & Gamble Company in the United States. Its primary mission is to ensure the wellbeing of these employees by offering and managing various benefits. The Trust funds these benefits to enhance the quality of life and overall wellness of the beneficiaries. By providing these essential services, the Trust aims to foster a supportive work environment and demonstrate Procter & Gamble's commitment to its employees. The Trust's activities include administering health, retirement, and other benefits, working closely with service providers, and addressing the evolving needs of its members.

Who is the CEO of The Procter & Gamble Benefit Plan Trust?

Kevin Whitham is the Investment Committee Membe of The Procter & Gamble Benefit Plan Trust.

What is the revenue of The Procter & Gamble Benefit Plan Trust?

The Procter & Gamble Benefit Plan Trust's revenue in 2022 was $97,679,425.

Who are the executives of The Procter & Gamble Benefit Plan Trust and what are their salaries?


Here are 4 key members and their salaries:


Kevin Whitham (Investment Committee Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Janzaurk (Investment Committee Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Helker (Investment Committee Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Northern Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Procter & Gamble Benefit Plan Trust?

The Procter & Gamble Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Procter & Gamble Benefit Plan Trust

The Procter & Gamble Benefit Plan Trust is a dedicated entity that focuses on extending vital welfare benefits to employees of the U.S. Procter & Gamble Company. Established with the mission to care for its workforce, the Trust aims to provide a range of essential benefits that contribute to the overall well-being and security of its beneficiaries.

In practice, the Trust funds various welfare programs to cater to the diverse needs of the Procter & Gamble employees. By doing so, it not only enhances their quality of life but also fosters a sense of appreciation and commitment towards their employment. With its unwavering commitment to employee welfare, the Trust plays a pivotal role in creating a supportive work environment that prioritizes the holistic well-being of its staff members.

The Trust's initiatives cover a wide spectrum, ensuring that employees have access to a comprehensive benefits package tailored to their unique requirements. These benefits may include health insurance, retirement plans, and other essential services that promote both their personal and professional growth. By offering these benefits, the Trust helps to alleviate the financial and emotional stresses that can often accompany employment, ultimately leading to a more contented and focused workforce.

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Impact




October, 2024

The Procter & Gamble Benefit Plan Trust plays a crucial role in enhancing the well-being of employees working for the U.S. Procter & Gamble Company. By providing essential welfare benefits, the trust helps ensure that employees have access to various forms of support, which may include health insurance, retirement plans, and other welfare-related services. This support fosters a sense of security among employees, contributing to their overall satisfaction and productivity within the company.

Located in Cincinnati, Ohio, the trust is dedicated to serving the needs of Procter & Gamble employees, reinforcing the company's commitment to its workforce. By funding these benefits, the trust not only improves the quality of life for employees but also promotes a positive workplace culture, which is vital for attracting and retaining talent in a competitive market. Overall, the trust's impact is significant in creating a supportive environment that prioritizes employee welfare.




This information is meant to be a general summary of The Procter & Gamble Benefit Plan 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.

Revenue
$97,679,425 (2022)
Expenses
$99,408,042 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $187,155
  • Program Service Revenue: $97,492,270
  • Gross Receipts: $98,204,356

Assets and Liabilities:

  • Total Assets: $69,184,153
  • Total Liabilities: $28,723
  • Net Assets: $69,155,430

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS

Revenue

$97,492,270

Organization Details

Founding Year

1981

Principal Officer

Kevin Whitham

Main Address

TWO PROCTER GAMBLE PLAZA, CINCINNATI, OH, 45202

NTEE Category

Code: Y40 - Mutual benefit

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