BBB Wise Giving Report for
National Philanthropic Trust

BBB Wise Giving Report issued September 2010
BBB Wise Giving Report expires September 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: National Philanthropic Trust
Address: 165 Township Line Road,
Suite 150
  Jenkintown, PA 19046
Phone: 888-878-7900
215-277-3010
Web Address: www.nptrust.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1996, Pennsylvania
Affiliates: NPT Breast Cancer 3-Day LLC, NPT Supporting Organization, Dr. Robert C. & Veronica Atkins Foundation, Foundational Questions in Physics and Cosmology Institute (FQXI)
Stated Purpose: "to increase philanthropy in our society."

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Evaluation Conclusions

               

National Philanthropic Trust (NPT) meets the 20 Standards for Charity Accountability.
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Programs

               

NPT offers giving options, including donor-advised funds, supporting organizations, and specialized field of interest funds. NPT helps donors with the administration and investment of their philanthropic dollars and allows them to recommend support to charities and causes that are important to them. NPT also provides educational seminars, family meetings, site visits, and research to leverage and enhance their giving. NPT reports that it currently manages approximately $700 million in charitable assets. Some ($17,998,000 or 9%) of NPT's program activities are carried out in conjunction with fundraising appeals.

For the fiscal year ended June 30, 2009, NPT's program expenses were:

  
Grants to charitable organizations 171,211,254
Program services 19,505,957
Total Program Expenses: $190,717,211
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Governance

               

Chief Executive : Eileen R. Heisman, President & CEO
Compensation*:
 $334,302

Chair of the Board: Jeffrey Lauterbach
Chair's Profession / Business Affiliation: Independent financial advisor and consultant

Board Size: 10

Paid Staff Size: 20

*July 1, 2008 - June 30, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Print advertisements and planned giving.
Fund raising costs were 11% of related contributions. (Related contributions, which totaled $296,415,000, are donations received as a result of fund raising activities.)
NPT incurred joint costs of $51,593,000 for informational materials and activities that included fund raising materials. Of those costs, $30,875,000 was allocated to fund raising expenses, $17,998,000 was allocated to program expenses, and $2,720,000 was allocated to administrative expenses.
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on NPT's audited financial statements (consolidated with affiliates) for the fiscal year ended June 30, 2009.

Source of Funds  
Contributions 188,469,512
NPT 3 Day donations and registration fees 107,945,488
Dividend and interest income 10,932,128
Other income 1,242,734
Administrative and maintenance fees 230,057
Net realized and unrealized losses on investments -90,239,793
Total Income $218,580,126


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Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 14%  Administrative: 3% 

Total income   $218,580,126
  Program expenses $190,717,211
  Fund raising expenses 31,723,379
  Administrative expenses 7,317,161
 
Total expenses   $229,757,751
Expenses in Excess of Income   (11,177,625)
Beginning net assets   591,925,076
Ending net assets   580,747,451
Total liabilities   57,412,856
Total assets   $638,160,307


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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