# The Trustees of the University of Pennsylvania

> Trustees of the University of Pennsylvania

**Wikidata**: [Q126362713](https://www.wikidata.org/wiki/Q126362713)  
**Source**: https://4ort.xyz/entity/the-trustees-of-the-university-of-pennsylvania

## Summary
The Trustees of the University of Pennsylvania is the governing body and corporate entity responsible for the University of Pennsylvania, a nonprofit academic institution located in Philadelphia. As a major educational organization in the United States, it manages substantial financial operations, reporting total assets of over $31 billion and revenues exceeding $9 billion as of 2021. The entity operates with the IRS Employer Identification Number 23-1352685.

## Key Facts
- **Entity Type:** Nonprofit organization and university.
- **Headquarters:** Philadelphia, United States.
- **IRS Identification:** Employer Identification Number (EIN) 23-1352685.
- **Total Assets (2021):** $31,220,689,000 (United States dollars).
- **Revenue (2021):** $9,337,742,000 (United States dollars).
- **Donations (2021):** $1,828,560,000 (United States dollars).
- **External Funding:** Received a $250,000 grant from the Open Society Foundations in 2023 to support the Penn Development Research Initiative (DevLab).
- **Financial Growth:** Total assets grew from approximately $12.9 billion in 2011 to over $31.2 billion in 2021.

## FAQs
### Q: Where is the Trustees of the University of Pennsylvania located?
A: The organization is headquartered in Philadelphia, Pennsylvania, United States.

### Q: What is the financial scale of the organization?
A: As of 2021, the entity held over $31.2 billion in total assets and generated over $9.3 billion in revenue. It also received over $1.8 billion in donations that same year.

### Q: Does the organization receive external funding for specific research?
A: Yes, for example, in 2023 the Open Society Foundations provided a $250,000 grant to support the Penn Development Research Initiative (DevLab) for monitoring and forecasting threats to civic space.

### Q: Is the Trustees of the University of Pennsylvania a public or private entity?
A: It is classified as a nonprofit organization and a university.

## Why It Matters
The Trustees of the University of Pennsylvania serves as the central administrative and financial entity for one of the United States' most prominent academic institutions. Its significance is reflected in its massive economic footprint, with assets surpassing $31 billion, positioning it as a major force in the higher education and nonprofit sectors. The organization plays a critical role in channeling philanthropic capital—receiving over $1.8 billion in donations in 2021 alone—into academic and research endeavors.

Furthermore, the entity acts as a hub for specialized global research. Through its management of funds, such as the 2023 grant from the Open Society Foundations, it supports initiatives like the Penn Development Research Initiative (DevLab). This specific work involves monitoring political crises and forecasting threats to civic space, demonstrating the organization's relevance beyond education into global civil society support and policy analysis.

## Notable For
- **Asset Magnitude:** Managing one of the largest asset portfolios for a private university in the U.S., exceeding $31 billion in 2021.
- **Fundraising Capacity:** Securing high volumes of charitable donations, peaking at over $1.8 billion in 2021.
- **Research Impact:** Hosting the Penn Development Research Initiative (DevLab), which provides advanced warning of political crises to civil society and governments.
- **Consistent Growth:** Demonstrating a consistent upward trajectory in total assets, nearly tripling in value between 2011 and 2021.

## Body
### Organizational Structure and Location
The Trustees of the University of Pennsylvania functions as the corporate entity for the university. It is classified as both a university and a nonprofit organization. The entity is based in Philadelphia, United States, and operates under the IRS Employer Identification Number 23-1352685.

### Financial Performance and Assets
The organization has exhibited substantial financial growth over the decade spanning 2011 to 2021.
*   **Total Assets:** Assets increased from $12,912,074,000 in 2011 to $31,220,689,000 in 2021.
*   **Revenue:** Revenue rose from $5,330,197,000 in 2011 to $9,337,742,000 in 2021.
*   **Donations:** Charitable contributions fluctuated over the period, starting at $1,451,557,000 in 2011 and reaching $1,828,560,000 in 2021.

### Research Funding and Grants
The Trustees manage targeted funding for specific academic initiatives. A notable recorded grant includes:
*   **Source:** Open Society Foundations
*   **Amount:** $250,000 (United States dollar)
*   **Date:** 2023
*   **Purpose:** To support the Penn Development Research Initiative (DevLab) in monitoring and forecasting threats to civic space and political crises, providing advanced warnings to civil society, donors, and governments.

## References

1. Nonprofit Explorer
2. [Nonprofit Explorer](https://projects.propublica.org/nonprofits/organizations/231352685)
3. [Open Society Foundations - Awarded Grants, Scholarships, and Fellowships](https://www.opensocietyfoundations.org/grants/past?grant_id=OR2023-90339)