Nonprofit · EIN 23-1503488
WILLIAM PENN FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $158,540,937 | $154,225,097 | $4,315,840 | $3,435,225,624 | $99,629,188 | $3,335,596,436 |
| December 31, 2023 | 990-PF | $108,930,400 | $181,008,307 | -$72,077,907 | $3,286,225,714 | $110,629,600 | $3,175,596,114 |
| December 31, 2022 | 990-PF (amended) | $79,917,908 | $207,861,146 | -$127,943,238 | $3,236,819,790 | $109,548,372 | $3,127,271,418 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $36,750
- Dividends
- $22,278,395
- Net gain from sales of assets
- $136,224,599
- Other income
- $1,193
Expenses
- Grants and similar amounts paid
- $116,483,652
- Compensation of officers, directors and key employees
- $2,814,953
- Salaries, compensation and benefits (total)
- $7,450,210
- Disbursements for charitable purposes
- $159,969,971
- Excise tax on investment income
- $4,679,136
Balance sheet and other
- Total assets, start of year
- $3,286,225,714
- Total assets, end of year
- $3,435,225,624
- Total liabilities, end of year
- $99,629,188
- Net assets, end of year
- $3,335,596,436
- Fair market value of assets
- $3,435,225,624
- Qualifying distributions
- $160,761,472
- Net investment income
- $388,802,011
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MADOE HTUN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CHIEF INVESTMENT OFFICER | 40 | $1,406,257 | $57,899 |
| JOHN CROSS TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $640,706 | $55,240 |
| AMY CHAN TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $640,559 | $39,336 |
| JEFFREY JACKMAN TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $640,519 | $64,229 |
| DANE KLINE TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $597,241 | $50,892 |
| SHAWN MCCANEY TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | EXECUTIVE DIRECTOR | 40 | $483,585 | $73,162 |
| BRYAN ULISHNEY TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF FINANCE AND ADMIN./TREAS. | 40 | $372,797 | $65,347 |
| ELLIOT WEINBAUM TWO LOGAN SQUARE SUITE 1101, PHILADELPHIA, PA 19104 | CHIEF PHILANTHROPY OFFICER | 40 | $352,490 | $42,871 |
| REBECCA MORLEY TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $276,148 | $54,536 |
| JESSICA RICHARDS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | PROGRAM DIRECTOR/ASSISTANT SECRETARY | 40 | $199,824 | $43,848 |
| ALLISON ACEVEDO TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 1 | $0 | $0 |
| ANDREW HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 1 | $0 | $0 |
| CATHERINE HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOCIATE BOARD MEMBER | 1 | $0 | $0 |
| DAVID HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CORP MEMBER | 1 | $0 | $0 |
| DOROTHY HANRAHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOCIATE BOARD MEMBER | 2 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANET HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/ASSOCIATE CORP MEMBER | 3 | $0 |
| JOHN HANRAHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 1 | $0 |
| KATHERINE CHRISTIANO TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD CHAIR/CORP VICE CHAIR | 3 | $0 |
| LEONARD HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/CORP MEMBER | 2 | $0 |
| LORENA AHUMADA TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 |
| MARCEL PRATT TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 |
| PETER HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BD VICE CH/CORP CH | 4 | $0 |
| ROBERT VICTOR TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 |
| SARAH HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BD SECRETARY/ CORP MEMBER | 2 | $0 |
| SUZANNE WELSH- LEFT 102024 TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 |
| THOMAS HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/CORP MEMBER | 2 | $0 |
| NICHOLAS HAAS- STARTED 042024 TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOCIATE BOARD MEMBER | 2 | $0 |
990-PF for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MADOE HTUN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CHIEF INVESTMENT OFFICER | 40 | $1,157,993 | $54,705 |
| AMY CHAN TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $498,202 | $36,727 |
| JOHN CROSS TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $497,781 | $50,792 |
| JEFFREY JACKMAN TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $497,507 | $59,845 |
| SHAWN MCCANEY TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | EXECUTIVE DIRECTOR | 40 | $463,809 | $68,574 |
| DANE KLINE TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $448,673 | $48,580 |
| BRYAN ULISHNEY TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIR FINANCE & ADMIN/TREASURER | 40 | $334,319 | $60,839 |
| ELLIOT WEINBAUM TWO LOGAN SQUARE SUITE 1101, PHILADELPHIA, PA 19104 | CHIEF PHILANTHROPY OFFICER | 40 | $316,338 | $39,497 |
| REBECCA MORLEY TWO LOGAN SQ STE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $251,448 | $50,540 |
| JESSICA RICHARDS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSISTANT SECRETARY | 40 | $190,453 | $41,169 |
| ALLISON ACEVEDO TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| ANDREW HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| CHRISTINA HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BD MEMBER/CORP MEMBER | 3 | $0 | $0 |
| DAVID HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/CORP MEMBER | 2 | $0 | $0 |
| DOROTHY HANRAHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOCIATE BOARD MEMBER | 1 | $0 | $0 |
| JANET HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/ASSOCIATE CORP MEMBER | 3 | $0 | $0 |
| JOHN HANRAHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOCIATE BOARD MEMBER | 1 | $0 | $0 |
| KATHERINE CHRISTIANO TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD CHAIR/CORP VICE CHAIR | 4 | $0 | $0 |
| LEONARD HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CORP MEMBER | 1 | $0 | $0 |
| LORENA AHUMADA TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| MARCEL PRATT TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| PETER HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BD VICE CH/BD SECR/CORP CH | 3 | $0 | $0 |
| ROBERT VICTOR TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| SARAH HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/ASSOCIATE CORP MEMBER | 2 | $0 | $0 |
| SUZANNE WELSH TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 3 | $0 | $0 |
| THOMAS HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/CORP MEMBER | 1 | $0 | $0 |
990-PF for the year ended December 31, 2022: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MADOE HTUN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CHIEF INVESTMENT OFFICER | 40 | $1,103,618 | $52,906 |
| SHAWN MCCANEY TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | EXECUTIVE DIRECTOR | 40 | $442,043 | $66,700 |
| AMY CHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $403,634 | $33,672 |
| JEFFREY JACKMAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $371,674 | $58,185 |
| JOHN CROSS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $371,555 | $56,570 |
| DANE KLINE TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIRECTOR OF INVESTME Highest-paid employee | 40 | $302,942 | $55,007 |
| BRYAN ULISHNEY TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | DIR FIN. & ADMIN/TREAS/ASST SECR | 40 | $300,281 | $59,122 |
| ELLIOT WEINBAUM TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CHIEF PHILANTHROPY O Highest-paid employee | 40 | $285,837 | $36,557 |
| JANET HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/ASSOC. CORP MEMBER | 3 | $0 | $0 |
| DAVID HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/CORP MEMBER | 4 | $0 | $0 |
| LEONARD HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | CORP MEMBER | 1 | $0 | $0 |
| THOMAS W HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/CORP MEMBER | 2 | $0 | $0 |
| ANDREW HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| CHRISTINA HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD VICE CHAIR/CORP CHAIR | 6 | $0 | $0 |
| PETER HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | SECRETARY/CORP MEMBER | 2 | $0 | $0 |
| KATHERINE CHRISTIANO TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD CHAIR/CORP VICE CHAIR | 6 | $0 | $0 |
| DONALD KIMELMAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| SARAH HAAS TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER/ASSOC. CORP MEMBER | 2 | $0 | $0 |
| CLAIRE LOMAX LEFT 6122 TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 1 | $0 | $0 |
| ROBERT VICTOR TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| JOHN HANRAHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOC BOARD MEMBER | 2 | $0 | $0 |
| DOROTHY HANRAHAN TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | ASSOC BOARD MEMBER | 2 | $0 | $0 |
| LORENA AHUMADA TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| MARCEL PRATT TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 2 | $0 | $0 |
| SUZANNE WELSH TWO LOGAN SQUARE SUITE 1100, PHILADELPHIA, PA 19103 | BOARD MEMBER | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 LOGAN SQUARE 100 NORTH 18TH ST11T, PHILADELPHIA, PA 19103-0000
- Signed the 990-PF
- BRYAN ULISHNEY, CFAO
- Phone
- (215) 988-1830
- Website
- WILLIAMPENNFOUNDATION.ORG
- Return prepared by
- CBIZ ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-1503488
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1947
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,435,225,624
- Income (IRS master file)
- $1,222,677,170
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $158,540,937 | $154,225,097 | $3,435,225,624 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $108,930,400 | $181,008,307 | $3,286,225,714 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | $79,917,908 | $207,861,146 | $3,236,819,790 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about WILLIAM PENN FOUNDATION
- What is the EIN of WILLIAM PENN FOUNDATION?
- The employer identification number (EIN) of WILLIAM PENN FOUNDATION is 23-1503488.
- Is WILLIAM PENN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
- Are donations to WILLIAM PENN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WILLIAM PENN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WILLIAM PENN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILLIAM PENN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WILLIAM PENN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 27 people; 10 received compensation from the organization, the highest $1,406,257 (MADOE HTUN, CHIEF INVESTMENT OFFICER).
- How much revenue does WILLIAM PENN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $158,540,937, expenses of $154,225,097 and total assets of $3,435,225,624 at year end.
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