Nonprofit · EIN 23-6261726
CIGNA FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19192
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $12,590,382 | $15,931,336 | -$3,340,954 | $127,208,193 | $2,100,692 | $125,107,501 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $5,156,131
- Net gain from sales of assets
- $7,434,251
Expenses
- Grants and similar amounts paid
- $15,131,293
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $14,722,167
- Excise tax on investment income
- $105,352
Balance sheet and other
- Total assets, start of year
- $129,315,317
- Total assets, end of year
- $127,208,193
- Total liabilities, end of year
- $2,100,692
- Net assets, end of year
- $125,107,501
- Fair market value of assets
- $127,208,193
- Qualifying distributions
- $14,807,614
- Net investment income
- $7,579,315
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 |
|---|---|---|---|
| AMY FLASTER 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.05 | $0 |
| SACHIN JOSHI 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.05 | $0 |
| ANDREA NELSON 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.05 | $0 |
| MATTHEW PERLBERG 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.05 | $0 |
| MELISSA SKOTTEGAARD 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | BOARD CHAIR & DIRECTOR | 0.05 | $0 |
| CELESTE PLAYER 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.05 | $0 |
| KARI STEVENS 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.05 | $0 |
| SUZANNE KLOTZ 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | PRESIDENT | 20 | $0 |
| DOUGLAS WOODWARD 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | MEMBER OF BOARD | 0.15 | $0 |
| JULIE MILLS 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | ASSISTANT SECRETARY | 0.15 | $0 |
| SCOTT LAMBERT 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | ASSISTANT TREASURER | 0 | $0 |
| JOANNE HART 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | ASSISTANT TREASURER | 0.05 | $0 |
| TRACY LABONTE 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | CHIEF INVESTMENT OFFICER | 0 | $0 |
| GENEVA BROWN 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | SECRETARY | 0.03 | $0 |
| SARA QUIST 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | ASSISTANT SECRETARY | 18 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED MANNING 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192 | TREASURER, VICE PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 CHESTNUT STREET TL15C, PHILADELPHIA, PA 19192-0003
- In care of
- % CIGNA TAX 17L
- Signed the 990-PF
- MELISSA SKOTTEGARD, OFFICER
- Phone
- (215) 761-1000
- Return prepared by
- DELOITTE TAX LLP
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
- 23-6261726
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $127,208,193
- Income (IRS master file)
- $17,051,559
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $15,548,109 | $16,393,958 | $129,315,317 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 CIGNA FOUNDATION
- What is the EIN of CIGNA FOUNDATION?
- The employer identification number (EIN) of CIGNA FOUNDATION is 23-6261726.
- Is CIGNA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to CIGNA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CIGNA FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CIGNA 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 CIGNA 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 CIGNA FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does CIGNA FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $12,590,382, expenses of $15,931,336 and total assets of $127,208,193 at year end.
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