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The 990 read · EIN 23-7825575 · PA · Fiscal year FY ending Jun 2025

National Philanthropic Trust

National Philanthropic Trust: CEO salary, finances and where donations go

In its own words

“National Philanthropic Trust is a public charity dedicated to increasing philanthropy in society.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$1.0M Eileen R Heisman, 0% of spending
Revenue
$17.79B 85.2% from donations and grants
Spent
$6.58B 99.3% on programs, as reported
Net assets
$55.80B end of FY ending Jun 2025
Savings
101.8 months of spending, net assets ÷ spending
People
310 employees, 17 volunteers
Form 990 (FY ending Jun 2025), Parts I, VII, IX, X
01 · Red flags

1 thing to look at.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

high

Reported an excess benefit transaction with an insider

Part IV line 25a answered yes.

Form 990 Part IV, lines 25a–25b; Schedule L Part I
02 · Where $1 goes · FY ending Jun 2025

Of each dollar it spent, 99.3¢ went to programs, as reported.

The split the charity filed.
99.3¢
Programs, $6.53B
0.2¢
Fundraising, $12.9M
0.5¢
Admin, $33.6M
Form 990 (FY ending Jun 2025), Part IX, line 25
Cost to raise $1
0¢
as reported

For each dollar donated, National Philanthropic Trust spent 0¢ on fundraising.

Fundraising ÷ $15.15B contributions · Form 990 Parts VIII, IX
03 · The savings

Net assets: $1.61B to $55.80B in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
1612
2103
2448
2748
4114
6002
7660
10484
15654
21250
27919
55802
Form 990 history via ProPublicaForm 990 (FY ending Jun 2025)
04 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Jun 2025, from the charity and related organizations.

Eileen R Heisman
Former President & CEO
$1,035,821
Holly Welch Stubbing
President & CEO (as of 2/26/25)
$781,583
Christopher P Adams
Chief Information Officer
$612,147
John Canady
CEO - Npt Uk and Npt Transatlantic
$547,400
Gil a Nusbaum
Chief Administrative & Legal Officer
$516,967
Jennifer Mulhall-Brereton
Chief Philanthropy Officer
$515,764
Andrew W Hastings - Executive
Family Office & Private Client Dev.
$436,536
Elizabeth Monahan
Chief Human Resources Officer
$433,233
Form 990 (FY ending Jun 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Iconiq Capital LLCConsulting$2,860,300
Rsm US LlpAudit, tax and consulting$942,249
Riess Consulting LLCConsulting$260,130
Disciplina Capital ManagementConsulting$253,426
Patterson Belknap Webb & Tyler LlpLegal$220,927
Form 990 (FY ending Jun 2025), Part VII, Section B
05 · Questions

The questions people ask about the National Philanthropic Trust.

Short, sourced answers. Each one stands on its own.

How much does the National Philanthropic Trust CEO make?

Eileen R Heisman, Former President & CEO, received $1,035,821 in reportable compensation in FY ending Jun 2025, 0% of National Philanthropic Trust's $6.58B in spending.

Form 990 (FY ending Jun 2025), Part VII

What percentage of National Philanthropic Trust donations go to programs?

National Philanthropic Trust reported 99.3% of FY ending Jun 2025 spending as programs, 0.2% as fundraising and 0.5% as management.

Form 990 (FY ending Jun 2025), Part IX

How much money does National Philanthropic Trust have?

Net assets were $55.80B at the end of FY ending Jun 2025, about 101.8 months of spending.

Form 990 (FY ending Jun 2025), Part X

Does National Philanthropic Trust have any red flags in its filing?

Its latest Form 990 triggered 1 of our twelve screening rules: reported an excess benefit transaction with an insider. A flag is a prompt for a closer look, not a finding of wrongdoing.

Form 990 (FY ending Jun 2025)
06 · Sources and citing

Every number, traced.

  1. National Philanthropic Trust Form 990, FY ending Jun 2025 (IRS e-file)
  2. National Philanthropic Trust Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “National Philanthropic Trust: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/national-philanthropic-trust/