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Charity Math
The 990 read · EIN 20-4668756 · NY · Fiscal year 2025

Panthera

Panthera Corporation: CEO salary, finances and where donations go

In its own words

“Panthera's mission is the conservation of the world's 40 wild cat species.”

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
$500K Frederic Launay, 1.7% of spending
Revenue
$91.8M 99.8% from donations and grants
Spent
$30.1M 84.2% on programs, as reported
Net assets
$75.9M end of 2025
Savings
30.3 months of spending, net assets ÷ spending
People
56 employees, 11 volunteers
Form 990 (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.

low

Business transactions with insiders or their companies

Part IV line 28b answered yes.

Form 990 Part IV, lines 28a–28c; Schedule L Part IV
02 · Where $1 goes · 2025

Of each dollar it spent, 84.2¢ went to programs, as reported.

The split the charity filed.
84.2¢
Programs, $25.3M
4.5¢
Fundraising, $1.3M
11.4¢
Admin, $3.4M
Form 990 (2025), Part IX, line 25
Cost to raise $1
1¢
as reported

For each dollar donated, Panthera spent 1¢ on fundraising.

Fundraising ÷ $91.6M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 16.5% of program spending · $3K in grants $4.2M

Leopard - panthera conducts long-term, citizen-science-based monitoring at flagship sites such as south africa's sabi sands game reserve and supports the southern african leopard monitoring program across south africa, namibia, zambia, and zimbabwe to guide patrol efforts and wildlife corridors. Through its furs for life and saving spots demand-reduction initiatives, panthera has produced and distributed over 18,500 synthetic leopard furs for use in traditional ceremonies, reducing demand for authentic skins and saving countless leopards. In partnership with the royal commission for alula,…

Program 2 · 10.8% of program spending · $631K in grants $2.7M

Jaguar - panthera utilizes a range-wide approach focusing on the entire spectrum of species influences and dynamics, including prey, key populations, threat mitigation, education and building genetic corridors in which jaguars can move safely. Panthera works closely with ranchers to develop methods and models to demonstrate that cattle ranching and jaguar conservation can co-exist, just as they work with engineers and developers to design roads that allow for easier passage of jaguars and other wildlife.

Program 3 · 55.9% of program spending · $860K in grants $14.1M

Tiger - panthera, through various individual programs, seeks to increase wild tiger populations by at least 50% across key sites over the next decade. In addition, panthera identifies and creates safe corridors for the species to move between core populations.puma - panthera is working to better understand and protect pumas in the western U.S. (especially the olympic peninsula in washington state) and in the torres del paine national park region in the chilean patagonia. Panthera's work includes utilizing innovative camera technology to observe the secret social lives of pumas, characterizing…

Form 990 (2025), Part III
04 · The savings

Net assets: $8.1M to $75.9M in 11 years.

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

Net assets at year end, $ millions
8
60
54
31
26
19
14
15
14
10
19
76
Form 990 history via ProPublicaForm 990 (2025)
05 · Who gets paid

The 8 highest-paid people.

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

Frederic Launay
President/CEO
$500,015
Kevin Mcnulty
Treasurer/EVP & Cfoo
$301,228
Joseph Smith Phd
Ed Conservation Action
$218,708
Emily Beverage
General Counsel/Secretary
$203,527
Carolyn Gibson
Cao
$195,589
Eric Ventura
Ed Business Development
$195,276
Hisham Fahim
Controller
$191,176
Karen Wood
Senior Dir of Global Policy/Cons Science
$186,063
Form 990 (2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Red PaladinIt services$405,091
Sanky Communications IncDirect mail consultants$250,540
Baker Tilly Advisory Group LpAudit and tax services$162,225
PkprPr/media services$120,000
Form 990 (2025), Part VII, Section B
06 · Questions

The questions people ask about the Panthera.

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

How much does the Panthera CEO make?

Frederic Launay, President/CEO, received $500,015 in reportable compensation in 2025, 1.7% of Panthera's $30.1M in spending.

Form 990 (2025), Part VII

What percentage of Panthera donations go to programs?

Panthera reported 84.2% of 2025 spending as programs, 4.5% as fundraising and 11.4% as management.

Form 990 (2025), Part IX

How much money does Panthera have?

Net assets were $75.9M at the end of 2025, about 30.3 months of spending.

Form 990 (2025), Part X

Does Panthera have any red flags in its filing?

Its latest Form 990 triggered 1 of our twelve screening rules: business transactions with insiders or their companies. A flag is a prompt for a closer look, not a finding of wrongdoing.

Form 990 (2025)
07 · Sources and citing

Every number, traced.

  1. Panthera Form 990, 2025 (IRS e-file)
  2. Panthera Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Panthera: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/panthera/