501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$12K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2026 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $62.9M a year · 34% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$12K
to officers and key staff · <0.01% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $749.1M in investments, Pt X · Ln 11–13
Fine: 0.2 months of spending in cash, plus $749.1M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $3.4M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$117K
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$241.2M
-20% vs prior year
Spent
$160.0M
To programs
99%
Net assets
$752.8M
By yearFY2021–FY2026
Revenue
$241.2M
FY2026▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2021$121.5M
FY2022$181.3M
FY2023$109.9M
FY2024$139.9M
FY2025$302.2M
FY2026$241.2M
Expenses
$160.0M
FY2026▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2021$86.5M
FY2022$110.0M
FY2023$100.6M
FY2024$115.0M
FY2025$146.8M
FY2026$160.0M
Net assets
$752.8M
FY2026▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2021$487.1M
FY2022$536.4M
FY2023$510.9M
FY2024$600.1M
FY2025$648.2M
FY2026$752.8M

From the FY2026 Form 990 (year ending March 2026) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Aug 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $159.1M Management & general 1% · $906K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $12K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2025); the FY2026 filing did not itemize Part VII
$2,500Pt VII · Sec A
$2,500Pt VII · Sec A
Director
$2,500Pt VII · Sec A
Director
$2,500Pt VII · Sec A
$2,500Pt VII · Sec A
$0Pt VII · Sec A
Chairman (until 6/25/2025)
$0Pt VII · Sec A
Director (as of 6/25/2025)
$0Pt VII · Sec A

Juliet a Eurich’s $2K as Director is at the 0th percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2026FY2025FY2024FY2023FY2022FY2021
John E Brothers————$5,938$88,977
Juliet a Eurich$2,500$2,500$2,500$2,500—$2,500
Mary J Miller$2,500$2,500$2,500$2,500——
David Wilson$2,500$2,500————
Samuel Hoi$2,500$2,500$2,500$2,500——
Erika Seth Davies$2,500$2,500$2,500———
George L Bunting JR——$2,500$2,500—$2,500
Fagan Harris———$2,500——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See T Rowe Price Program for Charitable Giving INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Administers donor-advised funds by pooling and investing contributions to distribute grants to qualified charities while providing educational resources on tax-efficient giving.

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Provided by the organization

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1 program · $159.1M · in their own filed words · FY2025
01

The program pools charitable contributions received for collective investment to make grants to charitable organizations. During the year the program made nearly 65,500 grants to over 15,000 charitable organizations.

$159.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 15,450 grants · $617.6M · 2020–2025
Cato InstituteDC · FY2025$5,010,500
Informed Consent Action NetworkTX · FY2025$2,604,000
Tabor AcademyMA · FY2025$2,535,000
Ethel Walker School INCCT · FY2025$2,100,000
Mayo ClinicMN · FY2025$2,012,180
Bluepath Service Dogs INCNY · FY2025$2,000,000
American UniversityDC · FY2025$1,632,350
Maryland InstituteMD · FY2025$1,308,000
Associated Catholic Charities INCMD · FY2025$1,233,600
Johns Hopkins UniversityMD · FY2025$1,121,395
The Everyman Theatre IncorporatedMD · FY2025$1,104,100
Millbrook SchoolNY · FY2025$1,103,000
Boys & Girls Clubs of AmericaGA · FY2025$1,053,713
See all 15,450 grants →

By the numbers

The FY2026 990, line by line.

1The main four
Money inPt VIII
$241.2M
Ln 12
Gifts and grantsLn 1h$189.0M
Investment incomeLn 3$52.2M
Money outPt IX
$160.0M
Ln 25
Programscol B$159.1M
Managementcol C$906K
Fundraisingcol D$2K
Owns and owesPt X
$752.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$752.9M
LiabilitiesLn 26$117K
PeoplePt VI, VII
14
listed · VII A
PaidVII A5
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$189.0M
Noncash giftsLn 1g$151.5M
Investment incomeLn 3$52.2M
Gains on assetsLn 7$35.1M
Total revenueLn 12$241.2M
Assets in detailPt X, end of year
CashLn 1$16K
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$2.7M
InvestmentsLn 11–13$749.1M
Other assetsLn 15$1.2M
Total assetsLn 16$752.9M
LiabilitiesLn 26$117K
Net assetsLn 32$752.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY26End FY26
Cash and savingsLn 1–2$2.0M$2.7M
InvestmentsLn 11–13$645.5M$749.1M
Total assetsLn 16$648.3M$752.9M
LiabilitiesLn 26$86K$117K
Net assetsLn 32$648.2M$752.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$158.1M$158.1M
Pay of current officers, directors and key staffLn 5$12K$12K
Other salaries and wagesLn 7$508K$508K
Other employee benefitsLn 9$175K$175K
Legal feesLn 11b$673$673
Accounting feesLn 11c$57K$57K
Investment management feesLn 11f$354K$354K
Other fees for servicesLn 11g$164K$164K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$6K$547$5K
Information technologyLn 14$300K$300K
OccupancyLn 16$270K$270K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$17K$17K
Total functional expensesLn 25$160.0M$159.1M$906K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest Viewing $241.2M$160.0M$81.2M$752.8M 990 PDF
FY2025 $302.2M$146.8M$155.4M$648.2M 990 PDF
FY2024 $139.9M$115.0M$24.9M$600.1M 990 PDF
FY2023 $109.9M$100.6M$9.3M$510.9M 990 PDF
FY2022 $181.3M$110.0M$71.3M$536.4M 990 PDF
FY2021 $121.5M$86.5M$34.9M$487.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2026 990 (6 parts)
Part I · Summary $241,178,122 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $166,726,331$189,006,686
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $135,466,658$52,171,436
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $302,192,989$241,178,122
I-13 Grants and similar amounts paidPrior year $144,929,825$158,091,678
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $641,430$695,495
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,184,289$1,178,177
I-18 Total expensesPrior year $146,755,544$159,965,350
I-19 Revenue less expensesPrior year $155,437,445$81,212,772
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $241,178,122 across 6 lines filed
VIII-1f All other contributions, gifts and grants$189,006,686
VIII-1g Noncash contributions (included above)$151,456,171
VIII-1h Total contributions, gifts and grants$189,006,686
VIII-3 Investment incomeExcluded from tax $17,031,143$17,031,143
VIII-7 Net gain or loss on sales of assetsExcluded from tax $35,140,293$35,140,293
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $52,171,436$241,178,122
Part IX · Statement of functional expenses $159,965,350 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $158,091,678$158,091,678
IX-5 Pay of current officers, directors and key staffPrograms $12,500$12,500
IX-7 Other salaries and wagesPrograms $507,938$507,938
IX-9 Other employee benefitsPrograms $175,057$175,057
IX-11b Legal feesManagement $673$673
IX-11c Accounting feesManagement $56,975$56,975
IX-11f Investment management feesManagement $354,242$354,242
IX-11g Other fees for servicesManagement $164,250$164,250
IX-12 Advertising and promotionFundraising $1,506$1,506
IX-13 Office expensesPrograms $547 · Management $5,119$5,666
IX-14 Information technologyManagement $300,173$300,173
IX-16 OccupancyPrograms $270,328$270,328
IX-23 InsuranceManagement $7,166$7,166
IX-24 Other expenses (24a–d)Management $17,198$17,198
IX-25 Total functional expensesPrograms $159,058,048 · Management $905,796 · Fundraising $1,506$159,965,350
Part X · Balance sheet $752,912,828 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $31,604$15,989
X-2 Savings and temporary cash investmentsStart of year $1,965,743$2,660,041
X-9 Prepaid expenses and deferred chargesStart of year $5,769$4,711
X-11 Publicly traded securitiesStart of year $645,496,766$749,051,556
X-15 Other assetsStart of year $778,059$1,180,531
X-16 Total assetsStart of year $648,277,941$752,912,828
X-17 Accounts payable and accrued expensesStart of year $85,937$116,599
X-26 Total liabilitiesStart of year $85,937$116,599
X-27 Net assets without donor restrictionsStart of year $648,192,004$752,796,229
X-32 Total net assets or fund balancesStart of year $648,192,004$752,796,229
X-33 Total liabilities and net assetsStart of year $648,277,941$752,912,828
Part XI · Reconciliation of net assets $752,796,229 net assets at year end
XI-1 Total revenue$241,178,122
XI-2 Total expenses$159,965,350
XI-3 Revenue less expenses$81,212,772
XI-4 Net assets at start of year$648,192,004
XI-5 Net unrealized gains (losses) on investments$23,391,453
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$752,796,229

Form 990 e-file (XML) FY2026 from the IRS · Classification, formation year and address from the IRS Business Master File

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