The James Family Charitable Trust
THE MISSION OF THE JAMES FAMILY CHARITABLE TRUST IS TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THE JAMES FAMILY CHARITABLE TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY.
IRS Tax Year 2022
Period ending June 30, 2023
Total Revenue
$86.7M
Total Expenses
$12.3M
Net Assets
$312.9M
Employees
0
Volunteers
2
Grants Paid
$11.4M
Program Expense Ratio
93.9%
This nonprofit profile presents IRS Form 990 tax filing data for The James Family Charitable Trust (EIN: 47-3856889), based on the 2023 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
The James Family Charitable Trust is a 501(c)(3) nonprofit headquartered in JENKINTOWN, PA, founded in 2015. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2015. In its 2022 filing, the organization reported $86.7M in total revenue, a 148.5% increase from the prior year, and $12.3M in total expenses. The organization engaged 2 volunteers. EILEEN R HEISMAN, DIRECTOR, is the highest-compensated individual at $990,974. The organization runs 1 program, totaling $11.6M in program expenses. 4 of 6 recommended governance policies are in place.
The James Family Charitable Trust is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.
Programs(Tax Year 2022)
1 record
The James Family Charitable Trust operates 1 program, with total program expenses of $11.6M. The James Family Charitable Trust's largest program accounts for 100% of total program spending.
THE JAMES FAMILY CHARITABLE TRUST PROVIDED GRANTS TOTALING $11,435,968 TO ORGANIZATIONS TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN THE AREAS OF ARTS AND CULTURE, EDUCATION, AND ENVIRONMENT AND ANIMALS, ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY.
Financial Overview(Tax Years 2019–2022)
4 records
Over the past 4 years, The James Family Charitable Trust's revenue has grown from $-872K to $86.7M, a 10038.2% increase. Program expenses represent 94% of total spending.
Revenue increased 148.5% year-over-year, while expenses grew 439.7%. net assets rose to $312.9M, up 38.5% from the prior year.
The James Family Charitable Trust derives 98% from contributions and grants, with 2% from investment income.
Revenue is heavily concentrated: 98% comes from contributions and grants, indicating limited diversification.
The James Family Charitable Trust allocates 94% to programs, 6% to management and general.
Expenses grew by 439.7%, outpacing revenue growth of 148.5% — a trend to watch if it continues.
The James Family Charitable Trust distributed $11.4M in grants to other organizations and individuals, representing 93% of total expenses.
Over 4 filings from 2019–2022, The James Family Charitable Trust grew revenue from $-872K to $86.7M (+10038.2%) while maintaining a program expense ratio of 94%.
The James Family Charitable Trust holds $326.3M in total assets against $13.4M in liabilities (debt-to-asset ratio of 4%). The organization has 304.6 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2022 | $86.7M | $85.2M | $0 | $0 | $1.5M |
| 2021 | $34.9M | $6.4M | $0 | $0 | $28.5M |
| 2020 | $103.0M | $92.0M | $0 | $0 | $10.9M |
| 2019 | $-872K | $1.5M | $0 | $0 | $-2.4M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2022 | $12.3M | $11.6M | $746K | $0 | $11.4M |
| 2021 | $2.3M | $2.0M | $244K | $0 | $1.9M |
| 2020 | $2.4M | $2.2M | $220K | $0 | $2.0M |
| 2019 | $16.5M | $16.3M | $204K | $0 | $16.0M |
Program Expense Ratio
93.9%
Admin Expense Ratio
6.1%
Fundraising Efficiency
—
Operating Reserve
304.6 mo
People & Compensation(Tax Year 2022)
11 records
The James Family Charitable Trust reported compensation for 11 officers and key employees. Total officer compensation was $2.7M, representing 21.6% of total expenses. 1 individual received total compensation exceeding $500,000.
The James Family Charitable Trust's highest-compensated individual received $991K in total compensation. Total officer compensation of $2.7M represents 21.6% of total expenses. 1 individual received total compensation exceeding $500,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| EILEEN R HEISMAN | DIRECTOR | Director | 3.00 | $0 | $945,057 | $990,974 |
| ELLEN M MCGUINN | ASST. TREASURER | Officer | 3.00 | $0 | $418,204 | $461,319 |
| RENE J PARADIS | FORMER TREASURER | Former | — | $0 | $308,814 | $339,984 |
| ANDREA C RUSH | ASST. SECRETARY | Officer | 3.00 | $0 | $260,653 | $305,670 |
| DEBRA FALK | SECRETARY | Officer | 3.00 | $0 | $224,600 | $268,510 |
| ANDREA KATZ | ASST. TREASURER | Officer | 3.00 | $0 | $135,686 | $145,945 |
| QUINN ROWAN | ASST. SECRETARY | Officer | 3.00 | $0 | $89,071 | $93,452 |
| JEREMY SCHWARTZ | ASST. TREASURER | Officer | 3.00 | $0 | $47,632 | $57,984 |
| STEPHEN HOPKINS | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| GERALD KERNER | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| AMABEL JAMES | DIRECTOR, PRESIDENT | OfficerDirector | 3.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
EILEEN R HEISMAN
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
ELLEN M MCGUINN
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
RENE J PARADIS
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
ANDREA C RUSH
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
DEBRA FALK
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2022)
The James Family Charitable Trust has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 2 of whom are independent.
The James Family Charitable Trust's financial statements are audited.
The James Family Charitable Trust delegates management duties to an outside firm.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2022)
18 records
The James Family Charitable Trust awarded $11.4M across 18 grants to organizations. Top recipients include METROPOLITAN MUSEUM OF ART (NEW YORK, NY) — $5.0M for culture & arts; GARRISON FOREST SCHOOL INC (OWINGS MILLS, MD) — $2.3M for education; CHOATE ROSEMARY HALL FOUNDATION INCORPORATED (WALLINGFORD, CT) — $1.3M for education.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| METROPOLITAN MUSEUM OF ART131624086 | NEW YORK, NY | $5.0M | CULTURE & ARTS |
| GARRISON FOREST SCHOOL INC520591516 | OWINGS MILLS, MD | $2.3M | EDUCATION |
| CHOATE ROSEMARY HALL FOUNDATION INCORPORATED060910420 | WALLINGFORD, CT | $1.3M | EDUCATION |
| WELLESLEY COLLEGE042103637 | WELLESLEY, MA | $939K | EDUCATION |
| FABRETTO CHILDREN'S FOUNDATION INC363894824 | EVANSTON, IL | $349K | HUMAN SERVICES |
| EYELLIANCE842711222 | NEW YORK, NY | $300K | HEALTH |
| STROUD WATER RESEARCH CENTER522081073 | AVONDALE, PA | $300K | PUBLIC, SOCIETAL BENEFIT |
| MOUNT SINAI MEDICAL CENTER131624096 | NEW YORK, NY | $204K | HEALTH |
| THE GRADUATE CENTER FOUNDATION INC133219419 | NEW YORK, NY | $150K | EDUCATION |
| LITTLE TRAVERSE CONSERVANCY INC237267810 | HARBOR SPRINGS, MI | $150K | ENVIRONMENT, ANIMALS |
| NEW YORK SHAKESPEARE FESTIVAL DBA THE PUBLIC THEATER131844852 | NEW YORK, NY | $100K | CULTURE & ARTS |
| PREP FOR PREP132613383 | NEW YORK, NY | $100K | EDUCATION |
| BREARLEY SCHOOL131623915 | NEW YORK, NY | $50K | EDUCATION |
| COLLEGIATE SCHOOL INC131634966 | NEW YORK, NY | $50K | EDUCATION |
| THE UNIVERSITY OF MONTANA WESTERN FOUNDATION810386970 | DILLON, MT | $30K | EDUCATION |
| TWIN BRIDGES PUBLIC SCHOOLS810537659 | TWIN BRIDGES, MT | $13K | EDUCATION |
| AMERICAN UNIVERSITY OF BEIRUT135596846 | NEW YORK, NY | $8K | EDUCATION |
| ENTITLEMENTS HOW INC813361101 | LEXINGTON, KY | $7K | EDUCATION |
Foreign Activities(Tax Year 2022)
Activities span CENTRAL AMERICA AND THE CARIBBEAN.
Regions & Countries
| Region / Country | Activity | Expenditure |
|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | — | — |
Filing History(Tax Years 2015–2022)
4 records
Showing the 4 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2022 | 990 | 2022-07-01 – 2023-06-30 | $86.7M | $12.3M | $312.9M |
| 2021 | 990 | 2021-07-01 – 2022-06-30 | $34.9M | $2.3M | $226.0M |
| 2020 | 990 | 2020-07-01 – 2021-06-30 | $103.0M | $2.4M | $198.3M |
| 2019 | 990 | 2019-07-01 – 2020-06-30 | $-872K | $16.5M | $71.9M |
| 2015–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does The James Family Charitable Trust do?
THE MISSION OF THE JAMES FAMILY CHARITABLE TRUST IS TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THE JAMES FAMILY CHARITABLE TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY.
How much revenue does The James Family Charitable Trust have?
The James Family Charitable Trust reported $86,677,480 in total revenue for tax year 2022, up 148.5% from the prior year.
Who is the highest-paid executive at The James Family Charitable Trust?
EILEEN R HEISMAN, DIRECTOR, received $990,974 in total compensation as of tax year 2022.
Is The James Family Charitable Trust a 501(c)(3)?
Yes, The James Family Charitable Trust is classified as a 501(c)(3) tax-exempt organization.
Where is The James Family Charitable Trust located?
The James Family Charitable Trust is headquartered in JENKINTOWN, PA 19046.
What type of nonprofit is The James Family Charitable Trust?
The James Family Charitable Trust is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is The James Family Charitable Trust audited?
Yes, The James Family Charitable Trust's financial statements are audited.
Does The James Family Charitable Trust give grants?
Yes, The James Family Charitable Trust distributed $11,435,968 in grants to other organizations and individuals in tax year 2022. Top recipients include METROPOLITAN MUSEUM OF ART, GARRISON FOREST SCHOOL INC, CHOATE ROSEMARY HALL FOUNDATION INCORPORATED.
Does The James Family Charitable Trust operate internationally?
Yes, The James Family Charitable Trust conducts activities outside the United States. Activities span CENTRAL AMERICA AND THE CARIBBEAN.
Data Source
Prepared by: RSM US LLP, PHILADELPHIA, PA
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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