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Filing year 2023

THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF

Philadelphia, Pennsylvania·EIN 04-3731829·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$32M
Total assets
$124.5M
Total expenses
$21.8M
Reported officers
42
Mission

THE MISSION OF THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF THE PHILADELPHIA FOUNDATION (THE INSTITUTE) IS TO RECEIVE, MANAGE, AND DISTRIBUTE ASSETS IN SUPPORT OF THE PHILADELPHIA FOUNDATION (TPF) BY ENABLING QUALITY LOCAL JOURNALISM THAT SERVES ITS COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Chief Executive Officer - Llc
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$573k
$638k
Base
$495k
Bonus
Other
$1k
Benefits
$45k
Chief Advancement Officer - Llc
Key Employee
Above 90th percentile
$369k
$411k
Base
$279k
Bonus
$25k
Other
$774
Benefits
$32k
Chief Operating Officer - Llc
Above 90th percentile
$337k
$375k
Base
$303k
Bonus
Other
$1k
Benefits
$3k
Head of Devel & Donor Relations-llc
Highest Compensated Employee
75th to 90th percentile
$207k
$230k
Base
$181k
Bonus
Other
$162
Benefits
$7k
Head of Philadelphia Programs - Llc
Highest Compensated Employee
Median to 75th percentile
$195k
$218k
Base
$168k
Bonus
Other
$270
Benefits
$10k
Head of National Programs - Llc
Highest Compensated Employee
Median to 75th percentile
$193k
$215k
Base
$183k
Bonus
Other
Benefits
$1k
Chief Financial Officer - Llc
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$174k
$194k
Base
$142k
Bonus
Other
Benefits
$17k
Head of Editorial and Comms - Llc
Highest Compensated Employee
25th percentile to median
$148k
$165k
Dir Local News Transformation Fd-llc
Highest Compensated Employee
25th percentile to median
$141k
$158k
Secretary, President & CEO
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$66k
$74k
Tpf Chief Financial Officer
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$52k
$57k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF

What does the Chief Executive Officer of THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF earn?

In 2023, the Chief Executive Officer of THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF received $572,814 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF falls in the top 10%. In 2023, the highest total compensation at THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF's revenue and expenses?

In 2023, THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF reported $32M in total revenue and $21.8M in total expenses on its IRS Form 990.

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