Is Warburg Pincus Foundation Legit?

Quick charity verification for Warburg Pincus Foundation (EIN: 134148834)

Verdict: Warburg Pincus Foundation appears trustworthy

85/100Mission Score

$8.9MRevenue

$449KAssets

2Red Flags

3Strengths

Red Flags

Significant year-over-year fluctuations in assets, from $697,422 in 202211 to $113,027 in 202311, warrant further scrutiny.
Expenses exceeded revenue in multiple periods (e.g., 202311, 202011, 201911), indicating operational deficits for those years.

Strengths

Consistent 0% officer compensation across all reported periods, indicating high efficiency in executive overhead.
Extremely low liabilities (often $1) across all filings, suggesting strong financial management and minimal debt.
Consistent filing of IRS 990s over a decade, demonstrating transparency in reporting.

Spending Breakdown

How Warburg Pincus Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Warburg Pincus Foundation

Is Warburg Pincus Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Warburg Pincus Foundation (EIN: 134148834) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Warburg Pincus Foundation a good charity to donate to?

Warburg Pincus Foundation has a Mission Score of 85/100. Revenue: $8.9M. Assets: $449K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Warburg Pincus Foundation?

The Employer Identification Number (EIN) for Warburg Pincus Foundation is 134148834. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Warburg Pincus Foundation spend its money?

Warburg Pincus Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Warburg Pincus Foundation's tax-exempt status?

You can verify Warburg Pincus Foundation's tax-exempt status using EIN 134148834 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Warburg Pincus Foundation demonstrates consistent financial activity, with revenues and expenses fluctuating over the past decade. In the latest period (202311), the foundation reported revenues of $5,839,210 against expenses of $6,423,605, indicating a deficit for the year. This trend of expenses sometimes exceeding revenue is observed in several periods, such as 202011 ($6,600,325 revenue vs. $6,671,473 expenses) and 201911 ($2,139,045 revenue vs. $2,365,711 expenses). However, there are also periods of surplus, like 202211 ($9,050,000 revenue vs. $8,589,534 expenses).

The organization consistently reports extremely low liabilities, often just $1, which suggests a strong balance sheet in terms of debt management. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, indicating that executive leadership is not drawing salaries from the foundation, which is a strong positive for donor confidence and efficiency. The foundation's assets have varied significantly, from a high of $5,014,479 in 201111 to a low of $60,940 in 202011, and currently stand at $113,027 in 202311, which is a substantial decrease from the $697,422 in 202211. This volatility in assets warrants further investigation to understand the underlying causes.

While the 0% officer compensation is a significant strength for transparency and efficiency, the fluctuating asset base and occasional operational deficits suggest a need for careful monitoring of financial sustainability. The NTEE code T22 indicates a focus on private grantmaking foundations, which typically have different spending profiles than direct service charities. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the lack of officer compensation is a strong indicator of low administrative overhead in that specific area.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.