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Congressional Integrity Project
Case fileDonor-Advised FundHigh-profile

National Philanthropic Trust

Appears in filings: 2018, 2020–2025

Total known giving to Capital Research Center

$270,000

“It manages about $65 billion — and, like all donor-advised funds, can route a gift while naming only the fund.”

Why this donor matters

National Philanthropic Trust is the largest independent donor-advised fund sponsor, managing roughly $65 billion in charitable assets. Like other DAFs, when it appears in Capital Research Center's filings it names the trust rather than the underlying donor — a reminder that the anonymity feature is not unique to ideological funds.

Giving on record

YearRecipientSource filingAmount
2025Capital Research CenterIRS Form 990 (2025)$54,500
2024Capital Research CenterIRS Form 990 (2024)$60,500
2023Capital Research CenterIRS Form 990 (2023)$35,500
2022Capital Research CenterIRS Form 990 (2022)$31,000
2021Capital Research CenterIRS Form 990 (2021)$32,000
2020Capital Research CenterIRS Form 990 (2020)$29,000
2018Capital Research CenterIRS Form 990 (2018)$27,500
Total$270,000

Why this matters

Transparency starts with following the money.

When a self-styled “watchdog” is bankrolled by the very interests it serves, the public deserves to know. Share this investigation. Put it in front of reporters and lawmakers. Help hold Capital Research Center’s funders accountable.