Civic Intelligence

The Pershing Square Foundation

EIN 20-8068401 • New York, NY

Eisner Advisory Grp 733 3rd AveNew York, NY 10017
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$250M-$1B nonprofits • Source year 2024

Net Margin

82nd percentile

29%

Higher net margin than 82% of similar nonprofits.

$250M-$1B nonprofits • Source year 2024

Top Officer Pay

68th percentile

$446,892

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

$250M-$1B nonprofits • Source year 2024

Asset Growth

37th percentile

2.6%

Faster asset growth than 37% of similar nonprofits.

$250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

63%

Faster revenue growth than 89% of similar nonprofits.

$250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$414,591,902

Up $10,454,103 (+2.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$414,591,902

Up $10,454,103 (+2.6%) from 2023

Revenue

Up

$36,151,858

Up $13,997,894 (+63%) from 2023

Expenses

Down

$25,697,755

Down $7,106,469 (-22%) from 2023

Net Income

Up

$10,454,103

Up $21,104,363 (+198%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600M$400M$200M$0Assets 2011: $70,177,981Liabilities 2011: $02011Assets 2012: $59,227,022Liabilities 2012: $02012Assets 2013: $36,731,129Liabilities 2013: $02013Assets 2014: $34,732,021Liabilities 2014: $02014Assets 2015: $78,523,048Liabilities 2015: $02015Assets 2019: $94,392,710Liabilities 2019: $02019Assets 2020: $94,797,736Liabilities 2020: $18,155,000Net Assets 2020: $76,642,7362020Assets 2021: $346,223,156Liabilities 2021: $500,000Net Assets 2021: $345,723,1562021Assets 2022: $414,726,662Liabilities 2022: $0Net Assets 2022: $414,726,6622022Assets 2023: $404,137,799Liabilities 2023: $0Net Assets 2023: $404,137,7992023Assets 2024: $414,591,902Liabilities 2024: $0Net Assets 2024: $414,591,9022024

Highlighted filing

2024

Assets$414,591,902
Liabilities$0
Net Assets$414,591,902

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400M$300M$200M$100M$0-$100MRevenue 2011: $59,002,678Expenses 2011: $25,477,893Net Income 2011: $33,524,7852011Revenue 2012: $10,091,304Expenses 2012: $21,042,263Net Income 2012: -$10,950,9592012Revenue 2013: $10,002,234Expenses 2013: $32,498,127Net Income 2013: -$22,495,8932013Revenue 2014: $32,992,967Expenses 2014: $34,992,075Net Income 2014: -$1,999,1082014Revenue 2015: $78,115,346Expenses 2015: $34,325,122Net Income 2015: $43,790,2242015Revenue 2019: $46,345,661Expenses 2019: $15,173,770Net Income 2019: $31,171,8912019Revenue 2020: $21,235,439Expenses 2020: $35,388,302Net Income 2020: -$14,152,8632020Revenue 2021: $346,633,563Expenses 2021: $66,444,081Net Income 2021: $280,189,4822021Revenue 2022: $106,285,874Expenses 2022: $28,156,319Net Income 2022: $78,129,5552022Revenue 2023: $22,153,964Expenses 2023: $32,804,224Net Income 2023: -$10,650,2602023Revenue 2024: $36,151,858Expenses 2024: $25,697,755Net Income 2024: $10,454,1032024

Highlighted filing

2024

Revenue$36,151,858
Expenses$25,697,755
Net Income$10,454,103

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
OLIVIA TOURNAY FLATTOPresidentFT$417,605$29,287$446,892
WILLIAM A ACKMANTrustee-$0--
NERI OXMANTrustee-$0--
ANDREA MARKEZINTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Pershing Square Foundation
EIN
20-8068401
Phone
2129498700
Address
EISNER ADVISORY GRP 733 3RD AVE, NEW YORK, NY 10017

Signing Officer

Name
William a Ackman
Title
Trustee
Phone
2129498700
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Eisner Advisory Group LLC
Address
733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Stephanie Hines
Phone
2129498700
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt26LIBERTY & JUSTICE - SERIES C PREFERRED
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt41PHARMASECURE - SERIES B-1 PREFERRED
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt53THE SOCIAL ENTREPRENURS FD III
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt72HALLE TRUE ENVIRONMENTAL FUND LLC
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt74LSV SPECIAL OPPORTUNITIES FUND VI, LP - CLASS Z-8
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt75LUMINA STRATEGIC SOLUTIONS FEEDER FUND II LP
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt77TURNER HEALTHCARE FACILITIES FUND II, L.P.
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt79WINNERS ALLIANCE, INC. - SERIES B NON-VOTING PREFERRED STOCK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt80WINNERS ALLIANCE, INC. - SERIES B VOTING PREFERRED STOCK
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IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt02560549
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt034106561
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt0247468
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
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IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc1PASS-THRU:ORDINARY INC.-UP FUND
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc2PASS-THRU:ORDINARY INC.-ENDEAVOR CATALYST III
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc3PASS-THRU:ORDINARY INC.-OP VENTURES FUND I LP
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc4PASS-THRU:ORDINARY INC.-TURNER MULTIFAMILY IMPACT FUND, LP
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc5PASS-THRU:ORDINARY INC.-ENDEAVOR CATALYST IV
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc6PASS-THRU:ORDINARY INC.-FROGTEK BOP LLC
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IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc8CASH REALIZED FX G/L
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IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc10PASS-THRU:SUBPART F INC.-LSV SPECIAL OPPORTUNITIES FUND VI, L.P
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IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc14PASS-THRU:ORDINARY INC.-TABLE JERSEY LLC
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt0-55
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IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt22254
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt3-2418
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt42275
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt5-42
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IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt749
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt8146282
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt98
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt10-114280
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt11-67841

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