Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
The Procter & Gamble Retiree Benefit Trust
EIN 31-1383353 • 501(c)9 • Cincinnati, OH
Profile
To provide retiree medical benefits for the u.s. Procter & gamble company retired employees.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.13x
Liabilities / Revenue
36th percentile
Higher debt load relative to revenue than 36% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Balance Sheet
Assets
Down$18,467,431
Down $8,676,047 (-32%) from 2021
Liabilities
Down$1,665,345
Down $315,137 (-16%) from 2021
Net Assets
Down$16,802,086
Down $8,360,910 (-33%) from 2021
Revenue
Down$181,903,633
Down $5,981,028 (-3.2%) from 2021
Expenses
Up$190,264,543
Up $5,555,851 (+3.0%) from 2021
Net Income
Down-$8,360,910
Down $11,536,879 (-363%) from 2021
Trend Graphs
Filings
Most recent year
2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $18,467,431
- Liabilities
- $1,665,345
- Net assets
- $16,802,086
- Revenue
- $181,903,633
- Expenses
- $190,264,543
- Net income
- -$8,360,910
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Mar 21, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $181,903,633
Mission and Program Overview
Mission
TO PROVIDE RETIREE MEDICAL BENEFITS FOR THE U.S. PROCTER & GAMBLE COMPANY retired EMPLOYEES.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $25,162,996 | $16,802,086 | ▼ $8,360,910 |
| Investments in Publicly Traded Securities | $21,770,149 | $14,717,239 | ▼ $7,052,910 |
| Accounts Receivable | $5,373,063 | $3,740,532 | ▼ $1,632,531 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Total Assets | $27,143,478 | $18,467,431 | ▼ $8,676,047 |
| Other Assets Total | $266 | $9,660 | ▲ $9,394 |
| Liabilities | |||
| Other Liabilities | $1,980,482 | $1,665,345 | ▼ $315,137 |
| Total Liabilities | $1,980,482 | $1,665,345 | ▼ $315,137 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $25,162,996 | $16,802,086 | ▼ $8,360,910 |
| Total Liabilities and Net Assets / Fund Balance | $27,143,478 | $18,467,431 | ▼ $8,676,047 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| - | Trustee |
| Colleen Helker | Investment Committee Membe |
| Kevin Whitham | Investment Committee Membe |
| Matt Janzaurk | Investment Committee Membe |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| United Healthcare Insurance Company | Claims Processing | 5901 LINCOLN DRIVE, Minneapolis, MN 55436 | $5,878,953 |
| Cigna Health And Life Insurance Company | Administration Svcs. | 900 COTTAGE GROVE RD, Bloomfield, CT 06002 | $512,211 |
| Metropolitan Life Insurance Company | Claims Processing | 501 US HIGHWAY 22, Bridgewater, NJ 08807 | $445,179 |
| Best Doctors | Claims Processing | 60 STATE STREET SUITE 600, Boston, MA 02109 | $106,639 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $181,879,864
- Investment Income
- $23,769
- Other Revenue
- $0
- Change in Net Assets
- $-8,360,910
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $6,531,473 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Benefits to Members | - | - | - | $183,733,070 |
| Other Expenses | - | - | - | $6,528,997 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $2,476 |
| Total Functional Expenses | $0 | $0 | $0 | $190,264,543 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Part. Contr. Received in Advance | $1,665,345 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, Line 3
“The procter & gamble company's board of directors delegated authority to the treasurer of the procter & gamble company regarding oversight of the trust, who in turn has appointed the northern trust company as the directed trustee for the trust, and delegated authority to the procter & gamble investment committee to be the fiduciary responsible for the plan assets in the trust and the authority to direct the trustee. The investment committee has delegated authority to the my p&g services, finance & accounting organization within the procter & gamble u.s. Business services company to manage the day-to-day responsibilities with respect to administration of the trust that are not handled by the trustee. The treasurer appointed the northern trust company as the trustee during the tax year. Prior to this appointment, the investment committee was the trustee for the trust.”
Form 990, Part VI, Section A, Line 7A
“The procter & gamble company's board of directors delegated authority to the treasurer of the procter & gamble company regarding oversight of the trust, who in turn has appointed the northern trust company as the directed trustee for the trust, and delegated authority to the procter & gamble investment committee to be the fiduciary responsible for the plan assets in the trust and the authority to direct the trustee. The treasurer appointed the northern trust company as the trustee during the tax year. Prior to this appointment, the investment committee was the trustee for the trust.”
Form 990, Part VI, Section B, Line 11B
“Upon completion of the form 990, the my p&g services, finance & accounting organization will review the form 990 and then present it to the investment committee for review, approval, and signature before filing.”
Form 990, Part VI, Section C, Line 19
“The trust does not have its own conflict of interest policy or its own financial statements. The governing document is the trust agreement with the northern trust company, which is not available to the public.”
Filing and Contact Details
Filer
- Filer Name
- The Procter & Gamble Retiree Benefit
- EIN
- 31-1383353
- Phone
- 5139837777
- Address
- TWO PROCTER GAMBLE PLAZA, CINCINNATI, OH 45202
Signing Officer
- Name
- Kevin Whitham
- Title
- Investment Committee Member
- Phone
- 5139837777
- Signed
- 2023-03-21
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Kevin Whitham
- Formed
- 1993
- Legal Domicile
- Oh
- Voting Board Members
- 3
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Deloitte Tax Llp
- Address
- 1100 WALNUT STREET SUITE 3300, KANSAS CITY, MO 64106
- Preparer
- Brett Falkner
- Phone
- 8164746180
Raw XML Appendix350 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5373063 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3740532 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE RETIREE MEDICAL BENEFITS FOR THE U.S. PROCTER & GAMBLE COMPANY RETIRED EMPLOYEES. |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 183733070 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KELLEY MCCABE - PROCTER & GAMBLE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5139837777 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | TWO PROCTER GAMBLE PLAZA |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CINCINNATI |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 45202 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 25162996 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 16802086 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 5878953 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 512211 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 445179 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 106639 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 5901 LINCOLN DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 900 COTTAGE GROVE RD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 501 US HIGHWAY 22 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 60 STATE STREET SUITE 600 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | BLOOMFIELD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | BRIDGEWATER |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | BOSTON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | CT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | NJ |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 55436 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 06002 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 08807 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 02109 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | UNITED HEALTHCARE INSURANCE COMPANY |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | CIGNA HEALTH AND LIFE INSURANCE COMPANY |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | METROPOLITAN LIFE INSURANCE COMPANY |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | BEST DOCTORS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | CLAIMS PROCESSING |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | ADMINISTRATION SVCS. |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | CLAIMS PROCESSING |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | CLAIMS PROCESSING |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 183733070 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 23769 |
| IRS990/CYOtherExpensesAmt | 0 | 6531473 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 181879864 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -8360910 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 190264543 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 181903633 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/Desc | 0 | FUND RETIREE MEDICAL BENEFITS FOR THE U.S. PROCTER & GAMBLE COMPANY RETIRED EMPLOYEES. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 190264543 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 2476 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 0 | THE NORTHERN TRUST COMPANY |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KEVIN WHITHAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MATT JANZAURK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | COLLEEN HELKER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | INVESTMENT COMMITTEE MEMBE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | INVESTMENT COMMITTEE MEMBE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | INVESTMENT COMMITTEE MEMBE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1993 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 181903633 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 23769 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 23769 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 21770149 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 14717239 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE RETIREE MEDICAL BENEFITS FOR THE U.S. PROCTER & GAMBLE COMPANY RETIRED EMPLOYEES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 25162996 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 16802086 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 3259 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 266 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9660 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | ADMINISTRATIVE EXPENSES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6528997 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1980482 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1665345 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | KEVIN WHITHAM |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONTRIBUTIONS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 181879864 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 181879864 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 176251913 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2312 |
| IRS990/PYOtherExpensesAmt | 0 | 8456779 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 187882349 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 3175969 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 184708692 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 187884661 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -8360910 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 181879864 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1665345 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PART. CONTR. RECEIVED IN ADVANCE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1665345 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROCTER & GAMBLE COMPANY'S BOARD OF DIRECTORS DELEGATED AUTHORITY TO THE TREASURER OF THE PROCTER & GAMBLE COMPANY REGARDING OVERSIGHT OF THE TRUST, WHO IN TURN HAS APPOINTED THE NORTHERN TRUST COMPANY AS THE DIRECTED TRUSTEE FOR THE TRUST, AND DELEGATED AUTHORITY TO THE PROCTER & GAMBLE INVESTMENT COMMITTEE TO BE THE FIDUCIARY RESPONSIBLE FOR THE PLAN ASSETS IN THE TRUST AND THE AUTHORITY TO DIRECT THE TRUSTEE. THE INVESTMENT COMMITTEE HAS DELEGATED AUTHORITY TO THE MY P&G SERVICES, FINANCE & ACCOUNTING ORGANIZATION WITHIN THE PROCTER & GAMBLE U.S. BUSINESS SERVICES COMPANY TO MANAGE THE DAY-TO-DAY RESPONSIBILITIES WITH RESPECT TO ADMINISTRATION OF THE TRUST THAT ARE NOT HANDLED BY THE TRUSTEE. THE TREASURER APPOINTED THE NORTHERN TRUST COMPANY AS THE TRUSTEE DURING THE TAX YEAR. PRIOR TO THIS APPOINTMENT, THE INVESTMENT COMMITTEE WAS THE TRUSTEE FOR THE TRUST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PROCTER & GAMBLE COMPANY'S BOARD OF DIRECTORS DELEGATED AUTHORITY TO THE TREASURER OF THE PROCTER & GAMBLE COMPANY REGARDING OVERSIGHT OF THE TRUST, WHO IN TURN HAS APPOINTED THE NORTHERN TRUST COMPANY AS THE DIRECTED TRUSTEE FOR THE TRUST, AND DELEGATED AUTHORITY TO THE PROCTER & GAMBLE INVESTMENT COMMITTEE TO BE THE FIDUCIARY RESPONSIBLE FOR THE PLAN ASSETS IN THE TRUST AND THE AUTHORITY TO DIRECT THE TRUSTEE. THE TREASURER APPOINTED THE NORTHERN TRUST COMPANY AS THE TRUSTEE DURING THE TAX YEAR. PRIOR TO THIS APPOINTMENT, THE INVESTMENT COMMITTEE WAS THE TRUSTEE FOR THE TRUST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UPON COMPLETION OF THE FORM 990, THE MY P&G SERVICES, FINANCE & ACCOUNTING ORGANIZATION WILL REVIEW THE FORM 990 AND THEN PRESENT IT TO THE INVESTMENT COMMITTEE FOR REVIEW, APPROVAL, AND SIGNATURE BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE TRUST DOES NOT HAVE ITS OWN CONFLICT OF INTEREST POLICY OR ITS OWN FINANCIAL STATEMENTS. THE GOVERNING DOCUMENT IS THE TRUST AGREEMENT WITH THE NORTHERN TRUST COMPANY, WHICH IS NOT AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
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| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | THE GILLETTE COMPANY EMPLOYEE BENEFIT TRUST |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 311018491 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 223055220 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(9) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(9) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | PROVIDE HEALTH, LIFE AND DISABILITY BENEFITS |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 45202 |
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| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
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| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 18467431 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
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| IRS990/TotalGrossUBIAmt | 0 | 23769 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1980482 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1665345 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1980482 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1665345 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 25162996 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 16802086 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 190264543 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 181879864 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
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| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 18467431 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationTrustInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | CINCINNATI |
| IRS990/USAddress/StateAbbreviationCd | 0 | OH |
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| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEVIN WHITHAM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | INVESTMENT COMMITTEE MEMBER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5139837777 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE PROCTER & GAMBLE RETIREE BENEFIT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PROC |
| ReturnHeader/Filer/EIN | 0 | 311383353 |
| ReturnHeader/Filer/PhoneNum | 0 | 5139837777 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | TWO PROCTER GAMBLE PLAZA |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CINCINNATI |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 45202 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 861065772 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DELOITTE TAX LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1100 WALNUT STREET SUITE 3300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KANSAS CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 64106 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8164746180 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRETT FALKNER |
| ReturnHeader/ReturnTs | 0 | 2023-03-21T15:04:16-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KEVIN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WHITHAM |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
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