Philadelphia Foundation

Philadelphia Foundation Overview

Philadelphia Foundation is located in Philadelphia, PA. The organization was established in 1990. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2018, Philadelphia Foundation employed 34 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations.

For the year ending 12/2018, Philadelphia Foundation generated $79.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $34.9m during the year ending 12/2018. While expenses have increased by 2.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY FOUNDATION STRENGTHENS THE ECONOMIC, SOCIAL & CIVIC VITALITY OF GREATER PHILADELPHIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.1. CIVIC LEADERSHIP: WE LEAD AND PARTICIPATE IN CIVIC AND PHILANTHROPIC PARTNERSHIPS WITH REGIONAL AND NATIONAL FUNDERS AS WELL AS ORGANIZATIONS LOCALLY AND THROUGHOUT THE STATE. THESE RELATIONSHIPS BRING PEOPLE TOGETHER TO DISCUSS THE COMMON GOOD, AMPLIFY THE VOICES OF THOSE IN NEED, HIGHLIGHT EFFECTIVE SOLUTIONS AND GALVANIZE COLLABORATIVE ACTION WITH THE BUSINESS, EDUCATION AND GOVERNMENT SECTORS TO STRENGTHEN THE COMMUNITY.2. GRANTMAKING AND PROGRAMS: WE DEPLOY PHILANTHROPIC DOLLARS TO THE COMMUNITY IN THE FORM OF GRANTS, SCHOLARSHIPS AND PROGRAMS, ADHERING TO THE DIRECTION AND/OR DISCRETION ENTRUSTED TO US BY OUR DONORS. DISCRETIONARY GRANTS ADDRESS BROAD COMMUNITY CONCERNS AND OPPORTUNITIES, WITH AN EMPHASIS ON VULNERABLE POPULATIONS AND THE INFRASTRUCTURE AND LEADERSHIP OF ORGANIZATIONS THAT SERVE THEM. MOST DISCRETIONARY GRANTS ARE IN THE FORM OF UNRESTRICTED GENERAL OPERATING SUPPORT.3. ENGAGED PHILANTHROPY: WE SERVE AS THE VEHICLE FOR PHILANTHROPIC GIVING IN THE COMMUNITY, OFFERING SEVERAL TYPES OF LIFETIME AND LEGACY GIVING FOR INDIVIDUALS, NONPROFITS, CORPORATIONS, FOUNDATIONS AND PROFESSIONAL ADVISORS. WE PARTNER WITH COMMUNITY MEMBERS ON THEIR CUSTOMIZED STRATEGIC GIVING PLANS. PROGRAMS TO INSPIRE COMMUNITY SUPPORT INCLUDE AN ART GALLERY, SITE VISITS AND PRESENTATIONS HIGHLIGHTING EFFECTIVE NONPROFITS.


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Philadelphia Foundation Board, Officers & Key Employees

Philadelphia Foundation Vendors

Vendor Name (Service)Compensation
Seachange Capital Partners
Consulting Services
$235,000
Braithwaite Communications Inc
Branding/public Relations Consultant
$229,520
Colonial Consulting Inc
Investment Consultant
$171,416
Ballard Spahr Llp
Professional Services
$147,647
Visum Associates Llc
Program Management
$124,467
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59,796,080
Noncash contributions included in lines 1a–1f $15,479,239
Total Revenue from Contributions, Gifts, Grants & Similar$59,796,080
Total Program Service Revenue$379,553
Investment income $11,731,744
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $739,512
Net Gain/Loss on Asset Sales $6,801,394
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $79,448,283

Philadelphia Foundation Grants Awarded

Over the last fiscal year, Philadelphia Foundation has awarded $25,232,562 in support to 651 organizations.

Grant RecipientAmount

INSTITUTE OF CONTEMPORARY ART

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: REE MORTON: THE PLANT THAT HEALS MAY ALSO POISON

$730,117

MUSEUM OF THE AMERICAN REVOLUTION

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: HAMILTON WAS HERE: RISING UP IN REVOLUTIONARY PHILADELPHIA

$667,000

THE PROFESSIONAL INSTITUTE FOR INSTRUCTIONAL COACHING

Org PageRecipient Profile

Narberth, PA

PURPOSE: PENNSYLVANIA INSTITUTE FOR INSTRUCTIONAL COACHING PROGRAM

$599,795

TWISPWORKS FOUNDATION

Org PageRecipient Profile

Twisp, WA

PURPOSE: CAPITAL FUNDING FOR BREWING FACILITY AND BEER GARDEN

$515,000

MATERNITY CARE COALITION

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: EARLY HEAD START

$425,250

HISTORIC ORGAN RESTORATION COMMITTEE INC

PURPOSE: ONGOING PROGRAMS

$373,600
View Grant Profile

Philadelphia Foundation Grants Recieved

Over the last fiscal year, we have identified 17 grants that Philadelphia Foundation has recieved totaling $266,606.

Awarding OrganizationAmount
Pincus Family Foundation

Wilmington, DE

PURPOSE: PHL COVID-19 FUND

$75,000
Rubin Family Foundation

Bensalem, PA

PURPOSE: SUPPORT

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$42,263
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$25,000
The Foundation For Enhancing Communities

Harrisburg, PA

PURPOSE: HUMAN SERVICE

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$310,850,453
Earnings-$17,043,034
Admin Expense-$2,936,279
Net Contributions$31,522,945
Grants$18,419,287
Ending Balance$309,847,356

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