Lenfest Foundation Inc

Organization Overview

Lenfest Foundation Inc is located in Philadelphia, PA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2019, Lenfest Foundation Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (44.5%) each year. All expenses for the organization totaled $33.7m during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Lenfest Foundation Inc has awarded 105 individual grants totaling $32,994,160. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION IS A PRIVATE NON-OPERATING FOUNDATION, AND AS SUCH, ITS ONLY ACTIVITY IS TO MAKE GRANTS OR CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS, PRINCIPALLY TO PUBLIC CHARITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $978,691
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,477,774

Grants Awarded

Over the last fiscal year, Lenfest Foundation Inc has awarded $32,994,160 in support to 105 organizations.

Grant RecipientAmount

DREXEL UNIVERSITY

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: SUPPORT BUILDING A FACILITY TO HOUSE SAMUEL POWEL ELEMENTARY AND SCIENCE LEADERSHIP ACADEMY MIDDLE SCHOOL

$13,000,000

UNIVERSITY CITY DISTRICT

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: CONNECTING TALENTED WEST PHILADELPHIANS TO LIFE CHANGING JOBS: A COLLABORATIVE APPROACH

$2,000,000

UNIVERSITY CITY DISTRICT

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: CONNECTING TALENTED WEST PHILADELPHIANS TO LIFE CHANGING JOBS: A COLLABORATIVE APPROACH

$1,700,000

DREXEL UNIVERSITY

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: CENTER FOR CULTURAL PARTNERSHIPS CO-OPS

$1,000,000

VILLANOVA UNIVERSITY

Org PageRecipient Profile

Villanova, PA

PURPOSE: THE PHILADELPHIA FUTURES SCHOLARS PROGRAM AT VILLANOVA UNIVERSITY

$1,000,000

VILLANOVA UNIVERSITY

Org PageRecipient Profile

Villanova, PA

PURPOSE: THE PHILADELPHIA FUTURES SCHOLARS PROGRAM AT VILLANOVA UNIVERSITY

$1,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lenfest Foundation Inc has recieved totaling $0.

Awarding OrganizationAmount
Ford Foundation

New York, NY

PURPOSE: $10,000 FOR RESEARCH ANALYSIS ARTICLE PREPARATION AND DISSEMINATION OF FINDINGS RE FINANCING THE TRUE COSTS OF SOCIAL IMPACT TRANSFORMATION AND SCALE ACROSS THE GLOBE SIGNIFICANT RESOURCES HAVE BEEN INVESTED IN ADDRESSING OUR MOST G10852

$0
View Grant Recipient Profile

Peer Organizations

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