PHILADELPHIA FOUNDATION

PHILADELPHIA, PA, 19103-2909 (215) 563-6417 Est. 1918 EIN 23-1581832
T310— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.PHILAFOUND.ORG

Mission

SEE SCHEDULE O.PHILADELPHIA FOUNDATION IS ONE OF THE COUNTRY'S FIRST PUBLICLY SUPPORTED COMMUNITY FOUNDATIONS AND THE LARGEST DEVOTED TO IMPROVING LIVES IN GREATER PHILADELPHIA. FOR OVER A CENTURY, COMMUNITY MEMBERS, CIVIC AND BUSINESS SECTOR LEADERS, AND NONPROFIT ORGANIZATIONS HAVE TURNED TO US FOR PARTNERSHIP AND COLLABORATION IN RESPONDING TO COMMUNITY NEEDS AND CREATING OPPORTUNITIES FOR IMPACT.IN OUR WORK AS A CIVIC CATALYST, TRUSTED PARTNER, AND STRATEGIC PROBLEM-SOLVER ALL DETAILED BELOW WE SEEK TO STRENGTHEN THE ECONOMIC, SOCIAL, AND CIVIC VITALITY OF THE REGION. WE USE A ROBUST PORTFOLIO OF APPROACHES STRATEGIC LEADER, FUNDER, CONVENOR, RESOURCE AGGREGATOR, POLICY ADVOCATE TO ADVANCE THAT MISSION. OUR PHILOSOPHY IS THAT PROVIDING CIVIC AND COMMUNITY LEADERSHIP IS NECESSARY FOR EFFECTIVE PHILANTHROPIC LEADERSHIP.

Giving Portfolio

Total Grants
4,538
Total Giving
$248.7M
Recipients
4,288
Years Active
2018 - 2024
Avg grant: $53,660 Median: $22,899

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024714$38.8M $54K141573
2023654$41.6M $64K161493
2022634$37.4M $59K126475
20201070$80.4M $75K526541
2019821$25.5M $31K207400
2018645$25.1M $39K6450

Sectors Funded

Education
653
Human Services
618
Arts, Culture & Humanities
552
Health Care
287
Philanthropy & Grantmaking
155
Community Improvement
148
Youth Development
140
Crime & Legal-Related
129
and 18 more sectors

Top States

Pennsylvania
3417
New Jersey
199
New York
189
Washington
119
District of Columbia
73
Massachusetts
69
California
56
Virginia
47
and 32 more states

Grantee Size Profile

$1M - $5M
1190
$10M - $50M
754
Over $50M
644
$5M - $10M
486
$100K - $500K
415
$500K - $1M
397
Under $100K
130

Top Grantees

Page 1 of 3

Grants Awarded · 4315 grants

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Financials

Total Revenue
$88,851,245
Total Expenses
$52,053,674
Net Assets
$681,916,708
57 employees 28 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 54.9%
Expenses ↓ 4.1%
Revenue Sources
Contributions 74.4% Earned revenue 0.7% Investment 24.8%
Expense Breakdown
Program 89.7% Management 9.4% Fundraising 0.8%

Officers & Trustees (24)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$88,851,245 $52,053,674$681,916,708
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$57,345,521 $54,267,925$605,093,430
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$80,318,312 $48,747,954$559,673,794
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$77,874,752 $88,811,151$501,622,091
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$66,660,025 $34,669,527$478,454,831
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$79,448,283 $34,874,966$398,278,408

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EIN: 23-1581832 · Source: IRS Form 990 e-file data