1. Directory
  2. Pennsylvania
  3. Philadelphia
  4. Independence Foundation
EIN 23-1352110

Independence Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Philadelphia
State
Pennsylvania
Year formed
1946
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Independence Foundation is a private foundation located in Philadelphia, PA that made 276 grants last year. Grantees include Broad Street Ministry. The purpose of the foundation is partial returned grant.
Total revenues
$3,150,026
2022
Total expenses
$6,052,583
2022
Total assets
$66,571,196
2022
Num. employees
6
2022

Program areas at Independence Foundation

Refund of tax payments

Grants made by Independence Foundation

GranteeGrant descriptionAmount
Project HomeHealth Services at the Hub of Hope$75,000
Pennsylvania Health Access NetworkGeneral Support$75,000
Planned Parenthood Southeastern Pennsylvania (PPSP)General Support$75,000
...and 305 more grants made totalling $3,541,247

Who funds Independence Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hfo FoundationGeneral$50,000

Personnel at Independence Foundation

NameTitleCompensation
Susan ShermanPresident and Chief Executive Officer$337,737
Jennifer BohnenbergerChief Operating Officer$148,671
Phyllis W BeckBoard Chair , Chief Financial Officer$232,667

Financials for Independence Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,310,164
Net rental income$0
Net gain from sale of non-inventory assets$1,839,862
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,150,026

Form 990s for Independence Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-01990PFView PDF
2020-122021-06-22990PFView PDF
2019-122020-11-04990PFView PDF
2018-122020-01-14990PFView PDF
2018-122019-12-17990PFView PDF
...and 11 more Form 990s
Data update history
July 6, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 29, 2023
Updated personnel
Identified 1 new personnel
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Hfo Foundation
July 10, 2022
Used new vendors
Identified 3 new vendors, including , , and
June 7, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
200 S Broad St 1101
Philadelphia, PA 19102
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Website URL
independencefoundation.org/ 
Phone
(215) 985-4009
IRS details
EIN
23-1352110
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Independence Foundation has new information, or want to find more organizations like Independence Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy