EIN 23-1581832

Philadelphia Foundation (PF)

IRS 501(c) type
501(c)(3)
Num. employees
31
Year formed
1918
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Philadelphia Foundation is the community foundation that serves the Greater Philadelphia community. It is one of the oldest and largest community foundations in the United States.
Total revenues
$57,345,521
2023
Total expenses
$54,267,925
2023
Total assets
$630,809,001
2023
Num. employees
31
2023

Program areas at PF

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 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. The Philadelphia Foundation addressed urgent needs across The greater Philadelphia region in 2023, making over $61.6m in grants from its funds and those of its supporting organizations. The organization continued to serve as a key civic leader in developing and implementing partnership initiatives to advance racial equity, address gun violence through The civic coalition to save lives, and invest in The resiliency of nonprofit organizations to service The region's most marginalized communities.

Grants made by PF

GranteeGrant descriptionAmount
St. Christopher's Foundation for Children (SCFC)Upkeep, Maintenance & Operations$4,838,459
Gwynedd Mercy University"the Frances Cannata '66'"$2,000,000
Clinton Hill Community ActionGeneral Operating Support$1,000,000
...and 635 more grants made totalling $40,312,312

Who funds Philadelphia Foundation (PF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Masciantonio FoundationSupport of the Teaching of$9,347,284
Society Hill Playhouse Center for the Performing ArtsCharity Donation$3,178,321
National Philanthropic TrustPublic, Societal Benefit$2,819,300
...and 45 more grants received totalling $23,368,865

Personnel at PF

NameTitleCompensation
Pedro A. RamosPresident and Chief Executive Officer$408,123
Christine ContiChief Financial and Administrative Officer$189,519
Orlando C. EspositoChief Investment Officer$203,645
Nell BoothChief of Staff$104,956
Janice K. (Jake) MariniChief Advancement Officer
...and 17 more key personnel

Financials for PF

RevenuesFYE 12/2023
Total grants, contributions, etc.$34,147,409
Program services$592,028
Investment income and dividends$21,464,232
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$133,274
Net gain from sale of non-inventory assets$1,008,578
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$57,345,521

Form 990s for PF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-10-30990View PDF
2021-122022-11-02990View PDF
2020-122021-11-14990View PDF
2019-122021-08-09990View PDF
...and 10 more Form 990s

Organizations like PF

OrganizationLocationRevenue
East Tennessee Foundation (ETF)Knoxville, TN$25,934,976
The Boston Foundation (TBF)Boston, MA$161,296,905
Communities Foundation of TexasDallas, TX$195,142,202
The Rhode Island FoundationProvidence, RI$87,701,485
Arizona Community FoundationPhoenix, AZ$122,702,351
New Hampshire Charitable FoundationConcord, NH$93,727,028
Arkansas Community FoundationLittle Rock, AR$94,928,038
The Pittsburgh FoundationPittsburgh, PA$80,275,888
San Antonio Area FoundationSan Antonio, TX$67,776,278
Maine Community FoundationEllsworth, ME$108,670,378
Data update history
January 5, 2025
Used new vendors
Identified 2 new vendors, including , and
January 4, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 25, 2024
Received grants
Identified 1 new grant, including a grant for $60,056 from Robert Wood Johnson Foundation (RWJF)
November 23, 2024
Updated personnel
Identified 5 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $9,347,284 from Masciantonio Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
EducationCommunity improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1835 Market St 2410
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
philafound.org/ 
Phone
(215) 563-6417
Facebook page
ThePhiladelphiaFoundation 
Twitter profile
@philafound 
IRS details
EIN
23-1581832
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1918
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
127209
FTB Entity ID
1295693
AB 488 data last updated ("as-of") date
2024-12-31
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