The Philadelphia Foundation

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The Philadelphia Foundation
Philadelphia Foundation Official Logo.gif
Founded1918
FounderWilliam Purves Gest
TypeCommunity Foundation
Location
  • Philadelphia, Pennsylvania, United States of America
Area served
Greater Philadelphia
Key people
 (President and CEO) [2]
EndowmentUS $398 million as of 31 December 2018[1]
Employees
28
Websitewww.philafound.org

The Philadelphia Foundation is a community foundation that serves the Greater Philadelphia community. The five primary counties served are Philadelphia County, Pennsylvania, Bucks County, Pennsylvania, Chester County, Pennsylvania, Delaware County, Pennsylvania, and Montgomery County, Pennsylvania.[3] It is one of the oldest and largest community foundations in the United States, awarding more than $20 million in annual grants from more than 800 charitable funds.[4]

History[]

The foundation was established as a "community trust" by the Fidelity Trust Company in December 1918.y.[5]

Mission[]

The mission of The Philadelphia Foundation is "building philanthropic resources, managing those resources well, and distributing those resources effectively." This is part of their larger vision of "a flourishing Delaware Valley made up of safe, thriving and diverse communities, strengthened by a dynamic and robust nonprofit sector that is critical to our quality of life, and that inspires civic participation through philanthropy."[6] It manages approximately 900 funds and makes over 1,000 grants and scholarship awards each year.[7]

See also[]

References[]

  1. ^ "2018 990" (PDF). IRS. Retrieved 2021-02-07.
  2. ^ "Leadership & Staff". The Philadelphia Foundation. Retrieved 2021-02-07.
  3. ^ "Our Mission & History". The Philadelphia Foundation. Retrieved 2014-03-31.
  4. ^ "Quick Facts". The Philadelphia Foundation. Retrieved 2014-03-31.
  5. ^ "December 24, 1918 (Page 2 of 18)." Philadelphia Inquirer (1860-1934), Dec 24, 1918. ProQuest 1829462559
  6. ^ "Mission". The Philadelphia Foundation. Retrieved 2014-03-31.
  7. ^ "Guidestar: Philadelphia Foundation". www.guidestar.org. Retrieved 2021-02-09.

External links[]

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