The Philadelphia Foundation is a
community foundation
Community foundations (CFs) are instruments of civil society designed to pool donations into a coordinated investment and grant making facility dedicated primarily to the social improvement of a given place. Community foundations are a global pheno ...
that serves the metropolitan
Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
community. The five primary counties served are
Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
,
Bucks,
Chester
Chester is a cathedral city in Cheshire, England, on the River Dee, Wales, River Dee, close to the England–Wales border. With a built-up area population of 92,760 in 2021, it is the most populous settlement in the borough of Cheshire West an ...
,
Delaware
Delaware ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic and South Atlantic states, South Atlantic regions of the United States. It borders Maryland to its south and west, Pennsylvania to its north, New Jersey ...
, and
Montgomery. It is one of the oldest and largest
community foundations
Community foundations (CFs) are instruments of civil society designed to pool donations into a coordinated investment and grant making facility dedicated primarily to the social improvement of a given place. Community foundations are a global pheno ...
in the United States, awarding more than $20 million in annual grants from more than 800 charitable funds.
History
The foundation was established as a "community trust" by the
Fidelity Trust Company in December 1918. Initially the committee charged with the distribution of funds was composed of five individuals: one appointed by the
Pennsylvania governor, one appointed by the senior judge of the
U.S. District Court for Eastern Pennsylvania, one appointed by the judge of the Orphans' Court, and two appointed by the Board of Directors of the Fidelity Trust Company.
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
The Philadelphia metropolitan area, also known as Greater Philadelphia and informally called the Delaware Valley, the Philadelphia tri-state area, and locally and colloquially Philly–Jersey–Delaware, is a major metropolitan area in the Nor ...
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." It manages approximately 900 funds and makes over 1,000 grants and scholarship awards each year.
See also
*
Community foundation
Community foundations (CFs) are instruments of civil society designed to pool donations into a coordinated investment and grant making facility dedicated primarily to the social improvement of a given place. Community foundations are a global pheno ...
*
Connelly Foundation
The Connelly Foundation is a Philadelphia philanthropic organization based in West Conshohocken, Pennsylvania. The organization was founded in 1955 by businessman and entrepreneur John F. Connelly. Connelly headed the foundation until his deat ...
*
Philadelphia Media Network
*
William Penn Foundation
References
External links
Official website
{{DEFAULTSORT:Philadelphia Foundation
Community foundations based in the United States
Non-profit organizations based in Philadelphia