Frequently Asked Questions

What is The Philadelphia Foundation?

We are a “community foundation,” a pool of several hundred permanent, charitable trust funds created since 1918 to improve the quality of life in Southeastern Pennsylvania (Bucks, Chester, Delaware, Montgomery and Philadelphia counties). We award millions of dollars in grants and scholarships annually.

What is a "community" foundation?

Unlike other foundations whose assets come from a single source and whose purpose is defined by a family or business, a community foundation is a collection of money from civic-minded people to meet a wide range of community needs now and in the future. Pooling these dollars enables even the smallest component fund to achieve investment returns enhanced by economy of scale. Grants are guided by knowledgeable people who know which organizations best meet community needs.

Is The Philadelphia Foundation the only community foundation?

We are one of the oldest of hundreds of community foundations in the U.S., and many in foreign countries, all dedicated to serving their community’s needs.

What are the advantages of using a community foundation?

A community foundation enables people to establish a charitable fund without having to cope with the complexities of setting up their own foundation. We offer flexibility, tax advantages, long-term stability, convenience, credibility and expertise in financial management and grantmaking. We provide the security that the name of the charitable donor, or the person in whose name the fund is established, will be honored forever.

Who can establish a fund?

Funds are created by individuals, families, private foundations, and corporations with a charitable vision. We also manage the endowment funds of many nonprofits. Hundreds of people of modest and magnificent means have turned to us as their philanthropic partner. They have entrusted us to invest their charitable dollars wisely and use the generated revenue to provide grants and scholarships to the causes they care about. Learn more about creating a fund.

Who can get a grant?

The Foundation awards grants only to nonprofit 501(c)(3) organizations primarily in Bucks, Chester, Delaware, Montgomery and Philadelphia counties. Learn more about applying for a grant.

What is The Philadelphia Foundation's Mission Statement?

The Philadelphia Foundation is in the business of “building community” through:

  • Building philanthropic resources
  • Managing those resources well
  • Distributing those resources effectively to improve the quality of life for all.

And we fulfill that Mission by:

  • Convening, leading and supporting
  • Focusing on vulnerable populations, our donors and the nonprofit sector

Our Vision:
The Philadelphia Foundation envisions 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.

Our Values
We achieve our mission based on certain values that are paramount to all that we do. They are (in order of importance):

TRUST
HOPE
EFFICIENCY


To learn more, call 215-563-6417 or email us.

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1835 Market Street, Suite 2410 | Philadelphia, PA 19103-2968 | Directions

Phone: 215-563-6417 | Email Us

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1835 Market Street, Suite 2410
Philadelphia, PA 19103

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